Voted Leave: D+1 - whats the Economic Plan
Discussion
eharding said:
I think you might have typed 'England' there, when in fact what you really meant to say was 'South-East England'. 
Yep, I see what you did there; BUT I think its the rest of the UK that really needs the investment (and one of the valid voting reasons to stick it to the man - both succesive Labour and Tory govts). Fracking, HS2, increased industrilisation in certain areas mainly pro Brexit - still a price worth paying? (oh and maybe sell the Isle of Wight to China - gotta be a few hundred billion right there). Ok, I'm not serious on the China thing; just the SWF previously mentioned. Apols for possibly poor spelling - Top Gear on.
Edited by stongle on Sunday 26th June 20:29
kurt535 said:
...and that's when they told me about the company upping sticks on the back of the result as investing in the uk was now too much of a risk. scots will go this time and england won't be able to stop it. the majority in NI will have to be respected too. dismissing a rise in fuel down to a falling currency is head in sand a bit. the £350m comment makes me smile. remove one political for another. that works every time....too many low cognitive people swallowed the hook without any bait.
We'll see what happens with your Dutch firm. Maybe they'll go, maybe they won't. Maybe they were going anyway, maybe they weren't.The Scots and Northern Irish weren't voting to leave the UK. They voted to Remain by a majority, but that is not the same thing. So did London. So did a few places. Just not enough. The realities of life will settle things down in the coming weeks with them. There is no way they could stand on their own, and no way the EU will want more net recipients at this moment in time. There's never been a "territory" of a member break away and join yet either - and that alone will cause issues for those nations who might struggle holding it together (Spain).
Fuel - I have my head firmly above ground where prices are concerned thanks (you tend to do so a little more acutely when your house runs on oil, and most of your transport options are sub 20mpg
). It was only 3-4yrs ago I paid over £1.50 a litre. And if IIRC we were in the EU then with no referendum on the horizon. If the Leave vote hadn't have happened, something else would have to make prices fluctuate. Worrying about it is like worrying about the weather. Prepare yourself for it, but ultimately there's sod all you can do (even a Remain vote wouldn't have guaranteed flat fuel prices. Nothing ever does or can).The 350m...we aren't replacing one for another. We already had BOTH for the last 40yrs. We've just signalled intent to remove a layer. Anyone thinking that is unwise needs their bumps felt
I'll ignore the typical Remain voter's dismissal of the intellect of 17m people in this country, unless you'd care to suggest why you think yours is greater than mine/theirs in terms that don't include the way we voted. People with that sort of attitutde need to understand that line of thinking will divide this country more than anything. It needs to be left in the playground.
Asia just opened. £/$ 1.3426..ouch...near on 3 cent slam from friday.
and my comment re low cognitive was not playground jibes, its a critical observation and conclusion from years supporting such communities to improve their lot using EU funding! As an example, Great Yarmouth fiercely voted to leave yet its deprivation is phenomenal but made worse by so many who refuse to work yet blame their lot on anyone and everyone who has to listen.
oh good grief..even as i write this, bbc news has a report how areas who received major eu funding for deprivation have now got their begging bowl out and want funding guarantees the money will continue from the english govt! i fear they have a shock coming....
and my comment re low cognitive was not playground jibes, its a critical observation and conclusion from years supporting such communities to improve their lot using EU funding! As an example, Great Yarmouth fiercely voted to leave yet its deprivation is phenomenal but made worse by so many who refuse to work yet blame their lot on anyone and everyone who has to listen.
oh good grief..even as i write this, bbc news has a report how areas who received major eu funding for deprivation have now got their begging bowl out and want funding guarantees the money will continue from the english govt! i fear they have a shock coming....
Mr. White said:
Worth a read: http://www.telegraph.co.uk/business/2016/06/26/geo...
Good to see something positive sentiments at last....Fed up with all the doom and gloom..
fizz47 said:
Mr. White said:
Worth a read: http://www.telegraph.co.uk/business/2016/06/26/geo...
Good to see something positive sentiments at last....Fed up with all the doom and gloom..
There have been many positive statements on Brexit, but the content is flimsy assumption and aspirational. Fair enough to talk up your abilities, but the dye is cast; time to put money where their mouths are. Rather then making jingoistic statements, how about these firms roll out growth and investment plans. Nearly everything I've read from both camps is on the assumption we WILL achieve positive trade deals. This cannot be guaranteed, so we must take charge of our own destiny in a manner that does not alienate rest of world, but does prepare us for future tough waters. We cannot divorce ourselves from global trade, but we have to recognise the difficulties some partners may face to be magnanimous when they trying to dvalue their own ccy or use stimulus.
Whether remain or leave take us through article 50, they need to have some stones to make structural reform of the internal UK economy.
Oh, and Weatherspoons? Really would benefits either way. Don't need to say more on that.
Whether remain or leave take us through article 50, they need to have some stones to make structural reform of the internal UK economy.
Oh, and Weatherspoons? Really would benefits either way. Don't need to say more on that.
stongle said:
Gutted about Lord Hill, he was the EC commisionner for Finance and Banking! To be replaced by a Latvian (think Hill was a big part of the concessions London won over time), so maybe some deals to be had.
Interestingly banks tend to move more simple businesses to Europe, so we'll see what we see. Certainly fighting the cause for the City will be difficult but we can hit them in the sponge on Bank Levy (and interestingly the EC screwed the Fed and CFTC on EMIR the other week so this could be interesting).
Whilst I think Brexit is a bad idea, its a done deal now. Personnally I think the majority of Brexiters will feel very short changed (especially on the immigration ticket) when they dont get the promises delivered.
Now, we need to find other very positive and achievable ways to move forward - NOT guess work (and to be fair that was spouted by both sides in the debate).
We seem to be relyig on rest of the world for Treaties, well lets start this off another way. Stick our money where our mouths (or voting cajonnes are). Self determined plan, not we'll negotiate this or that (which is important of course).
The EU will regret losing Hill. It wasn't just him; he had a high quality cabinet working with him and the British members will all go. The Capital Markets Union plan will most likely just fizzle out now. They'll complete it of course, but it will lack imagination and will amount to little.Interestingly banks tend to move more simple businesses to Europe, so we'll see what we see. Certainly fighting the cause for the City will be difficult but we can hit them in the sponge on Bank Levy (and interestingly the EC screwed the Fed and CFTC on EMIR the other week so this could be interesting).
Whilst I think Brexit is a bad idea, its a done deal now. Personnally I think the majority of Brexiters will feel very short changed (especially on the immigration ticket) when they dont get the promises delivered.
Now, we need to find other very positive and achievable ways to move forward - NOT guess work (and to be fair that was spouted by both sides in the debate).
We seem to be relyig on rest of the world for Treaties, well lets start this off another way. Stick our money where our mouths (or voting cajonnes are). Self determined plan, not we'll negotiate this or that (which is important of course).
Edited by stongle on Sunday 26th June 20:27
Edited by stongle on Sunday 26th June 20:33
kurt535 said:
so here we are, d+whatever since 'independence' from whatever.
£/$ spanked down to critical $1.32 level and S&P's dump our credit rating.
everything is perfectly fine though......
It hit $1.31 briefly and looks to continue to slide tomorrow. £/$ spanked down to critical $1.32 level and S&P's dump our credit rating.
everything is perfectly fine though......
It fell against every global currency today.
jamiem555 said:
Kurt, why is $1.32 a critical level. Genuine question from someone who can't believe this madness.
15% less hooker in Vegas. I'm a remainer, but I suppose we achieved a CCY devaluation without using -'ve rate policy yet. What makes me chuckle a tiny bit inside, is; if it was the older generation whom took us out they proper f**ked their annuities!
Whilst GBP and ftse have taking a battering CAC and DAX are getting smashed too. ECB goes for additional stimulus measures and the Eurozone banks will get smashed.
We need action now to secure the best deal possible for the UK post Brexit (to suggest otherwise is nonsense). We can't afford to let spite build up in the EU. We need the A team on field (who actually look like Carney, Osbourne and Cameron).
A question for those who work in the markets.
We - the UK - appear to be screwing our own markets/currency and also those of a number of other countries.
At some point in the future things will be back to normal, one hopes, and all this will be a blip in the history books. But will other countries bear grudges towards the UK for having brought about this f
k uppery, and if so, would they dish out payback and if so how?
We - the UK - appear to be screwing our own markets/currency and also those of a number of other countries.
At some point in the future things will be back to normal, one hopes, and all this will be a blip in the history books. But will other countries bear grudges towards the UK for having brought about this f
k uppery, and if so, would they dish out payback and if so how?stongle said:
I'm a remainer, but I suppose we achieved a CCY devaluation without using -'ve rate policy yet. What makes me chuckle a tiny bit inside, is; if it was the older generation whom took us out they proper f**ked their annuities!
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