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  #261  
Old 14.10.2016, 14:54
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Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

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to be clear, the big difference i refer to is that you claim the figure you cited to be the absolute maximum level of food production for the UK, whereas it is just what is currently being produced.
Except given the land use statistics and intensive agriculture practised in the UK the two are pretty well the same.
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  #262  
Old 14.10.2016, 14:59
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Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Generally airlines adjust their rates to reflect this, but often it takes up to 24h, time for cheap flights!
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  #263  
Old 14.10.2016, 15:06
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Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

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Except given the land use statistics and intensive agriculture practised in the UK the two are pretty well the same.
it wouldn't surprise me if the UK could be self-sufficient in food with the existing land under agricultural use (of course, you'd still want a mix of import to have supply chains in place because of bad harvest etc.)

but the UK is already the biggest waster of food in the EU.

about 30% of vegetables aren't even harvested because they don't look 'good enough'.

if the UK were to be cut-off from the rest of the world, i would be surprised if the result was that we couldn't grow any more food than we currently do.

an economic bias towards UK produced food and more seasonal eating will hopefully lead to less food waste.
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  #264  
Old 14.10.2016, 15:07
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Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

ING moves Banking jobs from the EU to London http://www.telegraph.co.uk/business/...obs-to-london/
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  #265  
Old 14.10.2016, 15:19
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Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

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Britain has a huge trade deficit, buying shite we just don't need.
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Couldn't care less that car prices in the UK are rising. Do you really need that new car?
I do enjoy the way you seem to be preparing yourself for the economic recession when Brexit happens.
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  #266  
Old 14.10.2016, 15:21
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Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

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ING moves Banking jobs from the EU to London http://www.telegraph.co.uk/business/...obs-to-london/
And for balance "US banks planning exodus from Brexit Britain" https://www.theguardian.com/politics...rench-minister

Also an interesting caveat to the story in the WSJ
“In case of a ‘hard’ Brexit with far-reaching consequences, we will have to think about a logical next step,” she said. “But for now, London remains an important financial center with a large talent pool for financial specialists.”

(ps. your link seems to be behind a paywall)
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  #267  
Old 14.10.2016, 15:31
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Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

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And for balance "US banks planning exodus from Brexit Britain" https://www.theguardian.com/politics...rench-minister

Also an interesting caveat to the story in the WSJ
“In case of a ‘hard’ Brexit with far-reaching consequences, we will have to think about a logical next step,” she said. “But for now, London remains an important financial center with a large talent pool for financial specialists.”

(ps. your link seems to be behind a paywall)
Same stuff happened on ERM exit in 1992 all the bankers moved out then as well.
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Old 14.10.2016, 15:39
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Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

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marton seems to spend every waking moment on this forum arguing tirelessly about Brexit, or Muslims. It is quite extraordinary.
Just noticed - every waking moment- and you got up at 5.29 just to write this. lol
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  #269  
Old 14.10.2016, 16:34
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Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

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The EU money is having dramatic effects obviously. These young unemployed people mostly saw nothing in their pockets.

A worrying trend is the number of young people not in employment. A third (33.1 %) of 16-24 year olds living in the County Borough were out of work in September 2012. In January 2013, there were 765 young people aged 16-24 years claiming JSA in Merthyr Tydfil, 10.9 % of that population. This rate whilst improved on the previous year is well above the national rate (6.5 %) and is the second highest of all local authorities. The most recent trends show that since 2005 the unemployment rate for young people across Merthyr Tydfil has been consistently higher than the rates for Wales and the UK (ILO unemployment rate).

In 2011 Child poverty in Merthyr Tydfil was 27.2% (the second highest rate in Wales), down from the 2010 figure of 28.2%. The Wales average was 21.9% and the UK average 20.1%.

http://www.merthyr.gov.uk/media/1548...or-2014-15.pdf

Don't worry though you get a new car park.

And now they voted for Brexit so their parents who worked for Welsh European Funding Office can join them in the dole queue :

"The EU money is having dramatic effects obviously. These young unemployed people mostly saw nothing in their pockets." A statement of biased opinion with absolutely no facts to support it.
Let us wait and see how unemployment statistics are when the EU money no longer flows in.
You do realise that these EU projects provided paid work for local people?

Who do you think built that car park, Polish plumbers?
Or maybe like a mushroom it sprang up one night without any manual intervention!

"A worrying trend "? You do know what a trend is? According to the numbers you quoted the trend is reducing youth unemployment and reducing child poverty!
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  #270  
Old 14.10.2016, 16:38
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Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

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And for balance "US banks planning exodus from Brexit Britain" https://www.theguardian.com/politics...rench-minister

Also an interesting caveat to the story in the WSJ
“In case of a ‘hard’ Brexit with far-reaching consequences, we will have to think about a logical next step,” she said. “But for now, London remains an important financial center with a large talent pool for financial specialists.”

(ps. your link seems to be behind a paywall)
The Dutch bank plans to move 50 to 60 trading jobs to London from Amsterdam and Brussels in an effort to concentrate its trading activities, including its foreign-exchange business, it said Thursday.

The plans are part of a wider cost-saving initiative that will result in 7,000 job losses in the coming years.

Hallelujah! we are all saved
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  #271  
Old 14.10.2016, 17:49
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Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

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What I find amazing, is how many supposedly educated people did not understand the rules, those same people also say the voters did not understand the question!
1. What rules?

2. Because a freakin' high number of them have since said they didn't understand the bloody question! Pfft!

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Non-binding referendum, how many supposedly educated people understand that?
= as much legality as an O-P-I-N-I-O-N P-O-L-L

Just because 8 of 10 cats prefer Whiskas, it doesn't mean every sodding cat has to be force fed Whiskas (other brands of cat food are available )

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I think they did understand that, it's really not an issue to anyone except the remain voters with brown underpants.
Purple actually! Just checked...and they're called 'knickers'

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not according to tusk. he says it's either hard brexit, or no brexit.
Can't hear his name without singing...

"Don't say that you love me!
Just tell me that you want me!"
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  #272  
Old 14.10.2016, 20:00
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Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

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an economic bias towards UK produced food and more seasonal eating will hopefully lead to less food waste.
In what way do you see the lack of the ability to pay for imported, out-of-season food (and foods that cannot be grown in the UK — coffee, bananas, cantaloupe etc. — the list is very long) as an improvement in the standard of living of Britons? This is exactly my point.

Using the same argument, Greek austerity is also economically sensible and justified. Let's hear you explain to the Greek population why it's such a good thing that their quality of life should be pared so savagely. Then you can start preparing a similar speech for the residents of the UK.
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  #273  
Old 14.10.2016, 20:08
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Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

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it wouldn't surprise me if the UK could be self-sufficient in food with the existing land under agricultural use (of course, you'd still want a mix of import to have supply chains in place because of bad harvest etc.)

but the UK is already the biggest waster of food in the EU.

about 30% of vegetables aren't even harvested because they don't look 'good enough'.

if the UK were to be cut-off from the rest of the world, i would be surprised if the result was that we couldn't grow any more food than we currently do.

an economic bias towards UK produced food and more seasonal eating will hopefully lead to less food waste.
"about 30% of vegetables aren't even harvested because they don't look 'good enough'." Please do not change that; it is gross enough to have to look at all those deformed "organic" vegetables on the store shelves.
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  #274  
Old 14.10.2016, 21:52
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Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

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about 30% of vegetables aren't even harvested because they don't look 'good enough'.
There is not way that farmers are leaving 03% of their crops in the ground! If you dig into this I expect you'll find that they are feeding them to the pigs or the cows or whatever.
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  #275  
Old 16.10.2016, 20:43
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Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

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it wouldn't surprise me if the UK could be self-sufficient in food with the existing land under agricultural use (of course, you'd still want a mix of import to have supply chains in place because of bad harvest etc.)

but the UK is already the biggest waster of food in the EU.

about 30% of vegetables aren't even harvested because they don't look 'good enough'.

if the UK were to be cut-off from the rest of the world, i would be surprised if the result was that we couldn't grow any more food than we currently do.

an economic bias towards UK produced food and more seasonal eating will hopefully lead to less food waste.
"it wouldn't surprise me if the UK could be self-sufficient in food " Sure, just double the farmers subsidies instead of sending the EU savings to the NHS
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  #276  
Old 16.10.2016, 20:46
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Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

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Couldn't care less that car prices in the UK are rising. Do you really need that new car?

It WILL lead to more exports, what has buying a car in the UK got to do with those sold worldwide? What is the biggest cost for most businesses? The staff.

More junk people don't need in the UK funded by sub prime loans, which will fund the next collapse in the ponzi scheme. People are far too reliant on buying stuff on credit and this is a big problem.

More import is the balance of trade for the UK, debt = interest due which the taxpayers have to pay. Again consumerism without any production is a slow death to a country. Ask America they'll be 20 trillion in the red by the time Obama leaves office. The petrodollar is the only reason why the country isn't bankrupt.

For far too long supposed "first world countries" have not paid their debts.

Tibbet also said

On the Conservative government's European policy
"A parliament composed largely of parliamentary pygmies accepting a slide towards being little more than a provincial assembly with subordinate powers to legislate over a shrinking proportion of our national affairs."
November 1996
"Do you really need that new car?" "More junk people don't need in the UK" And I thought the only driver for UK car workers losing their jobs would be the future tariff and quota export issues; now you found a domestic reason!
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  #277  
Old 17.10.2016, 22:20
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Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

For fear of repeating myself, Sterling hit another low today...

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The pound falls below €1.10 for the first time since March 2010

Sterling has fallen by nearly 20% against the US dollar since Britain voted to leave the European Union.
http://news.sky.com/story/the-pound-...-2010-10621393
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  #278  
Old 17.10.2016, 22:42
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Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

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For fear of repeating myself, Sterling hit another low today...


http://news.sky.com/story/the-pound-...-2010-10621393
is it really the lowest? i thought the flash crash brought it down to 1.18?

it will be interesting to see how low it creeps down.

amazingly gilt yields are still <2%

exciting times.

i bought a camera from the UK - with the low FX rate, I saved >100CHFs, so it's not all bad
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  #279  
Old 17.10.2016, 22:49
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Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

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is it really the lowest? i thought the flash crash brought it down to 1.18?

it will be interesting to see how low it creeps down.

amazingly gilt yields are still <2%

exciting times.

i bought a camera from the UK - with the low FX rate, I saved >100CHFs, so it's not all bad
Take advantage while prices are not yet inflation impacted.
"Ex pat" Leave supporters can so cynically take profits while not suffering any Brexit issues at home
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  #280  
Old 17.10.2016, 22:55
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Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

brits should probably do what the ukrainians did and buy all their durable goods now (fridges, cars, washing machines) before inflation hits then hunker down for the next decade...
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