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Brexit, the economy and house prices (Part 3)

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Comments

  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    shaggydoo wrote: »
    Hi

    Can anyone help me please?

    My niece is British. She lives in Oslo with her Norwegian boyfriend and Norwegian son. They are not married. She was living there before 28th June 2016.

    Norway does not allow dual nationality.

    What is her situation under current proposals?

    Thanks.

    I found this.
    Norway opens doors to dual citizenship
    Norway’s Høyre (Conservative) Party, the largest party in the governing coalition, voted at its annual conference in favour of a proposal to allow dual citizenship in the country.
    They won the election last week.
    Skjevik-Aasberg told NTB that he hoped Høyre’s MPs would now see the proposal through when it is put before parliament during the spring session.
    Ja til dobbelt statsborgerskap will now focus attention on the remaining parties that have not accepted the principle of dual citizenship during spring when the annual conferences are held, says Fox. The Christian Democrats (Kristelig Folkepartiet) and Centre Party (Senterpartiet) will be voting on the principle of dual citizenship at their annual conferences this spring. Fremskrittspartiet (The Progress Party) is also contemplating dual citizenship, with the leader of the party’s youth wing Bjørn-Kristian Svendsrud last week calling for dual citizenship to be discussed and voted on at the party´s annual conference in May.
    The Labour Party (Arbeiderpartiet) has so far not taken a definite stance on the issue, saying that that it may evaluate the impact of Norway´s current singular citizenship policy in a globalised world.

    https://www.thelocal.no/20170313/norway-opens-doors-to-dual-citizenship
  • Rinoa
    Rinoa Posts: 2,701 Forumite
    Conrad wrote: »
    And further restrictions are coming;


    http://www.telegraph.co.uk/investing/buy-to-let/buy-to-let-lending-squeeze-banks-wont-lend/


    September 2017 • 2:09pm
    Stringent new rules for mortgage lending to buy-to-let investors with multiple properties could mean that some can no longer borrow to fund their business, Telegraph Money research has found.

    The govt. now see BTL as a problem.

    If houses are cheap people buy and accumulate equity, leading to less housing benefit - and none when mortgage paid off.

    When houses too dear and more people rent, Govt. pay more in housing benefit, until they die in many cases.

    Solution: stop people renting and let them buy instead.
    If I don't reply to your post,
    you're probably on my ignore list.
  • LHW99
    LHW99 Posts: 5,284 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I'm not interested in cheap labour to support the frankly rubbish companies out there, and there are plenty.

    And now apparently Mark Carney recognises that reducing the number of migrants will increase wages in the UK
    https://www.theguardian.com/business/live/2017/sep/18/world-stock-markets-record-highs-eurozone-inflation-mark-carney-business-live
    Strange when there have been so many arguing that higher numbers of migrants havn't pushed down wages.

    Hopefully this will encourage more efficient use of labour all round - as should be.
  • Private_Church
    Private_Church Posts: 532 Forumite
    edited 18 September 2017 at 6:14PM
    Arklight wrote: »
    Europeans, including Poland, believe in Europe as an institution which has prevented war and delivered prosperity for the longest period in Europe's history, and provides the only logical bulwark between Russian and American hegemony.

    You are confusing Europe with the EU and they are 2 totally different things.One is a continent the other is an institution. By the way the EU has not prevented war ,it sat on its hands when the Balkans erupted into war and sat idle and indecisive when thousands of men and boys were massacred by the Serbs in Srebrenica. The EU is also partly directly responsible for the war in the Ukraine. When the EU expanded Eastwards and allowed the Eastern European countries to join it moved the East/West border (no mans land) futher East so you can't blame Russia for being p*ssed off, especially when the EU are making very vocal invites to the Ukraine to join the EU at some point in the future. If I was Russian I would be p*ssed off too.

    Its quite laughable to claim the EU has prevented war in Europe when they have played a very small part and NATO has been the institution that has kept peace in Europe. Do you think Russia gives 2 hoots about the EU when it has no armed forces (yet)?. UK toops are already heading to Poland so how many troops are the EU sending?.
    Do you seriously believe the Polish want to be run by Russia again? They are well aware of what being a member of a club you have no say in is like.
    The Poles joined the West for 2 reasons and number 1 was the protection from NATO and with that protection peace came and so did investment . When they joined the EU they knew they were going to get €billions and Billions in subsidies but they were willing (in the beginning) to accept EU ruling the roost but now , having had close to €160,000,000,0000 in handouts they are beginning to flex their muscles especially with the other Visegrad countries in forming an alliance.
    The UK, on the whole, has never understood this. Will European countries complain about the EU and try and get as much from it as possible? Yes. Will they ever go it alone? No.
    Poland has had all the money and correct me if I'm wrong but can leave the EU and retain its NATO membership. Poland can trade with anyone now they have confidence after the EU has paid for their infrastructure to be bought into the 21st Century and knowing they have protection from NATO.....
  • On the UK economic front today:

    British manufacturing moves up one place to the world's eighth-largest manufacturer.
    http://www.cityam.com/272260/british-manufacturing-now-eighth-largest-world

    BAE sells 24 Typhoon fighters.
    http://uk.reuters.com/article/uk-qatar-uk-military/qatar-to-buy-24-typhoon-jets-from-uks-bae-systems-idUKKCN1BS0SH?il=0

    An aluminium-producing factory is reopened after being closed for the past three years, so that the UK can build electric black cabs.
    http://uk.reuters.com/article/uk-aluminium-sapa-britain/electric-london-cabs-spur-reopening-of-uk-aluminium-plant-idUKKCN1BS0YP?il=0

    Bill Gates invests $40 million in a private UK immunotherapy company.
    http://uk.reuters.com/article/uk-health-immunocore-gates/gates-foundation-invests-40-million-in-uk-immunotherapy-company-idUKKCN1BT0IZ?il=0
  • Also today news from Factbox about Finance jobs moving as a result of Brexit:
    Around 10,000 finance jobs will be shifted out of Britain or created overseas in the next few years if the UK is denied access to Europe’s single market, according to a Reuters survey of firms employing the bulk of workers in international finance.
    Reuters approached 158 banks, asset managers, private equity firms, insurers and exchanges with UK operations on their plans for moving staff as a result of Brexit and received answers from 123.
    The 39 firms which gave details on their plans for Brexit staffing together employ at least 359,983 people. A precise number could not be calculated because four did not answer the question.
    The 20 banks in the survey who answered the question about how many jobs would be affected by Brexit said they expected 9,777 jobs to be moved or created in the EU.
    http://uk.reuters.com/article/uk-britain-eu-jobs-survey-factbox/factbox-reuters-surveys-uk-financial-services-jobs-post-brexit-idUKKCN1BT1ES?il=0

    So even if the UK is denied access to EU financial markets, a "worst-case-scenario" number of financial jobs lost is estimated to be under 2.8% according to those asked.
    Whilst this would no doubt prove to be a challenge, it does perhaps explain why so many in the city remain positive:
    http://uk.businessinsider.com/pwc-thecityuk-post-brexit-financial-sector-growth-2017-7

    http://www.cityam.com/271356/no-eu-city-matches-londons-unique-appeal-finance-hub
  • Arklight
    Arklight Posts: 3,182 Forumite
    Ninth Anniversary 1,000 Posts
    GreatApe wrote: »
    The problem with the system is that its so big so entrenched and so many people depend on their work and income from the current system that its not going to change and certainly not quickly. At best a 30 year plan to wind down universities could be proposed and even that would !!!! off a million plus voters

    Its best to never get into these situations in the first place. Same with the idea of nationalizing the railways or power companies its a stupid idea it turns sectors into the economy into political matches

    My view is the top 10 universities should be forced to give out degrees to everyone who sits and passes their exams and that the students should be able to sit each paper for no more than £100 which will cover the marking of the paper and some admin. So a course like Physics might have 20 papers and the cost of going to the exams would be £2000. Want a degree from oxford then its not going to cost you any more than £2000 sit in your parents home grind though a 3 year course in 2 years and there you go a 1st from oxford for £2k

    Education is going to end up like that, the uk universities have no choice of course they would fight it tooth and nail but they are stupid to do that. Might as well be in the first few to do it get it right and survive


    Also perhaps university degrees should be split up into 3 levels. Each year is a certificate and the norm shouldn't be for a 3 year degree but perhaps the first year will be sufficient for employers so long as the candidate got a mark in the top 1/3rd

    Yes, stupid nationalised trains that run on time and don't cost very much. The system we have is much better, apart from being the costliest and most unreliable major railway in the developed world. Still at least the shareholders make a killing every year of off commuter misery, which is all that private companies are meant to do anyway, and is in no way political.

    Your idea about universities is so barmy I barely know where to start.

    How in God's name is someone meant to study Physics at Oxford from their parents house for £2000, with no access to the hundreds and millions of pounds of lab equipment, super computers, particle accelerators and other infrastructure needed for that discipline?

    Still, after you've spent 30 years closing all the other universities I suppose they'll have no choice.

    The future of Britain is safe with Brexit voters.
  • Arklight wrote: »
    The future of Britain is safe with Brexit voters.
    It is certainly far safer than it would be in the hands of Eurocrats or blinkered pro-EU advocates.

    You (and others of your ilk) will not like this - if for no other reason than because it comes from Brexitcentral. :D
    But rather than decry the source, let's see if there can be cogent debate without derisive vitriol regarding the contents.
    Should I not hold my breath?
    The UK economy is growing and will do so faster after Brexit – even in the event of ‘no deal’

    http://brexitcentral.com/uk-economy-growing-will-faster-brexit-even-event-no-deal/
  • Herzlos
    Herzlos Posts: 15,943 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    shaggydoo wrote: »
    Hi

    Can anyone help me please?

    My niece is British. She lives in Oslo with her Norwegian boyfriend and Norwegian son. They are not married. She was living there before 28th June 2016.

    Norway does not allow dual nationality.

    What is her situation under current proposals?

    Thanks.

    No one knows. She might be best trying to get Norwegian citizenship, though I think she'll have a while to sort it.
  • System
    System Posts: 178,356 Community Admin
    10,000 Posts Photogenic Name Dropper
    It is certainly far safer than it would be in the hands of Eurocrats or blinkered pro-EU advocates.

    You (and others of your ilk) will not like this - if for no other reason than because it comes from Brexitcentral. :D
    But rather than decry the source, let's see if there can be cogent debate without derisive vitriol regarding the contents.
    Should I not hold my breath?

    http://brexitcentral.com/uk-economy-growing-will-faster-brexit-even-event-no-deal/

    What's to debate? Patrick Minford (an economist!) thinks brexit will be glorious. He might be right but the argument is very much the familiar that as remoaners said the sky would fall in and it hasn't things will therefore be great.

    And before you start about 'cogent debate' you ought to count how many times he says 'remoaner' - so he's hardly interest in debate. Just another Shouty McShoutface.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
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