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

[marton]

	Quote:	Zurichowl
	Looks like we've jumped to the front of the queue: http://www.telegraph.co.uk/opinion/2...tain-next-yea/

Hope it is good for us!

Trump railed against trade deals during the presidential campaign, insisting that the exchanges are zero-sum and always favour the other side at the expense of the United States.
“We have to stop these countries from stealing our companies and our jobs,” he said repeatedly.

Trump has pledged to reverse that dynamic as president and to reduce the U.S. trade deficit.
Britain now has a trade surplus with the United States, making it vulnerable to protectionist efforts by Trump to limit British imports at precisely the moment when Britain needs to start selling more to the world beyond Europe.

[marton]

Liz Truss has caused a “constitutional breakdown” and may have broken the law by failing to defend judges, a former lord chief justice has warned.

Ms Truss’s near-silence is a breach of her statutory duty as lord chancellor and, if she were taken to court, she would probably be found to have acted unlawfully, Lord Judge said.

“She is in relative terms a very inexperienced politician with no legal experience, who has been silent — and answered to Downing Street when she should have been independent,” he told The Times. “It is very serious. At the heart of it is a constitutional obligation on the lord chancellor to speak and on this issue there has been silence.”

Lord Judge, 75, was lord chief justice…

Source

Seems to be the new Tory policy to ignore the law of the land

[fatmanfilms]

	Quote:	Urs Max
	As Sandgrounder suggests, could be stock clearing. Or perhaps you didn't check the right products as only two will be affected: 400g reduced to 360g and 170g to 150g while the packaging remains the same (though certainly the printed weight, if any, will be adjusted). Or perhaps you were just early, IIRC the news releases didn't give an "effective as of" date.

It was the 170 gram for £1 v 3.60 CHF for 100 gram at Zurich airport today
It's clear they can charge any price they want as Poundland will be making a profit at £1, they probably don't source their stock from the UK either so I doubt I will see it get smaller.

[curley]

	Quote:	Urs Max
	Yes, no. Instead of increasing the price to make up for increased costs Mondelez reduced the amount of chocolate by removing a few triangles. I'm surprised you haven't heard.

Well, that system is not new, it's just not that obvious with other products. It's almost kind of honest. LOL.

Well, the few black Troblerone I bought this year all looked "normal", meaning like I'm used to.

"Office for Budget Responsibility to tear up forecasts for UK growth"

https://www.theguardian.com/business...-for-uk-growth

And all before Brexit even happens.

Ever since Brexit there's been hardly any articles about Israel on the Guardian website. Funny that.

	Quote:	Loz1983
	Ever since Brexit there's been hardly any articles about Israel on the Guardian website. Funny that.

You mean apart from the 23 with Israel as main focus I found searching "Israel" and "by relevance" before I got bored with counting on the 7th or 8th page of results


Searching by date would reveal a lot more but also includes Ottolenghi recipes. The Guardian's search is about as good as the EFs.

[dawiz]

Good riddance, apparently:

http://www.tagesanzeiger.ch/ausland/...story/16018592

[st2lemans]

	Quote:	dawiz
	Good riddance, apparently

Speaking with my wife's Italian cousin yesterday in Italy, that was certainly his opinion.

Tom

The last paragraph says all you need to know. The next two largest economies in the EU after the UK are the most eurosceptic. Holland is not far behind. Of course every former Soviet backwater is pro EU, they get money for nothing and get to travel where they please for work. When someone else is footing the bill, it's all gravy.

[amogles]

	Quote:	Loz1983
	The last paragraph says all you need to know. The next two largest economies in the EU after the UK are the most eurosceptic. Holland is not far behind. Of course every former Soviet backwater is pro EU, they get money for nothing and get to travel where they please for work. When someone else is footing the bill, it's all gravy.

Many of them are also pro EU because they're scared shit of the Russians coming back.

[marton]

	Quote:	marton
	Brexit blamed for £100 billion budget black hole, Weak growth and big fall in sterling after EU vote mean government economic targets likely to be scrapped. Britain faces a £100 billion black hole in its finances because of Brexit, Chancellor Philip Hammond will reportedly tell MPs in next week’s Autumn Statement. Mr Hammond’s predecessor as chancellor, George Osborne, had promised the UK would be in surplus by 2019-20 and made this a core part of his economic policy. But this is now almost certain to be missed. The pessimistic forecasts appear to be a vindication of Treasury warnings, made before the EU referendum, about the likely economic impact of Brexit on the UK economy. Chancellor George Osborne warned in June that Brexit would lead to £30 billion of further spending cuts and tax rises – a claim that was heavily criticised at the time by the Leave campaign and many Conservative MPs. Source Public sector debt will jump, Mr Hammond will be forced to admit, by £100bn this year, raising it from 83 per cent of national income to almost 90 per cent from higher borrowing. By far the largest reason for the Brexit hole in the public finances will be lower growth. With bad income tax revenues so far this financial year, it was “very unlikely” to hit the 2016-17 Budget forecast.

According to Hammond today in the Autumn Statement Public sector debt will jump to 122bn not 100 Bn as preciously forecast.
No big surprises, most newspapers carry details.
17& Corporation tax is confirmed before 2020!

Even the Mirror says "Philip Hammond forced to slash growth and raise borrowing in grim Autumn Statement after Brexit" and "the Leave vote unleashed a massive downgrading of expected growth in the coming years."

[marton]

Martin Schulz will leave the European Parliament next year.
Martin Schulz, the president of the European Parliament, will run for a seat in the German Bundestag next year, he told POLITICO.

Given that he’s set to head the list for the state of Nord-Rhine Westphalia, he is close to guaranteed a seat in the federal parliament — formalizing his ambition to be a contender for Germany’s top job in next year’s election.

Source

Oh well I suppose he will not be so interested in negotiating Brexit; he will be too busy politiking for his German party.

	Quote:	marton
	Martin Schulz will leave the European Parliament next year. Martin Schulz, the president of the European Parliament, will run for a seat in the German Bundestag next year, he told POLITICO. Given that he’s set to head the list for the state of Nord-Rhine Westphalia, he is close to guaranteed a seat in the federal parliament — formalizing his ambition to be a contender for Germany’s top job in next year’s election. Source Oh well I suppose he will not be so interested in negotiating Brexit; he will be too busy politiking for his German party.

Good. Though he will only be replaced by someone of the same mold. Leaders of Parliament shouldn't be so biased.

When Berlusconi called him a Kapo though, proper bantz.

[amogles]

	Quote:	Loz1983
	Good. Though he will only be replaced by someone of the same mold. Leaders of Parliament shouldn't be so biased. When Berlusconi called him a Kapo though, proper bantz.

Some might say that the rats are leaving the sinking ship.

	Quote:	amogles
	Some might say that the rats are leaving the sinking ship.

Get out of my head, amogles

Schulz probably feels he needs to get back into a steady post in Germany. Didn't he have a run in of sorts with Merkel last year? This move too ahead of the elections, hedging his bets I'd say.

EDIT: just read your post marton, right your are.

	Quote:	amogles
	Some might say that the rats are leaving the sinking ship.

I don't think so, they're far too deluded for that. They've hit the iceberg but it's full steam ahead. Mooooaaaar Europe!

In other news, the Euro is currently tanking. 20 month low now against the dollar. Wonder what this will mean for the CHF?

[marton]

	Quote:	Loz1983
	Good. Though he will only be replaced by someone of the same mold. Leaders of Parliament shouldn't be so biased. When Berlusconi called him a Kapo though, proper bantz.

"Leaders of Parliament shouldn't be so biased." The leader of the EU Parliament is obliged to do his best for the EU.

[Reb77Br]

Nigel Farage gets close to top billing on the BBC website today:
Nigel Farage warns of 'seismic shock' if Brexit not delivered
http://www.bbc.com/news

He seems to command as much BBC attention as government ministers.

No trace of him on CNN's Europe page:
http://edition.cnn.com/europe

Also on the BBC front page but in a less prominent position:
Euro MPs vote to freeze Turkey EU membership talks
How will the Brexiteers spin that, after waving the spectre of Turkey's EU membership?

	Quote:	marton
	According to Hammond today in the Autumn Statement Public sector debt will jump to 122bn not 100 Bn as preciously forecast. No big surprises, most newspapers carry details. 17& Corporation tax is confirmed before 2020! Even the Mirror says "Philip Hammond forced to slash growth and raise borrowing in grim Autumn Statement after Brexit" and "the Leave vote unleashed a massive downgrading of expected growth in the coming years."

Interesting how we're now seeing UK media vox pops and comments to the effect that "No-one warned us about this".

Seems "Project Fear" wasn't such a scare project after all. And seems far too many people were simply not prepared to listen.