rspltd

The people or parties who say that we should retract or vote on retraction of Article 50 are living in cloud cuckoo land. Once Article 50 was triggered then there is no going back without the consent of all the remaining countries in the EU. Even if there was a vote does anyone in their right mind think that the remaining countries will let us retract without extracting their pound of flesh or a lot more! The negotiations that have taken place already shows just how conciliatory they might be. I suspect €100 billion would seem like small change to their demands.

uk_grenada

Their 'demands' euro speak for negotiating attempt, are frankly irrelevant. Britain has two options, either we have a deal with them which he hitehall machiavelli's believe makes us money or alternatively we don't have a deal with them which loses them money, and speeds up our requirement to buy even less from them in the future. Remember that in terms of our balance of trade we import more from them and we export to them, several very large European industries stand to lose a lot of money if we dont buy from them.

The british Government has publicly signaled what it considers to be fair, which i think was 46 billion, but there will be Devils within both our and European details. For example the EU would like us to pay into the future for infrastructure projects that the EU with us as members agreed to create, but we have actually overpaid in the past for those infrastructure projects and it would be reasonable If we are not to benefit from future related income,to demand the return of huge capital outlay. What of the vast sums we have paid for future projects to House even more bureaucrats, as we wont be members and will need to more room for our uncivil servants i assume we will require that money back

While the EU makes a public sound about not wishing to punish the UK for leaving I don't believe a word, they need to be able to say to their supporters they drove a hard bargain and they made us fail to ensure frightening off other potential leavers. Unfortunately I actually don't think they're capable of doing it because if we walk away we still win.

Fredbargate

In total agreement

Pulaski

That chart only shows 12m prior to the Brexit vote, so isn't really "prolonged". Currencies that float move up and down over periods of much longer than 12months.

Also charting just two currencies' exchange rate can give a very misleading picture, as both sides of the exchange can be subject to independent economic and political factors. .... For example, sterling and the USD appear to have been relatively stable over the past year, when in fact that is largely true because both currencies have been losing value compared to a global basket of currencies.

Annetje

Is this straight out of the Daily mail ?

Countryboy1

Agreed, but this is an Ex-pats forum so that is the perspective some will naturally approach the subject from. Yes this is what the majority voted for........just, but for many here, particularly those who have retired with only their retirement pension to support them, things must be difficult.
Lucky you if you can't see a problem. Perhaps you mean you can't see one in your own personal situation. Nothing necessarily wrong with that. Take a wider view though and you will have to acknowledge surely that for some there is a problem.
I'm not attaching any blame to the electorate, just pointing out and recognising how it affects some over here.

bobd22

Totally agree

bobd22

Kieron yes I see that. Also if EU want us to stay they would be less likely to give UK concessions in the hope that at the end uk vote to stay. It is just something I came across. Also it would at least allow voters to make an informed vote but as you say too late for business.

newpower

I was being sarcastic.

amideislas

It sounds suspiciously like the spoiled child who accuses Mama of unfair punishment for refusing to give him a bag of candy.

bobd22

Seems even the Mail is starting to see through the lies the country was told.The Brexiteers have lost the economic argument | This is Money

Golden Years

Getting your papers mixed up.
Daily Mail - pro Brexit
Mail on Sunday - anti Brexit

bobd22

Yes realised that after posting that's the problem not subscribing to either

Novocastrian

Are they owned by different people?

Serious question. I've never felt moved to read either.

Golden Years

They have the same owners but different editorial staff.

Not quite sure why you need to feel "moved to read either" to find out who owns them. Use your search engine like anyone else would do.