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

	Quote:	fatmanfilms
	If the EU was judged as a country it would rank 123rd in the world https://www.express.co.uk/news/world...rmance-economy

On the same measure (size of government -- yet another misleading Express (and FMF) headline), presumably Switzerland would rank right down near the bottom.

[marton]

The UK's biggest auto manufacturer -- Jaguar Land Rover -- is cutting 1,000 jobs in Birmingham as Brexit and slumping sales related to diesel emission concerns hit the quintessentially British brand.

Source

The Jaguar Land Rover factory is situated in an area that voted over 56% Leave.

Jaguar Land Rover is owned by India's Tata Motors.

[Urs Max]

	Quote:	fatmanfilms
	If the EU was judged as a country it would rank 123rd in the world https://www.express.co.uk/news/world...rmance-economy

What's the measure for government size? And how does size say anything about range and quality of services rendered?

[marton]

The UK Government has lost a key Brexit vote, with the upper House of Parliament backing calls to remain in the EU customs union after Brexit.

The House of Lords voted 348 to 225 to amend the government's EU Withdrawal Bill, which will now return to the House of Commons where the defeat is likely to spur renewed opposition.

Source

Getting tedious.......

[Jim2007]

	Quote:	marton
	The UK Government has lost a key Brexit vote, with the upper House of Parliament backing calls to remain in the EU customs union after Brexit. The House of Lords voted 348 to 225 to amend the government's EU Withdrawal Bill, which will now return to the House of Commons where the defeat is likely to spur renewed opposition. Source Getting tedious.......

So A50 does not provide for any such option, the EU says it is not possible and yet these guys vote for it... does anyone there understand the process they are involved in??

An new customs union would be a separate agreement, subject to WTO approval and given the nature of the deal they want, would require the UK to give up most rights to negotiate trade deals - just like the other 27 members of the union....

	Quote:	marton
	The UK Government has lost a key Brexit vote, with the upper House of Parliament backing calls to remain in the EU customs union after Brexit. The House of Lords voted 348 to 225 to amend the government's EU Withdrawal Bill, which will now return to the House of Commons where the defeat is likely to spur renewed opposition. Source Getting tedious.......

Well I’m never going to vote for any of them ever again.

	Quote:	Jim2007
	So A50 does not provide for any such option, the EU says it is not possible and yet these guys vote for it... does anyone there understand the process they are involved in??

Exactly. Complete waste of time, they either accept the deal which the government negotiates or it’s no deal. These votes and “defeats” are meaningless.

[marton]

The cost of the Brexit divorce bill for the UK could be billions higher than the £35bn-£39bn figure put forward by Theresa May, a report by Whitehall’s spending watchdog suggested.

The National Audit Office (NAO) has warned that the UK could pay an extra £3bn more in budget contributions as well as an additional £2.9bn to the European Development Fund.

Source

Maybe they can borrow money from the NHS

Meanwhile the Telegraph is claiming that the EU have rejected the various UK plans for the Irish border on the basis that none of then will work. The Telegraph claims this will mean UK has to stay in the Customs Union; I have no idea if this is a viable option?

The same newspaper has an article on the recovery of the value of Sterling which some people ascribe to the foreseen benefits of Brexit and others due to the belief Brexit will not happen

	Quote:	marton
	Meanwhile the Telegraph is claiming that the EU have rejected the various UK plans for the Irish border on the basis that none of then will work. The Telegraph claims this will mean UK has to stay in the Customs Union; I have no idea if this is a viable option?

Pretty sure to have an open border they would need both customs union AND single market.

[pdofr]

	Quote:	marton
	The same newspaper has an article on the recovery of the value of Sterling which some people ascribe to the foreseen benefits of Brexit and others due to the belief Brexit will not happen

Mid rate lookup just showed 1 CHF = 73 pence

Funny, I could swear it was only worth 70p last week

Oh hang on, which currency has Sterling recovered against? The USD or Euro? (or both?)

Meanwhile over at the Guardian:

Pound dips as Carney casts doubt on May rate rise - business live

	Quote:
	Pound dips to $1.4058 and €1.1388

[Aeneas]

	Quote:	marton,2937284
	Meanwhile the Telegraph is claiming that the EU have rejected the various UK plans for the Irish border on the basis that none of then will work. The Telegraph claims this will mean UK has to stay in the Customs Union; I have no idea if this is a viable option?

Cue some idiotic Tory making a comment on how troublesome the Paddies are over all this.

	Quote:	pdofr
	Oh hang on, which currency has Sterling recovered against? The USD or Euro? (or both?)

USD, from the last 12 months.

[TobiasM]

	Quote:	Aeneas
	Cue some idiotic Tory making a comment on how troublesome the Paddies are over all this. USD, from the last 12 months.

And as to tie the whole shebang together: https://www.rt.com/business/424054-s...-billionaires/

	Quote:	pdofr
	Mid rate lookup just showed 1 CHF = 73 pence Funny, I could swear it was only worth 70p last week Oh hang on, which currency has Sterling recovered against? The USD or Euro? (or both?)

More a relative weakness in the CHF (has hit 1.2 to the Euro). GBP to EUR is relatively stable at roughly 1.14 - although it did enjoy a brief peak last week.

With any luck this might finally mean the end of negative CHF interest rates.

[marton]

Speculation that May is preparing to concede on a customs union, which has been a red line since the prime minister’s conference speech in October 2016.

Government hopes of avoiding a hard border in Ireland either through technological innovation or regulatory alignment have been set back after they were rejected during preliminary negotiations in Brussels.

Source

	Quote:	marton
	Speculation that May is preparing to concede on a customs union, which has been a red line since the prime minister’s conference speech in October 2016. Government hopes of avoiding a hard border in Ireland either through technological innovation or regulatory alignment have been set back after they were rejected during preliminary negotiations in Brussels. Source

I suspect this story will come under the long list of Guardian "we'll just make up bollocks and print it anyway" Brexit stories.

[TobiasM]

	Quote:	Loz1983
	I suspect this story will come under the long list of Guardian "we'll just make up bollocks and print it anyway" Brexit stories.

Seems genuine to me. I believe all the papers and news outlets are pushing the agenda they want. And depending how you feel about it, its bollocks or not. If you would rather read pro Brexit nonsense there are a fair few misguided media outlets pushing that idea too.

	Quote:	TobiasM
	Seems genuine to me. I believe all the papers and news outlets are pushing the agenda they want. And depending how you feel about it, its bollocks or not. If you would rather read pro Brexit nonsense there are a fair few misguided media outlets pushing that idea too.

Nothing to do with pro Brexit or anti Brexit media. If she does what they're suggesting then she's toast, end of story.

[Blueangel]

May has 'been toast' so many times over her time in office, that I hardly expect the concept to be a deterent to her anymore.

Ahh yes, bollocks. I’m sure the Graun just prints stuff it wants to be true when it comes to Brexit.

Government insists UK will leave customs union

[TobiasM]

	Quote:	Loz1983
	Ahh yes, bollocks. I’m sure the Graun just prints stuff it wants to be true when it comes to Brexit. Government insists UK will leave customs union

If you read the title of the Guardian article, it might help you understand, it says, "could".

Its a speculative piece of journalism, but it is legitimate. In the same way you might sit in a pub with your mates (which I doubt you have) discussing what if's. The author I would hazard a guess has a more thorough knowledge and expertise in politics then you. So before you dismiss a whole newspaper who's premise is genuine journalism, maybe try to understand the article in the first place .

[Pachyderm]

I’ve read the Guardian for more than 40 years, but the quality of its journalism over Brexit has plunged it to a new low, IMO. Even the pro-Brexit Telegraph carries frequent opinion pieces representing the other side of the argument. The Times, anti-Brexit, has regular articles from Brexiteers.

By contrast, the Guardian refuses to accept the possibility that there may be alternative views, and the paper has been wall-to-wall anti-Brexit since the start of the campaign — and continues to be so. Quite abusive and irrational at times. Any anti-UK utterance from any EU politician, no matter how insignificant, is turned into a news story to push its agenda. Very disappointing. I don’t mind them having an editorial slant, but it would be good if they could at least acknowledge that there may be other perspectives.