That referendum ...

[meellis]

Re: That referendum ...

I note that some people are saying "wheres the proof that companies will leave" well wheres the proof of countries coming forward with trade proposals?
That's part of the point I have been trying to make PT there is no proof that anything is going to happen just conjecture and forecasting. The only things of proof at the moment is the shock to the markets and sterling and it is difficult to state whether that is long term or just profiteering. We could be heading into the abyss or pastures fresher only time will tell. Hell of gamble is an understatement but most of life is a gamble you just try to shorten the odds with as much information as possible. People are saying that there was no plan for exit but logically the referendum wasn't to vote anybody in to command the ship so the only people with the plans should have been those that were democratically elected to run the country. Unfortunately it seems like everybody else they have done a runner.

[leclerc]

Re: That referendum ...

I'll answer the proof bit of countries coming forward so back at ya for companies leaving

http://www.thehindu.com/business/Eco...cle8824943.ece

[Fred]

Re: That referendum ...

Never in my lifetime, have I voted on matters of such importance as the EU referendum. My opinion of the result, it is not what I expected.

For the life of me, I can not think why we will be any better off, why we think we can do as we please (in the worlds biggest market) & why we think, going it alone will be better for the average man.

I do not see any positive reactions (apart from some eccentrics) no real direction & no way to reverse what many consider the main cause of the "out" vote in the first place.

In short, dragged into an abyss of nothingness....................................fir st time in my life I want to emigrate from a nation of pure Brits (what ********), trouble is, we are all over the world, can't get away from it & just what the hell motivates us to be what we are not or never can be.

?

[des8]

Re: That referendum ...

Here: http://www.independent.co.uk/news/bu...-a7113131.html

[meellis]

Re: That referendum ...

We import far more than we export, unsustainably it is said, so who loses more with no trade deals?

[meellis]

Re: That referendum ...

The link from des states that HSBC have no intention to leave yet it has been quoted that they are which is correct. Lot of people considering it to.

[pt2537]

Re: That referendum ...

I'll answer the proof bit of countries coming forward so back at ya for companies leaving

http://www.thehindu.com/business/Eco...cle8824943.ece

er we already did billions of trade with India, so they dont really count now do they?

And as for companies leaving the UK, well we do know that there are many companies that have withdrawn investment from the UK, Vodaphone are one such company, Siemens are another who have cancelled plans for spending in the uk in the wake of the brexit vote.

Richard Gnodde has also come out and said Goldman Sachs international is in the process of relocating 6500 jobs out of the UK.

[leclerc]

Re: That referendum ...

I give up.Vodafone and Goldman both have made plans but they are still waiting for the deal the UK get. Siemens have frozen investment in wind farms which does not affect current UK jobs.

And you wanted an example, you get one and now they don't count. Well I guess this was a waste of a discussion then.

[meellis]

Re: That referendum ...

No way is it a waste of a discussion it is highlighting how different people see reporting in different ways. You see that people making plans but are waiting for the deal the UK get as them leaving and I see it as we are in a position to leave if we don't get what we want, only the future can tell us which is right. Is a discussion ok only when your point of view is correct?

[pt2537]

Re: That referendum ...

I give up.Vodafone and Goldman both have made plans but they are still waiting for the deal the UK get. Siemens have frozen investment in wind farms which does not affect current UK jobs.

And you wanted an example, you get one and now they don't count. Well I guess this was a waste of a discussion then.

Ok but heres the problem with your misconceived position. These firms are waiting for the deal to be brokered first, accepted, but they have already said (and you appear to have missed this point entirely) that if freedom of movement is curtailed then they wont have access to the necessary labourpool and thus they "WILL" relocated.

Now forgive me if im wrong, but wasnt that one of the reasons for the "Leave camp" to want out of Europe?

The problem is obvious for all to see yet there are still those who cling to hope that it wont happen

[meellis]

Re: That referendum ...

People voted for the conservatives to lower the deficit, reduce migration and other promises. Don't take these words as a protest vote they are there to highlight that what is promised isn't always delivered. I personally never fell for the propaganda about funding but my view was we give the EU a sum and then we negotiate a rebate ie they give us back. Some people seem to think we are incapable of negotiating trade deals yet we will be able to keep negotiating high rebates, remember we are not just giving what is the cost to us at the moment but we are giving a lot more for them to give back. I lent a drill to my neighbour so he has it until he decides if or when he is going to give it back till then I am without a drill.

[wales01man]

Re: That referendum ...

Meelis.
Got a spare SDS drill mine broke if you buy a new one for me I can give you a rebate of about 40% but only while we are still in EU

[Crazy council]

Re: That referendum ...

Can i give an opinion here just biased on my gut feeling.

1. Whos making money off Brexit

Currency traders and future traders, those lovely people. Did anyone notice the statement from ( i think ) Goldman sacs, straight after the vote, saying they was moving there staff out of the UK. Sooooo,, that was defiantly not timed best for them, as futures and currency traders.

2. Will we actually brexit

I doubt it, i think that the EU will have to move on boarders, so many of the other country want this as well, if they make that concession, then the puppets ( politicians ) can justify re-vote ( its happend before )

3. The good , the bad and the ugly Brexit

The good, ( itsa just an opinion please consider i voted, loudly and passionately to stay )

removal of red tape and bureaucracy for some of our top end business ( science ect )
Freedom to trade worldwide without restrictions
removal of all those pesky employment laws and contracts that the peasants have been using

the bad

A few years of instability and fluctuations around the currency
Trade wars with the EU ( already started, Osborn warng that corp tax will drop to 15% , as a response to the french saying they would roll out the red carpet for the banks to move )
Uneducated racism and sectarianism

The Ugly

The current state of politics
The disintegration of the conservatives ( i vote labour, but would have voted conservatives due to disliking Corbin and EVERYTHING he stand for )
The embarrassment that is currently labor, coursed by the interference of the unions
The shame that the lib dems lied to the students years ago, and lost all credibility, because there time would have been now, middle grounders

[des8]

Re: That referendum ...

People voted for the conservatives to lower the deficit, reduce migration and other promises. Don't take these words as a protest vote they are there to highlight that what is promised isn't always delivered. I personally never fell for the propaganda about funding but my view was we give the EU a sum and then we negotiate a rebate ie they give us back. Some people seem to think we are incapable of negotiating trade deals yet we will be able to keep negotiating high rebates, remember we are not just giving what is the cost to us at the moment but we are giving a lot more for them to give back. I lent a drill to my neighbour so he has it until he decides if or when he is going to give it back till then I am without a drill.

Funding of the EU, is based on each countries customs income, vat income and agriculture.
As uk's customs take and vat income is higher proportionally to GDP than other member states, and agriculture is smaller( hence payments to farmers are relatively smaller than to those in other countries) rebates were negotiated to even things up.
The multinational Financial Framework is renegotiated every 7 years.
It is extremely complicated and to compare it to lending a neighbour a drill is unhelpful to say the least.

[wales01man]

Re: That referendum ...

Sorry des but the drill is a perfect example to us mere idiots we do not relate to multinational financial frameworks the rest of us see things in simple terms.
The whole EU is too complicated with too much administration much of which we have no direct control over.

The statements about companies planning to move away mean nothing until the put plans into motion began talks with employees and all the other things that must be done in a sense its like me or you saying we are moving home until we get what we want and explore all options we are staying put maybe just talk to support the stay in sides argument