If we vote for Brexit what happens

always_sunny

Thrugelmir wrote: »

Is it that simple though? French agriculture is geared to produce what the UK consumes and demands. Doesn't mean that someone in Latvia or Malta has the same requirement. Establishing supply and distribution chains isn't so easy either. Takes a long time. Writing off investment in the UK might not be palatable either.

What percent of French agriculture is exported to the UK that can only be consumed here?
There's the same rhetoric that only the UK can dictate the terms to a big market.
Is that really the case?

StevieJ

setmefree2 wrote: »

http://www.conservativehome.com/thecolumnists/2016/10/iain-duncan-smith-the-hardcore-remainers-cant-stop-brexit-so-now-theyre-trying-to-delay-it.html

So the Article 50 court case starts Thursday....it will be interesting. The Remainers last stand.

I remember when the Tories were the party of business, how things change

Then following last week’s Conservative conference we have the same old suspects such as the CBI (who, remember, warned us of Armageddon if we voted to leave,) now demanding that we stay in the Single Market even if that means staying under EU law and having uncontrolled borders. If we don’t do so, they opine, tens of thousands of jobs will be at risk. Sound familiar?

setmefree2

CLAPTON wrote: »

all stems from the segregration caused by educational inequality;
between those that go to the standard state sector and all those posh people like Chakribati and Thornberry and Abbott that choose other schools for their children

TrickyTree83 wrote: »

Love that Corbyn went to a grammar, his acolytes send their offspring to private schools and they preach about the state system.

Jog on Labour, jog on.

As time goes by and news keeps creeping out about Labour under Corbyn the more of a joke it becomes, its entertaining for those of us who don't support them, also worrying as there won't be a serious opposition but there's nothing we can do about that when RT and friends put them in power.

Corbyn's kids went to Grammar school too - he likes to make out his marriage broke down because of it - I think we can discount that since he's on his third marriage (to a woman 21 years his junior).

Conrad

always_sunny wrote: »

What percent of French agriculture is exported to the UK that can only be consumed here?

Lol, I just asked the owner of the Offy next(ish) to my office this very question.


He explained that there are French vineyards that are entirely geared to the British market. Trying to re-calibrate to say the 'growing' ex communist states would mean a massive hit, as wine is sold there at a fraction of the UK retail price.


He made a point I hadn't considered; He says a tariff only applies to the factory gate price and thus imported inflation he thinks wont be all that much. Not sure if this is correct.

Thrugelmir

gfplux wrote: »

Nothing to worry about.

Fuel prices at the pumps have reached their highest level for more than a year, according to official figures. The average price of unleaded petrol has hit 112.35p per litre, the most expensive it has been since August 2015. Diesel prices also rose to their highest point since last summer

That's BEFORE the slump in the pound feeds through.
At least the week pound is helping Britains exports.

What dregs are you going to come up with next from your Luxembourg lair. At least keep up with events. Brent crude is up 10% in the last month. With absolutely nothing to do with Brexit. :cool:

gfplux

Thrugelmir wrote: »

What dregs are you going to come up with next from your Luxembourg lair. At least keep up with events. Brent crude is up 10% in the last month. With absolutely nothing to do with Brexit. :cool:

That was the point. Prices were up at the pumps BEFORE currency changes have fed through.
Just read a little more slowly next time.

gfplux

https://www.theguardian.com/politics/2016/oct/11/norway-rejects-uk-request-for-joint-trade-taskforce-report-eea-eu

Nothing to worry about.

"Norway has turned down a request from Britain to set up a formal joint taskforce aimed at preparing a post-Brexit free trade deal between the two countries, Norwegian media have reported.

The business daily Dagens Næringsliv said the international trade minister, Liam Fox, asked Norway’s trade and industry minster, Monica Mæland, to form a bilateral trade working group at a meeting between the two ministers and their officials on 14 September.

The request was passed to the Norwegian foreign affairs ministry, which is coordinating Norway’s Brexit response, where it was rejected as likely to jeopardise Norway’s European Economic Area (EEA) agreement and “inappropriate” while Britain was still a full member of the EU, the paper said."

CLAPTON

wotsthat wrote: »

Seems creating businesses that become valuable assets is part of the British skill-set?

Maybe that higher consumption is for the long-term and you're wrong about your prediction of later suffering.

that is logically a possibility: although selling off our electricity / gas/ water /land/ building etc doesn't seem a repeatable long term economic model.

Only a few years ago our net international assets were positive (i.e. the value of overseas assets held by the UK minus Uk assets held by overseas : that is now no longer the case
I don't see this a postive thing for the future
Similarly the cash flow of dividends is now a negative : again I don't see this a positive thing.

The inevitable consequence of a long term deficit in the current trade a/c is long term decline in the value of the pound unless we find we a lot more businesses to sell.

gfplux

Nothing to worry about. There will not be a hard Brexit will there?

http://www.independent.co.uk/news/uk/politics/brexit-latest-hard-brexit-uk-economy-66bn-cost-leaving-eu-a7354996.html

"Britain will lose up to £66 billion a year if it pursues the so-called "hard Brexit" option of leaving the single market and EU customs union, the Treasury has warned."

Those damped "experts" again

setmefree2

gfplux wrote: »

Nothing to worry about. There will not be a hard Brexit will there?

http://www.independent.co.uk/news/uk/politics/brexit-latest-hard-brexit-uk-economy-66bn-cost-leaving-eu-a7354996.html

"Britain will lose up to £66 billion a year if it pursues the so-called "hard Brexit" option of leaving the single market and EU customs union, the Treasury has warned."

Those damped "experts" again

You're quoting a treasury report that said there would be immediate Armageddon on the 24th of June - they're wasn't.

Just saying.