Brexit, for once some facts.

oldgroaner

Esteemed Pedelecer
Nov 15, 2015
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Start the day with something juicy in the Daily Mail of all places!
"
Farage denies purposely misleading the nation when he conceded defeat on EU referendum night amid claims hedge funds made billions betting on Brexit after buying secret exit polls
  • Hedge funds reportedly used polling to predict Brexit and bet against pound
  • Farage denies knowing of poll predicting Brexit win when he conceded defeat
  • Hedge funds raked in hundreds of millions of pounds shorting the sterling
Hedge funds made billions of pounds by betting against sterling on the EU referendum day after commissioning secret exit polls, it was today claimed.

The businesses are said to have raked in vast sums by shorting the market after being given analysis which pointed to a strong turnout for Leave.

The explosive Bloomberg report also raises questions about what Nigel Farage knew about the secret information.
Mr Farage, the then Ukip leader and an ex broker, conceded defeat in an interview with Sky News aired at 10pm - sending the price of sterling soaring.

Later on the EU referendum night while votes were still being counted, Mr Farage again went on TV to repeat his claim he believed Leave had been defeated.

But Bloomberg suggests he may have already been told the results of a poll carried out by Survation and sold to hedge funds which correctly predicted Leave had won the day.

Mr Farage strongly denies any claim of deliberately trying to sway markets, telling MailOnline that 'of course' he did not try to mislead people by conceding defeat.

When Brexit was eventually declared the winner later that night the pound was sent tumbling - meaning hedge funds which had bet against the currency made vast amounts.

Surely Lord Nigel (The people's Hero) is above that sort of thing? :confused:
What is surprising is that the Daily Mail printed the story..............................
 
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Woosh

Trade Member
May 19, 2012
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This comment is from a reader in the Guardian today:

Boris Johnson has said quitting over the issue of Heathrow expansion would "achieve absolutely nothing".
Of course it would achieve nothing… for you that is, Boris.
You will need the votes of those individuals to whom you promised you would ‘lay down in front of the bulldozers to prevent the third runway at Heathrow’. You needed their votes back then, so you blathered on and made ridiculous promises in you inimitable style – hyperbole crossed with naughty school-boy caught lying. And you will probably need the votes of those same voters after the third runway is built (not that you give a **** whether or not it is ever built), so you have to be like a Jesuit in your equivocation. You will be ‘out of the country’… doing your job, and your line-manager has given you the day off to avoid the embarrassment of missing the vote.
You are a chameleon, Boris. No one knows what you truly think about anything. You are all things to all men.
And anyway, Boris can do as he wishes. No one has more power than Boris in the government. No one can discipline or sack him. Indeed, we are all waiting for him to... metaphorically, stab 'Poor Old' Theresa in the back.
 

Kudoscycles

Official Trade Member
Apr 15, 2011
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Does anyone know why Stansted is not used more. I am told that 40% of the traffic into Heathrow is freight. Surely freight would be better handled at Stansted,it would reduce traffic at M25 near Heathrow and I think they are proposing a new motorway from Cambridge to the M1-thus freight being carried north could avoid the M25.
Government seems to lack commonsense in everything at the moment.
Lets hope Boris gets kicked out at the next election.
KudosDave
 
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Woosh

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Government seems to lack commonsense in everything at the moment.
it's because TM has no authority and all the brexiteers are unsackable.
 

oldgroaner

Esteemed Pedelecer
Nov 15, 2015
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In the Sun
"
KEEPING EUROPE SAFE
Britain, France and Germany sign up to bold post-Brexit military pact to by-pass ‘slow and hesitant EU’


Nine countries including the UK have signed a 'letter of intent' to get on board with a joint military intervention force operating independently of the EU

What happened to the leave campaign being very much against an EU army?
And incidentally, what has become of NATO?
 
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Woosh

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May 19, 2012
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What happened to the leave campaign being very much against an EU army?
And incidentally, what has become of NATO?
nothing. That was then and this is now.
I have the impression that not a single politician knows how to tell the truth.
 

flecc

Member
Oct 25, 2006
53,202
30,604
Does anyone know why Stansted is not used more. I am told that 40% of the traffic into Heathrow is freight.
It's facilities. Many companies have large established warehouse premises at Heathrow, some high security and high tech, and they and their road system take up huge areas of land. So apart from the high cost of relocation, it may well be that Stanstead doesn't have the space or suitable layout.
.
 
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oldgroaner

Esteemed Pedelecer
Nov 15, 2015
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In the Express
"
BMW's Brexit U-turn: German car giant will NOT quit the UK in no deal scenario
BMW will not consider moving investment out of Britain in the event of a no deal Brexit scenario where the country leaves the customs union and single market.

Actually what was said was this
"
But when asked by reporters on Tuesday if the firm would consider moving investment out of Britain if the country leaves the customs union and single market, BMW UK boss Ian Robertson said: "We are not considering that as an option.

“We are considering what we would need to have in place to overcome such impediments to border fluidity. That's where we are focused right now.

"It would be foolhardy of any company not to have these contingency ideas under way because we are racing towards March 29 next year.

"We have a group of people working on the customs aspect. We have a group of people working on the logistics aspect.

In other words we are trying other things first

The usual method is to scale down the operation till it meets the local market and concentrate pn ramping up elsewhere....America would be the most likely!
 
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flecc

Member
Oct 25, 2006
53,202
30,604
And incidentally, what has become of NATO?
Mistrust of Trump is probably the last straw. Many of the EU 28 have been very unhappy with NATO's forays into distant countries and have resented being involved.

Germany and Belgium for example have expressed their concerns, and Germany's continued involvement in Afghanistan with 54 deaths is stirring up protest at home. Belgium refusing to sell us a type of ammunition they'd overbought and which we'd run out of clearly showed their feelings about the conflict.
.
 
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Kudoscycles

Official Trade Member
Apr 15, 2011
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It's facilities. Many companies have large established warehouse premises at Heathrow, some high security and high tech, and they and their road system take up huge areas of land. So apart from the high cost of relocation, it may well be that Stanstead doesn't have the space or suitable layout.
.
When I fly from Stansted it appears to have a lot of virgin land.
Surely rebuilding a few warehouses and relocating a few businesses could not cost £14 billion.
The land back at Heathrow would be prime building land worth a fortune,that would offset the cost of moving.
I suspect there are politics involved that us mortals cannot be expected to understand.
KudosDave
 
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tillson

Esteemed Pedelecer
May 29, 2008
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Its a coalition of clowns
Clowns are supposed to be funny, the idiots to which you refer are anything but funny. I find Johnson rather sinister with his, “ look at me, I’m all chubby and jolly with funny hair” act. That man is rotten to the core. A devious proven liar who will freely harm anyone without a second thought in order to achieve his ambitions. A proper bastard.
 

flecc

Member
Oct 25, 2006
53,202
30,604
When I fly from Stansted it appears to have a lot of virgin land.
Heathrow would still need more runways to cope with the important traffic times. Atlanta in the USA isn't exactly a centre of commerce but it is a hub airport. It has seven runways.

That and many other locations worldwide put Heathrow into perspective. It has wholly inadequate runway facilities for one of the western world's most important hub airports.

We really need to buck up our ideas in this country, we have a dated and broken down rail system and a pathetically inadequate and ill maintained road network.

Must our air travel facilities be just as bad? Couldn't we get just that one thing right, instead of scattering incoming passengers over hundreds of square miles, necessitating long interconnect road or rail journeys as we do at present?
.
 

oldgroaner

Esteemed Pedelecer
Nov 15, 2015
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It's back to good old "Red's under the beds!" time
In the Daily Mirror
"
Russia already has 'destructive' bugs lurking in our computers waiting to strike, warns top spook"

You have to wonder if this is known, they haven't rooted them out and neutralised them?

Incidentaly what is a top spook? is this a Ouija board knocking coded message?
Someone is after a stipend increase for his pathetic little techy empire.
 
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