PM speech on Tuesday - Pound down 5% on Monday?

mrginge

mayonnaise wrote: »

Good speech.
The brexiteer nutjobs will have nowhere to hide now. No excuses.

She said the country was "coming together" after June's referendum, adding: "Now we need to put an end to the division and the language associated with it - Leaver and Remainer and all the accompanying insults - and unite to make a success of Brexit and build a truly global Britain."

Great to see you're fully on board mayo.

A_Medium_Size_Jock

mrginge wrote: »

Great to see you're fully on board mayo.

Quite so.
The near-apoplectic response is surely evidence of things moving in the right direction.

melanzana

Anyone know what might happen if Parliament votes down the triggering of Article 50?

General Election?

I know it's unlikely to fail, but still, stranger things have happened in politics as we have seen!

And on top of that, let's say parliament approves Article 50, and then when the deal is ready Parliament does not approve (May has said they will have a vote on the final Brexit Deal), I wonder what might happen then?

There is a test case coming to the High Court in Dublin to establish if Article 50 can be reversed. Being brought by UK plaintiff.

http://www.irishtimes.com/news/politics/high-court-to-hear-british-brexit-escape-route-case-1.2935102

All very interesting.

Filo25

While as a Remainer myself I would obviously have wanted things to turn out differently, we are where we are, and at least it was heartening to hear a global leader making the case for Trade, at a time when Protectionism seems to be becoming increasingly popular.

This was actually more clarity than I expected from May today and will certainly put the EU on the spot as to how much Economics v Politics dominates their negotiating position, I'm still not massively optimistic on where that negotiation does end up, so it will be key to try to negotiate other preferential trade deals as quickly as possible.

While we still have to wait a few months for Article 50 to be formally invoked, today does at least feel like the real start of the process, and hopefully starts to reduce some of the uncertainty which lies ahead.

elantan

Today's speech has made a second indy ref inevitable for Scotland, next move is over to Sturgeon ... will be interesting to see how that all plays out

TrickyTree83

elantan wrote: »

Today's speech has made a second indy ref inevitable for Scotland, next move is over to Sturgeon ... will be interesting to see how that all plays out

You've said this twice on this forum board, it's not inevitable is it?

Possible, sure, but not inevitable. And the timing certainly is not, since it has to be agreed by Westminster it won't be at a time of Nicola's choosing.

Filo25

elantan wrote: »

Today's speech has made a second indy ref inevitable for Scotland, next move is over to Sturgeon ... will be interesting to see how that all plays out

While I agree that its going to happen, any recent polling in Scotland that I've seen still has a clear majority for Remaining in the UK, of course that may just be an oil price spike away from changing!

elantan

TrickyTree83 wrote: »

You've said this twice on this forum board, it's not inevitable is it?

Possible, sure, but not inevitable. And the timing certainly is not, since it has to be agreed by Westminster it won't be at a time of Nicola's choosing.

As you already know we can have a referendum without permission call it advis or if you will, kinda like a Brexit referendum

elantan

Filo25 wrote: »

While I agree that its going to happen, any recent polling in Scotland that I've seen still has a clear majority for Remaining in the UK, of course that may just be an oil price spike away from changing!

The outcome has still to be decided but your right it is inevitable

padington

elantan wrote: »

Today's speech has made a second indy ref inevitable for Scotland, next move is over to Sturgeon ... will be interesting to see how that all plays out

The only way that can happen is by the PM (and queen) agreeing it. Which they won't.