If we vote for Brexit what happens

setmefree2

Spanish PM warns Brexit a 'serious threat' to economy

AFP


Madrid: Spain's Prime Minister Mariano Rajoy warned Tuesday that Britain's exit from the EU posed a severe threat to the country's recovering economy, and made a plea for cohesion in Europe.
His comments came as the British government said it would present draft legislation within days to begin the process of withdrawing from the EU, seven months after Britons voted for exiting the bloc in a referendum.
"Brexit is a serious threat," Rajoy told a Madrid gathering organised by conservative daily ABC.
"Without wanting to go into other considerations, I will only tell you that one in five tourists who come to Spain are British, and close to 17 million Britons visited Spain last year."
The Brexit-related fall of the value of the pound in recent months has caused concern that fewer Britons may travel, and has British retirees in Spain worried about their declining purchasing power.
Officially, over 300,000 Britons reside in Spain, but many do not bother to register, with estimates suggesting between 800,000 to a million live in the country.
"I will also tell you that the United Kingdom is the first destination for Spanish companies' investment and our third commercial partner," Rajoy said.
He added that post-Brexit, serious thought needed to be given to improving the EU so that it was "more cohesive, more effective in its decision-making and with better political ambition."
As such, he said the results of elections in France and Germany later this year -- where far-right, eurosceptic parties are on the rise -- would be "decisive".
"Spain... hopes that its two biggest partners will maintain their pro-EU vocation and their determination to push forward a project which despite all its imperfections is the best political initiative the world has seen in centuries -- the EU project."

http://www.thepeninsulaqatar.com/article/24/01/2017/Spanish-PM-warns-Brexit-a-serious-threat-to-economy

TrickyTree83

CLAPTON wrote: »

that's democracy for you : but they will have a fairer, more equal scotland and they will get a great deal from the EU

might you, dithering Nicola and blustering Alex don't seem to be rushing for a new Iscotland vote

I will have to disagree with you.

I cannot see how it will be fairer having less of a voice in the EU than they do at Westminster. I can't see how it will be more equal except perhaps for the flight of talent and capital I would expect due to taxation increases to cope and I don't think they would get a good deal from the EU either. They're a market of 5m with a deficit circa 9% of GDP. I don't think there is another country in the EU that has a history of being in such a situation.

gfplux

TrickyTree83 wrote: »

But being a net importer, even with a price increase (which we will be because people love to buy the big ticket status symbol items) will mean we're levying much more money than they are, which means we can use that to subsidise business in this country to offset the hit they will take. In the UK the only people who may lose out are those to have to purchase (the consumers) products from the EU. I doubt business will and I doubt export levels will either.

Just remember a tariff on BMW will mean a tariff on USA made BMW cars. Mr Trump will NOT like that.

Moby

Excellent article by Owen Smith:-
https://www.theguardian.com/commentisfree/2017/jan/24/remoaner-article-50-brexit-labour

I have reached the decision that whatever the impact on my career, however difficult it may be to swim against the Brexit tide, I cannot, in all conscience, stand by and wave through a course of action that I believe will make our people poorer and our politics meaner. I cannot vote to trigger article 50 on the wing and a prayer that Brexit will do as the prime minister says, and make Britain a fairer, more prosperous and equal society. Because I do not believe that is true.

Of course, I can’t know how Brexit is likely to play out, any more than Theresa May can. But my judgment tells me that the stirring and nostalgic vision she painted last week of a buccaneering Britain striking advantageous trade deals across the globe, while our longstanding competitiveness and productivity deficits are transformed at home, is a triumph of hope over experience, and party politics over the national interest.
Far more likely, in my view, is a protracted and painful withdrawal from the single market and customs union, alongside complex and contested negotiations to forge new free trade agreements and tariff schedules with not just the European Union, but also with all the states across the world with whom our current deals are derived via the EU. Perhaps all the bureaucracy, self-interest, high politics and low skulduggery that have characterised trade relations since time immemorial won’t apply to the UK this time, but I have my doubts.

We all heard the threat from May that she would pursue “an alternative economic model” if Brexit turned bad, and we all know what that means: a low-tax, low-wage, low-security economy, as dreamed of by generations of hard-right politicians. If that is even a remote possibility, then Labour has a duty to try and prevent it, in the interests of the people we represent. And the most democratic means to achieve that is to trust the people once more – all of them, including the 16- and 17-year-olds denied a say on their future – in a second, confirmatory referendum, once the reality of Brexit is revealed.

Not one person on these threads to my knowledge has commented on the alternative economic vision May plans should she not get a deal. She alluded to it in her car crash Marr interview but his challenges just led to evasion.

Matt_L

I stopped reading as soon as i saw the name Owen Smith....

Conrad

Moby wrote: »

Not one person on these threads to my knowledge has commented on the alternative economic vision May plans should she not get a deal.

WTO, and doing what it takes to keep us as competitive as possible, it's really quite simple


I'd be very happy with reduced corporation taxes - they certainly helped Ireland turn around an absolute mess of an economy very quickly


Lower corporate taxes = more investment, more jobs, more choice of jobs, more manufacturing, more income tax, more profits, profits to fuel everyone's pensions and ISAs etc

A_Medium_Size_Jock

Moby wrote: »

Not one person on these threads to my knowledge has commented on the alternative economic vision May plans should she not get a deal. She alluded to it in her car crash Marr interview but his challenges just led to evasion.

Nothing to comment on IMHO, she made her position very clear.
You are straw-clutching.

Now, do you intend trying to answer my questions for you as per post # 15960 and earlier?

gfplux

A_Medium_Size_Jock wrote: »

Regarding pre-Brexit trade talks:

Here is an article published this afternoon:
http://uk.reuters.com/article/uk-britain-eu-trade-idUKKBN15817A?il=0

See?
So, we can talk ...... we could maybe (just a thought) sign to say that a deal would take effect on whatever date, or do the deal & sign saying saying it will be ratified & signed on whatever date.
To circumvent EU rules.
Like the rest of the EU does.

Anyone who said that Britain could not hold talks about new trade deals has not understood anything.

Wether Britain and a n Other(s) can get the deal to the signing stage before Britain actually leaves is a more complex question.
I suspect it's a little like a jigsaw puzzle. Until Britain knows what the EU deal will be then new trade deal negotiations can only go so far.

Britain also has to worry about how much intellectual effort and time is being used up in the whole Brexit situation.
In addition the opportunity cost is wholly unknown and unquantifiable.

Conrad

A_Medium_Size_Jock wrote: »

Regarding pre-Brexit trade talks:

Here is an article published this afternoon:
http://uk.reuters.com/article/uk-britain-eu-trade-idUKKBN15817A?il=0

See?
So, we can talk ...... we could maybe (just a thought) sign to say that a deal would take effect on whatever date, or do the deal & sign saying saying it will be ratified & signed on whatever date.
To circumvent EU rules.
Like the rest of the EU does.

Y'up, just the kind of common sense landscape brexiteers expected. All will be well, no need for hysterics.

Moby

Matt_L wrote: »

I stopped reading as soon as i saw the name Owen Smith....

Typical closed mind!