Brexit, The Economy and House Prices (Part 2)

A_Medium_Size_Jock

Herzlos wrote: »

Very much so. There's still a while until it really sinks in - when people start complaining how long it's taking them to get through airports (since the non-EU queue is always longer), the inevitable handful that don't realize they needed to apply for a VISA before traveling and get rejected at the airports, those that try to pop across a border that's now closed to them, or those that don't realize the amount of duty free they can import drops drastically.

On the plus side - what little duty free they'll be allowed to bring home will now actually be free of duty.

Ah yes, because we're not used to this at all and only travel within the EU on holidays and/or business already, right?
And we never used to face passport controls before the EU so-called freedom, then?
BTW the "Non-EU" counters at customs are very frequently the emptiest when holidaying IME. Regardless, very very rarely do I experience it taking long to get through airports; indeed when I have been delayed by checks it has been inside EU countries!

But no, maybe the Spanish won't mind the drop of a few million UK holidaymakers who will prefer say Turkey or Egypt, since they'll have less hassle than the EU want to cause.

A_Medium_Size_Jock

Filo25 wrote: »

I was reading a few weeks ago that a lot of exporters appear to be increasing margins rather than letting the fall in Sterling flow through into lower foreign currency prices to boost marketshare.

Were you really?
Links then please?

A_Medium_Size_Jock

"There is plenty of good Brexit news, we’re just ignoring it

"

Against this relentlessly pessimistic picture of gloom, doom and uncertainty; of plunging economic prospects (untrue); of collapsing of consumer confidence (untrue); of a drying up of investment (untrue); of job freezes (untrue); of skills shortages because of the ending of free movement (untrue); of the inevitable introduction of tariffs; and of impossible renegotiation (untrue), positive news stories have been, and are consistently, under-reported.

https://inews.co.uk/opinion/comment/brexit-media-coverage-ignores-good-news-theres-lots/

gfplux

Who is in charge of the Brexit negotiations.

We have this announcement today by Phillip Hammond
"Britain’s relationship with the EU may look similar to its current one for up to three years after Brexit, with free movement, access to the single market and an inability to strike trade deals with other countries, Philip Hammond has said."
https://www.theguardian.com/politics/2017/jul/28/philip-hammond-confirms-uk-will-seek-brexit-transitional-deal
"The chancellor confirmed multiple reports over the past week that the cabinet had agreed to seek a transitional period of about three years, ending before the next election, which is due in 2022."

"The agreement was made last week but not announced by Theresa May, who has left the UK for a three-week holiday. Instead, the news has seeped out from other cabinet ministers, and was confirmed by Hammond on Friday morning."

I thought David Davis was in charge and, if this request is to be put to the EU, has been agreed by cabinet why didn't he announce it or the Prime Minister.
Is this something we can believe in or is it just a push for power or something else.

Barnier has been criticised here for only being a front man. We now have Davis not in charge of the British side.

Same story in the Telegraph
http://www.telegraph.co.uk/news/2017/07/28/philip-hammond-uk-will-unable-strike-post-brexit-trade-deals/

So who is the Minister in charge of Brexit?

Filo25

A_Medium_Size_Jock wrote: »

Were you really?
Links then please?

I read it, I can't even recall where, not sure quite why the accusatory tone on this one anyway, its hardly a case of Brexxit bashing, hardly like there would be any reason to make it up!

Filo25

gfplux wrote: »

Who is in charge of the Brexit negotiations.

We have this announcement today by Phillip Hammond
"Britain’s relationship with the EU may look similar to its current one for up to three years after Brexit, with free movement, access to the single market and an inability to strike trade deals with other countries, Philip Hammond has said."
https://www.theguardian.com/politics/2017/jul/28/philip-hammond-confirms-uk-will-seek-brexit-transitional-deal
"The chancellor confirmed multiple reports over the past week that the cabinet had agreed to seek a transitional period of about three years, ending before the next election, which is due in 2022."

"The agreement was made last week but not announced by Theresa May, who has left the UK for a three-week holiday. Instead, the news has seeped out from other cabinet ministers, and was confirmed by Hammond on Friday morning."

I thought David Davis was in charge and, if this request is to be put to the EU, has been agreed by cabinet why didn't he announce it or the Prime Minister.
Is this something we can believe in or is it just a push for power or something else.

Barnier has been criticised here for only being a front man. We now have Davis not in charge of the British side.

Same story in the Telegraph
http://www.telegraph.co.uk/news/2017/07/28/philip-hammond-uk-will-unable-strike-post-brexit-trade-deals/

So who is the Minister in charge of Brexit?

The cabinet does seem to be running a bit wild at present, you also had the silly disagreement over chlorinated chicken between Fox and Gove this week as well.

I suppose this is what happens when nobody is too sure how much authority the PM has left and how long she will be around for.

Herzlos

A_Medium_Size_Jock wrote: »

Ah yes, because we're not used to this at all and only travel within the EU on holidays and/or business already, right?

Lots of people visit the EU on holiday, and that it will become as difficult as the rest of the world will be a big deal for a lot of people. I know the Egyptian VISA application interview constists of "Do you have $15?" but it's usually a bit more involved than that.

Because we have these extra checks elsewhere doesn't mean people won't be caught out on these extra checks appearing where they didn't.

It's also unlikely to drive many people from holidaying in Costa Del England to places further afield, but plenty of them are going to be annoyed by the changes once they kick in.

Herzlos

A_Medium_Size_Jock wrote: »

"There is plenty of good Brexit news, we’re just ignoring it

"

https://inews.co.uk/opinion/comment/brexit-media-coverage-ignores-good-news-theres-lots/

Where is it all then?

gfplux

This is good news about the Spanish economy that we should all be pleased about
http://www.bbc.com/news/business-40750173
"Spain's economy grew by 0.9% in the second quarter thanks to improved exports and household spending.
The growth figure, a first estimate from the National Statistics Institute (INE), suggests the country's economy has finally grown back to the size it was before the credit crunch of 2008.
Spain was bailed out in 2012 by the EU at the height of Europe's debt crisis.
Its figures were among the strongest of a batch of European economic data released on Friday."
"The Spanish government has raised its forecasts for economic growth this year and now expects the economy to grow by at least 3% in 2017.
Separately on Friday, the European Commission said economic sentiment within the eurozone had risen again in July - the third increase in a row - to a new 10-year high.
The sentiment indicator in the 19-country currency bloc rose to 111.2 after an increase in confidence in the service sector."

Thrugelmir

Herzlos wrote: »

Very much so. There's still a while until it really sinks in - when people start complaining how long it's taking them to get through airports (since the non-EU queue is always longer), the inevitable handful that don't realize they needed to apply for a VISA before traveling and get rejected at the airports, those that try to pop across a border that's now closed to them, or those that don't realize the amount of duty free they can import drops drastically.

On the plus side - what little duty free they'll be allowed to bring home will now actually be free of duty.

Some people complain about anything that involves a queue. If this a remain argument against Brexit it's very weak. You have obviously never travelled internationally. Then you'd realise how bad it can get.