Brexit, The Economy and House Prices (Part 2)

mayonnaise

Brexit Bulletin: The New Political Reality

The question is whether May can last as premier after losing her parliamentary majority this month. The first test is gaining support for the speech’s contents. Talks aimed at winning the support of Northern Ireland’s Democratic Unionist Party were still going on Tuesday evening.

Even then, May has to get her Brexit bills through a Parliament that increasingly doesn’t share her vision. At the same time, she knows the euroskeptics in her party will pounce if she moderates her approach too much.

https://www.bloomberg.com/news/articles/2017-06-21/brexit-bulletin-the-new-political-reality

mayonnaise

Labour and Lib Dems peers vow to water down Brexit as 'Salisbury Convention doesn't apply'

Theresa May's Brexit manifesto promises could be rejected by the Lords as pro-European Union figures said her failure to win a majority means they are no longer protected.

The Telegraph understands Labour and Liberal Democrat peers believe the Salisbury Convention, which normally protects manifesto pledges, does not apply because the Prime Minister has failed to win a majority.

http://www.telegraph.co.uk/news/2017/06/21/labour-lib-dems-peers-vow-water-brexit-salisbury-convention/

A_Medium_Size_Jock

As someone posted a few days ago now:

Fella wrote: »

Shouldn't your rage be directed at the people who wanted to Remain but didn't bother to vote?

BTW for somebody who claimed a few months ago they were reconciled with leaving the EU you don't seem all that reconciled. Kind of more like obsessed & furious still.

The response was:

mayonnaise wrote: »

You must have misinterpreted my post. No rage nor fury here.
I'm quite looking forward to these 'negotiations' actually.
The EU seems to have their ducks in a row.
Popcorn time.

If you say so - though it doesn't really look "reconciled" if these last posts above are anything to go by.



The reality, from The Queen's Speech:

The ambition, set out in a speech written by the government but delivered by Queen Elizabeth, provides official confirmation that the U.K. intends to stick to the prime minister’s vision of Brexit, as set out in her Lancaster House speech in January

http://www.politico.eu/article/britains-path-to-hard-brexit-revealed-in-queens-speech/

mayonnaise

Let go Jock.

A_Medium_Size_Jock

mayonnaise wrote: »

Let go Jock.

Really?
See: http://forums.moneysavingexpert.com/showpost.php?p=72728764&postcount=11729

mayonnaise

Europe turning the corner on anti-EU sentiment

Europe is slowly turning a corner as a wave of anti-European Union movements peters out, Donald Tusk told EU leaders in a letter published before he will chair their two-day summit starting on Thursday.

Countries including Austria, the Netherlands, France and Italy have seen a sharp rise in popularity of parties with eurosceptic, often anti-immigration policies, but in recent months these have suffered decisive defeats in elections.

http://uk.reuters.com/article/uk-eu-summit-tusk-idUKKBN19C1BA

We are witnessing the return of the EU rather as a solution, not a problem. Paradoxically, the tough challenges of the recent months have made us more united than before

Ain't that the truth.

JP08

Reference the article referred to earlier : http://www.telegraph.co.uk/news/2017/06/21/labour-lib-dems-peers-vow-water-brexit-salisbury-convention/

Having waded through the 83 pages of the parliament.uk explanation
http://www.parliament.uk/site-information/glossary/salisbury-doctrine/
it's quite hard to argue against their position as Lord Salisbury himself (a Conservative Peer - at the time of a Labour Government) - somewhere around page 31 of the said document, maintained it shouldn't apply ...

Conrad

ilovehouses wrote: »

The EU already have tariffs and barriers for non-EU members. We can hopefully agree something beneficial but we have to bear in mind we did vote to leave the EU. Therefore as a third country being subject to tariffs and barriers was always a real possibility.

The EU won't impose export tariffs on Spanish tomatoes being sent to the UK - why would they do that?

Will there be tariffs on goods arriving from the EU? Who knows but didn't we vote so that the decisions either way would be made in parliament rather than Brussels.

EDIT: Just looking at your posting history you seem to say things will be swell whether there's a trade deal or not so why are you bothered? I'm not sure you've managed to identify a single negative associated with Brexit other than remoaners and liberals not jumping aboard the happy bus.

Any negative action will hurt core EU exporters, that's to say real people with real jobs trying to make a living in a recovering EU.


In the end common sense will prevail and Denmark for example wont allow its existing profitable UK sales to be harmed.


Any harm is felt all-round, that's the key point and don't quote the proportion of exports the entire EU has with the UK as this in no way nullifies the harm core export nations to the UK will feel if trade is hampered. France is only just recovering after years of tepid performance, the last thing they need is their fragile trade hampered.

Herzlos

Conrad wrote: »

Any negative action will hurt core EU exporters, that's to say real people with real jobs trying to make a living in a recovering EU.

Indeed, but what other options are they left with? Give us our Danegeld?

Will the EU let a <10% export market dictate it's position?

I agree that some common sense will prevail, but I think that'll be from the UK realising that they need to make the compromises and not from the EU.

I'm pretty confident that by the time this is over we'll still have the 4 freedoms and a significant annual contribution to the EU (reduced because our economy will be reduced), and that exactly nobody will be happy with the outcome. Anything else is inconceivable.

cogito

mayonnaise wrote: »

Europe turning the corner on anti-EU sentiment



http://uk.reuters.com/article/uk-eu-summit-tusk-idUKKBN19C1BA


Ain't that the truth.

No, it ain't.

http://www.pewglobal.org/2017/06/15/post-brexit-europeans-more-favorable-toward-eu/

Read the whole thing.