[Politics] Brexit

[Jim in the West]

Jim, if you really believe this I think you need to hurry up and buy a one way ticket back from cloud cuckoo land! Quick, do it before they quarantine us forever.

I'm not trying to predict an outcome one way or the other. The point I'm making is that by triggering Article 50 we are putting ourselves in a very difficult position - the clock starts ticking! As you know, I think leaving the EU is lunacy. However now that the government has decided that "Brexit means Brexit", the last thing we should do is hand all the bargaining chips to the other side. That's what Article 50 does.

 

[beorhthelm]

You make this sound so trivial. They will not be able to run the company from this "brass plate."

that's because largely it is. at least its not something complicated enough to drive an entire industry out of the UK and into the EU, as was being suggested. its a common thing today, EU encourage companies to setup within their boundary to gain access to the benefits, see Amazon, Apple, Google, Microsoft etc. yes, it is a chore for the small business, where they may not have any physical presence, but such companies are likely avoid the more bureaucratic parts of the EU anyway, unless it make good business sense which overcomes those obstacles.

on protectionism, the current position is we are going for free trade, so no protectionism. I'll believe that when i see it, but in any case the UK is one of the easiest and most open to set up a business, name and address of two people, file the accounts on time, that's about it.

 

[Herr Tubthumper]

on protectionism, the current position is we are going for free trade, so no protectionism.

Is it? You might want to tell the government this as they don't seem to know.

 

[5ways]

"Philip Hammond managed a rare trick in his first autumn statement -- he made the UK economy look even worse than we feared.

Britain’s Brexit black hole is at least £122bn -- even larger than the £100bn that the City was expecting.

That’s the difference between the deficit forecasts announced in March, and the new, higher, borrowing numbers unveiled today.

It means the Office for Budget Responsibilities is expecting the economy to weaken as the Brexit negotiations intensify.

It also reflects the cost of the infrastructure pledges which Hammond has made -- and explains why he couldn’t produce more rabbits from the Treasury hat. "


Brexit: economic flagellation.

 

[nicko31]

"Philip Hammond managed a rare trick in his first autumn statement -- he made the UK economy look even worse than we feared.

Britain’s Brexit black hole is at least £122bn -- even larger than the £100bn that the City was expecting.

That’s the difference between the deficit forecasts announced in March, and the new, higher, borrowing numbers unveiled today.

It means the Office for Budget Responsibilities is expecting the economy to weaken as the Brexit negotiations intensify.

It also reflects the cost of the infrastructure pledges which Hammond has made -- and explains why he couldn’t produce more rabbits from the Treasury hat. "


Brexit: economic flagellation.

So, in an nutshell OBR forecasts £220bn increase in national debt by end of parliament to staggering £1.945 trillion.

Yet all the Brexit oldies carry on their way untouched with the triple lock pension staying. Instead of paying for their lack of judgement they just leave it the grandkids to clear up

 

[Two Professors]

"Philip Hammond managed a rare trick in his first autumn statement -- he made the UK economy look even worse than we feared.

Britain’s Brexit black hole is at least £122bn -- even larger than the £100bn that the City was expecting.

That’s the difference between the deficit forecasts announced in March, and the new, higher, borrowing numbers unveiled today.

It means the Office for Budget Responsibilities is expecting the economy to weaken as the Brexit negotiations intensify.

It also reflects the cost of the infrastructure pledges which Hammond has made -- and explains why he couldn’t produce more rabbits from the Treasury hat. "


Brexit: economic flagellation.

Yet again,you see nothing but dark skies.Not one of the economic forecasts from just before the referendum has come true.FFS stop trying to bring everybody down to your level!

 

[Pavilionaire]

I see the Chancellor mentioned the OBR's figures that GDP would be 2.4% down at 2020 as compared to where we would have been had we not Brexited.

 

[Soulman]

I see the Chancellor mentioned the OBR's figures that GDP would be 2.4% down at 2020 as compared to where we would have been had we not Brexited.

He can see into the future as well

 

[Deleted member 22389]

View attachment 79681

Yet again,you see nothing but dark skies.Not one of the economic forecasts from just before the referendum has come true.FFS stop trying to bring everybody down to your level!

I agree it is bloody depressing, they want our economy to fail just to prove a point.

 

[Deleted member 22389]

"Philip Hammond managed a rare trick in his first autumn statement -- he made the UK economy look even worse than we feared.

Britain’s Brexit black hole is at least £122bn -- even larger than the £100bn that the City was expecting.

That’s the difference between the deficit forecasts announced in March, and the new, higher, borrowing numbers unveiled today.

It means the Office for Budget Responsibilities is expecting the economy to weaken as the Brexit negotiations intensify.

It also reflects the cost of the infrastructure pledges which Hammond has made -- and explains why he couldn’t produce more rabbits from the Treasury hat. "


Brexit: economic flagellation.

Where did you get this from The Guardian, because the negativity doesn't surprise me in the slightest.

 

[Pavilionaire]

He can see into the future as well

Well he can read a forecast prepared by an independent organisation who specialise in this sort of stuff.

 

[5ways]

View attachment 79681

Yet again,you see nothing but dark skies.Not one of the economic forecasts from just before the referendum has come true.FFS stop trying to bring everybody down to your level!

Brexit is, frankly, nothing but dark skies. I see no positives on the horizon and neither does the government or Parliament.

 

[5ways]

double post.

 

[Two Professors]

Brexit is, frankly, nothing but dark skies. I see no positives on the horizon and neither does the government or Parliament.

But they are all miserable sods too!

 

[Two Professors]

Well he can read a forecast prepared by an independent organisation who specialise in this sort of stuff.

They seem to specialise in being completely and utterly wrong!

 

[Deleted member 22389]

Brexit is, frankly, nothing but dark skies. I see no positives on the horizon and neither does the government or Parliament.

Nobody is going to bring you positives apart from yourself regardless of whether the economy is up or down.

 

[GT49er]

But they are all miserable sods too!

Indeed - it would seem that today is National Miseries' Day - they're certainly out in force on here!

 

[studio150]

View attachment 79681

Yet again,you see nothing but dark skies.Not one of the economic forecasts from just before the referendum has come true.FFS stop trying to bring everybody down to your level!

Perhaps you should tell the Chancellor also given he mentioned lower investment and weaker consumer demand driven by greater uncertainty and higher inflation from the stetling depreciation.
And yes this down to the referendum result. So rather than your usual stop moaning everything is bright and sunny perhaps you should swalliw a degree if realism and acknowledge where we actually are at present.

 

[ManOfSussex]

I agree it is bloody depressing, they want our economy to fail just to prove a point.

I see nothing positive in today's autumn statement. Why would I want myself or anyone else to get made redundant next year?

 

[studio150]

Nobody is going to bring you positives apart from yourself regardless of whether the economy is up or down.

I've read some strange posts on this thread but this must be near the top if the list. Please do tell how positive thinking is going to improve the economy.

I must remember to let off some party poppers the next time the Government release financial details which are poorer than last time.