The Brexit referendum thread: potential consequences for GB, EU and the Brits in CH

[NotAllThere]

	Quote:	Blueangel
	Brits would, or rather should, know that GB does not include Northern Ireland, and that Brexit is about the UK, not GB, leaving the EU.

Should know is right. I'd bet beer on "would know" being wrong.

[fatmanfilms]

	Quote:	Jim2007
	The deal they were offered was based on their redline items. And if you expect that the EU is going to disadvantage themselves to give you the deal you want, then you are going to be very disappointed. And an this point I'd done responding to this kind of nonsense.

Let's see if it is nonsense, just over 3 weeks to go, can't wait. Your attitude which reflects the EU is precisely why Britain needs to leave.

[Urs Max]

	Quote:	fatmanfilms
	UK does get the worst deal of any country, it's amazing how astute the voters were in the referendum

What is the EU cartel? Care to explain?

The chart is meaningless. It might become meaningful if you provided the data or study it's derived from, who produced and paid for it. Which you probably can't because ActionBrexit doesn't either.

Next.

[marton]

	Quote:	fatmanfilms
	Nothing signed unless someone is telling porkies and besides, absent some weird side letter agreement, it would be treated as rejected if counter offers have been going backwards and forwards since then. But then you would know that Boris could put a proposal saying “in all good faith we think you have defrauded us by a trillion over the years but we’ll accept €60 billion and Juncker’s wine cellar and yes I’ll take that to parliament for a vote whenever you want”. UK does get the worst deal of any country, it's amazing how astute the voters were in the referendum

Completely unbiased information from the Brexit party

[NotAllThere]

	Quote:	Urs Max
	What is the EU cartel? Care to explain?

It's price fixing - like when the EU tell mobile phone companies to make their roaming charges lower.

[lewton]

	Quote:	fatmanfilms
	Nothing signed unless someone is telling porkies and besides, absent some weird side letter agreement, it would be treated as rejected if counter offers have been going backwards and forwards since then. But then you would know that Boris could put a proposal saying “in all good faith we think you have defrauded us by a trillion over the years but we’ll accept €60 billion and Juncker’s wine cellar and yes I’ll take that to parliament for a vote whenever you want”. UK does get the worst deal of any country, it's amazing how astute the voters were in the referendum

What data is that based on?

[bowlie]

	Quote:	NotAllThere
	It's price fixing - like when the EU tell mobile phone companies to make their roaming charges lower.

Actually what the EU did (following a proposal from the commission, debate and approval from the Parliament and acceptance by the Member States in the Council) was to tell EU companies they could not charge more for services provided in another Member State.

They did not fix prices, but emphasized that this principle of the single market must be applied. Telcoms can charge anything they want.

[k_and_e]

	Quote:	bowlie
	Actually what the EU did (following a proposal from the commission, debate and approval from the Parliament and acceptance by the Member States in the Council) was to tell EU companies they could not charge more for services provided in another Member State. They did not fix prices, but emphasized that this principle of the single market must be applied. Telcoms can charge anything they want.

Exactly. It's more like an anti-cartel measure actually.

[John William]

Brilliant Ode to arch Brexiteer, Old Etonian, Chairman of the ERG and Leader of the House of Commons,
Jacob Rees-Mogg.

Brilliant parody song of Jacob Rees-Mogg

[fatmanfilms]

I am amused that intelligent educated people still claim the masses were not capable of understanding the real meaning of the verb 'to leave'

[baboon]

	Quote:	fatmanfilms
	I am amused that intelligent educated people still claim the masses were not capable of understanding the real meaning of the verb 'to leave'

Oh they understood it. But they were told that leaving would mean remaining in the single market and in customs union. Oh and no mention of having to break the GFA.

[fatmanfilms]

	Quote:	baboon
	Oh they understood it. But they were told that leaving would mean remaining in the single market and in customs union. Oh and no mention of having to break the GFA.

I think leaving the single market is likely to be the most profitable aspect of leaving, going forward.

[bowlie]

	Quote:	fatmanfilms
	I think leaving the single market is likely to be the most profitable aspect of leaving, going forward.

Yes, but for whom? Brits can expect price increases on a very wide range of goods and services, most of which will be blamed on Brexit. No doubt some of these claims will be accurate.

[baboon]

	Quote:	bowlie
	Yes, but for whom? Brits can expect price increases on a very wide range of goods and services, most of which will be blamed on Brexit. No doubt some of these claims will be accurate.

...and/or a considerable decline in their working and environmental standards. The single market has some level (not enough) of protection against abuse of both which workers and the environment in the UK run the risk of loosing.

[fatmanfilms]

	Quote:	bowlie
	Yes, but for whom? Brits can expect price increases on a very wide range of goods and services, most of which will be blamed on Brexit. No doubt some of these claims will be accurate.

I doubt they will see any price increases, prices have not risen as a result of the fall in the value of sterling, food prices wii fall as EU tariffs won't be applied to non EU imports. Cheaper New Zealand Lamb & Argentinian beef yum yum. If you want to sell in a market place, global competition sets the market price, suppliers of commodity products can't increase prices just because their costs go up.

	Quote:	baboon
	...and/or a considerable decline in their working and environmental standards. The single market has some level (not enough) of protection against abuse of both which workers and the environment in the UK run the risk of loosing.

Far too many EU rules & red tape, far better to make it easy for disgruntled employees to set up their own business's if they think they are being abused & believe their services are worth more.

[rainer_d]

	Quote:	fatmanfilms
	I doubt they will see any price increases, prices have not risen as a result of the fall in the value of sterling

Sure. Just ask people buying Apple hardware.


Anything that is traded in Dollars and that the UK can't produce itself is going to shoot up in price.

[baboon]

	Quote:	fatmanfilms
	Far too many EU rules & red tape, far better to make it easy for disgruntled employees to set up their own business's if they think they are being abused & believe their services are worth more.

To see the effect of not having decent environmental standards just have a look at China or India. Rivers that are no more than open sewers, air that's like smoking 40 a day.....no thanks.

[fatmanfilms]

	Quote:	rainer_d
	Sure. Just ask people buying Apple hardware. Anything that is traded in Dollars and that the UK can't produce itself is going to shoot up in price.

Apple is one of the very few companies than can increase prices as their products are special & not considered commodity items. Inflation rate is currently 1.7%, below target

Oil & Gold are main commodities traded in USD, however the price of petrol is made up mainly of tax so price of oil much less important. You will notice most things are cheaper in the USA, plenty of margin left.

[Tom1234]

	Quote:	baboon
	To see the effect of not having decent environmental standards just have a look at China or India. Rivers that are no more than open sewers, air that's like smoking 40 a day.....no thanks.

But that's enough about Switzerland...

[Urs Max]

	Quote:	bowlie
	Yes, but for whom? Brits can expect price increases on a very wide range of goods and services, most of which will be blamed on Brexit. No doubt some of these claims will be accurate.

Which are they? From Next Plc's "Brexit planning document":
"The Government has announced a temporary tariff regime in the event of a no-deal Brexit. This temporary measure will ensure 87%1 of UK imports will be tariff free for up to 12 months following a no-deal Brexit."

Now, the question is of course what the remaining 13% are and what happens after those 12 months, but at any rate that doesn't imply lots price increase for the time being. For clothing retailers such as Next it actually means a reduction. That may well be the general case.

Just don't ask what that means for UK employers and employees. Especially given that, assuming the UK can keep indeed export under WTO rules in the first place despite the dozens of objections against May's proposition, the typical UK export will get 30% import tariff slashed on and financial passporting rights will probably no longer exist.