If we vote for Brexit what happens

System

I've stopped reading the express, telegraph, daily mail and the guardian........for the same reasons lol

Kohoutek

Conrad wrote: »

Historically low inflation, rising employment numbers, a bigger rose in retail spending than expected. As we said all along, many economists are politically hamstrung quacks, nothing more

We're still in the EU.

You really don't get it, do you?

gfplux

I am pleased to hear positive news about the UK economy. As a remainder I believe that leaving the EU will ultimately damage Britain but if I am proved wrong then I can only be happy.
While many on here debate wether a certain economic data is good or bad it should mean that, that data is ambiguous and things are still ok.
We are in very early days post Brexit. Let us hope for the best........and of course prudently plan for the worst.

One stastistic no one will argue about is the "present" weakness of the pound against other international currency's making holidays MORE expensive. If you holiday in Britain for the present nothing has changed.

A_Medium_Size_Jock

Kohoutek wrote: »

We're still in the EU.

You really don't get it, do you?

Try telling that to those within these forums that are intent upon crying doom and gloom for every incident small to large, and then blaming those that voted to leave the EU.
It works both ways.

mwpt

A_Medium_Size_Jock wrote: »

Try telling that to those within these forums that are intent upon crying doom and gloom for every incident small to large, and then blaming those that voted to leave the EU.
It works both ways.

I feel the same way about those who voted for brexit crying doom and gloom for everything in the UK and blaming it all on the EU.

CLAPTON

gfplux wrote: »

I am pleased to hear positive news about the UK economy. As a remainder I believe that leaving the EU will ultimately damage Britain but if I am proved wrong then I can only be happy.
While many on here debate wether a certain economic data is good or bad it should mean that, that data is ambiguous and things are still ok.
We are in very early days post Brexit. Let us hope for the best........and of course prudently plan for the worst.

One stastistic no one will argue about is the "present" weakness of the pound against other international currency's making holidays MORE expensive. If you holiday in Britain for the present nothing has changed.

to believe that the current level of the pound is 'weak' one needs to know what it should be.
the UK has a HUGE current a/c deficit : all economic theory says that the pound is over priced.

Most people don't know the answer to what the 'right' rate is except of course for europhile bigots.
They think that selling off UK assets and the future profit/dividend stream and borrowing more and more to fund current consumption are some how 'good things that we can thank the EU for.

Conrad

Guardian has a full summary of post Brexit economy and have concluded a pretty benign scene, so guess what, the Bremoaners are now claiming nothing will happen until we actually Brexit and then it will be Armageddon. Utter tools

setmefree2

gfplux wrote: »

One stastistic no one will argue about is the "present" weakness of the pound against other international currency's making holidays MORE expensive.

Not necessarily - if you go for an all inclusive holiday the change in the pound will barely effect you.

setmefree2

UK financial sector targets Swiss-style deal for EU market access

The City of London has given up hope of universal access to the EU single market and is now seeking a bespoke deal for its different sectors to trade with Europe, with similar but stronger ties than Switzerland.
Teams across the City and Whitehall have been working over the summer to draw up a plan for Britain's exit from the EU.

Officials and representatives from the financial sector are getting ready to present their policy ideas in time for them to be considered by the cabinet committee for Brexit, chaired by Theresa May, the prime minister, when it meets in early September, people involved in the preparations told the Financial Times. The City has come to the conclusion that a deal for the UK to emulate Norway’s relationship with the EU is very difficult both politically and practically. Norway has access to the single market but no say in how regulations are set. It must both accept free movement of people and make budgetary contributions.

Instead, there is a preference for a unique trade deal, building on Switzerland’s arrangement.
A task force of grandees, chaired by Shriti Vadera, the chairman of Santander UK and a former Labour minister, is close to embracing this judgment. The group has already been provided one blueprint, a 110-page document prepared by the British Bankers' Association, advised by Clifford Chance and Global Counsel, the advisory outfit founded by Lord Mandelson, the Labour peer.

http://www.ft.com/cms/s/0/5cebe746-655a-11e6-8310-ecf0bddad227.html#axzz4Hn7Cyhn8

setmefree2

The British pound is falling in reaction to a Bloomberg report that asserts U.K. Prime Minister Theresa May and her team are leaning toward starting the Brexit process by April.
The timeline would allow the two-year negotiation process to begin before elections in Germany and France.
The pound fell to $1.303 after the report emerged, from around $1.308 before. It’s now down around 0.9% on the day. The euro rose 0.8% against the pound to 0.8688, edging closer to a peak around 0.8727 hit earlier this week.

http://blogs.wsj.com/moneybeat/2016/08/19/pound-falls-on-brexit-report/