Hard or Soft Brexit?

[Gremlin]

If the 'will of the people' is TRULY the driving force behind what this is about, why should ANY voters be scared about a certifying referendum when the people of the country are now more informed about the issues and even more informed about what the specific next steps might be?

Indeed, I suggested a referendum to certify the terms of Exit. I don't think it'll happen mind.

 

[Uncle Leo]

You know what, you are one jumped up fool,you think your sooooo smart,your the embarrassment dear old Yorky.

'Your' the embarrassment round here.

 

[Rusty Shackleford]

We voted leave, so we need to leave. If we voted remain, I can only imagine the outrage if pro-Brexit Tories insisted on a second referendum.

 

[RHB]

We voted leave, so we need to leave. If we voted remain, I can only imagine the outrage if pro-Brexit Tories insisted on a second referendum.

Did you get the opportunity to vote then Donald?

 

[rigsby]

We voted leave, so we need to leave. If we voted remain, I can only imagine the outrage if pro-Brexit Tories insisted on a second referendum.

We would never lower ourselves to such an embarrassing whinge. They would only lose again by a bigger margin.

 

[Rusty Shackleford]

Did you get the opportunity to vote then Donald?

Yes thanks. And like the majority of voters, I voted leave.

 

[RHB]

Business leaders plead against 'hard' Brexit

http://www.bbc.co.uk/news/business-37592866

 

[manor15]

[barna] Interesting take on it here from Lord Kerr, who wrote Article 50, arguing that there should be a vote on a hard Brexit or general election as what they are currently hoping for differs from much of what Vote Leave said given that they, like everyone, had no idea of what would happen. https://www.theguardian.com/politics/2016/oct/08/article-50-lord-kerr-calls-vote-brexit-terms [/barna]

 

[yogi bear up the cagire]

David Bloom, HSBC’s global head of FX, said the currency is now “de facto official opposition to the Government’s policies”.

"The argument which is still presented to us, that the UK and EU will resolve their difference and come to an amicable deal, appears a little surreal. It is becoming clear that many European countries will come to the negotiation table looking for political damage limitation rather than economic damage limitation. A lose-lose situation is the inevitable outcome,” Mr Bloom said.

 

[Gremlin]

David Bloom, HSBC’s global head of FX, said the currency is now “de facto official opposition to the Government’s policies”.

"The argument which is still presented to us, that the UK and EU will resolve their difference and come to an amicable deal, appears a little surreal. It is becoming clear that many European countries will come to the negotiation table looking for political damage limitation rather than economic damage limitation. A lose-lose situation is the inevitable outcome,” Mr Bloom said.

Or to paraphrase:

1. A bloke you've never heard of who works for a bank has an opinion
2. Exchange rates sometimes react to events

 

[yogi bear up the cagire]

...............and a leaked paper by some bloke you should never have heard of, who once worked in the treasury.........

https://www.theguardian.com/politics/2016/oct/11/hard-brexit-treasury-66bn-eu-single-market

 

[Another Surrey Shrimper]

Or to paraphrase:

1. A bloke you've never heard of who works for a bank has an opinion
2. Exchange rates sometimes react to events

2. Nail on head. Exchange rates react to events. The event hasn't even happened yet and at Southend airport yesterday one Euro would buy you less than one pound.

 

[Tangled up in Blue]

2. Nail on head. Exchange rates react to events. The event hasn't even happened yet and at Southend airport yesterday one Euro would buy you less than one pound.

And at quite a few other airports too.

http://www.bbc.com/news/business-37609114

 

[rigsby]

2. Nail on head. Exchange rates react to events. The event hasn't even happened yet and at Southend airport yesterday one Euro would buy you less than one pound.

It always has but I think I know what you mean.

That's why bookings are up with all the independent B&B's in Southend. So good news all round.

 

[Another Surrey Shrimper]

It always has but I think I know what you mean.

That's why bookings are up with all the independent B&B's in Southend. So good news all round.

in someways its obviously a good thing - our goods are cheaper to sell overseas, we attract more tourists (I think one of the aims of Leave was to attract more foreigners to the country!) but the economy needs stability and this doesn't provide that.

 

[Gremlin]

2. Nail on head. Exchange rates react to events. The event hasn't even happened yet and at Southend airport yesterday one Euro would buy you less than one pound.

And at quite a few other airports too.

http://www.bbc.com/news/business-37609114

Your points being....?

 

[Another Surrey Shrimper]

Your points being....?

Mine was the same as yours - exchange rates react to events. Barna was agreeing with me, I was agreeing with you, in a rare Shrimperzone moment we all agreed!

 

[Another Surrey Shrimper]

Is it just me or does everyone else keep singing Pet Shop Boys in their head 'which do you choose a hard or soft option'?

 

[Tangled up in Blue]

http://www.bbc.com/news/business-37616750

I was interested to hear Ken Clarke on the Daily Politics point out that the pound had effectively been devalued by 40% since the financial crash of 2008.

Surely that amount of devaluation is too much of a good thing?

 

[callan]

http://www.bbc.com/news/business-37616750

I was interested to hear Ken Clarke on the Daily Politics point out that the pound had effectively been devalued by 40% since the financial crash of 2008.

Surely that amount of devaluation is too much of a good thing?

I think the pound has actually devalued by around 80 per cent from the 1960's, begging the question what is it's true value?