[Politics] Brexit

[Triggaaar]

Cameron talked with Merkel on Sunday, he is talking with her again today.

No. No it is not a negotiation nor will it be.

So what the heck is it then?

Merely will say that there can be no negotiation until Article 50 is activated. Cameron will say he is leaving that to his successor.
Both will agree that until that time we remain full members with full obligations and benefits. End of discussion.

That was took all of thirty seconds on Sunday, what else did they talk about on Sunday, and what did they talk about today?

 

[Jim in the West]

Just came across the following irony (amongst the many ironies in this sorry mess):

- Workers at the Nissan plant in Sunderland now very worried about their future job prospects
- If we leave the EU, the cap on bankers bonuses would no longer apply....

I thought the population of Sunderland voted "Leave" in order to get their own back on rich bankers, etc....

A lot of pigeons are coming home to roost.

 

[The Fifth Column]

Just came across this:

Today the FTSE index ended up 2.64% at 6,140.39, while the FTSE 250 had gained 3.6%.
The pound also showed signs of recovery, rising 0.4% against the dollar to $1.3278 and adding 0.18% against the euro to €1.2018.

I thought we were plummeting into financial armageddon?

A lot of pigeons are coming home to roost.

 

[portslade seagull]

That's what we sell to Germany, we import

United States: US$127.2 billion (9.6% of total many exports)
France: $114.3 billion (8.6%)
United Kingdom: $98.7 billion (7.4%)
Netherlands: $81.9 billion (6.2%)
China: $79.7 billion (6.0%)

Don't think Germany will be slapping tariffs on us anytime soon! We import more than double than what we export to them.

Always said they will want a deal more than us. I would guess most major business's in the EU have already had a little word as they have so much to lose

 

[DataPoint]

Makes me sick.

Like the Welsh Team video - jumping for joy at Englands defeat.

 

[Guinness Boy]

Just came across the following irony (amongst the many ironies in this sorry mess):

- Workers at the Nissan plant in Sunderland now very worried about their future job prospects
- If we leave the EU, the cap on bankers bonuses would no longer apply....

I thought the population of Sunderland voted "Leave" in order to get their own back on rich bankers, etc....

A lot of pigeons are coming home to roost.

Probably 80 -90% of the people I know in Financial Services in London voted Remain (and I know a lot)!

 

[dazzer6666]

Probably 80 -90% of the people I know in Financial Services in London voted Remain (and I know a lot)!

Same here and agree with that estimate.

 

[Guinness Boy]

The pound also showed signs of recovery, rising 0.4% against the dollar to $1.3278 and adding 0.18% against the euro to €1.2018.

Rubbish. I was monitoring it Friday and it dropped to 1.31 before rallying to 1.37 / 1.38. It then dropped back to 1.33 on the opening of the American markets and has traded below that since.

Meanwhile the Euro is pummeling it. http://www.standard.co.uk/news/poli...s-to-struggle-after-brexit-vote-a3282681.html

 

[c0lz]

Just came across the following irony (amongst the many ironies in this sorry mess):

- Workers at the Nissan plant in Sunderland now very worried about their future job prospects
- If we leave the EU, the cap on bankers bonuses would no longer apply....

I thought the population of Sunderland voted "Leave" in order to get their own back on rich bankers, etc....

A lot of pigeons are coming home to roost.

Irony ? did the plant workers actually vote out then?

 

[symyjym]

That was took all of thirty seconds on Sunday, what else did they talk about on Sunday, and what did they talk about today?

Football probably. How well Germany has done and how we got smashed by Iceland.

 

[sir albion]

Probably 80 -90% of the people I know in Financial Services in London voted Remain (and I know a lot)!

Problem is you have many more people who earn peanuts elsewhere who would certainly have voted out rather than the posh people in the southeast.
I doubt anyone would expect anything but 80/90% in that sector

 

[portslade seagull]

More like looking after number 1

 

[Jim in the West]

Just came across this:

Today the FTSE index ended up 2.64% at 6,140.39, while the FTSE 250 had gained 3.6%.
The pound also showed signs of recovery, rising 0.4% against the dollar to $1.3278 and adding 0.18% against the euro to €1.2018.

I thought we were plummeting into financial armageddon?

A lot of pigeons are coming home to roost.

The road ahead is still very rocky - but markets stabilised somewhat today, mainly - I think - because it is becoming clearer that nothing much will happen quickly. And a consensus seems to be emerging that our future relationship with the EU will not be much different to that which we have at the moment. However, markets are incredibly jittery at the mo - even today Sterling ended the session going in the wrong direction, and isn't much above the 31-year low against the USD that it hit on Monday.

 

[Southern Scouse]

I understand that Jeremy Hunt would go for a second referendum if he successfully became prime minister. As a devastated labour leaver I would jump at the chance of this happening .
Seems our euro exit has affected me far more than a berk Tory PM would do. As a Labour, anti Jeremy , pro Europe voter I'm really in the poo.

 

[Jim in the West]

Irony ? did the plant workers actually vote out then?

Obviously I don't know - but Nissan is the biggest employer in Sunderland, and anyone with an ounce of sense would realise that (a) you don't want to risk Nissan buggering off, and (b) you need to attract more Nissans. The whole community should - logically - have been voting Remain. However, lots of people voted with their hearts, rather than their heads (and I can understand that, to a degree). The irony is that the emotional reason for voting Brexit was based on sticking two fingers up at "the establishment" - who are unlikely to be the losers in all this.

 

[severnside gull]

So what the heck is it then?
That was took all of thirty seconds on Sunday, what else did they talk about on Sunday, and what did they talk about today?

We are still full EU members and will continue to be so for at least two years.
We have duties as full members today no less than last week so for Cameron & Merkel (and for Boris & Mekel come September)?it is business as usual but NO NEGOTIATIONS on future relationships until we press the button on Article 50.

 

[Guinness Boy]

Problem is you have many more people who earn peanuts elsewhere who would certainly have voted out rather than the posh people in the southeast.
I doubt anyone would expect anything but 80/90% in that sector

More like looking after number 1

I don't think you've connected up my post to the one I've quoted. The point is / was that Nissan workers may have voted leave and lost their jobs (but we don't know for certain) and bankers will have voted to stay even though their bonuses are uncapped now. That's the opposite of looking after number one. If bank trading moves to Frankfurt then the talent will move with it, these are not people who choose to work in the City because they live near it.

 

[sir albion]

I understand that Jeremy Hunt would go for a second referendum if he successfully became prime minister. As a devastated labour leaver I would jump at the chance of this happening .
Seems our euro exit has affected me far more than a berk Tory PM would do. As a Labour, anti Jeremy , pro Europe voter I'm really in the poo.

Boriinnggggggg.....Christ we have some wet blankets in this country!!!
If it takes a recession then so be it....Freedom from this organisation is a wonderful thing and we've certainly had recessions while in the EU that's for sure.

 

[sir albion]

I don't think you've connected up my post to the one I've quoted. The point is / was that Nissan workers may have voted leave and lost their jobs (but we don't know for certain) and bankers will have voted to stay even though their bonuses are uncapped now. That's the opposite of looking after number one. If bank trading moves to Frankfurt then the talent will move with it, these are not people who choose to work in the City because they live near it.

I have no doubts the Nissan workers did vote to stay but obviously well outnumbered by the have nots in Sunderland...That was my point !!!!

 

[c0lz]

Obviously I don't know - but Nissan is the biggest employer in Sunderland, and anyone with an ounce of sense would realise that (a) you don't want to risk Nissan buggering off, and (b) you need to attract more Nissans. The whole community should - logically - have been voting Remain. However, lots of people voted with their hearts, rather than their heads (and I can understand that, to a degree). The irony is that the emotional reason for voting Brexit was based on sticking two fingers up at "the establishment" - who are unlikely to be the losers in all this.

Think they be Ok
Nissan to invest £100m in Sunderland plant back in september.
http://www.telegraph.co.uk/finance/...d-plant-as-new-Juke-gets-the-green-light.html