Britain can be better off outside Europe

Mortgagefreeman

Says former BOE Governor.

Britain may be better off outside the European Union, Lord King of Lothbury said, as he warned that interest rate cuts would have little impact on the country’s prospects.

Sterling’s 9 per cent collapse against the trade-weighted currency basket since the Brexit vote was Britain’s best hope for rebalancing the economy from consumer spending to exports, creating a more sustainable future, the former governor of the Bank of England added.

http://www.thetimes.co.uk/edition/business/britain-can-be-better-off-out-of-europe-says-king-rkv6n6qzn

Of course, many of us knew this already.

Eric_the_half_a_bee

"9 per cent collapse"

LOL

Conrad

Prime Minister of Flanders;


"there is a growing consensus in EU capitals that it would be fatal mistake to try to “punish” Britain.


“More and more people now agree that there has to be a ‘soft Brexit,”


http://www.telegraph.co.uk/business/2016/08/23/belgium-offers-olive-branch-on-brexit-calls-for-north-sea-union/


When all said and done, why should trade and immigration be insolubly linked? If Merkel plays hard ball (she wont), we can always take our trade deficit elsewhere.

mwpt

Conrad wrote: »

When all said and done, why should trade and immigration be insolubly linked? If Merkel plays hard ball (she wont), we can always take our trade deficit elsewhere.

Why are you talking about immigration? I thought it was all about Britain's imminent golden age of prosperity due to being able to forge new deals with whoever we choose?

bigfreddiel

The EU is a total basket case. Of course we will be better off outside of it. fj

Conrad

mwpt wrote: »

Why are you talking about immigration? I thought it was all about Britain's imminent golden age of prosperity due to being able to forge new deals with whoever we choose?

You feel the need to ask me this, lol! It's the Bremoaners that constantly finger wag telling us no trade deal, no access to the SM without free movement.

Kohoutek

Conrad wrote: »

we can always take our trade deficit elsewhere.

How does that work exactly?

Thrugelmir

Conrad wrote: »

If Merkel plays hard ball (she wont), we can always take our trade deficit elsewhere.

Merkel faces an election in around 12 months time. She's not very popular at home with the electorate. Playing hardball (in the media) in the interim may not be an option for her.

mwpt

Conrad wrote: »

You feel the need to ask me this, lol! It's the Bremoaners that constantly finger wag telling us no trade deal, no access to the SM without free movement.

Nope sorry, that doesn't tie up with the stuff you've been posting.

You have posted endlessly about embracing change and the new deals we can form with the rest of the world and the positiveness of this. So my assumption was that you didn't care much about free movement whether we have it or not. But now you seem to be saying it isn't something you'd want.

Am I mistaken, was it also about immigration for you all along?

AFF8879

Free movement of labour goes hand in hand with free movement of capital. If you restrict one, the other one will reach a natural bottleneck. Not that this would necessarily be a bad thing for Britain, I voted remain but am positive about the future

CLAPTON

AFF8879 wrote: »

Free movement of labour goes hand in hand with free movement of capital. If you restrict one, the other one will reach a natural bottleneck. Not that this would necessarily be a bad thing for Britain, I voted remain but am positive about the future

when did you make this rubbish up?