If we vote for Brexit what happens

setmefree2

Overseas shoppers bolster UK’s e-commerce market

Last month 27 per cent of products ordered via safe shopping online from sites operating in the UK were delivered to addresses in other nations, according to figures from IMRG.
This is the highest impact made by international consumers on the domestic e-commerce market in half a decade. And the Brexit vote, which resulted in the value of the pound tumbling against other currencies, is being strongly implicated as the reason for this rise.

http://www.shopsafe.co.uk/news/overseas-shoppers-bolster-uks-ecommerce-market/11651

wotsthat

AIUI being in the customs union means the UK can't negotiate a trade deal with a third country. Not sure if that means we just can't sign a deal or whether we're actually barred from entering formal negotiations.

As the government are still negotiating this between themselves in public it's fairly obvious the plan is still being worked on.

Did project fear suggest a decade of uncertainty?

setmefree2

one of the biggest opportunities provided by Brexit is the elimination of protectionism and subsidies in agriculture and fisheries. If we do this, our UK-EU FTA must take into account the effect of agricultural distortions in Europe and craft a mechanism to deal with them. Doing something like this would open up a host of developing countries for negotiations. The benefits to poor farmers around the globe and the world’s rural poor would be transformational. If we can end tariff escalation which keeps developing country farmers selling raw materials (such as cocoa) while developed countries pocket the gains of the processed product (such as chocolate), and allow these poorer farmers to rise up the value chain, that would significantly benefit these previously disadvantaged groups. Development NGOs would embrace such an approach as doing more to help these countries than any amount of classical aid.

http://www.cityam.com/246440/britain-can-boldly-seize-new-opportunities-created-brexit

setmefree2

It's Earnings Season - a round up.

The Brexit reckoning: UK plc reports

http://www.ft.com/cms/s/0/c8d44cbc-54e5-11e6-befd-2fc0c26b3c60.html#axzz4FnxEtQSe

setmefree2

Alexander Downer, the Australian high commissioner to the UK, has stated that Britain's recent vote to leave the European Union should make Tier 2 immigration to the UK easier for Australians. According to Downer, Brexit 'represents an opportunity to renegotiate Tier 2 visa arrangements with the UK that would enable more Aussies to live and work there.'
Downer has been especially vocal over Tier 2 work visa restrictions imposed on Australian nationals, labelling UK immigration policy as 'discriminatory.' Downer has vowed to negotiate a better deal for Australians seeking a move to the UK

http://www.workpermit.com/news/2016-07-29/tier-2-immigration-to-uk-could-be-easier-for-australians-following-brexit

setmefree2

London's tourism bonanza after Brexit vote

London is enjoying a remarkable “Brexit boom” in tourism as visitors flock to the capital in record numbers to take advantage of the pound’s fall in value.
The sudden 13 per cent currency depreciation triggered by the Leave vote left sterling at its lowest level against the dollar for more than 30 years at one stage — turning the capital into a “bargain destination” for millions of travellers, according to tourism chiefs.
Hotels, airlines and attractions all reported a dramatic spike for London bookings in July, with British “staycation” visitors put off travelling abroad by the increased cost of holidays on the Continent also contributing to the surge.

Tourism Alliance chairman Bernard Donoghue said initial research by his organisation suggested there are 18 per cent more foreign visitors and 11 per cent more British tourists this July compared with the same month last year.
Online accommodation service Airbnb said it saw a 24 per cent uplift in London visits in the month after the June 23 referendum compared with the month before, as guests from 164 countries booked to stay at homes in the capital.
Europe’s biggest flight booking website Opodo said travel from the Continent to London was up by 42 per cent in the four weeks after the referendum, with the biggest increases seen in travellers from Denmark, Latvia, Estonia and Norway.
Major West End stores are also cashing in, with trading at Fortnum & Mason in the past fortnight running at 20 per cent above the same period last year.
Chief executive Ewan Venters said Chinese, US and European visitors were spending more than last year in the Piccadilly store as they found their spending money is going further.
He said: “Every hour or so I’m being told by my team of another customer spending £2,000 or £3,000."
Philip Guarino, Europe director at consultant China Luxury Advisors, said: “There has been a significant jump in demand for travel to the UK reported by leading Chinese tour operators, with some I’ve heard about completely selling all availability.”

http://www.standard.co.uk/news/uk/londons-tourism-bonanza-after-brexit-vote-a3307491.html

setmefree2

U.K. Mortgage Approvals Fall to 13-Month Low on Brexit Jitters

http://www.bloomberg.com/news/articles/2016-07-29/u-k-mortgage-approvals-fall-to-13-month-low-on-brexit-jitters

Crashy_Time

ukcarper wrote: »

I think prices might fall but I don't think prices will fall anywhere nears as much as you do. I'm sure in the past when you have predicted a crash you though you had good evidence but they didn't crash.

What I predicted, or more accurately the predictions I believe, are that the present financial system is unstable and liable to massive volatility, that makes carrying large property debt risky IMO.

Crashy_Time

http://www.bbc.co.uk/news/business-36922496

ukcarper

Crashy_Time wrote: »

What I predicted, or more accurately the predictions I believe, are that the present financial system is unstable and liable to massive volatility, that makes carrying large property debt risky IMO.

Keep on kidding yourself you been calling a crash for years are prices are much higher than when you started prices could fall but I very much doubt they will fall to the level they were when you started to say prices were overpriced.