Post-Brexit Thread

[Osem]

Originally Posted by Chris

http://order-order.com/2016/08/17/un...-falls-brexit/

It's like they're waiting for something else to whine about and blame Brexit for. Who'd have thought...

[GrimUpNorth]

Originally Posted by Osem

It's like they're waiting for something else to whine about and blame Brexit for. Who'd have thought...

^^^^ Must be a contender for post of the year. Superb

Cheers

Grim

http://www.express.co.uk/news/uk/704...T-Commons-vote

Mrs May has taken legal advice from Government lawyers who have been studying the legislation contained within the Lisbon Treaty.

They have also been looking into claims Remain campaigners can use the European Communities Act of 1972 to block the majority vote of the British public.

Mrs May is to move forward despite pressure from the House of Lords who voted for Britain to remain in the EU.

The Prime Minister is operating against a backdrop of financial collapse in Europe with countries including Germany and Italy teetering on the verge of European Central Bank bail out.

The EU is diverting billions of pounds to deal with a migrant crisis of gargantuan proportions and outbreaks of widespread terror as countries now close their borders snubbing EU agreements like Schengen.

The UK is continuing to pay money into the EU each week despite claims of widespread corruption and accusations of large scale fraud in some African nations which are receiving billions of pounds in subsidies.

We need to get the hell out of the EU now before the crumbling edifice collapses altogether

[Hom3r]

I read in the Daily Express yesterday that we can envoke a quick release clause.

[pip08456]

Originally Posted by Hom3r

I read in the Daily Express yesterday that we can envoke a quick release clause.

That may or may not be so but why would we invoke a quick release until we had other agreements in place?

Originally Posted by Hom3r

I read in the Daily Express yesterday that we can envoke a quick release clause.

And the Express never gets it wrong...

http://www.express.co.uk/news/clarif...if-we-leave-EU

I'd heard rumour of a quick exit process but that it basically meant the EU set the terms and the party exiting accepted without question clearly not something the UK is going to if the process actually exists. While I'd prefer the process to be underway and the two years of the process used to sort things out i can see a wisdom to waiting a little while in as much as we are arranging trade deals with other countries and we are receiving trade offers from a range of nations covering a range of trade areas. So when we do start negotiating with the EU we have fallbacks ready to go and the power isn't all on the EU side.

[Hom3r]

The EU is dead and decomposing, it was created in different times.

Once we leave others will follow.

[TheDaddy]

End of British border controls in France if this twerp gets back in

http://www.telegraph.co.uk/news/2016...ds-of-migrant/

Fortunately there is little chance of that

[heero_yuy]

Originally Posted by TheDaddy

End of British border controls in France if this twerp gets back in

http://www.telegraph.co.uk/news/2016...ds-of-migrant/

Fortunately there is little chance of that

Even if that did happen the punative fines on the ferry and tunnel operators for transporting illegals would force them to bring in more of their own patrols and checks. Could be more effective than the PC ones of HMG. Might even save some of our taxes for other purposes.

[Anypermitedroute]

Originally Posted by heero_yuy

Even if that did happen the punative fines on the ferry and tunnel operators for transporting illegals would force them to bring in more of their own patrols and checks. Could be more effective than the PC ones of HMG. Might even save some of our taxes for other purposes.

Surely transport operators would pass the higher costs on directly to the consumers

[heero_yuy]

Originally Posted by Anypermitedroute

Surely transport operators would pass the higher costs on directly to the consumers

Naturally. As I said a new revenue stream for HMG.

[Anypermitedroute]

Originally Posted by heero_yuy

Naturally. As I said a new revenue stream for HMG.

Ah, gotcha my abbreviation hat was missing

[Ignitionnet]

Some good news as weaker Sterling helps manufacturing PMI beat expectations by a country mile, indicating a solid bounce back from last month.

I appreciate that PMIs are apparently worthless but thought it merited a mention.

https://www.markiteconomics.com/Surv...c6b7836894b80f

Key findings:
 UK Manufacturing PMI posts 53.3 in August
 Trends in production and new orders post solid rebounds
 Weaker sterling currency drives up export orders and input costs

August saw solid rebounds in the trends in UK manufacturing output and incoming new orders.
Companies reported solid inflows of new work from both domestic and export sources, the latter
aided by the sterling exchange rate. Employment rose for the first time in the year-to-date.
At 53.3 in August, the seasonally adjusted Markit/CIPS Purchasing Managers’ Index® (PMI®)
recovered sharply from the 41-month low of 48.3 posted in July following the EU referendum.

Good stuff, but caveating this manufacturing is a small part of the economy.

If services have also recovered this would be excellent and implies that the shock from the vote has subsided somewhat and the activity that was held back before the referendum is being done now, however it's likely that services will not be as rosy for obvious reasons - free trade in goods is way easier than services.

Have at it.

---------- Post added at 13:15 ---------- Previous post was at 12:47 ----------

Incidentally the issues here are why Article 50 hasn't been triggered yet.

Just a few things to work through before the 2 years runs out after doing so.

[Osem]

Yet more bad economic news:

http://www.bbc.co.uk/news/business-37242804

Well they did warn us it'd all be downhill didn't they.