Brexit the economy and house prices part 6

Rinoa

Ballard wrote: »

No one has said that BMW et al don’t care. What has been said is that they value the EU deal that’s in place more than they value a potential one with the U.K.

So, you believe that whilst they watch possibly 20% of their production being put at risk taking a massive hit to their profits, they'll happily rejoice at EU integrity being upheld.

Fair enough.

Thrugelmir

Tromking wrote: »

Macron says ‘non’ to TM’s Chequers plan.


The autumn is going to be interesting.

Anybody surprised?

Rinoa

Is Theresa changing direction?

Today she's claimed a 'no deal' Brexit will not be the end of the world. She's rubbished her own chancellor's figures on how much it will cost us. And now, apparently Parliament will be denied any official analysis of a 'no deal' Brexit before they vote on it.

Is she preparing us for 'no deal? :j

mayonnaise

Rinoa wrote: »

Is Theresa changing direction?

Is she preparing us for 'no deal? :j

I wouldn't count on it, matey.
She let you down before, remember?
Just want to avoid you getting too upset at her next U-turn.

Rinoa wrote: »

Theresa May apparently briefed Merkel before allowing the cabinet to see the full plan.

How humiliating can it get.

Rinoa wrote: »

When Theresa May reneged on all her promises with her new Brexit plan...

Rinoa

mayonnaise wrote: »

I wouldn't count on it, matey.
She let you down before, remember?
Just want to avoid you getting too upset at her next U-turn.

The Chequers plan could be voted down by up to 100 Conservative MP's as they think it gives too much away.

The EU have also rejected it as asking for too much.

If she gives any more away there will be numerous cabinet resignations and it won't get through Parliament. If she drops the chequers plan and goes back to her original red lines then EU will reject that also.

What option do you think is now available?

Ballard

Rinoa wrote: »

So, you believe that whilst they watch possibly 20% of their production being put at risk taking a massive hit to their profits, they'll happily rejoice at EU integrity being upheld.

Fair enough.

Why on earth would any company not be shouting from the rooftops at the earliest possible moment if they thought that they could secure a better deal from themselves? Waiting until the last few weeks to voice concerns would smack of terrible management to me.

Ballard

Rinoa wrote: »

Is Theresa changing direction?

Today she's claimed a 'no deal' Brexit will not be the end of the world. She's rubbished her own chancellor's figures on how much it will cost us. And now, apparently Parliament will be denied any official analysis of a 'no deal' Brexit before they vote on it.

Is she preparing us for 'no deal? :j

High praise indeed for a no deal. Not the end of the world.

Thrugelmir

Rinoa wrote: »

Is Theresa changing direction?

Today she's claimed a 'no deal' Brexit will not be the end of the world. She's rubbished her own chancellor's figures on how much it will cost us. And now, apparently Parliament will be denied any official analysis of a 'no deal' Brexit before they vote on it.

Is she preparing us for 'no deal? :j

No change of direction. All options have always been open. At least she's trying to reconcile the impossible differences that exist. Not sure what purpose a no deal vote will achieve. As there will come a point that our relationship with the EU will sour. If that is the case.

Rinoa

mayonnaise wrote: »

Chequers will need to be amended (a lot) to something the EU can sign up to and Labour can vote for.
Then those 100 MP's can stamp their feet as much as they like.

To give you an idea of how likely that is, GBP fell to 12 month lows today.

Full steam ahead for 'no deal'.

Thrugelmir

Rinoa wrote: »

To give you an idea of how likely that is, GBP fell to 12 month lows today.

Full steam ahead for 'no deal'.

No harm for UK exporters with a weak £.