If we vote for Brexit what happens

Conrad

CKhalvashi wrote: »

maybe they'll help Britain when it's a developing country in 2019

Plenty of corporations have announced new UK investment (examples posted in this thread many times), the Germans are merging with the London Stock Exchange (to be HQ'd in London), MacDonald's moving European HQ out of EU into UK.


The Investors crystal ball of future investment returns - the FTSE 250 is riding high.


What do you know that they don't?

mayonnaise

setmefree2 wrote: »

I have also heard that a lot of Polish went home for Xmas and weren't intending to come back.

Can't blame them really.

Breaking your back picking Brussels sprouts for ever decreasing pay while your front door is being sprayed with racist graffiti is probably not appealing to anyone.

Anyway, looking on the bright side, we can now look forward to our own unemployed filling these positions, right?

Wrong.

UK businesses are already facing recruitment crisis as Polish workers head home

There is an apparently simple solution to this dilemma - hire more UK workers.

But that's not possible, Ms Dixon says. G’s land in Cambridgeshire is in an area of almost full employment. No one locally is going to give up their full-time job for a seasonal one.

Mr Hardman agrees. “We pick strawberries in Kent where almost no one is unemployed. How do I get those on social welfare from Hull to work down there? And where do I house them?”

http://www.independent.co.uk/news/business/news/brexit-latest-news-uk-businesses-recruitment-crisis-polish-workers-return-home-immigration-eu-a7596956.html

wotsthat

A_Medium_Size_Jock wrote: »

Brexit is and was about much more than immigration you know; here are just a few examples I posted today in another thread.
See, not a mention of migration.

It was only a few months ago you know? Who are you trying to kid?

Immigration was the number 1 issue of the referendum campaign.

All other issues were either very junior to immigration or now being used as post decision rationalisation.

A_Medium_Size_Jock

wotsthat wrote: »

It was only a few months ago you know? Who are you trying to kid?

Immigration was the number 1 issue of the referendum campaign.

All other issues were either very junior to immigration or now being used as post decision rationalisation.

That is quite possibly the biggest load of ... tosh .......... that I have seen on here yet regarding Brexit - and boy there has been some carp.

The biggest issue of the referendum campaign was most certainly NOT immigration.
It was an idiot called Cameron with loads of other cronies warning the British people that they faced hell and damnation if they voted to leave - and this after coming back from a "jolly" around the EU with a proverbial flea in his ear.
Ye gawds, even the at-the-time remain-biased BBC acknowledged that fact!
http://www.bbc.co.uk/news/uk-politics-eu-referendum-36574526

kabayiri

Conrad wrote: »

How do other nations manage to pick their fruit and cabbages that do not have FOM? Japan or Canada for example?

...

Enterprising companies will switch to machines. With a bit of spirit and application, we may even be able to sell these machines to other farming areas around the world.

Apples used to be inspected by people in the factory. Now, dozens of cameras in one of our biggest producers inspect every single apple from every possible angle.

The result is a better product.

I see machines as our future, not thousands of unhappy wet labourers developing back problems and overburdening the NHS.

kabayiri

wotsthat wrote: »

It was only a few months ago you know? Who are you trying to kid?

Immigration was the number 1 issue of the referendum campaign.

All other issues were either very junior to immigration or now being used as post decision rationalisation.

I think it was about sharing the spoils of immigration.

Two regions have had high levels of net migration in England : London and East of England.

The difference in the Brexit vote could not be more marked. London was predominantly Remain, and places like Boston mostly voted Leave.

Maybe the much higher infrastructure spend in London meant that it could cope more easily?

Without a mass building program and mass infrastructure development in Lincoln/Boston/etc you run the risk of creating local pressures no?

gfplux

Those who have said that the pound was overvalued before the Brexit vote and now is at its correct value might be confused by this report.

http://www.independent.co.uk/news/business/news/pound-sterling-is-the-most-undervalued-world-currency-and-will-rebound-to-pre-brexit-levels-a7597666.html

"The pound is the world’s most undervalued major currency and will rebound to its pre-referendum levels against the dollar before Brexit negotiations are concluded, analysts at have predicted.
In a research update published this week, Morgan Stanley’s leading currency strategist, Hans Redeker, said the pound is worth 15 per cent more than the $1.2544 it is currently trading at.
By the end of 2018, the bank predicts sterling will hit $1.45, a level it hasn’t reached since before last June’s shock result. "

A_Pict_In_A_Past_Life

gfplux wrote: »

Those who have said that the pound was overvalued before the Brexit vote and now is at its correct value might be confused by this report.

http://www.independent.co.uk/news/business/news/pound-sterling-is-the-most-undervalued-world-currency-and-will-rebound-to-pre-brexit-levels-a7597666.html

"The pound is the world’s most undervalued major currency and will rebound to its pre-referendum levels against the dollar before Brexit negotiations are concluded, analysts at have predicted.
In a research update published this week, Morgan Stanley’s leading currency strategist, Hans Redeker, said the pound is worth 15 per cent more than the $1.2544 it is currently trading at.
By the end of 2018, the bank predicts sterling will hit $1.45, a level it hasn’t reached since before last June’s shock result. "

I see that some say it's not possible that a currency can be under- or over-valued.
So which is it?

davomcdave wrote: »

If a currency like the Pound floats freely in conditions of free movement of capital then it's hard to see how it can be under- or over-valued. It's just valued.

The linked poster says he has "millions of people every day that support my idea that the pound is correctly valued and what is more, rather than your experts my guys put their money where their mouths are and actually buy and sell pounds."
So who is right?
This anonymous internet poster ................ or Morgan Stanley, Deutsche bank, the IMF, and the other "experts"?

CKhalvashi

Tromking wrote: »

You reside in no ordinary country CK, you need to acknowledge that. Brits care about the freedom of the individual to go about their business without hindrance from the State.

So, I'm assuming you never carry a driving license with you, and would produce that as ID if asked?

If you personally don't, probably 80% of the country does. Does it not serve the same purpose as an ID card would?

I don't see how it's any different.

Thrugelmir

gfplux wrote: »

Those who have said that the pound was overvalued before the Brexit vote and now is at its correct value might be confused by this report.

Hardly. As there's rather a large caveat. " a material downturn in economic data in an environment of a much stronger US economy could push GBPUSD lower". US interest rates are on the way up. Many possible scenarios lie ahead.