UK Leaves the EU - What happens next?

[BREWSTERS]

That I agree with ... let's have 6 strong political parties to force a coalition government which hopefully will push through proportional representation.

Yes, I'd go with that.

 

[BREWSTERS]

This is the sort of thing we are escaping from
http://www.express.co.uk/news/world/685124/EU-Juncker-Germany-slashes-members-TTIP-Ceta

a handful of people, making trade decisions for 27 countries, that seems fair doesn't it .......... not !

A handful of unelected, unaccountable and untrustworthy people!

 

[Brassneck]

It's hard to know the MP's that were riding the gravy train, If anyone could be devoid of self interest, I think it would be IDS.
He more than anyone else saw the way society was going and acted.

Can you define what you mean by 'gravy train'? Some examples of how it applies to ordinary MPs?

 

[Brassneck]

This is the sort of thing we are escaping from
http://www.express.co.uk/news/world/685124/EU-Juncker-Germany-slashes-members-TTIP-Ceta

a handful of people, making trade decisions for 27 countries, that seems fair doesn't it .......... not !

Why do people keep quoting from the Express and Mail? Look at the other stories on the front page - they put whatever spin they like on it. For all the faults of the BBC and the likes of the Guardian there is a semblance of intelligence and balance with those sources.

The Express headlines are there to sell papers. Did you know we are supposed to be in a record breaking summer at the moment - http://www.express.co.uk/news/weath...orecast-UK-long-range-hottest-summer-sunshine with 90 days of sunshine since the middle of May? I don't think I'm seen the sun for two weeks.

 

[Edwin]

The UK is in Brexistential crisis. Is there a way forward?
https://www.theguardian.com/commentisfree/2016/jul/01/uk-brexit-brexistential-vote-leave-eu-britain

It's a tiny bit cheering to think I'm not alone...

 

[Edwin]

According to the Guardian Live news feed:

Sky News is reporting that EasyJet has opened talks with regulators in the EU about relocating its headquarters from the UK.

The budget airline is currently based in Luton, where it employs about 1,000 people.

 

[BREWSTERS]

The UK is in Brexistential crisis. Is there a way forward?
https://www.theguardian.com/commentisfree/2016/jul/01/uk-brexit-brexistential-vote-leave-eu-britain

It's a tiny bit cheering to think I'm not alone...

First paragraph from that article;

"On 24 June, millions of people woke up with a sense of shock and disbelief. Many have said it was like they were living in a bad dream. Everything they assumed was solid had suddenly melted into thin air."

Are there any articles out there that reflect the joy the MAJORITY were feeling on 24th?

 

[Edwin]

Are there any articles out there that reflect the joy the MAJORITY were feeling on 24th?

Not that I've seen (and that's an honest answer). Closest I could find was a BBC News vox-pop video from a couple of days back talking to 5 Leave voters about how they felt about what had happened since the vote was declared; all but one sounded pretty chirpy about things soon.

 

[Edwin]

Michael Gove just made his speech in his bid to be PM.

He promised "An extra £100 a week to the NHS by 2020." That works out to about £5 billion a year.

It's worth noting that Osborne last year stood by a manifesto pledge that there would be £8.4 billion in additional funds in the NHS by 2020.

In other words, Michael Gove just promised the country over £3 billion less for the NHS than it was due to get under his own government's existing plans. Let's see if that filters through to the headline writers, or the tabloids.

 

[cannybagotudor]

Why do people keep quoting from the Express and Mail? Look at the other stories on the front page - they put whatever spin they like on it. For all the faults of the BBC and the likes of the Guardian there is a semblance of intelligence and balance with those sources.

The Express headlines are there to sell papers. Did you know we are supposed to be in a record breaking summer at the moment - http://www.express.co.uk/news/weath...orecast-UK-long-range-hottest-summer-sunshine with 90 days of sunshine since the middle of May? I don't think I'm seen the sun for two weeks.

I couldn't care less what paper I quote from to highlight a fact, are you telling me what they are saying is lies, it is not, it's how the EU works, the minority rule the majority and that page highlights this fact is a crystal clear manner. It's almost like Seb Blatter, he controlled FIFA for a long time, it was corrupt to the core, in a real world where lobbying means money, don't you find it strange how such a small amount of people can control 27 countries trade agreements with other countries. In a few years we will look back with a sigh of relieve that this all happened. No one expected it to be a picnic, but the price to be paid is small compared to the price of remaining in, the EU is in an impossible situation now, the bubble has burst, the far right just lost in Austria but now that election must now held again, and the far right (leave) is in a very strong position to win it.

Think about it what do large global companies want, control and cheap labor, do you really think having high immigration increases wages for the average job, of course not. If the EU survives more than 5 years in it's current form I will be shocked, the UK is now a beacon and alot of countries are now looking on admiringly at our choice and fancy it themselves, again immigration being the key point. Hold the same referendum in France or Germany right now and the result would be the same, it's why they don't hold such referendums but the carrot of such a referendum will be a huge boost for the far right parties and will win alot of votes they would never had won before. The landscape is changing, the EU's not really viable in todays world, like a government it is now looking out for itself, not it's members interests, it's about preserving their own jobs now so it's already a lost cause in my eyes.

 

[Edwin]

George Osborne scraps 2020 budget surplus plan
https://www.theguardian.com/business/2016/jul/01/george-osborne-scraps-2020-budget-surplus-plan

Good thing? Bad thing? (I have my own view) Anyway, definitely a "thing".

 

[cannybagotudor]

George Osborne scraps 2020 budget surplus plan
https://www.theguardian.com/business/2016/jul/01/george-osborne-scraps-2020-budget-surplus-plan

Good thing? Bad thing? (I have my own view) Anyway, definitely a "thing".

Beat me to it, it shows the weasel that osbourne is, suddenly changing course because his job is well and truly on the line. The reality is now that all the austerity measures were indeed for nothing as the government will now borrow to avoid raising taxes, the complete opposite of what he said. We need a real chancellor now not a looney tune like osbourne.

 

[websaway]

There is going to be financial Armageddon billions of pounds vapourised !
What ! it's recovered,, oh oh well em

Racists are attacking everyone in the country the far right are rising
no they're not, oh, oh well

god help the people of Nice after the England Iceland game
nothing happened, oh, oh well

Easyjet are talking to the EU government about moving it's headquarters.
a thousand jobs at risk.


Spare us.

 

[Edwin]

An economic crash isn't like a car crash. Huge bang, tinkle of glass, pieces flying everywhere, over in seconds...

It's a long, slow, painful collapse.

What possible reason is there to believe that the damage magically ends with EasyJet's announcement today? This is going to go on, and on, and on...

 

[cannybagotudor]

There is going to be financial Armageddon billions of pounds vapourised !
What ! it's recovered,, oh oh well em

Racists are attacking everyone in the country the far right are rising
no they're not, oh, oh well

god help the people of Nice after the England Iceland game
nothing happened, oh, oh well

Easyjet are talking to the EU government about moving it's headquarters.
a thousand jobs at risk.


Spare us.

Exactly, sterling will take a little longer but I would not be surprised if it hits the $1.40's in a couple of weeks once the hysteria has effectively died down, which has caused it's drop anyway. Austria may well call a referendum if the far right party wins the new election and sterling will then bounce back even quicker and the euro will then crash big time, yet juncker will not change. The media has panicked people, see through the haze and you realize things are positive, some companies looking to downsize will seize the opportunity to blame brexit for these moves, and act now but I can see the UK having a very strong economy if the politicians would just get on with it and make it happen.

 

[cannybagotudor]

An economic crash isn't like a car crash. Huge bang, tinkle of glass, pieces flying everywhere, over in seconds...

It's a long, slow, painful collapse.

What possible reason is there to believe that the damage magically ends with EasyJet's announcement today? This is going to go on, and on, and on...

Nothing like a positive attitude is there

With a bit of luck the EU won't exist in 5-10 years time and countries like the UK who got early will be in an incredibly strong position as the remaining countries try and sort their own currency issues again and try and strike up new trade agreements with us. The EU in it's current state will not last 10 years so it's far better to get out now will we can. Cameron did us all one big favor with such a daring referendum, he didn't obviously plan the outcome, but he has changed the course of this country for the better by doing so. Instead of moaning people now need to come together and make this work, by doing this everyone gets the benefits of a thriving economy alot faster. As I said already some companies will use this as a cover up for cutting jobs, however it also provides plenty of growth opportunities, export companies will be making contacts right now outwith the UK they might never have bothered with before, people will be more proactive right now to get more business, this is a positive thing.

 

[BREWSTERS]

An economic crash isn't like a car crash. Huge bang, tinkle of glass, pieces flying everywhere, over in seconds...

It's a long, slow, painful collapse.

What possible reason is there to believe that the damage magically ends with EasyJet's announcement today? This is going to go on, and on, and on...

How would you describe the crash of 2008 then? I'd say that was a huge bang, glass flying everywhere etc.

 

[BREWSTERS]

Beat me to it, it shows the weasel that osbourne is, suddenly changing course because his job is well and truly on the line. The reality is now that all the austerity measures were indeed for nothing as the government will now borrow to avoid raising taxes, the complete opposite of what he said. We need a real chancellor now not a looney tune like osbourne.

He is a slimy little turd isn't he...cutting tax deals for major foreign corporations while forcing austerity on us.

 

[armistice]

According to the Guardian Live news feed:

Sky News is reporting that EasyJet has opened talks with regulators in the EU about relocating its headquarters from the UK.

The budget airline is currently based in Luton, where it employs about 1,000 people.

Still on the subject of aviation, easyJet says it has started the process of acquiring an air operator certificate (AOC). An AOC would be issued by another EU country to give the airline continued access to Europe's single aviation market.

Reports suggested the AOC application was the first step towards possibly moving Easyjet's legal headquarters outside the UK.

However, the airline stressed that it had no plans to move its main headquarters from Luton - "our home for 20 years".

After several days of pretty steep falls, easyJet shares are up almost 1% at £10.96. The stock has slipped 37% this year.

 

[gimpydog]

I do agree it's probably the biggest train wreck in history.
Gravy everywhere.

Remainers will let the matter drop when the union is definitively saved, the supposedly fantastic trade deals have been signed and ratified, the effects of the loss of EU membership and EU funding on science, business and the regions has been mitigated, the status of the millions of EU citizens living here and UK citizens living in other parts of the EU has been protected etc. etc.

Exactly, sterling will take a little longer but I would not be surprised if it hits the $1.40's in a couple of weeks once the hysteria has effectively died down

Every other major economy has been desperate to discreetly devalue their currency since '08. We should be glad ours is where it is.