Poll: The Official OcUK EU Referendum Exit poll (and results discussion thread)

[wordy]

Voting leave has just made it more likely - without the objections from other EU countries our government is free to make a trade deal that fits what they want.

Which from all the TTIP stuff may well be the opposite of what you voted leave about.

True, the government being as hell bent on it as it is then there is the risk, but they'll have to get it past the electorate, or implemented in between elections like Nate said. If it's a damaging as it appears, then the next election the opposition could make a massive issue about it & seek to get it binned.

If it does get past the electorate, it will have been our decision at least.

 

[Adnams Drinker]

For crying out loud, someone needs to tell the BBC to get a grip of their Brexit reaction team. They've just shown a picture of a National Front protest in Newcastle consisting of a whole 4 people as if that's in some way related to the referendum.

Somebody posted a clip of something similar on Twitter earlier - some dopey BBC bint was breathlessly describing angry scenes near Parliament ... in reality it was some coffin dodger waving a couple of placards and shouting. What made it even more comical was the fact his dog appeared to be humping his leg at the time ...

 

[Judgeneo]

That Eurozone economies are in big trouble, way worse than any short term Brexit impact, and I tried to point this out many times in the previous threads. The Euro is in serious trouble, they've been kicking the can down the road up to now.

Besides, UK equities were lower even just earlier this year:

FTSE 250 is down 7%, to 16,088. It almost hit 15,000 back in February.
FTSE 100 is down 3%, to 6,138. It was below 5,500 back in February.

Compare that to Italy’s FTSE MIB and Spain's IBEX, both down 12.5% and Athens equities down 13.5%.

FTSE 100 is already back to what it was pre-referendum.

The only major economic change has been in the value of the pound, and thats not even necessarily a bad thing

 

[Cosimo]

I can't wait to buy a more powerful vacuum cleaner

Dyson will sell you the UK Megawatt Cleaner, cleans the whole street in one clean and gives a free lifetime direct debit to your energy company.

 

[Jono8]

FTSE 100 is already back to what it was pre-referendum.

The only major economic change has been in the value of the pound, and thats not even necessarily a bad thing

*sigh*

 

[wildman]

The real issue now is getting the right conservative leader with good financial acumen and negotiating skills to get ahead with a positive direction on the right trade deals, priorities, not being too soft or over committing to make hasty poor long term deals.

The fact that the EU want us to leave ASAP should be used to our advantage to push for a good deal and get them to sign off on it.

no, the EU will push for a deal that ensures the stability of the EU and does not include the reduction of their core tenets such as freedom of movement. The UK will get what they are given and likely have to walk away and be happy about it and then work out how to sell that **** sandwich to the electorate they just lied to about 350 million for the NHS and no more EU migration, because neither of those fantasies will ever come to pass

 

[SteveOBHave]

On the subject of having a clue. Who here had confidence that anyone about to step in to fill the political void for the UK is going to do anything different or in the interests of the typical leave voter? Or is it more likely that they're going to do what is best for them and their party for the next 3 years?

 

[[TW]Fox]

Scotland seems to demonstrate we can have continual referendums until they give the 'right' answer so if they get another one do we?

 

[Mulder]

Again, financial markets have been pricing in the brexit for months and months. We've been suffering because of the uncertainty of this referendum for ages.

Not sure about that. One of the reasons for the change in GBP/USD is that the market assumed a remain vote so it had been on a bull rally for a while....

Yes financial markets don't like uncertainty, but you can't compromise on democracy for that. Besides it won't last long.

 

[Nate--IRL--]

It's official, hell has frozen over...

https://twitter.com/ianpaisleymp/status/746316224024481792?ref_src=twsrc^tfw

Nate

 

[Amp34]

Source please.

Source for what? Import duties?

You either have free trade (deals) or you generally pay import duties.

I guess I could point you to the hmrc website on import duties of you like, but I didn't think I'd need to based on the common knowledge of import duties and how they work.

Considering free trade will almost certainly only come on the proviso of free movement, which is one of the reasons people voted leave, it's quite likely that there may be import duties for British business's exporting to the EU and for British organisations importing from the EU, just like the current cost of importing form the US, Canada, China and much of the rest of the world.

 

[Darujhistan]

It's official, hell has frozen over...

https://twitter.com/ianpaisleymp/status/746316224024481792?ref_src=twsrc^tfw

Nate

Got to be a syrup.

 

[Jono8]

Not sure about that. One of the reasons for the change in GBP/USD is that the market assumed a remain vote so it had been on a bull rally for a while....

Yes financial markets don't like uncertainty, but you can't compromise on democracy for that. Besides it won't last long.

No it shot up to 1.51 GBP to USD and 1.31 GBP to EUR in the days running up as remain was odds on to win. It was forecast to go back to 2015 levels of near 1.6 GBP/USD and 1.4 GBP/EUR

The USD exchange is the lowest for 31 years! How can anyone say this is not significant is beyond me.

http://www.exchangerates.org.uk/new...us-dollar-exchange-rate-news-and-outlook.html

 

[SteveOBHave]

Head.... Sand....

 

[davewhite04]

Again, financial markets have been pricing in the brexit for months and months. We've been suffering because of the uncertainty of this referendum for ages.

They should have told the bookies at least?

 

[Angerer]

Amazing how anyone in the UK believes we can be part of a Union of other countries. We cannot even unite in this country and accept a democratic vote.

It defies belief the comments by people who think that certain votes should be discarded or void due to education or class.

The sorriest thing about this referendum is to see how this country is in reverse gear regarding democracy.

For better or for worse we need to press on united, I understand people are scared of the unknown however this country has a long history of coming back strong from difficult times.

+1

 

[Jono8]

They should have told the bookies at least?

eh?

The currency markets by some degree followed the odds with the bookies (but obviously not exclusively). There was still always an inherent risk involved.

 

[Tefal]

no, the EU will push for a deal that ensures the stability of the EU and does not include the reduction of their core tenets such as freedom of movement. The UK will get what they are given and likely have to walk away and be happy about it and then work out how to sell that **** sandwich to the electorate they just lied to about 350 million for the NHS and no more EU migration, because neither of those fantasies will ever come to pass

People keep posting this crap as if the EU is completely free of financial problem and a fpuntain of pure money that can afford lengthy negotiations ir bad deals.

And just needs to throw britian scraps.

Its not the EU got his hard, possibly harder than us on the brexit announcement it needs a quick amicable deal deal more than the uk does if it wants to survive and stay together.

 

[Jono8]

People keep posting this crap as if the EU is completely free of financial problem and a fpuntain of pure money that can afford lengthy negotiations ir bad deals.

And just needs to throw britian scraps.

Its not the EU got his hard, possibly harder than us on the brexit announcement it needs a quick amicable deal deal more than the uk does if it wants to survive and stay together.

You still think we will get free trade like the rest of the EU members, but without freedom of movement don't you

 

[Tefal]

Source for what? Import duties?

You either have free trade (deals) or you generally pay import duties.

I guess I could point you to the hmrc website on import duties of you like, but I didn't think I'd need to based on the common knowledge of import duties and how they work.

Considering free trade will almost certainly only come on the proviso of free movement, which is one of the reasons people voted leave, it's quite likely that there may be import duties for British business's exporting to the EU and for British organisations importing from the EU, just like the current cost of importing form the US, Canada, China and much of the rest of the world.

So why did south korea manage to get free trade on 98%of goods?

With no free movement?

What gave SK such huge power over the eu?