The EU debate - Part III
- Thread starter Jürgenmeiʃter
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You either love or hate Marmite.
It's a bit of a Marmite product.
I've always found that quite a coincidence. Maybe that's why they called it Marmite.
Without boring you to death, unfortunately it doesn't work like that. That's why you generally see the number 1 branded product along side unbranded products even in the Aldi, Lidl supermarkets.
As an example, if you make changes to you product for cost saving reasons, then Tesco's want a percentage of that saving.
Sorry writing this on my phone and it went a bit haywire!
This is why branded products are an important part of Tesco's and other supermarket business models.
Just had a quick look at Unilevers third quarter results, that are showing that the effects caused by currency fluctuations is at 2.9% for the first 9 months. So I personally think they are trying it on with a 10% increase across the board.
That has nothing to do with it. It's an entirely different subject and open to opinion.
What's happening in a direct result of the UK's decision to leave the EU. No, it hasn't actually happened yet, but May's setting of dates and her hardline rhetoric have exacerbated the reactions from both the markets and from business. In other words, the realities of Brexit are now hitting home.
Expect even more turmoil if and when this article 50 is eventually triggered.
Again, obviously I disagree.
Not everything is a direct result of the referendum. Even for the tesco issue it's part of a wider issue.
Also, we haven't brexited yet. What fuss there us, us as a consequence of words. The actions haven't occurred yet.
It still simply shows the problems of the current global economic system, that brexit is one part of.
I'm not convinced.
The triggering of A50 is a formality that everyone is already factoring into their plans. No one genuinely believes it will not happen and if an announcement was made to reverse A50 decision then currency markets would respond positively.
It's a matter of reality, Steven. There was a hope, albeit a slim one, that it may never happen. The setting of dates and current rhetoric from both sides has spooked both the markets and business.
May's continued insistence on immigration control is leading people into starting to factor in the UK leaving Europe with no trade agreement in place.
Both are reacting poorly to the dawning realty of the U.K's future outside Europe, especially if the hard Brexit idiots get their way.
I've explained the reasons for the current 'fuss', as you call it, in my reply to Steven.
Whatever global economic system you're on about I'm not sure. Different countries operate entirely different economic systems. As such, there is no rigid global economic system.
What's happening in the markets and in business in the U.K. is directly or indirectly attributable to Brexit
Noisy Jocks
SNP's Nicola Sturgeon announces new independence referendum bill
http://www.bbc.co.uk/news/uk-scotland-scotland-politics-37634338
Everyone who trades in the world markets takes into account what they know about the future. What they thought they knew changed abruptly as the referendum result was announced. If you look at the GBP/USD chart for that evening you can see the value of GBP rise as the exit poll showed a majority for staying in and then drop like a stone when it became clear from the early results that Leave was going to win. The value of the GBP is now heavily related to the details of the Brexit process.
I'm willing to bet that the triggering of A50 will barely register and that the true trigger for any change in market sentiment will be the EU response to the terms requested after A50.
I disagree to an extent.
Yes, of course the terms of our exit are extremely important, and as I've said, at the moment the markets and a large part of business is starting to figure in a hard Brexit.
However, I still feel there will be a reaction when the trigger date is finally announced.
You can't really argue with this Hull. Whilst a lot of economists were saying the some correction to exchange rates may happen (before the referendum date was even announced), what we are seeing today is as a direct result.
I saw your opinions of the reasons, I don'tv agree with them for the creasing I'be mentioned, including the impact and influence of the global economy.
Then we disagree.
I believe my explanations are very valid ones.
Perhaps you'd care to elaborate on your theory as to how this global economic system is causing the UK's problems instead?
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