If we vote for Brexit what happens

mayonnaise

Herzlos wrote: »

Are we any closer to any sort of plan or idea about whats going to happen?

Almost there...

Two Months On From EU Referendum Result - And Still No Brexit Plan

There is some office space now. There is a structure. But so far it involves more of a to-do list than even a plan about a plan.

http://news.sky.com/story/two-months-on-and-still-no-brexit-plan-10549376

CLAPTON

buglawton wrote: »

The expression 'Phoney War' has passed into language and is used frequently by journalists commenting on politics. Nothing wrong with a history lesson either.
What about the expression 'to decimate'?

I have to say I can personally not recall any such common useage although that doesn't mean it hasn't been used.
However in the context of threats of WW3 and the subject matter referencing Germany, the term phoney war seemed inappropriate.

peter_we

unless every single item you purchase is imported

Every commodity is priced in USD, starting with oil.
UK farmers can export their goods to get a better price, so UK consumer will have to match that price.
Food and manufacturing use commodities which will rise in price, which will increase costs for service providers.
Thats how inflation works.

ukcarper

peter_we wrote: »

Every commodity is priced in USD, starting with oil.
UK farmers can export their goods to get a better price, so UK consumer will have to match that price.
Food and manufacturing use commodities which will rise in price, which will increase costs for service providers.
Thats how inflation works.

True but not 15% for reasons Another Joe stated.

mayonnaise

The sharp costs of Brexit will be felt soon enough

But the strongest clue has not come from the stock market or July’s unemployment and retail sales but from the currency markets. There, the message has been consistent and its implications have still to sink in.

The foreign exchange markets are not always a reliable witness. They can be skittish, and their daily movements are sometimes impenetrable. But when rates move sharply and then settle for more than a month without second thoughts, their judgment shouldn’t be ignored. It is backed not by punditry but by many billions of dollars from in and outside the UK, so deserves more attention than it has been getting.

In essence, the currency markets are saying that all UK assets are worth less than they used to be. Land, property, companies, bank deposits, government debt — everything in the UK has been marked down against the rest of the world. Although the FTSE 100 has boomed, that is largely because its component companies earn most of their revenue and profits outside the UK.

The holidaymakers returning from abroad have already tasted what is to come. Whether getting poorer is what 52 per cent of the June 23 voters wanted or expected, it is what is happening.

https://www.ft.com/content/fdd5a8ca-691c-11e6-a0b1-d87a9fea034f

indianabones

I'm not seeing many new properties in my search area still. Up until Brexit I was seeing quite a few come through. I have however seeing many come back on the market.

Just have a look at these 3, all 3 was SOLD STC several weeks ago.

http://www.rightmove.co.uk/property-for-sale/property-51994612.html
http://www.rightmove.co.uk/property-for-sale/property-42430155.html
http://www.rightmove.co.uk/property-for-sale/property-61369118.html

Thrugelmir

Herzlos wrote: »

Are we any closer to any sort of plan or idea about whats going to happen?

What's the rush. Government shuts down for the holidays.

lisyloo

Thrugelmir wrote: »

What's the rush. Government shuts down for the holidays.

Perhaps you're in a comfortable position, however there are people who want to get jobs or are coming to end of a lease on a commercial property who want to make decisions. Whole countries and e rest of Europe want to know where they stand as well as individuals and businesses.
I don,t think it should be rushed, but I do understand the desire.

buglawton

Wow people are really scouring the media for bad news.

CLAPTON

lisyloo wrote: »

Perhaps you're in a comfortable position, however there are people who want to get jobs or are coming to end of a lease on a commercial property who want to make decisions. Whole countries and e rest of Europe want to know where they stand as well as individuals and businesses.
I don,t think it should be rushed, but I do understand the desire.

few UK government decision takes less than a year
few EU decisions take less than 5 years
it seems that previously people have expected that and remainers thought it a fantastic feature
how long will the TTIP decision take : how can people plan; all over europe people can't make decisions due to the delay
only solution is to leave the EU that constantly delays delays delays