That's like asking what impact an increase in the price of a barrel of oil has on the price at the pump the same day it happens.
Poll: The EU Referendum: How Will You Vote? (June Poll)
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That's like asking what impact an increase in the price of a barrel of oil has on the price at the pump the same day it happens.
More expensive imported goods (which is around 80% of everything we buy)
Which when working for a company which imports lots of products makes us put prices up on our goods, which in turn makes the end user pay a higher price.
The end user is you.
It was announced what, 4 months ago ?
/shrug - inflation is running at historic low levels, our economy can certainly take some price rises.
Wait, increased prices are nothing to be concerned about now? Ok money-bags, lend us a quid
Too much inflation is a bad thing, but so too is not enough. Remember when the Bank of England had a target inflation rate of 2%? That wasn't a maximum inflation figure - they were supposed to keep it close to 2%.
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Affects my purchasing costs.
Prices haven't changed on anything though, short term changes have no effect on the average person.
Also we now have a completely new headline on the BBC about Blair and Major saying we should Remain, and the JCB boss who backs Brexit has disappeared completely. We already know Blair and Major want us to remain, this is nothing new
Soldato
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Honest question: what are the drivers on the value of the pound and is Brexit uncertainty the strongest of them?
I have to imagine that the fialure of the Government to meet it's deficit commitments, the slowing of GDP growth, Eurozone instability or the recent changes in oil price might also be affecting the pound. How much is correlation and how much is causation?
The pound regularly moves is the current move less or more significant than previous ones and is the impact short and long term enough to outweigh any percieved benefits to Brexit. The Remain crystal ball is probably just as self serving as the Leave one.
I have to imagine that the fialure of the Government to meet it's deficit commitments, the slowing of GDP growth, Eurozone instability or the recent changes in oil price might also be affecting the pound. How much is correlation and how much is causation?
The pound regularly moves is the current move less or more significant than previous ones and is the impact short and long term enough to outweigh any percieved benefits to Brexit. The Remain crystal ball is probably just as self serving as the Leave one.
Soldato
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http://www.bbc.co.uk/news/uk-36485985
its literally right next to the Blair / Major story on the referendum page
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The EU isn't some abstract "thing", it's made up of the elected representatives of the member countries. If enough of them agree it needs reforming, it will.
But is not democratically accountable or inclusive of fairness to individual nation states.
It wont reform itself in the way many envisage, it has too much power and gives others suzerainty who are not in any way shape or form accountable. If enough agree? No if all agree.
I met a second remainer today... That was until she spoke to me for ten minutes and is now firmly voting out
The economy could, could all the people?
Frankly, the country needs more inflation - we'd be better running with an inflation rate of around 4-5% - however, the cause of that inflation also matters. We need domestically driven inflation - and matching wage inflation - but externally driven inflation is rather different. We would experience an increase in prices with no matching increase in wages, which would hurt everyone's bank balance and harm our retail economy. A weaker pound does have some upside, since it helps our exports a bit but since many of our exports use imported raw materials, it helps less than you might imagine.
not really, when you look back at the £ - $ or £ - Euro* graphs over the last few years its fluctuated more than in the past few months
*Logitec obviously thinks were better out of the EU as they havnt put a Euro key on my keyboard
Yes.
The lowest earners would take the hit.
Same for the village FB group I'm in. Leave seems much stronger, and this in an affluent area not renowned for its immigrant ghettos...
Soldato
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Every Youtube vid about the EU Ref has comments section full of pro Brexiters. It’s very rare to see pro Remain comments.
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