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If we vote for Brexit what happens

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Comments

  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    Business investment helps UK growth stay firm after Brexit vote

    British companies' investment continued to grow after the EU referendum, while solid trade performance also bolstered GDP.
    The second estimate of third quarter GDP found that business investment expanded at a better-than-expected 0.9%.


    There was also a robust performance for trade, with exports buoyed by a weak pound, making goods cheaper for foreign buyers and imports more expensive for UK firms.
    Trade made its biggest contribution to UK quarterly growth since the start of 2014.


    http://news.sky.com/story/business-investment-helps-uk-growth-stay-firm-after-brexit-vote-10671206
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    edited 27 November 2016 at 2:21PM
    I am getting the feeling that although there are many feel good story's about the present state of Britain (well done Britain) there are a growing number of posts dissecting criticising and discussing the EU.
    Is there a mounting feeling that Britain will not leave and that Brexiteers need to step up the criticism of EU in readiness of a 2nd referendum?
    Is there any other reason that posters are focusing their thoughts over the Channel. Surely they should be focused on a speedy departure from the EU and getting that process started at the end of March 2017 and not allowing any slippage in the time frame.
    There will be no Brexit dividend for Britain.
  • gfplux wrote: »
    I am getting the feeling that although there are many feel good story's about the present state of Britain (well done Britain) there are a growing number of posts dissecting criticising and discussing the EU.
    Is there a mounting feeling that Britain will not leave and that Brexiteers need to step up the criticism of EU in readiness of a 2nd referendum?
    Is there any other reason that posters are focusing their thoughts over the Channel. Surely they should be focused on a speedy departure from the EU and getting that process started at the end of March 2017 and not allowing any slippage in the time frame.
    I'm sure that many of us have noted this change in tack from you; the attempt to suggest that somehow there is a mounting suspicion that Article 50 will be delayed or - worse - never actually given.
    In a word - bull pooh!
    Kindly cease these silly and unfounded suggestions.
    Not only do they have no grounding in fact, but you are being about as subtle as a brick to the back of the head.
    Stick instead to your new thread - rely on the responses from the likes of Hamish whose previous forecasts have been so accurate (not).

    Also, how do you get that "posters are focusing their thoughts over the Channel"?
    As (still) members of the EU it is quite natural that these matters are discussed as they STILL effect the UK.
    Indeed will continue to affect the UK even after we have left the EU.
    If you care to look through past threads you will see that EU matters have been discussed since the inception of these forums AND very often in a critical tone.
    Suggesting otherwise is disingenuous.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    gfplux wrote: »

    "DESK STUDIES" now that made me laugh out loud.

    Plenty of cables and pipes already exist. ;)
  • Mistral001
    Mistral001 Posts: 5,432 Forumite
    Part of the Furniture 1,000 Posts Name Dropper I've been Money Tipped!
    edited 27 November 2016 at 11:16PM
    Will there actually be any negotiations of any substance? It would seem that the EU nations will not agree to the UK joining the Free Trade Area when it leaves nor the Customs Union either if we are not willing to accept free movement of people. If that is the situation come March, then it would appear that all that has to be negotiated with the EU is a trade agreement between the EU and the UK.

    Negotiating trade deals with the EU could take a while and take longer than this two year deadline that is often mentioned which I believe is in the EU treaties. On the other hand if no trade deal is done at the end of this time, the remaining 28 EU countries could just impose tariffs on goods from the UK at their airports, ports. The UK would obviously have to respond and imposed similar tariffs on imports from the EU. It could happen the other way about where the UK will just imposed their on tariffs and let the EU respond. Either way, it all could happen fairly quickly as far as I can see if there is no agreement.
  • buglawton
    buglawton Posts: 9,246 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Conrad wrote: »
    Business investment helps UK growth stay firm after Brexit vote

    British companies' investment continued to grow after the EU referendum, while solid trade performance also bolstered GDP.
    The second estimate of third quarter GDP found that business investment expanded at a better-than-expected 0.9%.

    There was also a robust performance for trade, with exports buoyed by a weak pound, making goods cheaper for foreign buyers and imports more expensive for UK firms.
    Trade made its biggest contribution to UK quarterly growth since the start of 2014.
    http://news.sky.com/story/business-investment-helps-uk-growth-stay-firm-after-brexit-vote-10671206

    As also reported on BBC and FT Weekend edition.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Conrad wrote: »
    Business investment helps UK growth stay firm after Brexit vote

    British companies' investment continued to grow after the EU referendum, while solid trade performance also bolstered GDP.
    The second estimate of third quarter GDP found that business investment expanded at a better-than-expected 0.9%.


    There was also a robust performance for trade, with exports buoyed by a weak pound, making goods cheaper for foreign buyers and imports more expensive for UK firms.
    Trade made its biggest contribution to UK quarterly growth since the start of 2014.


    http://news.sky.com/story/business-investment-helps-uk-growth-stay-firm-after-brexit-vote-10671206

    I'm sure you'd have something to say if the vote went the other way and I 'proved' staying in the EU was great because the sky hadn't fallen in 5 months after the vote.

    At this stage we can do nothing more than confirm our biases.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    wotsthat wrote: »
    I'm sure you'd have something to say if the vote went the other way and I 'proved' staying in the EU was great because the sky hadn't fallen in 5 months after the vote.

    At this stage we can do nothing more than confirm our biases.

    the great and good, IMF, CBI, Treasury etc etc all made very specific forecasts
    one can reasonable conclude that
    a. they aren't very good at forecasting so we can discount the latest OBR / IFS stuff
    b. the simply lied on behalf of their convictions : again we can discount their forecasts in the future even if we support their end goals.


    either way it seems that all [people can discount the forecasts as being meaningful except as propaganda for the cause.
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    edited 28 November 2016 at 1:02PM
    wotsthat wrote: »

    At this stage we can do nothing more than confirm our biases.



    Wrong.


    We have a choice;


    1) Attend to the actual evidence of dozens of corporations choosing to invest significantly, post-brexit, not to mention the economy having highest growth in the G20


    2) Ignore this real world evidence in favour of crystal ball gazing
  • Herzlos
    Herzlos Posts: 15,964 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Conrad wrote: »
    1) Attend to the actual evidence of dozens of corporations choosing to invest significantly, post-brexit, not to mention the economy having highest growth in the G20

    Name some where Brexit has had a positive impact on their decision.
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