Brexit - Merged Threads

[millrace]

At the next round of talks....mr barnier "whats the half of nothing"....exaxtly what you get if we walk.....

British team need to grow a set and tell them thats it agree if you like but were off...and then leave........

[Remimax]

...

British team need to grow a set and tell them thats it agree if you like but were off...and then leave........

Thats's the main problem we face ,its been that long since we've had any, all trace of the "how to" manual have been lost.

No doubt a toe touching performance from team uk faggotsvill will be followed by a sore & bruised rusty rivet hole .

in true EU tradition of having no say, we will not at any point in the talks be allowed to wear the strap on .

[figgy]

 

I nearly spat my food out reading your post Reminax

[Granett]

~ http://www.telegraph.co.uk/business/2017/10/15/britains-missing-billions-revised-figures-reveal-uk-490bn-poorer/

 

Global banks and international bond strategists have been left stunned by revised ONS figures showing that Britain is £490bn poorer than had been ­assumed and no longer has any reserve of net foreign assets, depriving the country of its safety margin as Brexit talks reach a crucial juncture. A massive write-down in the UK balance of payments data shows that Britain’s stock of wealth – the net international investment position – has collapsed from a surplus of £469bn to a net deficit of £22bn. This transforms the outlook for sterling and the gilts markets.

 

“Half a trillion pounds has gone missing. This is equivalent to 25pc of GDP,” said Mark Capleton, UK rates strategist at Bank of America.

 

Making matters worse, foreign ­direct investment (FDI) by companies is plummeting. It fell from a £120bn surplus in the first half 2016 to a £25bn deficit over the same period of this year.

 

~ http://www.independent.ie/world-news/europe/britain/new-figures-show-britain-500bn-poorer-than-thought-36230217.html

 

"The apparent resilience of these flows shortly after the Brexit referendum was an illusion, since the funds had already been committed earlier."

 

Interesting times.

[12gauge82]

~ http://www.telegraph.co.uk/business/2017/10/15/britains-missing-billions-revised-figures-reveal-uk-490bn-poorer/

 

Global banks and international bond strategists have been left stunned by revised ONS figures showing that Britain is £490bn poorer than had been ­assumed and no longer has any reserve of net foreign assets, depriving the country of its safety margin as Brexit talks reach a crucial juncture. A massive write-down in the UK balance of payments data shows that Britains stock of wealth the net international investment position has collapsed from a surplus of £469bn to a net deficit of £22bn. This transforms the outlook for sterling and the gilts markets.

 

Half a trillion pounds has gone missing. This is equivalent to 25pc of GDP, said Mark Capleton, UK rates strategist at Bank of America.

 

Making matters worse, foreign ­direct investment (FDI) by companies is plummeting. It fell from a £120bn surplus in the first half 2016 to a £25bn deficit over the same period of this year.

 

~ http://www.independent.ie/world-news/europe/britain/new-figures-show-britain-500bn-poorer-than-thought-36230217.html

 

"The apparent resilience of these flows shortly after the Brexit referendum was an illusion, since the funds had already been committed earlier."

 

Interesting times.

Blah blah blah blah

[JRDS]

~ http://www.telegraph.co.uk/business/2017/10/15/britains-missing-billions-revised-figures-reveal-uk-490bn-poorer/

 

Global banks and international bond strategists have been left stunned by revised ONS figures showing that Britain is £490bn poorer than had been ­assumed and no longer has any reserve of net foreign assets, depriving the country of its safety margin as Brexit talks reach a crucial juncture. A massive write-down in the UK balance of payments data shows that Britain’s stock of wealth – the net international investment position – has collapsed from a surplus of £469bn to a net deficit of £22bn. This transforms the outlook for sterling and the gilts markets.

 

“Half a trillion pounds has gone missing. This is equivalent to 25pc of GDP,” said Mark Capleton, UK rates strategist at Bank of America.

 

Making matters worse, foreign ­direct investment (FDI) by companies is plummeting. It fell from a £120bn surplus in the first half 2016 to a £25bn deficit over the same period of this year.

 

~ http://www.independent.ie/world-news/europe/britain/new-figures-show-britain-500bn-poorer-than-thought-36230217.html

 

"The apparent resilience of these flows shortly after the Brexit referendum was an illusion, since the funds had already been committed earlier."

 

Interesting times.

 

Released the same day as TM goes to Brussels for crisis talks, more Project fear BS.

 

What this country needs is certainty not transition and the Gallows bringing back for treason from most of Parliament.

Edited October 16, 2017 by JRDS

[Rewulf]

~ http://www.telegraph.co.uk/business/2017/10/15/britains-missing-billions-revised-figures-reveal-uk-490bn-poorer/

 

Global banks and international bond strategists have been left stunned by revised ONS figures showing that Britain is £490bn poorer than had been ­assumed and no longer has any reserve of net foreign assets, depriving the country of its safety margin as Brexit talks reach a crucial juncture. A massive write-down in the UK balance of payments data shows that Britain’s stock of wealth – the net international investment position – has collapsed from a surplus of £469bn to a net deficit of £22bn. This transforms the outlook for sterling and the gilts markets.

 

“Half a trillion pounds has gone missing. This is equivalent to 25pc of GDP,” said Mark Capleton, UK rates strategist at Bank of America.

 

Making matters worse, foreign ­direct investment (FDI) by companies is plummeting. It fell from a £120bn surplus in the first half 2016 to a £25bn deficit over the same period of this year.

 

~ http://www.independent.ie/world-news/europe/britain/new-figures-show-britain-500bn-poorer-than-thought-36230217.html

 

"The apparent resilience of these flows shortly after the Brexit referendum was an illusion, since the funds had already been committed earlier."

 

Interesting times.

 

What I find interesting is that 'global banks' and the ONS have only just noticed 500 billion has gone 'missing'

 

Im assuming they know where its gone ?

Or is it a Marie Celeste style 'missing' ?

Im assuming this is all in the space of a year ? i.e. since the referendum ?

The fact that this news has just surfaced is far more relevant than (as there doesnt seem too much of a panic) than the actual 'lost' money.

[mossberg-operator]

https://www.newstatesman.com/politics/staggers/2017/10/no-eu-did-not-stop-theresa-may-getting-rights-eu-citizens

[McSpredder]

..... the ONS have only just noticed 500 billion has gone 'missing'

How come the Office for National Statistics has only just revealed this?

 

 

Are they a useless shower who didn’t have a clue what was happening to the national economy, and should all be sacked immediately for gross incompetence?

 

Are they a mendacious bunch who have known about it for several months and been deliberately lying and concealing the information ?

 

Or might this latest statement itself be highly unreliable?

[Rewulf]

https://www.newstatesman.com/politics/staggers/2017/10/no-eu-did-not-stop-theresa-may-getting-rights-eu-citizens

 

The problem with keeping exactly the same EU citizens rights as of now is two fold.

One is, its not really Brexit if we do, there has to be some sort of differentiation between between UK citizens and EU citizens who havnt been granted permanent residency.

Once they have, then yes ,they should have the same rights as a UK citizen, I dont believe there is an argument there.

People like yourself, who have made the UK their permanent home, should really apply for UK citizenship, this would certainly aid you in what you propose about your sister ect.

The second is reciprocal agreement, the EU seems very reluctant to guarantee UK ex pats rights.

If they are the benevolent organisation we know they are (NOT), surely they would want that, wouldnt they ?

Why should we be the ones to keep putting offers on the table, whilst they sneer at them ?

 

How come the Office for National Statistics has only just revealed this?

 

 

 

Are they a useless shower who didn’t have a clue what was happening to the national economy, and should all be sacked immediately for gross incompetence?

 

Are they a mendacious bunch who have known about it for several months and been deliberately lying and concealing the information ?

 

Or might this latest statement itself be highly unreliable?

 

Possibly all of the above ?

To me, if this were that important, it would be more front page, and its not.

Its sensationalist journalism for a dull day, a bit like saying a FTSE 100 company has 'lost' billions ,when whats actually happened is ,its share price has temporarily gone down.

[TriBsa]

 

EU migrants who arrive in the UK over the next 18 months will be entitled to stay in Britain permanently after Brexit, The Telegraph has learned. British officials believe that the issue of citizens' rights is "done and dusted" after conceding that all migrants who arrive in the UK by March 2019 will be entitled to stay without restrictions.

The Prime Minister previously suggested that she could make the cut-off date for EU migrants March of this year, when she triggered Article 50 and formally opened Brexit negotiations. The UK has now dropped that threat.

 

http://www.telegraph.co.uk/news/2017/10/18/eu-migrants-coming-uk-next-18-months-can-stay-good-brexit-officials/

 

Looks like May has caved in. Now do we get a stampede?

[Scully]

I think I may be resigning myself to the distinct possibility that Brexit isnt going to happen.

[12gauge82]

My hope now is that the EU are that unreasonable it forces a no deal from the uk

[panoma1]

You can't help but suspect that the intention of the UK government all along, was to usurp the democratic process by stalling and frustrating progress and/or watering down any positive benefits the UK and its people would gain from Brexit! Confident that as a result of these tactics, many people would lose interest in Brexit and in consequence resistance to the UK remaining in the EU would start to wane........at this point the government could hold another referendum with a very good chance of democratically overturning the original will of the people.........I further suspect they are right, and this has already started to happen?

 

As I see it, if the EU won't enter negotiation now, the only hope is that the UK government issue them with an ultimatum, if the EU comply fine! If they don't.........the UK should just walk away!

[TriBsa]

My hope now is that the EU are that unreasonable it forces a no deal from the uk

 

Yes that is fine in principle, but I think they would still unilaterally throw concessions the EU's way.

[12gauge82]

 

Yes that is fine in principle, but I think they would still unilaterally throw concessions the EU's way.

Agreed, it's a farce and I've always suspected nothing less, I've a feeling farage will eventually set up a new political party.

[TriBsa]

Agreed, it's a farce and I've always suspected nothing less, I've a feeling farage will eventually set up a new political party.

 

Problem then is, how do you in future nullify any concessions that they have made in a deal assumimg it passes through Parliament? Giving away access say to our fishes grounds as an example. This is all too serious to have the hapless remainer May at the helm.

Edited October 19, 2017 by TriBsa

[12gauge82]

 

Problem then is, how do you in future nullify any concessions that they have made in a deal assumimg it passes through Parliament. Giving away access say to our fishes grounds as an example. This is all to serious to have the hapless remainer May at the helm.

Yes very good point, I hope if Mrs May back slides on brexit the UK population shows it's displeasure, it would be two fingers to the principle of a free and democratic country.

[Granett]

Brexit clash: Amber Rudd contradicts David Davis - claims 'no deal Brexit is unthinkable'

 

AMBER Rudd says that it is unthinkable that there will be a no deal Brexit despite David Davis saying it would be sensible, it has been revealed.

 

http://www.express.co.uk/news/politics/867793/brexit-eu-european-union-uk-amber-rudd-david-davis-no-deal-theresa-may-michel-barnier

[Rewulf]

Brexit clash: Amber Rudd contradicts David Davis - claims 'no deal Brexit is unthinkable'

 

AMBER Rudd says that it is unthinkable that there will be a no deal Brexit despite David Davis saying it would be sensible, it has been revealed.

 

http://www.express.co.uk/news/politics/867793/brexit-eu-european-union-uk-amber-rudd-david-davis-no-deal-theresa-may-michel-barnier

 

Clarified on newsnight last night.

Unthinkable that the EU would let us walk without doing some kind of deal.

Lets not forget, various European markets would suffer considerable losses if we had to turn to WTO rules,so is it not the EUs job to protect those markets ?

Its 'unthinkable ' that they would not do that, isnt it ??

Whether DD said it would be sensible or not, I cant find the quote, but, it has to remain an option, otherwise we have NO bargaining position, the EU can just stand its ground until we relent, and give them whatever they ask for.

Its quite simple really.

 

 

Looks like May has caved in. Now do we get a stampede?

 

I dont see whats changed, so no, we wont get a stampede.

She has made a proposal, possibly to test the water with the EU , they will likely still reject it, as not enough.

Its a long way from being ratified through parliament, and it doesnt affect the PROPOSED system of acquiring permanent residency for EU citizens living and entering the UK after March 2019 .

Lets keep our optimistic hats on gentlemen.

[12gauge82]

BREXIT UPDATE: It has been revealed that the EU is going to cave in to all the UKs demands.

The shocking revelation was revealed by Mr Junker who behind the scenes has revealed himself to be a staunch brexit supporter.

 

(Disclaimer: I've made this story up which is what much of the media are doing at the moment so I thought I would join in with a pro brexit spin 😁)

[Rewulf]

BREXIT UPDATE: It has been revealed that the EU is going to cave in to all the UKs demands.

The shocking revelation was revealed by Mr Junker who behind the scenes has revealed himself to be a staunch brexit supporter.

 

(Disclaimer: I've made this story up which is what much of the media are doing at the moment so I thought I would join in with a pro brexit spin )

Very much so .

As in the Amber Rudd comment above, a comment ,throwaway or otherwise, is taken by the media or remain side, and twisted into 'government policy ' in the blink of an eye !

The former to create sensational headlines, the latter to sow discord, and score political brownie points, both completely unhelpful to the people of this country.

[Aled]

Boys your conspiracy theories are very amusing fair play. LOL

Cheers

Aled

[pigeon controller]

They say we need to sort out a hard border in Ireland and trade deals around the world??

 

OK , so we need the same deal as Switzerland, hard borders with France, Italy etc and they deal with the rest of the world and Europe, simples. Use that as a starting point and fine tune.

 

Over to the Massive to educate me.

[poontang]

The Swiss are members of EFTA (European Free Trade Association) and as such have a FTA with the EU.

However they are also members of the Schengen area and the ECHR... neither of which would be acceptable to the British people.

 

A draft paper prepared by the German foreign ministry sets out Berlins plan for a 'comprehensive free trade accord' with the UK after Brexit (You won't see that reported in the Guardian or on the BBC). The stuff going on behind the scenes is far more an indication of where we'll be in 2019 than the one upmanship and games being played out in Brussels by Barnier and Juncker.

When it comes to the EU, what the Germans want the Germans get!!