FTSE rising whilst prospect of FTA seems to be fading

Mickey666

Brexit is the gift that will keep on giving for decades to come.  Brexiteers will seize on every example of something good happening as why we're all so much better off because of it and Remainers will do the same for every example of something bad happening as why it was all a disaster.  Few on either side will ever change their minds and it will run and run.   

It's just like party politics but on a longer timescale than five year general elections when we get a chance to swap governments.  Perhaps we're seeing the beginning of the equivalent nonsense for the EU, only on a 40-50 years timescale.  Seeds of EU discontent are growing in other EU countries and maybe a few others will leave.  In 40-50 years time the tide may turn and we may be trying to rejoin.  The grass is always greener . . . 

masonic

BananaRepublic said:

I thought the anti Brexit extremism had died, once the predicted flesh eating zombies failed to materialise.

I thought that said fish eating zombies for a moment - now that would be the answer to some prayers

doe808

Thrugelmir said:

El_Torro said:

benbay001 said:

To reply to El_Torro's comment, here is a link to the Barclays boss's view of financial services post brexit. https://www.bbc.co.uk/news/business-55939857

The article touches on the fishing industry, another puzzling thing when it comes to this deal. The fishing industry makes up what, 0.1% of the UK economy? In that case why was so much attention put on it?

GDP is a misleading indicator when it comes to life on the street for the average Joe. A recent study on Ireland's economy has blown away that myth. 

But of a novice, but do you have a link to this?  Always though GDP was a bit of a blunt measure, imo.

Thrugelmir

Cus said:

Thrugelmir said:

El_Torro said:

benbay001 said:

To reply to El_Torro's comment, here is a link to the Barclays boss's view of financial services post brexit. https://www.bbc.co.uk/news/business-55939857

The article touches on the fishing industry, another puzzling thing when it comes to this deal. The fishing industry makes up what, 0.1% of the UK economy? In that case why was so much attention put on it?

Fishing could provide a jobs boost to areas of the country which could be described as economically deprived. Better to boost employment than simply provide benefits.  Will also stop places dying and becoming little more than temporary holiday resorts for the wealthy. GDP is a misleading indicator when it comes to life on the street for the average Joe. A recent study on Ireland's economy has blown away that myth. 

It's not going to stop places dying, as being in the EU wasn't the cause in the first place.

Didn't say the EU was. Merely that's now an opportunity to be taken. 

Thrugelmir

doe808 said:

Thrugelmir said:

El_Torro said:

benbay001 said:

To reply to El_Torro's comment, here is a link to the Barclays boss's view of financial services post brexit. https://www.bbc.co.uk/news/business-55939857

The article touches on the fishing industry, another puzzling thing when it comes to this deal. The fishing industry makes up what, 0.1% of the UK economy? In that case why was so much attention put on it?

GDP is a misleading indicator when it comes to life on the street for the average Joe. A recent study on Ireland's economy has blown away that myth. 

But of a novice, but do you have a link to this?  Always though GDP was a bit of a blunt measure, imo.

I'll see if I can dig it up. In summary the two major influences that have to be discounted are that US multinationals base their European headquarters in Eire and there's a large aircraft leasing business based there. Remove this activity from the GDP figures and Eire slips well down the European tables. On a per capita head basis. 

doe808

El_Torro said:

benbay001 said:

To reply to El_Torro's comment, here is a link to the Barclays boss's view of financial services post brexit. https://www.bbc.co.uk/news/business-55939857

The article touches on the fishing industry, another puzzling thing when it comes to this deal. The fishing industry makes up what, 0.1% of the UK economy? In that case why was so much attention put on it?

The man in the street can understand fishing. Honest men and women risking their lives to go out to supply us with food. For people who respond to images, rather than the details, its an easy sell (as against, say, the financial sector).

csgohan4

doe808 said:

El_Torro said:

benbay001 said:

To reply to El_Torro's comment, here is a link to the Barclays boss's view of financial services post brexit. https://www.bbc.co.uk/news/business-55939857

The article touches on the fishing industry, another puzzling thing when it comes to this deal. The fishing industry makes up what, 0.1% of the UK economy? In that case why was so much attention put on it?

The man in the street can understand fishing. Honest men and women risking their lives to go out to supply us with food. For people who respond to images, rather than the details, its an easy sell (as against, say, the financial sector).

that's sadly the reality. Same with why the usual immigration rhetoric which was brought in by the tabloids prior to the referendum when it was  more than this. 

But I think it was short sighted to go for politics and focus on fisheries than financial sector imo.  Which is a drop in the ocean compared to the latter, forgive the pun. 

LHW99

csgohan4 said:

doe808 said:

El_Torro said:

benbay001 said:

To reply to El_Torro's comment, here is a link to the Barclays boss's view of financial services post brexit. https://www.bbc.co.uk/news/business-55939857

The article touches on the fishing industry, another puzzling thing when it comes to this deal. The fishing industry makes up what, 0.1% of the UK economy? In that case why was so much attention put on it?

The man in the street can understand fishing. Honest men and women risking their lives to go out to supply us with food. For people who respond to images, rather than the details, its an easy sell (as against, say, the financial sector).

that's sadly the reality. Same with why the usual immigration rhetoric which was brought in by the tabloids prior to the referendum when it was  more than this. 

But I think it was short sighted to go for politics and focus on fisheries than financial sector imo.  Which is a drop in the ocean compared to the latter, forgive the pun. 

I think this article can explain why many in fishing communities saw our membership of the EU as an issue.

https://www.bbc.co.uk/news/stories-54756574

I had relatives in the industry and saw first hand how it affected them. In many places also, for every boat employed you can reckon on a considerable number of additional jobs supported, from dockers in the ports, small fishmongers in the local towns, to processing, transport etc.

Linton

LHW99 said:

csgohan4 said:

doe808 said:

El_Torro said:

benbay001 said:

To reply to El_Torro's comment, here is a link to the Barclays boss's view of financial services post brexit. https://www.bbc.co.uk/news/business-55939857

The article touches on the fishing industry, another puzzling thing when it comes to this deal. The fishing industry makes up what, 0.1% of the UK economy? In that case why was so much attention put on it?

The man in the street can understand fishing. Honest men and women risking their lives to go out to supply us with food. For people who respond to images, rather than the details, its an easy sell (as against, say, the financial sector).

that's sadly the reality. Same with why the usual immigration rhetoric which was brought in by the tabloids prior to the referendum when it was  more than this. 

But I think it was short sighted to go for politics and focus on fisheries than financial sector imo.  Which is a drop in the ocean compared to the latter, forgive the pun. 

I think this article can explain why many in fishing communities saw our membership of the EU as an issue.

https://www.bbc.co.uk/news/stories-54756574

I had relatives in the industry and saw first hand how it affected them. In many places also, for every boat employed you can reckon on a considerable number of additional jobs supported, from dockers in the ports, small fishmongers in the local towns, to processing, transport etc.

How did it help to mess up their trading relationship with their main customer? It seems that the EU bought about half of the UKs total catch.

talexuser

And more than half of our EU fishing rights were owned by a handful of (our) very rich people, some of whom never fished but just leased the catches to foreign fleets, pocketing the profits and providing no jobs here.