Current Affairs EU In or Out

[Foot Long Hot Dog]

"Hmm - on the one hand, Farage, Gove and their ilk are peddling clear lies to me about the NHS and Syria. On the other hand, people who have spent the last twenty years lying to me are on the other side"

The narrative that the leave vote was somehow a vote against the establishment was a ridiculous one though, as the core of that very establishment were pushing for leave. The working class were done over by the far right of the Tory party and their henchmen in the right wing media. Incredible that the working man ended up delivering this, and he'll be right at the sharp end when the economic reality bites.

 

[Foot Long Hot Dog]

Greetings, FLHD. Still trotting out the same old rubbish that has previously been disproved. The £350 million was quoted as the equivalent cost of a new hospital, NOT that £350 million a week would go into the NHS. There are none so blind, etc....

We've done this before, and you were wrong then as well.

 

[tsubaki]

The narrative that the leave vote was somehow a vote against the establishment was a ridiculous one though, as the core of that very establishment were pushing for leave. The working class were done over by the far right of the Tory party and their henchmen in the right wing media. Incredible that the working man ended up delivering this, and he'll be right at the sharp end when the economic reality bites.

er - having the last four PMs, a clear majority of MPs and Lords and almost all the commentariat all on one side would suggest that side was "the establishment".

As for the working class, they were being done over anyway - that is why agency / gig labour took such a massive rise since Blair took office, why terms and conditions for (almost) everyone have gone through the floor, why household debt remains so high and why so much cheap labour was imported in from the poorer states of the EU.

Things may well get worse but we should not pretend that we weren't being shat on from a great height already and that a "Remain" vote would have suddenly stopped it all.

 

[davids]

Brexit is democracy at work, which I wholeheartedly support .Now if the half-wits that make up the UK government can come out of the process without ruining the UK economy,I'll start to believe in miracles.

 

[Connor]

http://www.cityam.com/261920/lloyds...il&utm_campaign=170329_CMU_GlobalAlternatives

Lloyd's of London moving EU business to Brussels after Article 50 triggered, according to reports

As the UK waits for Theresa May to trigger Article 50 and kick off the Brexit process, Lloyd's of London has reportedly come to a decision on where to move its EU business.

The insurance giant will locate its new EU subsidiary in Brussels, according to a report by The Insurance Insider, which revealed the Lloyd's Franchise Board has decided to recommend that its council ratify a decision to launch a capitalised subsidiary in the Belgian capital.

Lloyd's confirmed that a meeting would take place today, with a view to making an announcement tomorrow, but declined to comment further.

It emerged last week that Lloyd's would confirm its new EU base after the Prime Minister triggers Article 50 today.

Lloyd's said last year that it would lay out its post-EU referendum plans in early 2017 and subsequently promised to make an announcement before the end of March.

The insurance market was said to be looking at a shortlist of five new locations, including Frankfurt, Paris and Dublin, which was eventually whittled down to two: Luxembourg and Brussels.

Lloyd's chairman John Nelson, an ardent Remain supporter, has warned in the past that the Brexit vote put London's status as an insurance leader at risk. He has also cautioned that, while his organisation might need to shift some of its business away from the UK, "it won't be Lloyd's losing out, it will be the UK".

And Lloyd's chief risk officer Sean McGovern said ahead of last June's referendum that exiting the EU would "create a level of uncertainty, for Lloyd’s, for the London market, as well as the UK and European economies, we have rarely experienced".

Lloyd's recently hit headlines when it banned staff from daytime drinking because alcohol has been leading to so may disciplinary cases.

 

[Foot Long Hot Dog]

er - having the last four PMs, a clear majority of MPs and Lords and almost all the commentariat all on one side would suggest that side was "the establishment".

As for the working class, they were being done over anyway - that is why agency / gig labour took such a massive rise since Blair took office, why terms and conditions for (almost) everyone have gone through the floor, why household debt remains so high and why so much cheap labour was imported in from the poorer states of the EU.

Things may well get worse but we should not pretend that we weren't being shat on from a great height already and that a "Remain" vote would have suddenly stopped it all.

The salient point is, that the perception they were given was that it was going to improve their lives, it won't though, it'll put an even bigger squeeze on their disposable income as inflation rises in a stagnant wage environment. They were sold a pup - by far right Tories.

 

[Tubey]

http://www.cityam.com/261920/lloyds...il&utm_campaign=170329_CMU_GlobalAlternatives

Lloyd's of London moving EU business to Brussels after Article 50 triggered, according to reports

First of many.

 

[Foot Long Hot Dog]

First of many.

Unfortunately yes.

Businesses have to plan with as much certainty as possible at the heart of their strategy, for the next 2 years that's impossible to predict in the UK, so they'll make their plans accordingly.

 

[Old Blue 2]

We've done this before, and you were wrong then as well.

No you're wrong. You don't know the difference between an aspiration and a 100% commitment to do.

You conveniently ignore this:



You see that above? That's called a comparison. A cost comparison.

And this, from that shyster of a Chancellor Osbourne:
https://www.theguardian.com/politic...ole-in-public-finance-if-uk-votes-to-leave-eu


George Osborne will warn that he would have to fill the £30bn black hole in public finances triggered by a vote to leave the European Union by hiking income tax, alcohol and petrol duties and making massive cuts to the NHS, schools and defence.

In a sign of the panic gripping the remain campaign, the chancellor plans to say that the hit to the economy will be so large that he will have little choice but to tear apart Conservative manifesto promises in an emergency budget delivered within weeks of an out vote.

“Far from freeing up money to spend on public services as the leave campaign would like you to believe, quitting the EU would mean less money,” Osborne will say. “Billions less. It’s a lose-lose situation for British families and we shouldn’t risk it.”

The chancellor will spell out his concerns at an event where he will be joined by his predecessor, Alistair Darling. The Labour politician will say he is more worried now than he was during the 2008 financial crisis, arguing that a Brexit vote will result in not just one emergency budget but “one after another”.

The pair will publish an “illustrative budget scorecard” comprising a long list of the sort of measures they say may have to be implemented including:

• £15bn of tax rises, comprising a 2p rise in the basic rate of income tax to 22%, a 3p rise in the higher rate to 43% plus a 5% rise in the inheritance tax rate to 45p
• An increase in alcohol and petrol duties by 5%
• Spending cuts worth £15bn, including a 2% reduction for health, defence and education, equivalent to £2.5bn, £1.2bn, £1.15bn a year respectively
• Larger cuts of 5% from policing, transport and local government budgets

And the above crap was from a SERVING GOVERNMENT MINISTER at the time, who just happened to be on the side of Remain.

One side issued aspirations and comparisons, the other issued threats.

Dies irae dies illa, indeed!

 

[Old Blue 2]

The salient point is, that the perception they were given was that it was going to improve their lives, it won't though, it'll put an even bigger squeeze on their disposable income as inflation rises in a stagnant wage environment. They were sold a pup - by far right Tories.

I love the way you speak with certainty for over 17 million people in GB every so often... lol

 

[Joey66]

They have all got one thing in common (and you can Major to that list) they're all realists.

or failures even Blair on the Iraq war - Hellsteine removed Thatcher not to get the job - Clegg by going into coalition ruined the Lib dems and oh how about his free University pledge? - Clarkes persistence to want to take us into the Euro! { same boring retric Brexit}
Then the Chuckle brothers Cameron , and Osborne who thought it would be an easy win on Brexit -
How dare they tell the majority vote that they were wrong when alls they have done is make a mess all their polictical careers!
We are now all doomed yet investment is still coming to the UK!

 

[Joey66]

I fear for employment rights.

The EU has not stood in the way of Zero hour contracts - so they are on the slide before we leave the stink over HUBA pushed allegedly through via Osborne and DC - and Osborne just gets a job with Blackrock £650,000 for 48 days the crap has yet to hit the fan over that yet !
the very firm who abuses the self employed!

 

[Joey66]

We've done this before, and you were wrong then as well.

wheres the emergency budget? wheres the slump in house prices? ask Gideon!
why did the economy not go over the cliff after brexit vote ask Gideon sorry he's too busy doing SIX jobs!

 

[Joey66]

Unfortunately yes.

Businesses have to plan with as much certainty as possible at the heart of their strategy, for the next 2 years that's impossible to predict in the UK, so they'll make their plans accordingly.

like Toyota and Qatar you mean? investing - we did survive without the EU even though we were pushed into it without votes we have now had one and its goodbye to an unnecessary bureaucratic party union of 28 countries when only three contributed all the rest were net contributors - the first thing they want is a pay off as we have left a massive hole of 12 billion in their budget!
they can dream on!

 

[Foot Long Hot Dog]

No you're wrong. You don't know the difference between an aspiration and a 100% commitment to do.

You conveniently ignore this:
View attachment 35761


You see that above? That's called a comparison. A cost comparison.

And this, from that shyster of a Chancellor Osbourne:
https://www.theguardian.com/politic...ole-in-public-finance-if-uk-votes-to-leave-eu


George Osborne will warn that he would have to fill the £30bn black hole in public finances triggered by a vote to leave the European Union by hiking income tax, alcohol and petrol duties and making massive cuts to the NHS, schools and defence.

In a sign of the panic gripping the remain campaign, the chancellor plans to say that the hit to the economy will be so large that he will have little choice but to tear apart Conservative manifesto promises in an emergency budget delivered within weeks of an out vote.

“Far from freeing up money to spend on public services as the leave campaign would like you to believe, quitting the EU would mean less money,” Osborne will say. “Billions less. It’s a lose-lose situation for British families and we shouldn’t risk it.”

The chancellor will spell out his concerns at an event where he will be joined by his predecessor, Alistair Darling. The Labour politician will say he is more worried now than he was during the 2008 financial crisis, arguing that a Brexit vote will result in not just one emergency budget but “one after another”.

The pair will publish an “illustrative budget scorecard” comprising a long list of the sort of measures they say may have to be implemented including:

• £15bn of tax rises, comprising a 2p rise in the basic rate of income tax to 22%, a 3p rise in the higher rate to 43% plus a 5% rise in the inheritance tax rate to 45p
• An increase in alcohol and petrol duties by 5%
• Spending cuts worth £15bn, including a 2% reduction for health, defence and education, equivalent to £2.5bn, £1.2bn, £1.15bn a year respectively
• Larger cuts of 5% from policing, transport and local government budgets

And the above crap was from a SERVING GOVERNMENT MINISTER at the time, who just happened to be on the side of Remain.

One side issued aspirations and comparisons, the other issued threats.

Dies irae dies illa, indeed!

You're funny.

The difference between an aspiration and a commitment? Yeah I reckon I know the difference mate.

Do you know the difference between a genuine deliverable aspiration and a complete crock of horse crap?

The £350m per week for the NHS was never deliverable not least because our net contribution to the EU is actually circa £163m per week, they've admitted it since, it was therefore disingenuous, misleading, false advertising and a known published LIE.

Osbourne predicted a £30BN hole in the Treasury budget, a complete whopper that one eh mate?

Oh wait, didn't the OBR and Hammond the current Chancellor state that the hole in the UK's finances is going to be a minimum of £58.7BN in his Autumn statement? Which they're intending borrowing their way out of, break that down and it equates to £188m a week.

https://www.theguardian.com/politic...b0cc60d3476321#block-5835aa54e4b0cc60d3476321

What a deal, what a day to be alive. Rule Britannia.