Brexit, the economy and house prices (Part 3)

A_Medium_Size_Jock

gfplux wrote: »

Politico have some trivia about Mays speech next week in Florence.

"What we know for sure: The time of the speech — a No. 10 official indicated it will be delivered at around 2 p.m. next Friday … The length of the speech — DExEU’s top official Olly Robbins was snapped walking out of Downing Street with a draft of the speech under his arm yesterday. It is currently 4,980 words long. According to speechinminutes.com, that should take May just over 38 minutes to deliver."

Good lord, I suppose we will have another week of pointless and from past experience often totally incorrect speculation yet before the speech actually becomes known.
Lovely.
I may debate what to spend my mega-millions lottery win on.
After all, that will both be more fun and is about as likely as most of what we will read.

mrginge

Zero_Gravitas wrote: »

Actually, it really does matter. If we want to sell any products or services to any EU countries, we will have to conform to all the relevant EU safety legislation.

Well this obviously explains why no other non-eu country manages to sell into the EU.
:doh:

And once we leave, all our companies will instantly forget that they have been following relevant EU legislation for god knows how long and start churning out third rate crap instead.
:doh:

And even when we sort that, the EU will no doubt change their safety regulations which means we will have to adapt at great cost. Erm.... just like every other company that sells into that market, regardless of whether they are currently in or out of the EU.
:doh:

A_Medium_Size_Jock

mrginge wrote: »

Well this obviously explains why no other non-eu country manages to sell into the EU.
:doh:

And once we leave, all our companies will instantly forget that they have been following relevant EU legislation for god knows how long and start churning out third rate crap instead.
:doh:

And even when we sort that, the EU will no doubt change their safety regulations which means we will have to adapt at great cost. Erm.... just like every other company that sells into that market, regardless of whether they are currently in or out of the EU.
:doh:

Oh please!
Facts and common sense are not appreciated by many devout remainers.

This would be the same EU that now wants to encourage more relatively poor eastern-European countries to join, would it?
They'll be queueing up won't they, seeing how (ahem) "fairly" they treat member countries like Poland, Hungary ......... and of course the UK.
:whistle:
As it turns out, even some Germans don't want that.
Who knew?

Euro zone enlargement call sparks backlash in Germany

http://uk.reuters.com/article/uk-eu-eurozone-enlargement/euro-zone-enlargement-call-sparks-backlash-in-germany-idUKKCN1BQ2IL?il=0

Zero_Gravitas

mrginge wrote: »

Well this obviously explains why no other non-eu country manages to sell into the EU.
:doh:

And once we leave, all our companies will instantly forget that they have been following relevant EU legislation for god knows how long and start churning out third rate crap instead.
:doh:

And even when we sort that, the EU will no doubt change their safety regulations which means we will have to adapt at great cost. Erm.... just like every other company that sells into that market, regardless of whether they are currently in or out of the EU.
:doh:

Sigh. You lot really aren't very good at reading are you? Although that probably explains how you managed to see an unsubstantiated quote about £350 millions pounds a week and decided it was gospel...

The point I was making was in response to Stator, who said:

stator wrote: »

Hardly worth worrying about. We don't have to mirror anything. We can create our own safety regulations if we want. Doesn't really matter.

To which I replied:

Zero_Gravitas wrote: »

Actually, it really does matter. If we want to sell any products or services to any EU countries, we will have to conform to all the relevant EU safety legislation.

So disturbingly I'm actually agreeing with you - and disagreeing with the Bremming who was suggesting that safety regulations don't really matter...

Conrad

Tromking wrote: »

Ireland weaning itself off its over reliance on access to the UK`s internal market is unfinished business from the Easter Rising in my view. Don't fight for independence from another country and then expect there not to be further changes in the relationship as time passes.
They would argue of course that Brexit has pulled the rug from underneath them, but as a Sovereign nation they still have a choice on what is important to them, yet inexplicably they've abrogated the responsibility for that choice to Mr Barnier and his chums.
That's the EU for you.

How about Ireland comes joins the UK...

System

A_Medium_Size_Jock wrote: »

So three reputable sources saying the same yet it's not worthy of pointing out in this thread in your opinion?

There was only one source - the others just repeated it. Reuters with substantiation from that well know chap Mr A. Person Familiar.

A_Medium_Size_Jock wrote: »

And who said it had anything to do with Brexit?
Must I remind you of the thread title?
"Brexit, the economy and house prices"
You might not think a billion pounds to government coffers relates to the economy but I'm fairly certain most will.

Eats, shoots and leaves. I thought it was very much intended to discuss the effects of brexit on the economy and house prices. Keep on spamming.

Conrad

ilovehouses wrote: »

£:$ at 1.36 - that's up about 4 cents on the week. The highest level since the referendum. Still dire against the € but some solid gains this week.

Great news.

Given our aims and objectives what level would you like to see the £ at?

Please consider all angles, not just the price of a pack of Wotsits.

System

A_Medium_Size_Jock wrote: »

Good lord, I suppose we will have another week of pointless and from past experience often totally incorrect speculation yet before the speech actually becomes known.

You delivered a long-winded opinion on Mrs. May's intervention. You also posted an opinion piece from the Express covering a journos pointless speculation about what the speech might contain.

Of course that sort of speculation is OK because it involves speculation May is going to sock it to Europe. She won't - she's going to strike a conciliatory tone to try and mend some of the damage inflicted by the strutting rooster Davis*

* In my opinion

stator

It really isn't that much effort to worry about UK and EU regulations instead of just EU. And if you export to the rest of the world, then you've got tonnes of standards to worry about.
I imagine the UK will be closely aligned with EU safety standards etc just for the sake of convenience.

System

Conrad wrote: »

Given our aims and objectives what level would you like to see the £ at?

Please consider all angles, not just the price of a pack of Wotsits.

I'd like to see it stronger $1.60 - $1.70 and around €1.20. Much of our imports are non-discretionary (food & fuel) so that will help get inflation back down.

On the other hand exporters won't be as happy but we've had well over a year of waiting for the J curve to turn upwards and it hasn't really. The UK is an expensive place to buy from so, as a result, the stuff we export isn't that price sensitive.

Of course I don't set exchange rates and assume they're correct, most of the time with the rates reflecting all angles and not just the price of a pack of Wotsits. They are what they are.