There is absolutely no reason why the New financial hub in Europe is not Frankfurt or Paris. The transfer has already started. The same with the Japanese car manufacturing and other industries run by foreign multinationals. wouldn't it be ironic for the likes of Sunderland ? I had said last week that the argument used by Brexiteers that Britain is the 5th largest economy in the world can also be used to support remain too. Why would people base their industry in a market of 60m to export to a huge one of 500m when they can be in the middle of the latter? All the arguments about Bmw being sold by the Germans (one of the most annoying arguments I find) to us is again based on continuing prosperity. When we go into a recession, a real possibility, and the main financial hub is transferred, there won't be very much demand for BMWs
following the incredible success of the petition requesting a 2nd referendum (now >2.8m) the people who voted leave but are now shocked by the events which they did not wish to happen can do this: Petition their MP and request that they vote against the signing of the law for the UK to exit. Parliament can reverse this catastrophic mistake.
I never won the lottery last night should I start a petition to get them to rerun it until I do. I appreciate M.P.'s can overturn the result of the referendum, but if they do it is a very dangerous road to go down, in the future would everyone be happy for the government of the day, be it extreme right wing or extreme left wing to ride roughshod over the will of the people. You can't pick and choose the democratic decisions that suit you as an individual. What happens if the Tories win the next election by a small majority, do we run it again until Labour win by a small majority, and then again because their majority is small and the Tories are unhappy?
Morgan Stanley have denied BBC reports that they are moving 2,000 jobs out of London. Aston Martin have confirmed they are going ahead with a new £200m plant in Wales. BBC don't seem to be reporting such announcements, bit of left wing bias perhaps?
The will of the people based on Lies. I read this morning that Boris and Gove were shocked by the result. They knew of the catastrophic consequences of Brexit and never expected to win. That would explain their glum faces at their 'victory' speech. More like a funeral and they have absolutely no idea what to do next. How do they negotiate with the EU about the divorce ?
So its not all done and dusted yet. One referendum to settle the matter once and for all. That was David Cameron's pitch to us as voters. We responded and decided. But is it as simple as that? Does a 'leave' vote definitely mean a Brexit? EU officials seem to think so. They are already trying to force the pace. The EU's branches of government want a quickie divorce. "I would like to get started immediately," said Jean Claude Juncker, European Commission president. But he can't and no one else can. Only Britain can begin the process of separation, formally, by invoking Article 50 of the European Union's Lisbon Treaty. For now it seems, Europe will have to wait and watch politics unfold in Britain. David Cameron has complicated things. Having said he is not a quitter, he has decided to quit, or do so in a few months. He will not follow through on his own referendum, saying his successor as Conservative leader will have to do so instead. And there's the rub. People voting to leave may have understandably thought the outcome would be acted on. Well not yet and a lot now depends on politics and diplomacy. Mr Cameron will be replaced by a new Conservative leader and prime minister who will decide how to exercise the manifest will of the majority of the country regarding Europe. Then it all comes down to Article 50. Does Parliament have to approve it and how? It is not entirely clear. Expert opinion differs. The Government has studiously avoided clarification. If it requires a vote, there could be a constitutional crisis. A majority of MPs oppose Brexit. Would they dare defy the outcome of the biggest exercise in democracy in modern British history? Possibly, if they believe they are acting in the best interests of their constituents. That is after all their duty. Secondly, would a new Conservative leader and prime minister be able to remain in power long enough to invoke Article 50, anyway? The Tory majority is a slim one. If Boris Johnson, or Theresa May, or whoever replaces Mr Cameron face difficulties managing that majority, a new general election looms. Could Europe then intervene? A new offer from the EU at that point could be crucial. The Labour leader could campaign on staying in the EU, on the better terms being offered. They would risk losing the many Labour voters who wanted Brexit but could gain others who want to remain. It would be a single issue election, in effect a second referendum on Europe. If it led to a remain outcome the fallout would be unimaginably messy but Britain would stay in the EU. So far, it has to be said, the EU is showing no sign of wanting to wait and play a tactical game to keep Britain in. The EU's priority is to maintain stability and prevent a contagion. Logically that requires swift and decisive action. European Parliament President Martin Schulz says he is already consulting lawyers to see if there is a way around Article 50. And a revised offer from the EU, to help influence British electoral politics down the line, looks problematic. The EU cannot afford to be generous to the UK for fear of encouraging others to follow its lead. Speculative scenarios, with enough ifs and buts to shake a stick at? Certainly. But they illustrate the complexities ahead. We are deep in uncharted territory now; a Bermuda triangle of politics, diplomacy and economics intersecting in the strangest of ways. The old rules of navigation seem to have been upended. But then, aren’t we getting used to that? http://news.sky.com/story/1717492/does-a-leave-vote-definitely-mean-a-brexit
That's because the EU funding comes with terms and conditions. The outputs and targets attached to these funding streams will have multi-ethic responsibilities for example. That's the same for any funding steams, they all have they output goals. They're all setup up for a reason.
On gove and Johnson. Both want the job but neither wants to send the letter or do the negotiation and be the new neville chamberlain. But they told everyone things were going to be great.
The discussion on what the **** to do now should be tipping people off.... There's no grand plan here. I am wondering what the **** is going to happen on Monday morning in the markets. Asia starts first and we could wake up to a crash...
Or things could just go on as before, who knows. There is bound to be a short period of market uncertainty then matters will calm down, maybe the markets will have dropped a bit, but as the matter proceeds and we can see where we are heading then we will realise what the consequences are and whether they are all bad. I suspect there will be advantages and disadvantages going forward depending on what position the country is in after we have agreed the terms of us leaving and how we trade with the EU going forward.
We will only find out about Monday on Monday. After that I'm not seeing any plan. I think the first priority should be an immediate tory party leadership contest. If they delay on starting that even how can anyone have confidence
Business secretary made look a total twat on Marr show now. All his threats rowed back on.. that gap, recession etc etc oh I never meant it. What a joke.
It has already started unofficially with them jostling for position and testing the waters. The problem is there are so few real candidates so the two they choose will probably be Boris and A. N. Other.
