Brexit thread - what happens next

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sityeuropa said:
The FTSE is nearly back to pre Brexit, even at the inflated prediction of a remain.

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First two days drop were sheer panic. It will be steady for some time until article 50 is triggered... a lot depends on negotiations... pre-jitters are out , but not out of the water by a long shot.
 
sityeuropa said:
The FTSE is nearly back to pre Brexit, even at the inflated prediction of a remain.

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I think people trying to make arguments either way as a result of short term volatility in equities are being a bit silly...

a day or two ago when markets were dropping the remainers/project fear lot were feeling all vindicated as the apocalypse had seemingly started and now some leavers are feeling vindicated when it bounces back... it is nonsense either way - we've not even started negotiations :)

also do remember that that index is denominated in GBP and (thanks to us not doing anything silly like joining the Euro) our own free floating currency has done what it was supposed to do (the benefits of not being tied together in a fiscal union with other eurozone nations!). Ironically a fair few of the politicians beetling about the remain vote were also adamant that joining the euro was the 'right' thing to do too...
 
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dowie said:
increasing trade with the rest of the world, not tying ourselves to a block that is stagnating and has its own rather serious issues (in particular the Mediterranean countries), improved economic growth...
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As most of the World are in one block or another the EU, NAFTA, APEC, G20 you will have to trade on the terms of all their members have agreed.

Pan and Fire spring to mind.
 
Sleepery said:
Quite possibly Ireland (or at least Dublin), despite being so closely tied tradewise with the UK. Dublin's the obvious English speaking EU hub city alternative to London. We've already got a load of tech giants with their Euro headquarters here.

I'm just waiting for the boatloads of refugee bankers to start rolling up :D
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Indeed. With the same time zone it may be the first place banker's will re-locate.
 
do_ron_ron said:
As most of the World are in one block or another the EU, NAFTA, APEC, G20 you will have to trade on the terms of all their members have agreed.

Pan and Fire spring to mind.
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very pessimistic of you... we're perfectly capable of making our own agreements and/or linking up with others if needed

EFTA would be a good move... some sort of close arrangement with countries such as Australia, Canada, New Zealand etc.. would be a good long term move.
 
The only thing the stay are moaning about is the free access to the EU state.

Is this because

1-they are to lazy to fill in a visa\work permit visa
2-have a criminal record which the visa system would stop them.

For the life of me I can't think of any other reason. But please fill me in.
 
ChroniC said:
Because of the 90% of business.
10% of our GDP is exports to the EU. The rules they create restrictions on the way we manufactor, so we are losing out on trade with the rest of the world for 10% of our total business.
It makes sense to rid ourselves of them for that reason alone, so that we can become more competative with the world market which we are increasingly becoming more dependant apon.

People are blinkered into thinking that everything we make is bought by Europe and no one else. If you felt you were being held back on purpose so that your local neighbour doesn't lose out to you because your cheaper than him, then you would see the failing of the EU.
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That's not really how regulation works.

For example it's doubtful that a country would ban imports of pillowcases because hey were made from fire retardant materials, or cars because the engine is more efficient than their requirements.
 
Rilot said:
I really don't think Corbyn is going to go. He has the support of Labour party members and that's what he's all about. He thinks he's doing the right thing by sticking to his principles and the mandate to lead as set out by his election.
He's not going to get elected but I don't think the Labour part membership really care. They would rather have a leader who was at least slightly left wing but unelectable, than a centre-right leader who stands a chance.
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This is what i am unsure about, as it stands most of the shadow cabinet have walked away from JC, BUT, he has the support of a large majority of labour party members, which are in the 100's of thousands, the way i look at that is that he should stay, because it is what his supporters want and they massively outweigh the shadow cabinet don't they?

So if the shadow cabinet MPs who have gone against him dont support him, doesn't that mean they dont support their voters? If so what do they want? Whatever it is, they should not get it.

If i am totally reading it wrong then sorry.
 
joeyjojo said:
Er, kitch9's comment was about stopping in-work benefits, something I think Cameron got out of his negotiations (the "emergency brake").

We already had stopped out of work benefits for EU migrants, back in March 2015.
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It should be every single benefit. Even NHS. If you are not paying then you don't get the benefit.
 
Mr Jack said:
But we're not going to have no regulation, I mean we still want factories to not pollute our rivers, and we still want the toasters we buy not to explode. We're just going to have different regulation. Instead of working with our neighbours and using a common set of regulation, we're going to have our own set of slightly different rules. And their rules too, when we want to sell to them.

It's stupid.
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The "hilarious" part is that we will simply adopt them as ours rather than make new ones.
 
dowie said:
hardly a pipe dream... at least as far as Australia, Canada and New Zealand are concerned - quite a few from those countries would be very keen to forge greater links with us and to arrange better terms for movement of people between those countries
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Out of interest was there actually anything that banned us from doing that as part of the EU? Out of the schlagen area we were allowed to set our own visa terms and have our own visas for skilled workers for example, with someone with a skilled worker visa in the UK needing another visa to work/visit the rest of the EU.
 
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