Post-Brexit Thread

[Osem]

Originally Posted by Stuart

The problem is the banking sector. This is largely electronic, therefore the companies can locate their offices in any country with little or no impact on trading. HSBC has their world headquarters in London, but they could just as easily operate from Frankfurt, Paris or any other city. In fact, if the government introduces restrictions on free travel with europe and they can't find enough qualified staff here, they may be tempted to move their headquarters, with the loss of tens of thousands of jobs.

They'd only do that if the other additional restrictions they'd be subject to in the Eurozone were going to have less of an impact on their business and profits. Given the EU talk about restricting and taxing banks plus the onerous employment rules they're not going to be heading east any time soon.

[techguyone]

Umm not sure, but just in case anything is aimed in my direction. I voted Leave, but I do welcome debate.

[TheDaddy]

Originally Posted by RizzyKing

Your quoting a media piece as proof tell me when the media suddenly became trustworthy and you say I'm funny that figure of 1.2 million is absolutely meaningless as there is zero proof to back it up. I'm sure there are those who voted leave but if they had the chance would vote remain but that also applies to people who voted remain who'd now vote leave and that's meaningless as well because we had the vote and the result is done. Shouting about some people voting leave being ignorant is also stupid how about all the people who voted remain based on this year's trip to Ibiza or mobile roaming charges, there are lazy and idiotic people in every vote this country holds but why all of a sudden it's become a reason for a second vote is ridiculous

No I'm quoting a piece from a market research company, do you ever read anything past the first line, here's a link to their results, I'm sure you won't class that as proof either preferring the old tried and trusted people you know in your area criteria

http://ourinsight.opinium.co.uk/surv...ferendum-world

And at least those people that voted based on trivial stuff like roaming charges based their vote on truth rather than lies peddled on a bus

Everyone was so sure remain would win the vote hell I was one of them I just hoped it would be close enough to keep the issue alive but I watched as the results filed in and was gobsmacked when leave won. The response since the vote has been pathetic and the insults and insinuations thrown at leave voters is equally pathetic it's done and dusted now it's time to get behind it or go find a corner somewhere to sulk and shut up.

Funnily enough that's the result I wanted to. Why's it time to shut up, because you say so. Nigel wasn't going to if the vote was reversed he was quite clear on that

http://metro.co.uk/2016/06/24/rememb...endum-5963900/

Yes because opinion poll company's are always right they never get things wrong do they and opinion company's deliver the results a client wants lots of ways to tilt the results wording of the questions, demographics targeted and method of approach all contribute heavily to the answer you get. And yes I did read past the first line and as your more interested in being superior take it I'll just agree with whatever because it just isn't worth it anymore.

[TheDaddy]

Originally Posted by RizzyKing

Yes because opinion poll company's are always right they never get things wrong do they and opinion company's deliver the results a client wants lots of ways to tilt the results wording of the questions, demographics targeted and method of approach all contribute heavily to the answer you get. And yes I did read past the first line and as your more interested in being superior take it I'll just agree with whatever because it just isn't worth it anymore.

Bwhahaha you're so predictable and I thought it a fair question as you misquoted you're own post preferring to use the first line of it earlier and then started a media rant when a few lines down it actually states the article is based on market research results, never mind that though, of you go to your corner for a sulk

[denphone]

Originally Posted by techguyone

Umm not sure, but just in case anything is aimed in my direction. I voted Leave, but I do welcome debate.

Indeed debate should not suddenly be curtailed whether people voted leave or stay in the referendum as l am sure most of us can debate like reasoned rational adults.

[Ignitionnet]

Looks like interest rates will be moving next week.

Bank of England policy maker Martin Weale said Brexit has rattled the economy more than he anticipated and indicated he now favors immediate stimulus.

After saying last week he needed to see more evidence of a deterioration, his shift follows the publication of Markit’s Purchasing Managers Indexes, which showed business activity plunged to the weakest in seven years after the U.K.’s vote to leave the European Union. Markit said there had been a dramatic “deterioration” since the referendum.

The readings were “a lot worse than I had thought” and showed “expectations have worsened sharply,” Weale said in interview with the Financial Times published on Tuesday. “They are the best short-term indicator we have at the moment.”

The surveys are “very material for the decision we’ll be taking next week” and quantitative easing can still be an effective tool, he said. The Aug. 4 announcement will be Weale’s last before he leaves the Monetary Policy Committee.

The pound dropped 0.4 percent to $1.3083 as of 7:43 a.m. in London.

Seems for their flaws these PMI surveys are taken pretty seriously by those who make the decisions.

---------- Post added at 11:54 ---------- Previous post was at 10:07 ----------

This is also interesting.

Theresa May is preparing a Brexit fudge which will disappoint everyone

The possibility that we may end up with something that doesn't really please anyone.

For myself I have no idea how she can promise no border controls between Northern Ireland and the Republic of Ireland, other than the obvious.

---------- Post added at 12:12 ---------- Previous post was at 11:54 ----------

A last post before I try and focus on work again - Article 50 can be unilaterally rescinded by the UK.

http://uk.businessinsider.com/brexit...50-work-2016-7

I know I said in the past that that would be that when it's served, no way back, but I was wrong as indeed many people have been. I apologise to you guys for the misinformation.

[pip08456]

Originally Posted by Ignitionnet

For myself I have no idea how she can promise no border controls between Northern Ireland and the Republic of Ireland, other than the obvious.[COLOR="Silver"]

We didn't have border controls with Eire for Irish Nationals pre EU so it is possible.

[Anypermitedroute]

Originally Posted by pip08456

We didn't have border controls with Eire for Irish Nationals pre EU so it is possible.

yes when pre EU it was just an Irish border except in todays world the border will be with the EU so you will need to take that into account

[Ignitionnet]

Originally Posted by pip08456

We didn't have border controls with Eire for Irish Nationals pre EU so it is possible.

Key words 'pre EU'.

Rather makes taking back control and ending free movement pointless if you have zero border controls with an EU state that's obviously still within the free movement area.

Indeed Ireland would be wise when we exit to join Schengen. We were the main reason they didn't.

Ireland staying out of Schengen is their only hope of retaining the common travel area with the UK. The thing about free movement that causes trouble in the UK is not the fact that EU nationals come here without let or hindrance, it's that they can come, settle and work. I see no problem with an Eire outside Schengen (and therefore running passport checks on incomers) having an open border with the North, as EU citizens passing into Northern Ireland will no longer have the automatic right to take up a job when they arrive there (or when they cross to mainland GB and rock up anywhere else).

[Kursk]

Originally Posted by Ignitionnet

I was wrong. I apologise to you guys for the misinformation.

I think I'm going to faint .

[denphone]

Originally Posted by Kursk

I think I'm going to faint .

Sit down my dear and have a cup of tea.

Originally Posted by Ignitionnet

I know I said in the past that that would be that when it's served, no way back, but I was wrong as indeed many people have been. I apologise to you guys for the misinformation.

Calm down dear ,i think this was posted a few pages back and it wasn't you that said there was no way back ,the EU said there was no way back once triggered ,you and everyone else was simply repeating what they said

---------- Post added at 16:27 ---------- Previous post was at 16:22 ----------

Originally Posted by TheDaddy

You are funny, a million plus people regretting their vote means nothing and if you listened to the radio pre and post vote you'd know exactly how ignorant a lot of people were on the day, in your area or not.[COLOR="Silver"]
.

There where a lot of ignorant prats voting ,a few on here using the referendum as a protest vote to start with

It would be interesting to have an up to date poll to see how many would vote differently now things have settled down .Immediately after the vote the FTSE was nose diving and the media where predicting Armageddon ,now the public realise that nothing has actually changed and is not likely to for some time they might well poll differently to the one you link to .

[Stuart]

Originally Posted by Osem

They'd only do that if the other additional restrictions they'd be subject to in the Eurozone were going to have less of an impact on their business and profits. Given the EU talk about restricting and taxing banks plus the onerous employment rules they're not going to be heading east any time soon.

Whether they travel east, west, north or south, we can't afford to lose them. As people keep saying, Europe isn't the only continent with countries in. Thanks to the worldwide comms networks, Banks don't necessarily need to have physical facilities where they trade, but they do need to have physical facilities in countries where they can get an adequate supply of capable staff. Remember, banks don't only need bankers.. They need staff from all different financial backgrounds. They also need top notch technical staff.

This is actually the problem a lot of tech startups are expecting. Britain is not producing enough people that are in the various computer fields. That problem is, IMO, mostly caused by a lack of adequate funding for university and college courses from the government.