Hard or Soft Brexit?

[Another Surrey Shrimper]

It is but they have an operating margin of approx 15 per cent, and are highly profitable.

I don't blame them for trying it on, but there is no way at present Tesco would pass these costs onto the consumer.

The outcome of all this will be that shares in both companies will take a hit.

yeah, I certainly wouldn't champion either company but as Ms May kept telling us 'change is gonna come' and big exchange rate change has lots of consequences both good and bad and not always in the most obvious way

 

[callan]

https://www.theguardian.com/politic...dum-bill-scottish-independence-snp-conference

Krankie comes out fighting....

 

[southendkid]

Not to mention Marmite is made in the UK.

A lot of what they own (and are also raising the prices for) isn't though, plus they are half Dutch so they need to convert money all the time.

 

[Tangled up in Blue]

https://www.theguardian.com/politic...dum-bill-scottish-independence-snp-conference

Krankie comes out fighting....

This (ie another Scottish independence referendum) will become a reality a few years down the track.

 

[Yorkshire Blue]

Big court case today on the government's authority to serve Article 50 notice.

My own reading of it is that the executive does not have authority to do this and this power resides with Parliament, although I think it may need the Supreme Court to come to this decision (whatever the result this will end up being appealed there).

The Attorney General himself is leading the government's case. Would be pretty humiliating to the government to attempt to do something they don't have the power to do - although May has much previous for this.

 

[callan]

Big court case today on the government's authority to serve Article 50 notice.

My own reading of it is that the executive does not have authority to do this and this power resides with Parliament, although I think it may need the Supreme Court to come to this decision (whatever the result this will end up being appealed there).

The Attorney General himself is leading the government's case. Would be pretty humiliating to the government to attempt to do something they don't have the power to do - although May has much previous for this.

This is the Royal prerogative Mis (use) ?

 

[Yorkshire Blue]

This is the Royal prerogative Mis (use) ?

Yes, although I think the NI case may be being heard today as well.

 

[Tangled up in Blue]

https://www.theguardian.com/busines...sets-out-of-uk-by-2017-if-eu-passport-is-lost

Losing passporting rights in the EU would be a game changer for UK banks in the event of a hard Brexit.

 

[Uncle Leo]

What a complete prat.

 

[Benfleet A1]

https://www.theguardian.com/busines...sets-out-of-uk-by-2017-if-eu-passport-is-lost

Losing passporting rights in the EU would be a game changer for UK banks in the event of a hard Brexit.

Can a mod please move this to the 'Whats Making You Happy' thread.

 

[Tangled up in Blue]

Can a mod please move this to the 'Whats Making You Happy' thread.

I'm sure you realise that lots of city types live in Southend?

If this goes through, they might have to up sticks to Dublin,Paris of Frankfurt.Or even Singapore.

 

[Tangled up in Blue]

https://www.theguardian.com/world/2...-brexit-uncertainty-to-lure-firms-from-london

"We're all off to Dublin in the green.Dublin in the green." :winking:

 

[callan]

https://www.theguardian.com/world/2...-brexit-uncertainty-to-lure-firms-from-london

"We're all off to Dublin in the green.Dublin in the green." :winking:

Which Banks and when?....hopefully before the British Tax payer has to bail them out again eh?

No doubt any Bank that does decide to move out of the city and into Europe, will be looking forward to the standardised banking and corporate tax arrangements that are being organised by the EU, which the City can remain free of.

 

[callan]

What a complete prat.

Signed.

Not because I agree with it, but I thought it might be fun for Barna to do some jail time.

 

[Benfleet A1]

I'm sure you realise that lots of city types live in Southend?

If this goes through, they might have to up sticks to Dublin,Paris of Frankfurt.Or even Singapore.

Since when did you give a monkeys about city types in Southend or anywhere else. It was nothing more than one of your usual negative trolling exercises just to get a reaction, which I was stupid enough to give.

 

[Tangled up in Blue]

Signed.

Not because I agree with it, but I thought it might be fun for Barna to do some jail time.

I have spent a night in the cells,in my time,thanks.

Since when did you give a monkeys about city types in Southend or anywhere else. It was nothing more than one of your usual negative trolling exercises just to get a reaction, which I was stupid enough to give.

FYI,some of my best friends in Southend (along with one of my brothers in London) are city types.

 

[Medway Blue]

I hate the terms "hard Brexit" and "soft Brexit". What I want is the UK to leave the EU. No half-measures. If we end up remaining part of the single market, paying into it, accepting its rules and remaining unable to set our own tarriffs or strike our own trade deals with other countries then what's the point?

If a free trade deal of some description which does not involve being members of the common market could be agreed with the EU for the mutual benefit of both parties (and let's face facts, as much as either side tries to play the big "I am", this route would be beneficial for both parties) then great. Or some sort of passporting agreement for financial services only. But I wish for us to become an autonomous trading nation and to make the most of the advantages that it will offer and I wouldn't want many compromises in that regard.

 

[Medway Blue]

Hollande says we'all be treated "hard" if we go for "hard Brexit".

Oh these European leaders really are pathetic.

 

[Tangled up in Blue]

I hate the terms "hard Brexit" and "soft Brexit". What I want is the UK to leave the EU. No half-measures. If we end up remaining part of the single market, paying into it, accepting its rules and remaining unable to set our own tarriffs or strike our own trade deals with other countries then what's the point?

If a free trade deal of some description which does not involve being members of the common market could be agreed with the EU for the mutual benefit of both parties (and let's face facts, as much as either side tries to play the big "I am", this route would be beneficial for both parties) then great. Or some sort of passporting agreement for financial services only. But I wish for us to become an autonomous trading nation and to make the most of the advantages that it will offer and I wouldn't want many compromises in that regard.

I doubt whether there's much chance of the UK "remaining part of the single market." But we'll all just have to wait and see until article 50 is finally invoked next March.

I would have thought that "some sort of passporting agreement for financial services only" would be the only likely deal on the table.And there might well be a high price to pay for that in term of free movement of labour.

 

[Massimo Giovanni]

I doubt whether there's much chance of the UK "remaining part of the single market." But we'll all just have to wait and see until article 50 is finally invoked next March.

I would have thought that "some sort of passporting agreement for financial services only" would be the only likely deal on the table.And there might well be a high price to pay for that in term of free movement of labour.

There is a BIG issue, movement of labour is one thing; BUT free NHS care, schooling, housing, DSS, wage top up, deportation of criminals, & family allowance payments sent back to Eastern Europe for children who may or may not live etc are all bargaining and discussion areas that the EU has (with the part deal offered to Cammie) shown it has some understanding of.