I need to ask. If the net the EU got from Britain was like 105mil or something and a lot of the 350mil went back into uk to feed the idel welsh and NI and scots (apparently) If the UE demands 300mil per day for access to the EU then who will feed the idle?
Deutsche's analysts: "Political and economic uncertainty is here to stay, and we expect the coming weeks and month will see significant volatility in the share prices of UK financials and those with UK operations."
Wall Street poised for steep losses at opening bell And so the global sell-off continues... Over in the US, stocks are set to suffer sharp falls at the opening bell on Wall Street as investors assess the implications of Brexit. On Friday, Wall Street suffered its worst day in 10 months following the referendum outcome.
Pound hits fresh 31-year low of $1.3151 Another new 1985 year low. The pound has fallen further and is now down some 4% today, dragging it to a fresh 31-year low of $1.3151. .................... I can't find any good news... the FTSE has levelled off?
please log in to view this image The pound was factoring in a remain vote at 1.49 I think but this is some big swings. We dropped more in the pre referendum jitters at 7% and ever before and then recovered. Now after 2 days we have seen an 11% slide.
Yes, good read. I doubt many of the people who voted in the referendum last week thought of all these implications. Especially those who voted for leave. To me it is/would have been sensible to have a yes vote from all the 4 countries of the UK before such a drastic and important change is made. To say that Scotland has to follow the whole of the UK's decision (which we suspect was based on untruths and false promises) is disingenious and an affront to the scottish people as a separate nation. If we hold a second referendum there may be uproar in some quarters, and some may have egg on their faces. But ultimately the UK cannot Brexit unless parliament and its MPs approve. Now is no time for party loyalty or some misguided sense of democratic principle. They have to stop that irreversible catastrophic and mistaken decision which could lead the UK into the abyss.
The FTSE 100 has dipped below 6,000 this afternoon, bringing its losses to 2.45% so far today. London's blue chip index touched 5,988.00 as a sell-off in housebuilders and banking stocks intensified.
http://www.cnbc.com/2016/06/27/us-markets.html U.S. stocks traded sharply lower Monday, extending Friday's decline after the surprise U.K. vote to leave the European Union. The Dow Jones industrial average fell more than 250 points in mid-morning trade. The S&P 500 traded more than 1.5 percent lower and struggled to hold the psychologically key 2,000 level. Both indexes fell below their 200-day moving averages in intraday trade for the first time since mid-March. 3M, IBM, and Goldman Sachs had the greatest negative impact on the Dow as nearly all constituents declined. Financials traded more than 2.5 percent lower to lead S&P sector decliners. Investors remained defensive, with telecom company Verizon the only positive Dow component and utilities the only advancing S&P sector. The factors behind the decline are "not anything different" from Friday, said Ryan Larson, head of equity trading, U.S., at RBC Global Asset Management (U.S.). "Just a continuation of the concerns regarding the outcome. Unfortunately (it's) not a one-day event, a two-day event, but presents significant uncertainties not only for the U.K. but how the world will be impacted going forward."
What is the total number of Scotts, Irish (and London) people who vote leave, because if it totals 1.3m or more then they have had a significant say in the outcome of the referendum so I fail to see the "we didn't vote for it" argument.
you can ignore the irish and scotts in that and say with the rates of votes in london that 1.3mil does come form there alone. however you can't on one hand say majority rules everywhere then say the majority that voted stay that considers itself a devolved nation of its own doesn't count. Scotland are gone and london as a financial capital is ****ed.
the amount that tipped the balance to leave. However it should only be half that.. if 650,0001 voted remain instead it'd be a remain... he's talking about that many people... who've ****ed the global economy.
Apparently Article 50 cannot be triggered by the PM. He needs parliament to pass the law and approve. If the MPs vote against and not follow their party/constituency lead, then it will not happen. Stuff the democratic wishes based on lies and bigotry. Most of the population is for capital punishment but we have so far resisted that abomination. Two thirds of our Mps are agianst brexit and will probably even be more so after the crash of the stock market and the GBP.
To be honest, if this happens its something i was expecting. I just can't see us leaving the EU. Just like how the EU made Ireland do a re-referendum on the treaty of lisbon, i don't think the fatcats will let us leave the EU as they pretty much run the show. Then the EU can carry americanising itself and achieve its goals or an all powerful, all conquering dictating entity that it wants to become.
