If we vote for Brexit what happens

wotsthat

mayonnaise wrote: »

Is Nigel Farage also feigning faux dismay?

The dynamics of the referendum are much more interesting than general elections because they make for some interesting bedfellows.

Farage and Johnson?

Or the three amigos Cameron, Corbyn and Sturgeon?

Makes me laugh how they agree on one item but can't resist undermining each other even though it might be to the detriment of their campaign.

I think Johnson's comments were ill-advised but Farage has some brass neck - I bet his opinions on the Obama intervention were somewhat more fruity.

setmefree2

Pound jumps to 10-week high as Brexit fears ease

http://www.marketwatch.com/story/pound-jumps-to-10-week-high-as-brexit-fears-ease-2016-04-26-6103015

Obama’s intervention sees Boris’ Brexit bashed by bettors

William Hill spokesperson Graham Sharpe said: “The betting market was reflecting the opinion polls by and large, until Mr Obama intervened, since when it has been one-way traffic with an overwhelming swing towards Remain. Astonishingly enough, 84% of the stake money we have taken – but only 37% of the individual bets – have been for Remain.”
Head of Political Betting at Ladbrokes Matthew Shaddick told the International Business Times UK: “The odds for remain have fallen drastically in the last three or four days, at least some of that you can put down to Obama. There have been an awful lot of people place quite a lot of money on ‘remain’ since last week.”

Read more: http://www.sbcnews.co.uk/europe/2016/04/26/obamas-intervention-sees-boris-brexit-bashed-bettors/#ixzz46vcVGxAF

setmefree2

Cable soars as Brexit recedes - But are UK voters lying to pollsters?

Cable continued its torrid run in early London trade today as it raced past the 1.4550 level and put the 1.4600 squarely in view as chances of Brexit continued to evaporate.

Sterling is now up more than 500 pips since the start of the month as polls continue to show that Remain vote continues to lead. Bookies are now projecting chances of Brexit at only 20% or less and there was speculation today that many hedge funds have started to close out their cable shorts capitulating on their earlier bets on Brexit.

http://www.fxstreet.com/analysis/daily-market-recaps/2016/04/26/

setmefree2

Sterling surges higher on latest Brexit poll

The Pound is appreciating this morning after the remain camp for the EU referendum received another boost with the latest poll from the Telegraph showing 51% support for their side. The GBPUSD has built on recent gains to trade the highest level for the pair in over two months, as the balance of news flows of late seem to be offering more reasons to cheer for the status quo. Stocks are also higher on the day, with the FTSE 100 looking to break a run of three consecutive lower closes which represents the worst sequence for bulls in over ten weeks

http://www.fxstreet.com/analysis/daily-market-talk/2016/04/26/

EDIT - Poll taken before Obama speech

Generali

setmefree2 wrote: »

http://www.fxstreet.com/analysis/daily-market-recaps/2016/04/26/

Bond yields on Gilts are still up a fair bit which are a much better proxy for credit risk than FX rates which are a pretty indirect measure.

Generally I'd be pretty careful of using asset prices as a proxy for other events as they are not a vote on the risks of Remainia or Brexit.

Rinoa

More interference from the EU as they plan to sue us for charging fees to both UK and EU trucks using our roads.

http://www.dailymail.co.uk/news/article-3559086/Just-weeks-Brexit-vote-European-Commission-announces-plans-sue-Britain-unfair-road-tolls-foreign-trucks.html?ITO=1490&ns_mchannel=rss&ns_campaign=1490

For more of the same, just vote remain.

Generali

Rinoa wrote: »

More interference from the EU as they plan to sue us for charging fees to both UK and EU trucks using our roads.

http://www.dailymail.co.uk/news/article-3559086/Just-weeks-Brexit-vote-European-Commission-announces-plans-sue-Britain-unfair-road-tolls-foreign-trucks.html?ITO=1490&ns_mchannel=rss&ns_campaign=1490

For more of the same, just vote remain.

If the UK had broken WTO trade rules there would also be a case and a ruling and a sanction against the UK. This isn't due to being in the EU, this is how free trade is done.

The UK Government is trying, in the opinion of others, to subsidise UK truckers illegally.

Boeing got a bunch of tax breaks, harming companies that operate in the UK and across the EU. What happened?

http://trade.ec.europa.eu/doclib/press/index.cfm?id=784

The EU went to the WTO to complain about illegal state subsidies. What's the only difference?

Oh yeah, it's much harder to bring a case about illegal subsidy to justice outside the EU

http://www.reuters.com/article/us-eu-usa-boeing-idUSKBN0JX1T120141219

One of the strengths of the EU is that there are formal, strong means of restoration in cases like this. Yes, that means everyone has given up a bit of sovereignty by definition. They have given up that bit of sovereignty to try to make supranational disputes easier to resolve. The EU hasn't taken that sovereignty away, all of it was freely given up by democratically elected Governments across Europe.

michaels

If the UK decide to go from charging per year for UK vehicles only to charging per day for all goods vehicles how is this unfairly impacting vehicles from other countries?

Rinoa

Generali wrote: »

If the UK had broken WTO trade rules there would also be a case and a ruling and a sanction against the UK. This isn't due to being in the EU, this is how free trade is done.

The UK Government is trying, in the opinion of others, to subsidise UK truckers illegally.

Boeing got a bunch of tax breaks, harming companies that operate in the UK and across the EU. What happened?

http://trade.ec.europa.eu/doclib/press/index.cfm?id=784

The EU went to the WTO to complain about illegal state subsidies. What's the only difference?

Oh yeah, it's much harder to bring a case about illegal subsidy to justice outside the EU

http://www.reuters.com/article/us-eu-usa-boeing-idUSKBN0JX1T120141219

One of the strengths of the EU is that there are formal, strong means of restoration in cases like this. Yes, that means everyone has given up a bit of sovereignty by definition. They have given up that bit of sovereignty to try to make supranational disputes easier to resolve. The EU hasn't taken that sovereignty away, all of it was freely given up by democratically elected Governments across Europe.

You could have a successful career as an EU bureaucrat.

Lots of stuff about the wonderful ways of the EU but zero comment on the unfairness caused to UK haulage companies by the previous system.

bugslet

michaels wrote: »

If the UK decide to go from charging per year for UK vehicles only to charging per day for all goods vehicles how is this unfairly impacting vehicles from other countries?

AIUI, the complaint is that to make the process revenue neutral to UK hauliers, they dropped the VED by a certain amount shortly before the charge for foreign vehicles began.

It's down to the government to bring in another method of charging that is compatible with EU law. As I've mentioned, I pay a lot for Italy, germany, Belgium, Austria, France, Denmark etc, but foreign vehicles don't pay for the use of UK roads.