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If we vote for Brexit what happens

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Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    BobQ wrote: »
    People will only start another thread.

    Still the most popular thread on this HP&E section.

    Once there's something tangible to discuss.

    In the intervening 2 year period. Plenty of other issues are likely to come to the fore first. The UK may have flourished for a while. But one feels that the wind is changing direction.
  • Sapphire
    Sapphire Posts: 4,269 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Debt-free and Proud!
    Thrugelmir wrote: »
    The UK may have flourished for a while. But one feels that the wind is changing direction.

    Eh? What was that? :D
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    edited 11 March 2017 at 11:12AM
    Thrugelmir wrote: »
    Thread can now be closed.

    A bit premature, don't you think? :)

    Firstly Article 50 hasn't been triggered and secondly there will be all the leaks to discuss over the next 2 years (about negotiations).
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    EU Says It's Ready to Act on Brexit Letter Within 48 Hours
    European Union leaders said the bloc is ready for U.K. Prime Minister Theresa May to trigger Brexit at any time and will respond within two days to the British government’s letter giving formal notice of the divorce.
    “We are well prepared for the whole procedure and I have no doubt we’ll be ready in 48 hours,” EU President Donald Tusk told a news conference after a summit meeting in Brussels Friday. “All of us, member states and the European Council as a political body, we trust our chief negotiators.”
    May is waiting for the two chambers of the U.K. Parliament to agree on the wording of a draft law authorizing her to invoke Article 50 of the EU’s Lisbon Treaty, the formal trigger for two years of negotiations on Britain’s withdrawal terms. Her spokesman, James Slack, told reporters in London Friday she’s still on track to give notice by the end of March.
    The remaining 27 EU states will hold a special summit on April 6 if the letter arrives in Brussels next week, German Chancellor Angela Merkel told reporters in Brussels. Otherwise, the summit will be held later in the month or early May.
    Leaders will be asked to agree unanimously on the guidelines for the negotiation. That would allow the European Commission, the EU’s executive arm, to add more detail to the mandate before negotiations between the U.K. and the EU can formally get under way.
    May’s letter is expected to set out the broad outlines of how she envisages the U.K.’s exit, including the rights of EU citizens in the U.K. and potential future contributions to the EU budget, as well as the two sides’ future relationship.

    Whether those two aspects can be negotiated at the same time will be one of the first elements the parties must agree on. Most of the EU wants withdrawal terms to be settled first before moving onto the future trade arrangement while the U.K. is pushing for talks to happen in parallel.

    https://www.bloomberg.com/politics/articles/2017-03-10/eu-ready-to-react-to-brexit-letter-within-48-hours-tusk-says
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    Re Monday's vote
    Domestic Critics
    The premier must first deal with her domestic critics. With a narrow majority of 17, her government is vulnerable to defeat in the House of Commons if as few as nine Tories rebel.

    “The government is under serious pressure from its own benches to make a concession,” said James McGrory, co-executive director of the Open Britain campaign against a so-called hard Brexit. “That pressure could intensify over the weekend.”

    The prime minister is already battling a revolt from Tories over her plan to increase taxes on the self-employed. That violation of a 2015 campaign pledge triggered a backlash that could embolden more Tory opposition on Brexit. Anna Soubry, another former minister, said the tax criticism showed Britain was “barmy,” arguing that the Conservatives’ real betrayal of the public was to break an election promise to keep the U.K. in the EU single market.
    Ping-Pong
    If May gets her way and the Commons votes to overturn the amendments on Monday, the bill will be sent back to the Lords to reconsider. The upper house could then choose to reinstate the amendments and send the bill back to the Commons again. This is the process known as “ping pong.”

    The government has set aside time on three days next week for the “ping-pong” stage, although May’s team is confident she’ll get her law past Parliament without any amendments in time for her to meet her deadline.

    The prime minister says the tweaks to the 137-word bill are unnecessary and would deprive her of maximum flexibility in the Brexit talks.

    "European partners have made clear to me that they want to get on with the negotiations," May said on Thursday. "So do I. It is time to get on with leaving the European Union."
    “Parliament must be involved and I want the government to give an assurance about Parliament’s role if there is no deal,” Burt said in a telephone interview on Friday. “If they can’t, it may not be possible to get in the way of the Lords’ amendment.”
    Among other senior Tories pressing May over Parliament’s role shaping Brexit is former cabinet minister Nicky Morgan. She said by phone she hadn’t decided whether to oppose May and keep the Lords’ amendment and was "waiting to hear how the government deals with how Parliament has a say if no deal is agreed."
    While a smooth process in Parliament could in theory let May notify Brussels of her intention as soon as Tuesday, she could still delay. Her room for maneuver is potentially limited by Dutch elections on March 15, a conference of the Scottish National Party March 17-18 and a celebration in Rome of the EU’s founding treaty on March 25.
    https://www.bloombergquint.com/onweb/2017/03/11/u-k-s-may-battles-party-rebels-for-power-to-trigger-brexit
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    'best possible deal' Ex-M&S boss Lord Rose urges Brits to get ‘100 per cent behind the Government’ on Brexit

    Tory peer said while he voted to Remain, Parliament should give Government the flexibility it wants to negotiate best deal for the country

    https://www.thesun.co.uk/news/3064828/ex-ms-boss-lord-rose-urges-brits-to-get-100-per-cent-behind-the-government-on-brexit/
  • CKhalvashi
    CKhalvashi Posts: 12,134 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    setmefree2 wrote: »

    Is this the same government a court has already overruled twice in relation to the specific issue?

    I'm not behind a government that wants to act unlawfully and has been proven to throw its weight around when it doesn't have the power to, sorry.
    💙💛 💔
  • CKhalvashi wrote: »
    Is this the same government a court has already overruled twice in relation to the specific issue?

    I'm not behind a government that wants to act unlawfully and has been proven to throw its weight around when it doesn't have the power to, sorry.
    From that statement it looks like you really do need a better understanding of the government and it's relationship with law and the judiciary system in the UK.
    Here's a starter for you:
    http://www.parliament.uk/education/about-your-parliament/how-laws-are-made/

    I think that by now we all know with some degree of certainty exactly what you are behind, don't we?
    And that is most certainly not the majority of the UK voting electorate, is it?

    As has been said before in this thread, all YOU want is evident in the "I'm alright Jack" attitude displayed so evidently by yourself and some other pro-remain protagonists within these forums.

    Fortunately for us, these forums are no more truly representative of real life than the content of the average popular tabloid.
    Which is why Article 50 will soon be invoked.

    By all means continue your tirade against the democratic wishes of the UK peoples as is your democratic right - but understand in return that it is OUR democratic right to disagree with you and to continue to prove you wrong.
    Which you are.
  • connor08
    connor08 Posts: 96 Forumite
    Tenth Anniversary 10 Posts Combo Breaker
    CLAPTON wrote: »
    I would say with absolute certainty that there will transition and negotiating period : probably 1 to 2 years

    and I would say with absolutely certainty we don't have a contingency plan as that would be impossible.



    hi


    I would like to know to worried about how it will effect my mortgage payments
    I don't want them going through the roof
  • LHW99
    LHW99 Posts: 5,284 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Perhaps this would put that in contect?
    http://blog.moneysavingexpert.com/2010/11/04/a-mortgage-warning-take-a-look-at-the-uk-interest-rates-history-since-1694/

    I can remember having to deal with a mortgage rate of around 15% in the late 80's, and we were in the EU at that time.
    Or if you prefer:
    http://www.bankofengland.co.uk/statistics/Documents/articles/2015/6jul.pdf
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