EU Referendum

[theakston2k]

We are still part of the EU, my guess is that when the terms of Brexit are agreed things will start to change.

I could be wrong on that and I really hope I am but all indications are that the EU will make an example of us to prevent a flood of other 'leavers'.

My thoughts as well. Seeing a lot UKIP members like Suzanne Evans being all triumphant about how the recession hasn't happened and things didn't get that bad. We are 24 hours in and haven't left the EU yet so the 'first day of freedom' that they are claiming hasn't actually happened yet. A long way to go with this....

[michael]

I think it would be nuts not to press ahead and negotiate the exit now

I agree completely. I voted to remain but the country has spoken (just!) and we have got to get this over and done with.

As an aside I am glad that Osborne didn't resign yesterday, Cameron went and I wasn't able to enjoy it at all.

[DarloSTFC84]

Oh I absolutely understand that we're not out yet, etc etc..

It was more a general observation that it went really low and has crept back up, all in 24 hours.

Although things are going to yo-yo over the next few months/years, that's for sure.

[michael]

It might be that nothing happens, but Leave have already rowed back on that £350m a week, won't commit to reducing immigration, and haven't actually applied to Leave, so...

[RobertT]

Well, that's the point isn't it? that voting out means the controlling Govt. can decide legislation and policy.  So if our Govt. wishes to put a block on immigration it can, but equally it can decide to open the proverbial floodgates if it wishes.

[ron dodgers]

I see the exchange rates are up again today.

Granted, not back to where they were pre-Brexit, but better than yesterday.

E.g, Dollar was $1.22/£1 yesterday, now $1.34/£1.

no it wasn't, $1.3229 was the lowest so it's only recovered 3% of the 10.8% drop it had in 6 hours, at the moment it's 14.5% lower than the year high!

[DarloSTFC84]

no it wasn't, $1.3229 was the lowest so it's only recovered 3% of the 10.8% drop it had in 6 hours, at the moment it's 14.5% lower than the year high!

Travelex was at $1.22/£1 today.

Although, it's only at $1.28/£1 today.

https://www.travelex.co.uk/

[DarloSTFC84]

Travelex was at $1.22/£1 today.

Although, it's only at $1.28/£1 today, so it's probably just that company. That's still shit nonetheless.

https://www.travelex.co.uk/

[ron dodgers]

travelex are a foreign exchange company, they can make the rate what they like, check the spot rate
http://www.bloomberg.com/quote/GBPUSD:CUR

[DarloSTFC84]

Then I stand corrected..

[RedRag]

it is interesting to note that when Farage thought it likely that Leave might well lose on Thursday evening, he indicated that were that to be the case then the "battle" may have been lost but the "war" would certainly continue

Brexiteers would presumably not claim such an option applies only for "Leavers"?

51.9% against 48.1% answered Leave to the question : Should the United Kingdom remain a member of the European Union or leave the European Union?

Why not pursue a strategy to allow the UK to ask the public pre- the decree absolute:

do you prefer the negotiated Brexit arrangements or the old EU arrangements? or similar?

We knew all about the EU but nothing about Brexit (GBP 350m. each week to NHS and controlling immigration?)

Will skilful negotiation and economic might persuade the EU to concede the rightness of the UK position and scrap just for us a core component of its own principles that access to its a free market must be accompanied by free movement of people?  Will the EU change the club rules for a non-member describing it as corrupt and sclerotic?  

We'll know soon enough and I suggest the British people are then given a real choice.

[Leggett]

So my royal mail shares dropped 40p a share thanks to the Leave vote. Magic.

[suttonred]

More and more I hear from remains is money money money. It's  a shallow world we live in.

[Leggett]

All I heard from Leave was money money money, with facts and figures that were discredited or were forced to retract. Or about immigration.

The Leave campaign seemed to copy Trump's style of say whatever the fuck you like and damn the conscequences, if they were asked to retract it doesn't matter as those big figures stuck in peoples heads and that's what counts.

[suttonred]

My babcock shares went down £1, but shares can go up as well as down, as they tell us. I very much doubt yours will be 40p down in a week or two.