Post Brexit: the reality

[Silver_Shiney]

I'm surprised QBob is still here. I'm sure he said he'd relocate his business to France if we voted out.

Would that be the same France as the one whose economy has ground to a halt?

If it's stuck, perhaps a little Greece might help?

[Frank Manning]

I think it's time the Moderator stepped in now and closed this thread. It isn't nice reading this childish sarcasm about QBob. He is a sincere bloke, just trying to do his best for his business, which, if he is exporting is at least to the benefit of all of us.

[Silver_Shiney]

I am sure he is a sincere block, Frank, but he has an abrasive way of putting his views over as though they were hard and fast fact. The reality of the situation is that no-one knows exactly how this whole Brexit thing is going to work out but at least we'll be free of the bureaucracy of the EU.

[Honk honk]

Trying to get back on topic !! Spoke to an agent at a well known TA today. Their booking for cruises fell off a cliff after the vote. They are now recovering to near normal levels

[Mervyn and Trish]

Trying to get back on topic !! Spoke to an agent at a well known TA today. Their booking for cruises fell off a cliff after the vote. They are now recovering to near normal levels

I think there was quite a lot of shock horror what's this about immediate reaction because many, not least CMD and Ozzie, were surprised by the result. However, since the realisation that the world continued to spin, a lot of people have returned to normal. I see today BA saying they don't expect any long term impact on travel.

[Silver_Shiney]

I seem to remember a few years ago that Sterling approached parity with the Euro but it recovered. Markets do not like uncertainty and we are still, clearly, in a transition period, which will probably be unnecessarily prolonged while the politicos dither about when to invoke Section 50 or whatever it's called. Another event to cause uncertainty is the outcome of the US presidential elections. Once that's done and dusted, markets will begin to stabilise and we will probably see a rise in Sterling against other currencies.

[Gill W]

Every company which performs badly will blame Brexit. It's probably what caused the collapse of Woolworths and MFI.

On the other hand, if there are any downturns or negative business news, 'Leavers' will do their best to try and prove it's not Brexit!

[Silver_Shiney]

I for one wouldn't be that immature

[oldbluefox]

I am sure he is a sincere block, Frank, but he has an abrasive way of putting his views over as though they were hard and fast fact.The reality of the situation is that no-one knows exactly how this whole Brexit thing is going to work out but at least we'll be free of the bureaucracy of the EU.

In fairness I think the same could be said about many of us on a subject which we all feel very passionate about. And we have all been very vociferous in our views, me included.

[Mervyn and Trish]

Every company which performs badly will blame Brexit. It's probably what caused the collapse of Woolworths and MFI.

On the other hand, if there are any downturns or negative business news, 'Leavers' will do their best to try and prove it's not Brexit!

So far there is no evidence of that. On the other hand Lloyds Bank, for one, initially tried to blame Brexit for their next round of job losses before being caught out and having to admit they were planned long before the referendum.

I for one wouldn't be that immature

Nor I. I'm happy to admit there will be downsides, but I voted for Brexit in the belief that the balance would be positive.

Now that the decision is made, any casting of blame either way is pointless. We need to get on and capitalise on the advantages while minimising as best we can the adverse affects.

Interesting to see today that the latest poll shows a majority of Scots still against independence with more favouring a future outside the EU than outside the UK. One for Mrs Krankie to think about before she demands another referendum.

I think it's time the Moderator stepped in now and closed this thread. It isn't nice reading this childish sarcasm about QBob. He is a sincere bloke, just trying to do his best for his business, which, if he is exporting is at least to the benefit of all of us.

Sorry you consider it childish Frank. That is certainly not my intention.

QBob was/is a strong advocate of remaining and made it clear that those of us for Brexit were at best ill informed and at worst Little Englanders. He also said if Brexit happened he would have to move (or would consider moving) his business to France.

I merely wonder whether that is in the same vein as Ozzie saying he'd have to have an emergency budget putting up taxes, Mark Carnage saying he's have to put up interest rates or CMD saying he'd stay on as PM whatever the outcome.

I have no doubt he was sincerely saying what was best for his business. Though I'm not sure of your suggestion that if he exports it is to the benefit of us all. What is certain is that if he is in exports the fall in the Pound will be to his benefit.

But I agree with Foxy, that we all were forceful in our views and I wish QBob well and hope it is better than he expected.

[oldbluefox]

Every company which performs badly will blame Brexit. It's probably what caused the collapse of Woolworths and MFI.

On the other hand, if there are any downturns or negative business news, 'Leavers' will do their best to try and prove it's not Brexit!

I cannot think of any occasions where Leavers have denied there could be difficult times ahead. In order to achieve the goal there will need to be a great deal of negotiation but it is my view that in the long term it will be worth it whereas by remaining the future was equally uncertain as a member of a steadily failing institution.

[Mervyn and Trish]

So today HSBC reports reduced profits for the first half of the year and blames, among other things, Brexit.

So the bank's performance for six months was scuppered by an event 7 days before the end of the period?

Really?

[Manoverboard]

As a Moderator .... may I advise that it is deffo not my intention to shut it down, this Topic is the most interesting and important part of the here and now in this Country.

Sorry Frank.

[Frank Manning]

Yes; as long as the 'Leavers' are all patting each other on the back, and saying how they were right all along and the other 16Million who voted Remain are wrong. It is early days!

I find it amazing that after the previous referendum we had to endure years of whingeing from Farageists and Headbanger Tories, now we 'Remainers', apparently, have to shut up and "suck it up".

[Silver_Shiney]

now we 'Remainers', apparently, have to shut up and "suck it up".

Just as we "brexiters" would have had to do had the vote gone the other way. Would you have given us any sympathy, or allow talk of a re-run?

Thought not...

[barney]

I think what really hampered the Remain argument is that so much was presented as FACT when it was really best guess.

If they had have changed tack and presented their arguments differently, they may have achieved a different result.

The Remainers who are commenting on the articles in the Guardian are still using this language unfortunately and are making themselves look more idiotic by the day.

Of course no one really knows what the future holds.
If they did, they would be multi millionaires by now.
So to say conclusively that the economy would immediately fall off a cliff was at best badly informed.
Serious warnings of possible implications are one thing, but WW3 & the end of the world as we know it was ridiculous and definitely played in to the Brexit hands due to lack of credibility.

Remain ran a bad campaign, simple as that.

I think if there was are-run anytime soon, the majority would be even bigger as many I know voted to Remain purely based on Operation Fear.
They would now vote to leave as the sun still rises in the East.

Only time will tell as to whether the majority of voters have made the correct call.
I suspect that we have but could just as easily be wrong.
Whatever, we now have to live with it

[Gill W]

Both Remain and Leave were best guess as nobody had a crystal ball

[anniec]

So today HSBC reports reduced profits for the first half of the year and blames, among other things, Brexit.

So the bank's performance for six months was scuppered by an event 7 days before the end of the period?

Really?

Foxtons (estate agents) said a very similar thing. As we all know, estate agents are always honest and upright citizens.

[anniec]

I find it amazing that after the previous referendum we had to endure years of whingeing from Farageists and Headbanger Tories, now we 'Remainers', apparently, have to shut up and "suck it up".

They, and we, only started whingeing once the terms and conditions we voted for changed beyond all recognition.

[towny44]

Anti EU feeling has very slowly grown over the years and the demands for a referendum only became pronounced in the last decade, and as well all know it was only fear of the UKIP vote losing the Tories seats that decided Cameron to offer one, and he fully expected the Lib-Dems not to support this if they again formed a coalition.
So Frank, rather than blame us you now know who to vent your anger on.

[Dark Knight]

I suspect the remain side always expected a huge vote to stay in the EU and were completely unprepared for an exit vote, hence DMC smugly saying he would stay on no matter what, as he fully expected to stay in and finish his term in office before doing a Blair and making his own millions
likewise the Brexit camp were totally unprepared for a leave vote and had no strategy in place to deal with a victory, hence the debacle with Boris and Nigel heading for the Jungle
so here we are a few weeks later with a whole new government, the Tory elite out on their collective arses, Boris effectively exiled to the colonies and the UK starting afresh
so rather than keep looking back, lets look forward and make plans for a non EU Britain.

[qbman1]

Works for me !

[Mervyn and Trish]

Hear hear.

No-one, including you Frank, is barred from this conversation and has to suck it up and keep quiet, but I think Batty has it in a nutshell. We have a result, now let's pull together to grasp the positives and do all we can to mitigate the negatives.

And yes, there will be some of the latter. As a Brexiteer I acknowledge the next year or two will be uncertain and bumpy. But once we're through that the future is what we make it.

[Golden Princess]

Some one, some where ..... Please, please make a plan ........

[oldbluefox]

When you think the global markets are built on confidence I sometimes wonder at the sense of those who keep blaming every little blip in the economy on Brexit ("There you go, I told you so!!") and are consequently talking the UK down. Maybe they feel it fuels their belief that the nation made the wrong decision and they were right all along.
Unfortunately it does nothing at all to help UK and at worst hinders our transition as we move away from the EU. It may help if everybody pulled in the same direction.