If we vote for Brexit what happens

StevieJ

mayonnaise wrote: »

https://www.channel4.com/news/grimsby-where-70-voted-brexit

1.55 in : "Why should we be wuled by someone in Bwussels when we fought 2 wars to be free. "

'It will !!!!!! my pension up'

Wouldn't that be ironic?
Inflation kicks in.
Wage inflation takes hold (as foreign workers excluded from job market).
Final salary pensions lose value as wages and inflation far outstrip their annual increases.
House price wage multiples fall

Oh the irony The Young Remainers gain and Oldie Brexiteers lose.

Conrad

mayonnaise wrote: »

https://www.channel4.com/news/grimsby-where-70-voted-brexit

1.55 in : "Why should we be wuled by someone in Bwussels when we fought 2 wars to be free. "

As that piece began I knew exactly what CH4 would do - they are the ultimate remainer crew and always seek out the thickest Brexiteers. Another example of Fake News (manipulated halve reporting)




And right now on LBC since O'Brien's shift started, one dopey ignorant Remainer after another, it makes my teeth itch. In the prior 3 hours LBC could barely find any negative sentiment from callers / texters etc. They kept mentioning this.


As soon as fake news liberal O'Brien is on, out they crawl


I take it you missed BBC News last night meeting with Remain voting business people in the Midlands that were now really positive about the future?


I take it you missed the CEO of The Manufacturing Technology Association on LBC at 9.35am saying though 90% of his members voted Remain, he is astounded at the turnaround as now as far as he can tell all are very positive about the future and this is based on 'surprising' opportunities opening up?

Conrad

StevieJ wrote: »

Wouldn't that be ironic?
Inflation kicks in.
Wage inflation takes hold (as foreign workers excluded from job market).
Final salary pensions lose value as wages and inflation far outstrip their annual increases.
House price wage multiples fall

Oh the irony The Young Remainers gain and Oldie Brexiteers lose.

And factory confidence at 22 year high? What does this mean for workers, wages and UK plc?


FTSE250 and 100 at sustained record highs, what does this mean for the value of ISA's and Pensions?


What would have happened to us had we carried on with mass imports, chucking money out the door and increasing the trade deficit - who would that help?


Inflation is still historically low. Were you all foaming about prices and pension income when inflation in the last 15 years when it was higher?




Stretchhhhh that brain steve

setmefree2

Tusk Said to Limit Barnier Talks to Brexit Divorce Not Trade

• Tusk to release draft guidelines for Barnier by end of Friday
• Limiting scope of talks will disappoint British hopes

European Council President Donald Tusk’s guidelines for Brexit chief Michel Barnier will probably limit the scope of the upcoming talks to the terms of the divorce and not include a future trade relationship with the U.K, three people familiar with the matter said.

Tusk is set to publish draft guidelines for Barnier by the end of this week after U.K. Prime Minister Theresa May formally requests the split on Wednesday. His current stance would be a blow to the U.K. which wants to discuss the breakup and future ties in tandem to preserve bargaining power and support at home. The people asked not to be named as plans haven’t been finalized yet.

Tusk’s guidelines will be sent to the 27 remaining members of the EU for discussion and ratified at a summit of leaders on April 29 in Brussels, after which they will set the framework for the negotiations. He will speak to reporters at 1:45 p.m. in Brussels on Wednesday.

One of the people said the EU’s priority will be to minimize the uncertainty for EU citizens and businesses by seeking an orderly split.

The risk of EU officials adopting a hard line might explain why May struck a conciliatory tone on Tuesday by saying she hoped the next two years of talks would “secure a new deep and special partnership” between the two sides.
Other topics Tusk will ask Barnier to negotiate include the rights of citizens throughout the bloc and the future of regulators such as the European Medicines Agency, Bloomberg reported on Monday, citing a person familiar with the matter.

https://www.bloomberg.com/politics/articles/2017-03-28/tusk-said-to-limit-barnier-talks-to-brexit-divorce-not-trade

setmefree2

First EU response to article 50 takes tough line on transitional deal

Exclusive: Leaked European parliament resolution puts three-year limit on transition arrangement and says no to free trade agreement in next two years

Britain will not be given a free trade deal by the EU in the next two years, and a transition arrangement to cushion the UK’s exit after 2019 can last no longer than three years, a European parliament resolution has vowed, in the first official response by the EU institutions to the triggering of article 50 by Theresa May.

A leaked copy of the resolution, on which the EU’s chief Brexit negotiator, Michel Barnier, has been a close conspirator, lays bare the tough path ahead for Britain as the historic process of withdrawing from the trade bloc begins.

Across 11 pages of clauses, May is warned that the EU will stridently protect its political, financial and social interests, and that the position for the UK even during the transition period will not be as positive as it is today.

A withdrawal agreement, covering financial liabilities, citizens’ rights and the border in Ireland, will need to be accepted by a qualified majority of 72% of the EU’s remaining 27 member states, representing 65% of the population. The agreement would then need to be approved by the European parliament, voting by a simple majority.

Barnier has said that any free trade deal, to be struck after the UK leaves, would be a “mixed agreement” requiring ratification by the national parliaments of the 27 states, plus consent by the European parliament.

Sir Tim Barrow, the UK’s permanent representative to the EU, will deliver a letter to the European council president, Donald Tusk, at 12.30pm notifying the EU of Britain’s intention to leave, as May stands up in the House of Commons to make a statement to MPs.

It is understood that Tusk will then make a statement announcing that the EU will come together to adopt “overall positions and principles in light of which the union, represented by the European commission, will negotiate with the United Kingdom”. He is expected to say: “In these negotiations the union will act as one.”

Tusk is expected to add that “should the negotiations fail, we will make sure that the European Union is ready for such an outcome even though we do not desire it”.

https://www.theguardian.com/politics/2017/mar/29/first-eu-response-to-article-50-takes-tough-line-on-transitional-deal

setmefree2

Civil servant in charge of post-Brexit trade deals divides time between London and New York

Antonia Romeo, permanent secretary at the Department for International Trade, has secured a deal that will divide her time between Whitehall and her family home for the next three months. As well as running the new ministry, she will continue in her role as Britain’s consul-general in New York until July, when her two sons and daughter finish their school year.

Officials say she is uniquely well-placed to chase a free trade agreement with the US

rs Romeo, 42, said she was “thrilled” to be taking charge of DIT, which was created by Theresa May to open up markets outside the EU. “It’s a hugely interesting time to start at the department as we make Britain the strongest advocate for free trade across the world, while we forge a new relationship with Europe,” she said. She has already come up with a “100-day plan” and yesterday interviewed candidates for the roles of chief negotiator and chief operating officer. This week, she aims to meet most of her team, including holding video conferences with DIT staff around the world. International Trade Secretary Liam Fox was keen for his star signing to “get her feet under the table” , rather than appoint a stand-in until Mrs Romeo’s family relocate to London in July.

A Whitehall source said: “Antonia is incredibly able, clever and a 24/7 workaholic. She is exactly the positive and optimistic leader that the civil service needs post-Brexit.”

http://www.standard.co.uk/news/politics/civil-servant-in-charge-of-postbrexit-trade-deals-divides-time-between-london-and-new-york-a3500986.html

Conrad

Setmefree, with so many Remainers constantly batting for the EU by stating we 'must be realistic and accept the weakness of our negotiating position' (Soubrey said it last night on Newsnight, Justin King the same this morning), I think this merely emboldens the EU.


Furthermore Remainers keep stating we cannot walk away on WTO and that Mrs May knows this.


Imagine Clegg whispering in their ears that they must dig their heals in, that the UK is going to capitulate.

It's starting to look like we really should just walk away - I think only then will the EU suddenly come up with a deal.

setmefree2

More leaks - proving they are clearly not unite in their position.

Germany wants the UK’s exit negotiations rushed through in 15 months rather than up to two years, according to a leaked German government paper.
However, the document also suggests that a detailed trade deal could take up to 10 years to complete.

She emphasised a new “co-operation agreement” between the EU and Britain should be completed after the withdrawal negotiations and also warned against trade barriers. The leaked German government paper showed that Ms Merkel has formed a “United Kingdom task force” inside her foreign ministry to handle Brexit negotiations and stand firm on her own red lines.
The document, seen by the Bild news- paper, says Germany — the EU econo- mic powerhouse and the biggest payer into its coffers — will reject “all forms of individual agreements as this could lead to a split in the 27 EU states”.
It wants the 24-month timeframe allotted to the talks on Britain’s terms for leaving to be cut to 15 months “due to the necessary involvement of the European Parliament and of the forthcoming EP election campaign”.

But she recognises that “future relations” with the UK could take far longer to crystallise and believes that the European Commission could be correct in predicting talks on these matters could take up to 10 years

http://www.standard.co.uk/news/politics/germany-toughens-stance-amid-warning-uk-has-most-to-lose-from-brexit-a3501891.html

10 years! I think we will have signed many more FTAs by then.

setmefree2

Conrad wrote: »

Setmefree, with so many Remainers constantly batting for the EU by stating we 'must be realistic and accept the weakness of our negotiating position' (Soubrey said it last night on Newsnight, Justin King the same this morning), I think this merely emboldens the EU.


Furthermore Remainers keep stating we cannot walk away on WTO and that Mrs May knows this.


Imagine Clegg whispering in their ears that they must dig their heals in, that the UK is going to capitulate.

It's starting to look like we really should just walk away - I think only then will the EU suddenly come up with a deal.

imho

The British Public are right behind May and the Brexiters - they have nothing to fear. Those threats from Germany etc - they just don't play that well with the British public.

I'm sure Liam Fox will have a load of FTAs to sign in 2 years time today. The EU will probably !!!! about with transitional arrangements, in the mean time British trade will re balancing seamlessly away from the EU. That's the EU's choice.

Arklight

I see the EC just torpedoed the LSE Deutsche Borse merger, strategically timed to coincide with May's Article 50 signing.

With the pound so weak, and shareholders expecting a payday, the LSE won't be able to fend off the NASDAQ now - leaving Germany in charge of its own trading platform while yet another iconic British company rolls over to the Americans.

Quite clever really,