Theresa May

[Yipper]

MG CHRIS said:

Yipper said:

craigjm said:

cayman-black said:

Yipper said:

Hard Brexit = recession.

What ? I think the opposite.

Nobody knows what it will mean until it happens and considering that they cant measure a recession until you are 2 quarters into it then nobody will know until 6 months after exit.

Yes, time will tell, of course.

For now, we have Breuphoria. Everyone is excited about sticking it to the Germans.

But the swing to Daily Mail Brextremism by May does not bode well. It signals an end to the honeymoon period.

In truth, Britain has only one big industry left, the City of London -- a hard Brexit will hurt it directly and psychologically. If London sneezes, the rest of Britain will catch a cold.

Time to wind in all big spending plans and hunker down for a bumpy couple of years.

Try telling that to the people in the motorsport industry/car industry/ medical industry/ gaming industry/food industry/hospitality industry the list goes on and on and on. We are prospering and our manufacturing output has been growing consistently over the last few years.

UK financial services have a roughly £40 billion global trade surplus.

UK vehicle manufacturing has a roughly £6 billion global trade deficit.

Everything hangs on the City of London. If it gets EU passporting rights, Brexit will be good. If it does not, Britain will get even poorer (it is already down to 37th place in global GDP PPP rankings).

[anonymous-user]

Her speech was measured and concise, she had no other stance to take. Most of the people that matter i.e. Heads of a state Government were gracious and respected the speech and the meaning behind it.

Strangely enough, those that don't matter in reality i.e. The Cossetted Eu nonentities were less than receptive, immediately resorting to threats again.

Guy Verstofdat??? Whoever he is ? was chosen by the EU as their negotiator a proven cretin! . His comments were most constructive I found.

" the EU will never accept a deal that would leave the UK better off than outside membership in the EU"

What a complete clown

[davepoth]

Yipper said:

Britain will get even poorer (it is already down to 37th place in global GDP PPP rankings).

Wrong.

We won't get passporting - it'll be MiFID II, which is a different thing. Although having less focus on banking may be a net positive to GDP PPP rankings - having a small number of very rich people does little to lift the average PPP in a country (unless the people are developing nation poor and the rich people are Croesus-wealthy).

http://voxeu.org/article/effects-income-inequality...

What's needed is an economy where there are plenty of decent and skilled jobs, not half a million bankers and everyone else working for Amazon, Pret a Manger or Deliveroo.

[s2art]

MG CHRIS said:

Yipper said:

craigjm said:

cayman-black said:

Yipper said:

Hard Brexit = recession.

What ? I think the opposite.

Nobody knows what it will mean until it happens and considering that they cant measure a recession until you are 2 quarters into it then nobody will know until 6 months after exit.

Yes, time will tell, of course.

For now, we have Breuphoria. Everyone is excited about sticking it to the Germans.

But the swing to Daily Mail Brextremism by May does not bode well. It signals an end to the honeymoon period.

In truth, Britain has only one big industry left, the City of London -- a hard Brexit will hurt it directly and psychologically. If London sneezes, the rest of Britain will catch a cold.

Time to wind in all big spending plans and hunker down for a bumpy couple of years.

Try telling that to the people in the motorsport industry/car industry/ medical industry/ gaming industry/food industry/hospitality industry the list goes on and on and on. We are prospering and our manufacturing output has been growing consistently over the last few years.

Quite. And try telling Italy that they are useless at car manufacturing when one plant in the NE of England outproduces their entire country's output.

[Murph7355]

davepoth said:

...

What's needed is an economy where there are plenty of decent and skilled jobs, not half a million bankers and everyone else working for Amazon, Pret a Manger or Deliveroo.

I think you're doing the breadth of industry in this country a disservice.

We're good at Financial Services and it makes up something like 10%-15% of GDP I believe...still too much for one sector IMO. But also not exactly leaving a small amount to be made up by everything else.

[Troubleatmill]

Just finished watching the PM's speech.

Initial impression.
I think she just wrong footed the EU mouthpieces.

Her speech might well go down in history as one of the game changers.

The not so veiled threats of the UK prepared to be an offshore corporate tax haven carried a lot of weight.

Farron, Madelson, Blair and EU negotiators will be brewing a lot of coffee tonight.

[voyds9]

http://www.msn.com/en-gb/news/uknews/theresa-may-s...


The more she upset the EU the better job I think she's doing

The EU seems to want to dictate what is up for negotiation and tell us what they will let us have.

Keeping them wrong footed can only be good for us.

Their major piece of free movement has just been removed from the game board.

[CaptainSlow]

Amusing that comments from the continent back tracking about making threats considering that's all they've been doing for the last six months.

[FredClogs]

Troubleatmill said:

Just finished watching the PM's speech.

Initial impression.
I think she just wrong footed the EU mouthpieces.

Her speech might well go down in history as one of the game changers.

The not so veiled threats of the UK prepared to be an offshore corporate tax haven carried a lot of weight.

Farron, Madelson, Blair and EU negotiators will be brewing a lot of coffee tonight.

Thats how democracy and society works now is it? Just appease the corporate gods and everything else will follow... Hmmm. I've got no time for Blair, Mandy or Fallon but turning the UK into a giant Luxenbourg isn't my idea of Utopia either.

[MarshPhantom]

Troubleatmill said:

Her speech might well go down in history as one of the game changers.

Agreed. Very much for the worse.

[Troubleatmill]

MarshPhantom said:

Troubleatmill said:

Her speech might well go down in history as one of the game changers.

Agreed. Very much for the worse.

Prepared to put your money where your mouth is?
£500? Charity of your and my choice?

Now - can we agree what metrics to use???

I will let you make a proposal.

[citizensm1th]

We need to be careful the german press is already out for blood and with trump wading in they and the french could see it as a anglo saxon threat to europe. if and its a big if the conservative german press is right germany will play hard ball and try to make it as hard as possible for us

[BlackLabel]

I see that even the Mirror has given the PM a non hostile front page. How things have changed.

[anonymous-user]

Germany has enough on its plate this year to worry about.

Going to be an interesting 2 years, with plenty of things potentially changing in Europe.

[CaptainSlow]

Troubleatmill said:

MarshPhantom said:

Troubleatmill said:

Her speech might well go down in history as one of the game changers.

Agreed. Very much for the worse.

Prepared to put your money where your mouth is?
£500? Charity of your and my choice?

Now - can we agree what metrics to use???

I will let you make a proposal.

That's nearly four years pocket money, you'll have to lower the stakes a little. What about two sherbet dips and half a wham bar?

[JagLover]

Decent speech that made a virtue out of a necessity.

As Switzerland's recent problems have demonstrated the EU are completely unwilling to compromise on free movement. So our choice was to either accept a worse deal than before the June vote, with all the downsides of EU membership with no ability to shape it, or leave entirely and try and negotiate a decent deal for access.

In a sane world an organisation that has a large trade surplus with us would be willing to negotiate a decent free trade deal, but the EU has always put politics before economics.

We need to go into the negotiations quite willing to walk away and accept it is out of our hands. May has shown she is willing to negotiate in good faith, but on the other side, among EU officials at any rate, the main desire seems to be to punish us rather than preserve European jobs and prosperity.

[Rick101]

When we get our 350 million we should build a big feckin wall. One North, one South, in fact let's have one all the way around, 20ft high, electrified, with dogs.

Then give what's left to the NHS

Brexit means Brexit

[Deptford Draylons]

Rick101 said:

When we get our 350 million we should build a big feckin wall. One North, one South, in fact let's have one all the way around, 20ft high, electrified, with dogs.

Then give what's left to the NHS

Brexit means Brexit

Bit early to be this pissed and posting your ravings, no ?

[Thorodin]

Statements like 'everyone excited about stickling it to the Germans' is to be regretted. Exactly the tone and sentiment Theresa May studiously avoided and with good reason. Disgraceful. If that's the best we can do....

[tommunster10]

She did mention this will all go to a vote anyway in HP. So she can act all hard on this knowing full well it might just all get voted agaisnt and downgraded, she can lay blame at others whilst shouting about how hard she wanted to be..... I don't trust politicians...