YoshiPal2010

With this sort of vocabulary, I doubt that Mr. Gallagher is qualified to voice an opinion, either!

Shard

His language is coarse but, surprisingly, his points are valid. Now lets just pass the wonderwall and move on to that champagne supernova in the sky.

Snowy560

Using taboo language doesn't mean he is unqualified to voice an opinion.

S

BristolUK

Public flogging at Hooters?

Snowy560

From what I am reading, there seems to have been a complete lack of Plan B(rexit) by both the government and the Leave campaign. I am reading about cards left in Huntingdon telling people to leave the UK now the UK's voted leave and I feel so ashamed.

Anti-Polish cards in Huntingdon after EU referendum - BBC News

http://www.huffingtonpost.co.uk/entr...b08d2c56396075


I want my country back.

S

bats

Veil ot affect the price of cheese?

Snowy560

No Brexit plan (interview with Sky News reporter):

Faisal Islam, Sky News Journalist, Says Pro-Brexit MP Told Him 'Leave Campaign Don't Have A Plan'

S

Siouxie

If you do a google search, there's a few supposed plans out there.

Steve_

It will take ages because they've got to figure out how to placate the Irish and Scottish and the EU frankly has all the bargaining power. Also there is now a stupid call for another referendum on what is agreed - well that will by definition include concessions to the EU so Farage et al will try and deep six it so NO MORE REFERENDA. Two is enough! How many more before sanity intervenes.

This is the whole laugh of the whole thing, 60% of immigration to the UK is from non-EU countries, a percentage which could likely go up if the UK leaves.

I seriously doubt it. If the UK did that, the other countries in the EU could retaliate against British expats.

It won't - this is another laugh of the whole thing, as Hammond pointed out, access to the common market and free movement are linked. It is part of the EU Bill of Rights and codified by the Lisbon Treaty. I can't see the EU compromising on a core principle. The Norwegians and the Swiss had to agree to free movement and they're aren't even in the EU.

The other thing is border controls, how do you stop people coming in via Ireland? There's no way do the Irish want physical border controls which makes it even more difficult and the Scottish want free movement to encourage immigration into Scotland.

The absolute most the UK could claw out of the EU would be to not allow free movement from new member states in the future and even that would be hard without physically imposing border controls.

It will say EU passport holders, EEA passport holders, Swiss passport holders and UK passport holders through this one and non-EU and new EU (say Croatia) through this one. Because freedom of movement isn't going to end...

Doubtful because there are other reciprocal agreements that come into play.

Probably no change as the social security agreements are not entirely dependent on the EU iirc. For example the US has a totalization agreement with the UK.

Well it will end if the UK doesn't carry on contributing to the European budget and the French are insisting on that for access to the common market. So to stop a civil war as well (almost incidental) the UK will carry on forking over to the European budget. Another complete load of horseshit sold by the "leave" campaign.

I don't think it will happen, the reality is that the problems Scotland would face are the same and are even worse since the drop in the price of oil, and Scotland would have to accede to the same conditions as any other new member state, despite what Nicola seems to want. So that means the Euro and no opt outs on other things the UK currently has.

As for Northern Ireland, part of the agreement was that they wouldn't call for a referendum until 2020 iirc, which is why the money from the EU is so important and why the UK will have to cough up to the EU budget still.

Steve_

Who cares, the UK has no leverage in negotiations. The only thing they keep talking about is the trade deficit. Well, imposing duty and VAT doesn't really stop the EU selling to the UK and the EU had a huge trade deficit in their favour with the Russians.

In order to win concessions you have to have a united front and the Irish and the Scottish (and the Gibraltans) are clearly not on board. In order to placate them you have to agree to everything the EU says and that will mean either EEA membership or quasi EEA membership like Switzerland has.

And on top of that, you've got the City arguing for free access to the common market, and they may not have enough people to win a referendum but they've got a shit load of money.

Farage will have a cow and say it is a complete sell-out, well congratulations Nigel, welcome to reality. Try facing down the IRA, Nigel, tell us how that works out for you.

Steve_

I have to say having two competing bureaucracies in Europe is probably not that bad of an idea if you look at it long-term. The idea of the EU was to have common agreement to prevent wars but that is a bit dated now.

I suspect Denmark will vote to leave as well so being exposed to another competing bureaucracy might actually improve things as competition tends to lead to efficiency.

But in the short-term it's just going to be a shit storm of crapness.

BristolUK

Another 3c gone overnight.

Pension now worth $72 a month less since Thursday and I'm not at payday yet

magnumpi

Two banks have stopped trading, Barclays and RBC I think as pound hits a new 30 year low

SchnookoLoly

Yep, went down to 1.31 earlier, floating around 1.32ish right now.

BristolUK

Before anyone else has a heart attack it's worth noting that's the US $ not the Canadian one.