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

[fatmanfilms]

	Quote:	Jim2007
	It is very surprising because right now they have the best of both worlds - full acces to EU markets and an undervalued currency - they should be steaming ahead...

The EU is hardly a fast growing market, it's loosing it's global share every year. I read that Ireland will be more effected that the UK, which possibly explains your position. Oh remind me what language will Ireland deal with the EU in, when English is no longer an EU language

	Quote:	fatmanfilms
	The EU is hardly a fast growing market, it's loosing it's global share every year. I read that Ireland will be more effected that the UK, which possibly explains your position. Oh remind me what language will Ireland deal with the EU in, when English is no longer an EU language

It doesn't really make sense seeing as English is the lingua franca for most cross-communication in the EU, anyway.

Seems there is no real appetite for changing the status quo post Brexit, either.

	Quote:
	English will be heard somewhat less after Brexit, simply because of the exodus of a big group of Anglophones. But English is not just British: it is also an official language in Ireland and Malta. More important, the three enlargements of the EU since 2004 have decisively shifted the balance in Brussels from French towards English. There is no consensus for going back, still less for switching to German.

[Reb77Br]

	Quote:	Blueangel
	Phillip Scholfield scored another peach of an inyerview on This Morning with Henry Bolton and his squeeze. This one got me thinking.... Former UKIP leader, Farage, had a German wife and French lover. Bolton has had a Danish wife and two Russian wives, the last one of which has taken the kids and gone working in Vienna to support the family whilst he gets his end away with a vile piece of work. It seems to me that two UKIP leaders have made above average use of immigration to supplement their love lives. And that's without even mentioning the walking Wotsit over the pond.

Arron Banks, of Leave.EU, also has a Russian wife.
X MI5 SPY: Do Mr and Mrs Banks have something to tell us?
Russian 'spy' case: Liberal Democrat MP 'helped second Russian girl'
The best Russian spy for 30 years: Ex-KGB man's verdict on blonde accused of 'honeytrap' affair with Lib Dem Hancock

Watching this (Holly and Phillip Grill Jo Marney Over Racist Comments About Meghan Markle | This Morning), it seems to me that Jo Marney has a slight foreign accent, though the Sun article Who is Jo Marney? says she's from Kent.

[Chuff]

	Quote:	fatmanfilms
	The EU is hardly a fast growing market, it's loosing it's global share every year. I read that Ireland will be more effected that the UK, which possibly explains your position. Oh remind me what language will Ireland deal with the EU in, when English is no longer an EU language

Juncker was once more an idiot when he said English would no longer be a main language. English is the most commonly learned language of most of the European nations.

	Quote:	Chuff
	Juncker was once more an idiot when he said English would no longer be a main language. English is the most commonly learned language of most of the European nations.

Whether or not he was serious, it was top trolling anyway...

	Quote:
	“I gave a speech in Florence in May and I was saying as English is slowly disappearing from Europe I will express myself in French. The French were happy. The British - I had a shitstorm coming from the other side of the Channel,” he told students in his native Luxembourg.

[fatmanfilms]

	Quote:
	It doesn't really make sense seeing as English is the lingua franca for most cross-communication in the EU, anyway. Seems there is no real appetite for changing the status quo post Brexit, either.

However I don't believe Ireland chose English as their preferred language at the time, which was the reason for my comment, Jim will know but to date has been remarkably quiet on the matter

	Quote:	fatmanfilms
	However I don't believe Ireland chose English as their preferred language at the time, which was the reason for my comment, Jim will know but to date has been remarkably quiet on the matter

aka trolling...

[Uncle Max]

	Quote:	fatmanfilms
	However I don't believe Ireland chose English as their preferred language at the time, which was the reason for my comment, Jim will know but to date has been remarkably quiet on the matter

Brexit is a nice steamy dump on Ireland. Always fun being a Squaddie on the border. What Good Friday agreement? What's that, Mr Rees-Mogg, Mesopotamia you say..?

[Blueangel]

	Quote:	Reb77Br
	Watching this (Holly and Phillip Grill Jo Marney Over Racist Comments About Meghan Markle | This Morning),

I'm so glad someone else has seen that interview. It's toe-curlingly horrendous in every possible way.

In other news, I wonder of Corbyn realised the irony of giving his (frankly pathetic) Brexit speech whilst standing in front of a RDM Group driverless car https://www.coventrytelegraph.net/ne...-jobs-14340938

[Medea Fleecestealer]

Told ya, cherry picking.

"Labour would seek a final deal that gives full access to European markets and maintains the benefits of the single market and the customs union," he said."

http://www.bbc.com/news/uk-politics-43189878

[Jim2007]

	Quote:	fatmanfilms
	The EU is hardly a fast growing market, it's loosing it's global share every year. I read that Ireland will be more effected that the UK, which possibly explains your position.

Except the comment was not about the size of the EU market. It was about the fact that for the first time the UK is in the same position as both Germany and Ireland - the ability to trade with the world in an under valued currency while still having access to the single market and the EU trade deals. And clearly it has not taken advantage of that.

As for the growth of the EU market and the world economy, this comment always brings me amusement, the implications being that outside the EU, the UK is going to do so much better... the speaker of course ignores the fact that despite access to the single market and the EU trade deals, the UK has been unable to produce a positive balance of trade in over 20 years and that by giving that up to deal with major trading blocks alone, it will do so much better. Sounds like a bit of a fairy tale to me.

There is no doubt that Ireland will be impacted by BREXIT more that most other member states, but at the same time the UK now only represents 16% of Irish exports, which is along way from the 70+% of the early days of the EEC and to day the UK ranks joint 3rd with Belgium. But unlike the UK there is a plan and it is under way - ports are being upgraded, cables being laid to hook up the grid directly to France and new markets are being sought for agricultural products, although that now represents a very small percentage of Irish exports.

	Quote:	fatmanfilms
	Oh remind me what language will Ireland deal with the EU in, when English is no longer an EU language

Ireland will continue to deal with EU affairs in the same language they have done so for the past 40 years - French. French has been Ireland's diplomatic language for a hundred years!

[marton]

The EU’s chief negotiator, Michel Barnier, has conceded that border checks within the UK may be necessary in the future as Brussels published a draft withdrawal agreement under which the Northern Ireland would effectively stay in the single market and customs union after Brexit.


EU said the territory of Northern Ireland may be considered part of the EU’s customs territory after Brexit, with checks required on goods coming in from the rest of the UK, to avoid a hard border on the island of Ireland.

Source

Seems like a simple solution to avoid a hard border across Ireland and will make NI happy as they voted to to stay in the EU.

It will stink Mrs. May to have a hard border between the mainland and NI so I doubt she will go for it and certainly the DUP will not

[fatmanfilms]

	Quote:	Jim2007
	the ability to trade with the world in an under valued currency while still having access to the single market and the EU trade deals. And clearly it has not taken advantage of that.

Why do you say the £ is undervalued? Are you switching all your assets into GBP?, probably not, in which case there is no conviction behind your claim, the £ is valued where the market believes it's correctly valued today.

[marton]

Toys "R" Us and electronics chain Maplin have collapsed in the UK, putting a combined 5,300 retail jobs at risk.

Maplin CEO Graham Harris said the economic fallout of 2016's vote for Brexit had made life even harder.

He said in a statement that the company struggled "to mitigate a combination of impacts from [a currency] devaluation post-Brexit, a weak consumer environment and the withdrawal of credit insurance."

Consumers in the UK have been squeezed by a spike in inflation, driven by the weaker pound since the Brexit referendum, and stagnant wages.

Source

Increasing struggle in UK for retail chains that rely on cheap imported goods due the factors mentioned which factors also drive consumers to avoid the middleman by buying online.

[marton]

	Quote:	fatmanfilms
	Why do you say the £ is undervalued? Are you switching all your assets into GBP?, probably not, in which case there is no conviction behind your claim, the £ is valued where the market believes it's correctly valued today.

I assume he meant that UK exporters have the additional competitive edge due to the fall in the UK currency exchange rate which while UK benefits from the EU trade agreements and Market should be driving an explosion in exports. Probably UK export companies have taken the alternative approach and just increased prices to enjoy the extra profits.

[fatmanfilms]

	Quote:	marton
	Toys "R" Us and electronics chain Maplin have collapsed in the UK, putting a combined 5,300 retail jobs at risk. Maplin CEO Graham Harris said the economic fallout of 2016's vote for Brexit had made life even harder. He said in a statement that the company struggled "to mitigate a combination of impacts from [a currency] devaluation post-Brexit, a weak consumer environment and the withdrawal of credit insurance." Consumers in the UK have been squeezed by a spike in inflation, driven by the weaker pound since the Brexit referendum, and stagnant wages. Source Increasing struggle in UK for retail chains that rely on cheap imported goods due the factors mentioned which factors also drive consumers to avoid the middleman by buying online.

I don't know if you ever shopped in Malpin, however the quality of goods was poor & prices were high, same crap from Ebay cost about 25=35% including shipping costs, a weird business at best.

	Quote:	marton
	I assume he meant that UK exporters have the additional competitive edge due to the fall in the UK currency exchange rate which while UK benefits from the EU trade agreements and Market should be driving an explosion in exports. Probably UK export companies have taken the alternative approach and just increased prices to enjoy the extra profits.

Most countries have tried to devalue their currency including CH, UK currently doing best however over 7 years the Euro has been weaker on average as Fundsmith's performance in Euro's trumps performance in £ so no reason to think the £ is particularly undervalued.

[McTAVGE]

	Quote:	fatmanfilms
	The EU is hardly a fast growing market, it's loosing it's global share every year. I read that Ireland will be more effected that the UK, which possibly explains your position. Oh remind me what language will Ireland deal with the EU in, when English is no longer an EU language

I think we should all have a go at Irish Gaeilge!

[marton]

Theresa May has conceded that new EU migrants who come to Britain during the Brexit transition will have the right to settle permanently in the UK, in a major climbdown over future residency rights.

The concession, slipped out in a Brexit policy paper by the Home Office, also makes clear that new EU migrants who arrive after March 2019 will be given a five-year temporary residence permit, not the two-year one that was previously proposed by ministers.

Source

Probably a good decision but yet another example of the chaos and multiple U turns

[Reb77Br]

British nationals living in the EU are to lose their freedom of movement rights. Maybe they're considered expendable if many can no longer vote in the UK.

Reality Check: What does the EU Brexit draft reveal?

[Medea Fleecestealer]

	Quote:	marton
	Toys "R" Us and electronics chain Maplin have collapsed in the UK, putting a combined 5,300 retail jobs at risk. Maplin CEO Graham Harris said the economic fallout of 2016's vote for Brexit had made life even harder. He said in a statement that the company struggled "to mitigate a combination of impacts from [a currency] devaluation post-Brexit, a weak consumer environment and the withdrawal of credit insurance." Consumers in the UK have been squeezed by a spike in inflation, driven by the weaker pound since the Brexit referendum, and stagnant wages. Source Increasing struggle in UK for retail chains that rely on cheap imported goods due the factors mentioned which factors also drive consumers to avoid the middleman by buying online.

Already mentioned.

https://www.englishforum.ch/general-...nstration.html

Maplin started as a mail order business so not really any excuse for getting things wrong re online these days. The owner is yet another so-called investment company who probably has no idea of Maplin's market.