[Politics] Brexit

The Clamp said:

Yep, and Britain will become a tax haven as we let income tax slide to guarantee corporations still see us as attractive. Combine that with wealth disparity safeguards disappearing overnight and funding for some of the poorest communities in the land being withdrawn and the gap between the haves and have nots is going to increase to truly unmanageable scales and there is not going to be much of a welfare system to catch those that fall or workers rights to protect those lucky enough to be in work. It's a royal **** up and it's not even begun yet.

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Jim in the West said:

My thoughts exactly. Add to that very low (or negative) interest rates causing asset prices to climb - further enriching the "haves". There's an interesting survey of consumer confidence out today. It shows that consumer confidence has dropped by the largest amount since 1994. The interesting bit, though, is that the drop in the North of England is 19 percentage points, whereas in the South it is only down 2 percentage points. So, down here we generally voted Remain, are pissed off that Brexit won, but we recognise (generally) that we are reasonably well off and we'll survive. Our Northern chums, who largely voted Leave, have got what they wanted, but are suddenly realising that disaster is looming, and that life after Brexit is going to be pretty tough. They are the losers!

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Soulman said:

And in a sign that Britain can prosper outside the EU, an Indian business leader described a trade agreement with the UK as a deal ‘almost made in heaven’.

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Soulman said:

Cheer up.

"""What a difference in two weeks! Project Fear mastermind Osborne now says City will THRIVE following Brexit and remain the world's dominant financial centre

George Osborne and the Wall Street banking giants which helped bankroll the Remain campaign yesterday issued a resounding vote of confidence in the City of London
In a joint statement with the Chancellor, investment banks including Goldman Sachs, Morgan Stanley and JP Morgan pledged to ensure the City of London remains the world’s dominant financial centre when it leaves the EU""

Britain’s economy has picked up pace despite doom-laden warnings over the prospect of Brexit.

Figures yesterday showed the recovery is in far better shape than feared with industry clocking up its fastest rate of growth for six years.

Industrial production rose by 1.9 per cent in the three months to May, according to the Office for National Statistics – the strongest performance since the three months to May 2010.

And in a sign that Britain can prosper outside the EU, an Indian business leader described a trade agreement with the UK as a deal ‘almost made in heaven’.
Chinese officials have also made encouraging noises, claiming the Brexit vote has made a trade deal with Britain more likely.

The economy looks set to get a further boost next week with analysts saying there is a near 80 per cent chance that interest rates will be cut once again.

Rates have been at a historic low of 0.5 per cent since March 2009, but it is now thought the Bank of England will cut them to 0.25 per cent on Thursday to keep the economy moving.

Talk of rate cuts came as the FTSE 100 index rose 1.1 per cent yesterday and government borrowing costs hit a record low, in a sign that international investors still have faith in the UK following Brexit.

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The Clamp said:

Big thumbs, small phone. Edited for clarity. Trying to score points on phone use is again, unhelpful to the debate.

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The Clamp said:

Oh I'm sure the bankers will be fine. I'm sure massive corporation owners will be fine. And I'm sure the financial future looks rosy for Osborne and his cronies. It's all the rest of us I worry about.

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Soulman said:

No change then from when we were in the EU then.

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The Clamp said:

Ha, well yes, except now the funding from the EU that kept some communities afloat will be gone and the deals cut to ensure we keep trading are going to rape the average worker. I'm sure financially we will be okay as far as trading goes but at what cost?

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Soulman said:

This is what we shall see. The cost may be that instead of getting a rebate of our own money from the EU, then told what we can fund in the communities, perhaps we can use the money that we are not putting in to fund projects of our choice. Just a thought.

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Soulman said:

Cheer up.

"""What a difference in two weeks! Project Fear mastermind Osborne now says City will THRIVE following Brexit and remain the world's dominant financial centre

George Osborne and the Wall Street banking giants which helped bankroll the Remain campaign yesterday issued a resounding vote of confidence in the City of London
In a joint statement with the Chancellor, investment banks including Goldman Sachs, Morgan Stanley and JP Morgan pledged to ensure the City of London remains the world’s dominant financial centre when it leaves the EU""

Britain’s economy has picked up pace despite doom-laden warnings over the prospect of Brexit.

Figures yesterday showed the recovery is in far better shape than feared with industry clocking up its fastest rate of growth for six years.

Industrial production rose by 1.9 per cent in the three months to May, according to the Office for National Statistics – the strongest performance since the three months to May 2010.

And in a sign that Britain can prosper outside the EU, an Indian business leader described a trade agreement with the UK as a deal ‘almost made in heaven’.
Chinese officials have also made encouraging noises, claiming the Brexit vote has made a trade deal with Britain more likely.

The economy looks set to get a further boost next week with analysts saying there is a near 80 per cent chance that interest rates will be cut once again.

Rates have been at a historic low of 0.5 per cent since March 2009, but it is now thought the Bank of England will cut them to 0.25 per cent on Thursday to keep the economy moving.

Talk of rate cuts came as the FTSE 100 index rose 1.1 per cent yesterday and government borrowing costs hit a record low, in a sign that international investors still have faith in the UK following Brexit.

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Jim in the West said:

Just a word of warning - the fact that the economy performed well BEFORE the Referendum does not mean things are rosy now! And the fact that the BoE will likely cut interest rates is NOT good news. They're only having to do this because demand is weakening dramatically. I'd love to have your optimism, but the examples you quote above are definitely NOT signs of a positive future.

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Soulman said:

Cheer up.

"""What a difference in two weeks! Project Fear mastermind Osborne now says City will THRIVE following Brexit and remain the world's dominant financial centre

George Osborne and the Wall Street banking giants which helped bankroll the Remain campaign yesterday issued a resounding vote of confidence in the City of London
In a joint statement with the Chancellor, investment banks including Goldman Sachs, Morgan Stanley and JP Morgan pledged to ensure the City of London remains the world’s dominant financial centre when it leaves the EU""

Britain’s economy has picked up pace despite doom-laden warnings over the prospect of Brexit.

Figures yesterday showed the recovery is in far better shape than feared with industry clocking up its fastest rate of growth for six years.

Industrial production rose by 1.9 per cent in the three months to May, according to the Office for National Statistics – the strongest performance since the three months to May 2010.

And in a sign that Britain can prosper outside the EU, an Indian business leader described a trade agreement with the UK as a deal ‘almost made in heaven’.
Chinese officials have also made encouraging noises, claiming the Brexit vote has made a trade deal with Britain more likely.

The economy looks set to get a further boost next week with analysts saying there is a near 80 per cent chance that interest rates will be cut once again.

Rates have been at a historic low of 0.5 per cent since March 2009, but it is now thought the Bank of England will cut them to 0.25 per cent on Thursday to keep the economy moving.

Talk of rate cuts came as the FTSE 100 index rose 1.1 per cent yesterday and government borrowing costs hit a record low, in a sign that international investors still have faith in the UK following Brexit.

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SK1NT said:

I'll stick to the real facts and not the facts from a site called migration watch

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SK1NT said:

EU Migration less than half of all migration - Among the real facts – based on UK government statistics – are the following.
As Mark Harper, the Immigration Minister, said repeatedly on the BBC’s Question Time on Thursday 17 October, according to the Office for National Statistics, less than a third of net migration to the UK in recent years has been from the European Union.

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ManOfSussex said:

]

Indian business leaders seem to say Brexit is good for Indian business and India and welcomes a free trade deal that could create lots of new jobs in India, but at the same time conceded that Indian businesses in The UK may also rethink in regards to The EU, such as relocating there from here, as well as continuing to operate here. Doesn't seem to mention British jobs though.

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nicko31 said:

Will people stopping going on about the FTSE 100, its doing well as largely driven by foreign earnings that are up due to the weak pound. Basically the rest of the world doesn't care about the UK much

The FTSE 250 is a better gauge of the UK, look at banking, insurance, house builders and retail, 30% down or more. Look at Lloyds, RBS, Barratt, L&G. They are pricing in a recession

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Soulman said:

"British jobs"
While frustrated Remain campaigners continue to speak of economic Armageddon, a very significant move happened yesterday. Business secretary Sajid Javid flew off to Delhi to begin preliminary negotiations for a trade deal between Britain and India. It is significant because this is exactly the sort of deal that we have been forbidden from doing for the past 43 years. As members of the EU we are forbidden from signing our own trade deals with third countries. Instead, we must rely on deals collectively negotiated with the EU.

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Soulman said:

Cheer up.

"""What a difference in two weeks! Project Fear mastermind Osborne now says City will THRIVE following Brexit and remain the world's dominant financial centre

George Osborne and the Wall Street banking giants which helped bankroll the Remain campaign yesterday issued a resounding vote of confidence in the City of London
In a joint statement with the Chancellor, investment banks including Goldman Sachs, Morgan Stanley and JP Morgan pledged to ensure the City of London remains the world’s dominant financial centre when it leaves the EU""

Britain’s economy has picked up pace despite doom-laden warnings over the prospect of Brexit.

Figures yesterday showed the recovery is in far better shape than feared with industry clocking up its fastest rate of growth for six years.

Industrial production rose by 1.9 per cent in the three months to May, according to the Office for National Statistics – the strongest performance since the three months to May 2010.

And in a sign that Britain can prosper outside the EU, an Indian business leader described a trade agreement with the UK as a deal ‘almost made in heaven’.
Chinese officials have also made encouraging noises, claiming the Brexit vote has made a trade deal with Britain more likely.

The economy looks set to get a further boost next week with analysts saying there is a near 80 per cent chance that interest rates will be cut once again.

Rates have been at a historic low of 0.5 per cent since March 2009, but it is now thought the Bank of England will cut them to 0.25 per cent on Thursday to keep the economy moving.

Talk of rate cuts came as the FTSE 100 index rose 1.1 per cent yesterday and government borrowing costs hit a record low, in a sign that international investors still have faith in the UK following Brexit.

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pastafarian said:

what part of their methodology and findings did you not agree with.



ok,EU migration is around under a 1/2 to 1/3 of all migration
thats not 0.5% though is it





you seem to have shifted the goalposts and added in access to the single market
i guess this is a positive as you now realise saying if we want to trade with the EU we have to accept free movement is factually incorrect





No it doesnt, The pretty picture showed why people voted with a breakdown of labour voters and conservative voters and also( very clearly marked) OVERALL UK voters
i cant help you much if you cant see something thats staring you right in the face.

The number one issue according to this poll was "the principle that decisions about The UK should be taken in The UK"
You see that and read it as the main issue was foreigners.Says quite a lot about you,how entrenched you are with irrational thinking and how you process information

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