When will £1GBP be worth 1.20 Euros?

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  • EachPenny
    EachPenny Posts: 12,239 Forumite
    First Post Combo Breaker
    edited 4 September 2017 at 10:44PM
    Gambler101 wrote: »
    There wasnt all this fuss when we voted to join the common market in 1975, the leavers accepted the will of the people.

    But we didn't vote to join in 1975... We'd joined in 1973 thanks to Heath (with no vote). 1975 was a question of whether we stayed in or not, following a renegotiation. Sounds familiar?
    [STRIKE]Cameron[/STRIKE] Wilson declared "I believe that our renegotiation objectives have been substantially though not completely achieved", and said that the government would recommend a vote in favour of continued membership
    https://en.wikipedia.org/wiki/United_Kingdom_European_Communities_membership_referendum,_1975
    "In the future, everyone will be rich for 15 minutes"
  • mark5
    mark5 Posts: 1,363 Forumite
    Name Dropper First Post First Anniversary Combo Breaker
    Glen_Clark wrote: »
    Germany's state pension is 3 times that of Britain too - and we are borrowing to pay that...


    Is it like the Spanish system though, where it's funded by massive employer contributions?

    The UK also has employer and private pension funds with tax rebates running along side the state pension, people overlook this when comparing.
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    EachPenny wrote: »
    Which party leaders and frontbenchers have openly campaigned to 'get control back for themselves' in the last 20 years?
    The art of successful politics is to make both sides think you are on their side. So they don't say it as clearly as that. They say restore 'our sovereignty' 'our country' etc so we plebs think it includes us ;)
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • atush
    atush Posts: 18,726 Forumite
    Name Dropper First Anniversary First Post
    Gadfium wrote: »
    Thats the wrong way of looking at it. Comparing their trade to us as a percentage of our trade to them is pointless. You need to look at their trade to us as a percentage of the total EU trade. The UK makes up somewhere between 8 and 18% of EU total exports. In comparison, the UK exports something like 44% of it's total exports to the EU.

    We need them a hell of a lot more than they need the UK.


    https://fullfact.org/europe/uk-eu-trade/

    It depends, a lot of trade is from Germany, and they want the UK as an export market. They will want a deal, and generally, what germany wants, germany gets- in the end.

    I didnt say we didnt need them more, I said they need us.
  • talexuser
    talexuser Posts: 3,498 Forumite
    Name Dropper First Post First Anniversary
    EachPenny wrote: »
    But none of these, with the exception of Fox perhaps, would be recognised as 'political elites'

    Your joking, decades in parliament in a safe as houses seat with all those perks and you're not an elite? Married to the daughter of a Baron and living in a country estate not an elite?
  • jimjames
    jimjames Posts: 17,592 Forumite
    Photogenic Name Dropper First Anniversary First Post
    Gambler101 wrote: »
    There wasnt all this fuss when we voted to join the common market in 1975, the leavers accepted the will of the people.
    Maybe one other difference was that the result was very clear cut with over 2/3 majority and arguably not the same level of lies and misinformation put out without social media.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • bery_451
    bery_451 Posts: 1,807 Forumite
    Name Dropper First Post First Anniversary Combo Breaker
    Pound is at 1.11 Euro, it seems the £ is on its way to recovery from its all time low price. Those who invested in the £ when I started this thread will make a huge tons of money ;)
  • Uxb
    Uxb Posts: 1,340 Forumite
    Glen_Clark wrote: »
    The notion we have to leave because thats what people voted for has a big flaw. The reality is nobody will get what they voted for because those who voted to leave were promised, and voted for, things they can't have. :(

    Well we are:
    Never EVER again is the unaccountable EU going to tell the UK government elected by us what laws to pass and what laws are illegal according to the EU.
    The vote to leave was not about economics it was about self determination.
    The former Eastern bloc countries are now discovering the true nature of the EU with recent EU court ruling saying the EU can force them to accept migrants.

    The latest proposed insanity from the EU is a draft directive is that all human carrying capable vehicles involving some form of mechanical/electrical propulsion must be fully insured at all times regardless if they are only kept or used on private land.
    So that would put an end to the UK's SORN principle for off-road cars and mean that sit-on lawn mower kept in your shed/back garden must be fully insured...as will golf buggys, farm vehicles, fairground dodgems, electric assist cycles, mobility scooters etc
    The EU simply cannot stop can it in its meddling.......
  • Uxb wrote: »
    The latest proposed insanity from the EU is a draft directive is that all human carrying capable vehicles involving some form of mechanical/electrical propulsion must be fully insured at all times regardless if they are only kept or used on private land.
    So that would put an end to the UK's SORN principle for off-road cars and mean that sit-on lawn mower kept in your shed/back garden must be fully insured...as will golf buggys, farm vehicles, fairground dodgems, electric assist cycles, mobility scooters etc
    The EU simply cannot stop can it in its meddling.......

    Sigh- the usual uninformed nonsense.

    Firstly the UK government voted to support the EU Insurance Directive in 2009, so if you want to blame anyone, contact your MP.

    Secondly the EU acknowledges the problems caused by the ECJ's interpretation of ambiguous wording in the European Insurance Directive. Which is why the UK government issued a consideration of the impact in Dec 2016. And why the EU issued an Inception of Impact study into the ruling in order to make a decision on how best to modify the directive.

    But you go right ahead and carry on with your "the EU is baaad" narrative.
  • JohnRo
    JohnRo Posts: 2,887 Forumite
    First Anniversary Combo Breaker First Post
    jimjames wrote: »
    Maybe one other difference was that the result was very clear cut with over 2/3 majority and arguably not the same level of lies and misinformation put out without social media.

    Also pre Goddess, who caused many of the problems those now blaming the EU and voting to leave seem oblivious to.
    'We don't need to be smarter than the rest; we need to be more disciplined than the rest.' - WB
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