Brexit, for once some facts.

[oldgroaner]

Frankly, I don't see that it would have made any difference. We would still have the same people dithering over how to play it so we get the 'best deal possible', hedging our bets every step of the way.

Or are they hoping to use the time to change the Public sentiment to the point where they can call the whole thing off without a loss of face?

Already there are signs that they are laying the foundations of that stratagem.

Any increase in the switch from optimism to pessimism on their part regarding the difficulties involved, (such as the carefully released alleged leaks concerning the fears of the Civil Service over being understaffed)

And sound bites that only serve to devalue the pound, add credence to that conspiracy theory.

 

[oldgroaner]

Woosh revise prices every month to reflect the exchange rate.
So far, brexit has a small positive impact.

That should warrant your appearance in the Next New Years Honours list and a favourable mention in the Express.

 

[flecc]

Putting vat up would be political suicide,like admitting that Brexit cost is aimed at the poor.

If Brexit happens we could conceivably return to the days of purchase tax instead of VAT, the latter only introduced as a condition of joining the EU. Purchase tax had a standard rate of 33.33% and a higher rate of 66.66% for anything deemed a luxury, a smartphone for example!
.

 

[Woosh]

Have you noticed Mrs May said nothing about leaving the Customs Union?

 

[KTM Bike Industries UK]

Have you noticed Mrs May said nothing about leaving the Customs Union?

That's not how its reads today.

The value of the pound has fallen to a two-month low against major currencies after Prime Minister Theresa May signalled the UK would pursue a so-called "hard Brexit" from the EU.

Sterling fell about 1% across the board. The only currency against which it gained ground was the Turkish lira.

The Prime Minister told Sky News on Sunday that she wanted the best possible deal for leaving the EU.

However, she dismissed the idea that the UK could "keep bits of membership".

She added: "We're leaving. We're coming out. We're not going to be a member of the EU any longer."

http://www.bbc.co.uk/news/business-38555673

 

[oldgroaner]

Have you noticed Mrs May said nothing about leaving the Customs Union?

Perhaps she felt the Pound had dived far enough for today?

 

[Woosh]

I am willing to bet that the tories will go for Customs Union as a backstop.
Remainers exagerate the potential losses for City firms if we lose passporting rights. They'll find a way around that.

 

[oldgroaner]

That's not how its reads today.

The value of the pound has fallen to a two-month low against major currencies after Prime Minister Theresa May signalled the UK would pursue a so-called "hard Brexit" from the EU.

Sterling fell about 1% across the board. The only currency against which it gained ground was the Turkish lira.

The Prime Minister told Sky News on Sunday that she wanted the best possible deal for leaving the EU.

However, she dismissed the idea that the UK could "keep bits of membership".

She added: "We're leaving. We're coming out. We're not going to be a member of the EU any longer."

http://www.bbc.co.uk/news/business-38555673

Gosh it's a huge relief that she isn't going to give our negotiating position away!
In her defence she didn't say WHEN
(Come to think about it, she didn't say who the WE are either.)

No doubt to give her a bit of "wriggle" room there in the hope that everyone forgets all about it, as there will no doubt be another "Strictly Come Dancing" and "Benefits Street". perhaps even a new "Boob" job for one of the Kardassian Harpies to divert the natives ere long.

New slogan for the Remain campaign, remember, you saw it here first!

"Softly softly...ditchee Brexit?"

 

[oldgroaner]

I am willing to bet that the tories will go for Customs Union as a backstop.
Remainers exagerate the potential losses for City firms if we lose passporting rights. They'll find a way around that.

Frankly it hardly matters, the Social Damage of having set these wolves loose onto a Gullible public is a much more serious problem.

 

[KTM Bike Industries UK]

lol

looks like its all going to be ok... its not what she says that the problem, its that people report what she says.

Now "hard brexit" is being denied.

http://www.huffingtonpost.co.uk/entry/theresa-may-denies-backing-hard-brexit-blames-media-for-plunging-pound_uk_587397ede4b0961f0938aa4f

 

[tillson]

All of you are making statements regarding the direction and consequences of BREXIT whilst armed with little or no knowledge of how the deal to leave will be handled.

Leaving the EU is a deal, a series of compromises in return for benefits. A deal is also a two way process.

The UK is attractive to the EU, we pay a lot into it and we buy more from EU countries than we sell to them. We are both a valuable customer and partner.

When entering into a deal, unless you are insane, you do not disclose your hand. For example, if you went into a car dealership and disclosed that you had £15000 in your pocket to spend on car, guess how much change from the £15000 you would have after to deal was struck?

Exiting the EU is a complicated deal & both sides are posturing before the hard negotiations start. The EU are talking tough saying there is no movement to be had on many issues. The UK are now taking the position that we are going for the clean break, no more UK cash, no more single market rules. This is exactly the same principle as the person entering the car dealership in order to negotiate the best possible deal. You don't let slip how much you've got in your pocket.

All of the guessing going on within this thread is pointless. You do not know what is happening, what is going to happen or what the ultimate outcome will be. This is exactly how it should be, because any disclosure of the UK's bargaining position will weaken it.

But don't let this put you off talking your country down. I suppose that if you are able take some comfort from the process, then there is no real harm done.

 

[flecc]

Exiting the EU is a complicated deal & both sides are posturing before the hard negotiations start. The EU are talking tough saying there is no movement to be had on many issues. The UK are now taking the position that we are going for the clean break, no more UK cash, no more single market rules. This is exactly the same principle as the person entering the car dealership in order to negotiate the best possible deal. You don't let slip how much you've got in your pocket.

Very true. I'm not so much talking down as believing that at the end of the negotiating process, we'll be very little different from at the start.

A bit like Southern Rail and the unions, endlessly going round in circles to end up in the same position.

Any real changes in our status will come long after our departure from the EU.
.

 

[KTM Bike Industries UK]

All of you are making statements regarding the direction and consequences of BREXIT whilst armed with little or no knowledge of how the deal to leave will be handled.

Leaving the EU is a deal, a series of compromises in return for benefits. A deal is also a two way process.

The UK is attractive to the EU, we pay a lot into it and we buy more from EU countries than we sell to them. We are both a valuable customer and partner.

When entering into a deal, unless you are insane, you do not disclose your hand. For example, if you went into a car dealership and disclosed that you had £15000 in your pocket to spend on car, guess how much change from the £15000 you would have after to deal was struck?

Exiting the EU is a complicated deal & both sides are posturing before the hard negotiations start. The EU are talking tough saying there is no movement to be had on many issues. The UK are now taking the position that we are going for the clean break, no more UK cash, no more single market rules. This is exactly the same principle as the person entering the car dealership in order to negotiate the best possible deal. You don't let slip how much you've got in your pocket.

All of the guessing going on within this thread is pointless. You do not know what is happening, what is going to happen or what the ultimate outcome will be. This is exactly how it should be, because any disclosure of the UK's bargaining position will weaken it.

But don't let this put you off talking your country down. I suppose that if you are able take some comfort from the process, then there is no real harm done.

You've got it exactly right. Its like walking into a car dealer ship.

expect you've missed one key point... in the example we're a car customer and the EU is the dealership yes?

In the context of us leaving the EU, we can't simply refuse to buy the car and go somewhere else can we? We need the car, they have the car... we have no cards. We have to pay what they are asking! Where else are we going to go to get access to the EU market? no where.

 

[Kudoscycles]

lol

looks like its all going to be ok... its not what she says that the problem, its that people report what she says.

Now "hard brexit" is being denied.

http://www.huffingtonpost.co.uk/entry/theresa-may-denies-backing-hard-brexit-blames-media-for-plunging-pound_uk_587397ede4b0961f0938aa4f

OMG.....and she says she is not 'muddled'.....she gave everyone the impression that she was pursuing 'hard brexit',the markets believed her,hence the dive in the £ and now she changes her mind.....but she isn't indecisive she just can't make up her mind,hehe...
KudosDave

 

[Lister]

I'm 73 years young, voted to remain as did all my pals of similar age and much younger ones as well.
The referendum was built on lies, and we have the result, a very low percentage margin to leave.
The deed is done, and we will have to live with the outcome for many years.
No,I am not at all happy.

We need to move on, once we are given some information and direction from the Government.

 

[Kudoscycles]

Tillson....what happens if after 2 years we haven't achieved a deal?
KudosDave

 

[tillson]

In the context of us leaving the EU, we can't simply refuse to buy the car and go somewhere else can we? We need the car, they have the car... we have no cards. We have to pay what they are asking! Where else are we going to go to get access to the EU market? no where.

Other makes are available?

I like German cars, I've driven them for years and they are very good. The servicing and support is bordering on criminal, but that is another story.

I will not be paying an import premium, if that happens. I don't know if other customers will be foolish enough to pay it, but I won't, so I will not be affected. So we do have some leverage.

 

[tillson]

Tillson....what happens if after 2 years we haven't achieved a deal?
KudosDave

I don't know how long it will take and I don't know what the options are if it goes beyond 2 years.

We could leave next month.

 

[Kudoscycles]

I am willing to bet that the tories will go for Customs Union as a backstop.
Remainers exagerate the potential losses for City firms if we lose passporting rights. They'll find a way around that.

I am starting to think she wants a hard Brexit and accept WTO tariffs,that means 10% on cars....think of the revenue earner to the government if she can tariff 10% on every VW,Merc,Audi and BMW imported.
I also think she may be tempted to keep the current UK import tariffs from Asia in place,those anti-dumping duties plus import duties would be a nice revenue earner to the government.
80% of our GDP comes from services so bank passporting or an equivalent would be a red line,especially to look after hubbie's hedge fund business.
KudosDave

 

[Kudoscycles]

Other makes are available?

I like German cars, I've driven them for years and they are very good. The servicing and support is bordering on criminal, but that is another story.

I will not be paying an import premium, if that happens. I don't know if other customers will be foolish enough to pay it, but I won't, so I will not be affected. So we do have some leverage.

Got to be honest ,I have always bought German Cars....the import premium would not stop me buying...my current Audi is the best all round car I have ever owned.
KudosDave