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S&P says UK 'to lose top credit rating'
The greatest piece of self flagellation since Henry ii punished himself after doing away with Thomas a Becket :eek: http://www.independent.co.uk/news/business/news/sp-says-uk-to-lose-top-credit-rating-after-vote-to-leave-the-eu-reports-a7099581.html
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When's the first interest rate rise going to come?
...today? If the currency tanks 10% that implies higher import costs which implies higher inflation which implies higher base rates which implies higher mortgage rates. The later you leabe the rises the bigger they need to be. OTOH, there is so much more debt today that a smaller rise takes otu more demand than it did in…
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What does brexit mean for UK property?
I'm speaking specifically from a London context. The rest of the UK I don't know much about. I think the Pound has more to fall over the next year or two. Short term volatility up or down but trend is down. I don't think this will prompt the government to increase rates. They were happy to sit on a 20+% fall in 2008. I…
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Young people and the economy
In the spirit of michaels threads I thought I'd contribute one. When older people are voting for exit, claiming that they are protecting younger people's futures, why do they not ask younger people what they actually want? The polls tell us that the largest percentage of remain voters are 19-29. The next largest are the…
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Referendum result - Predictions
MoneySavingExpert Insert: Hi all, if you want to see Martin's view on us leaving the EU read our news story: Martin's reaction to Brexit: what will it mean for the economy, mortgages, savings and more? Back to the original post... What does everyone think the final voting split will be. Personally I think Leave needed a…
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Will the losers accept the result and move on
Or will we forever be a divided nation? Will future elections be split both by party and EU stance? I fear a scotland
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Democracy and the Economy
I have lived through several political ages: 1) In the second half of the 70’s Labour was in charge governing at the behest of the unions, the public realised a change was required and in 1979 voted for Thatcher. 2) 18 years later the Tories had run out of ideas and turned to internal squabbling and sleaze, again the…
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The EU and the Economy
Most leading commentators suggest UK GDP will grow more slowly over the next 5-15 years (depending on forecast) if we leave the EU than if we remain within. However: 1) This is GDP not GDP per head, as they also forecast slower population growth the impact on GDP per head (closer to what actually matters) will obviously be…
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Immigration and the Economy
Immigration has been and undoubtedly remains good for the UK as a whole. The UK risks a demographic time bomb if we do not keep our demographic profile stable. However the UK is a small island with limited space and has a poor record at building the infrastructure needed for its existing population let alone a growing…
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Full Facts
There have been many untruths in this campaign. After all, it is being run by politicians so when their mouth is moving you know they're lying. Before you head out to vote tomorrow, why not do one last check of the facts. It'll be your last chance: https://fullfact.org/
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The Vote - the mechanics of it all....
Ok, so here we go.... all trott down to the local school/hall to vote, but what happens then? Is it like normal elections where we get to see area's 'declaring' throughout the night or do we just get an IN/OUT answer, or numbers etc... I have a valid reason - I'm happy to stay up and watch this unfold (and be disappointed…
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I'll be honest
I am a Brexit fan and I am a racist. or vice-versa
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Equity Release
Wew are considering Equity release, kids happy with it, no debt but penion not great ,wife will not move, Should we wait until after EU vote before we have the valution carried out? Thanks
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GDP, the NHS and life expectancy
International comparisons and historical data show a strong correlation between gdp and life expectancy. Similarly the NHS has to make life and death decisions every day about what life saving treatments are affordable given a limited budget. As gdp increases over time we are able to spend more money on the NHS and…
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Dumb question
Can someone please explain to a dumbo like me why when the economy tanks in normal times interest rates are cut but when the economy tanks post Brexit, interest rates are supposed to go up? This is all too much for my little brain.
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Has CLAPTON swung your mind. IN or OUT
Don't know about you but reading the cutting insight of CLAPTON et al has totally convinced me. I was always a bit on the fence but the noises from the out group having convinced me without a doubt that I do not sit with them. Remain for me. Anyone else made up their mind?
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BN3 (Hove) voted most desirable location in UK
For second year running for young professionals ... http://www.propertywire.com/news/europe/uk-young-professional-buyers-2016061712043.html
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IN/OUT Trump card time...
With us getting close, I'm sure each side has something up their sleeve. What do you think it could be? On the Remain camp I thought DC would announce a groundbreaking immigration change if we stay, but I keep hearing no movement on this can occur so not so sure now (unless this announcement will double surprise me?!)...…
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The U.S.E. (United States of Europe)
The euro is an integral part of joing the EU as monetary and fiscal union are an integral part of 'ever closer union' which is what the EU stands for. Why would we want to be part of an organisation that is moving towards being a European State when we (I think the vast majority in the UK beyond a small proportion of…
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Gove
Did Gove actually acuse the Guardian of ' try to get a 79-year-old man to serve their agenda' when that was exactly what he was attempting to do?
