To be honest,the only reservation I have about leaving are the rights for employees that have been imposed on the UK. The UK is not given to a fair deal for the working population especially this government. Watch the Tata steel pension fund debacle unfold.
The DOW up another 145 points and the S&P up 14 to 2090..looks like another positive day tomorrow. I'm expecting the sp to get to 76p.
Hi Phoenix, you asked why I think the UK would be better outside of the E.U. I think the EU's a disaster of epic proportions being played out in slow motion. The idea of a trading block, where all countries work together to improve trade, for the team, is a brilliant idea. The EU is morphing into something unmanageable and is inherently flawed. The Euro's a disaster, it ties all members using it to each other and either enhances, or disables, the respective countries productivity, Germany has done brilliantly out of the Euro, German goods would have been expensive if valued in deutschmark, much cheaper with a devalued Euro. Greece has been decimated by being in the Euro, binging on cheap debt and losing any sovereignty in the ensuing fracas. Spain, Italy, Portugal and to a certain extent France are all having productivity issues of their own. France is just a disaster anyway, due to it's cultural republican history. What were they thinking with the Schengen agreement??? The UK should distance itself from such a disastrously failed experiment asap. I do wonder how so many sheeple can be suckered into thinking that you can bring so many countries into one group and make it work. The evidence of a dysfunctional Europe is everywhere in the media and it fuels disharmony. not engagement and solidarity. As far as I'm concerned, Europe is just an idealistic dream being pushed through by a group of politicians who think they can change a world that's too complicated to change.
The working time directive has protected me in my job for many many years. As for foreign workers.....I can only surmise, that they work harder and or longer for less which is why they get the jobs. I work for a large corporate where they CEO actually asks people to work for nothing....and they do. Now how can I compete with that ? how can I pay a mortgage, gas/ electric bills etc etc when the CEO is happy to employ people who work for nothing ? No Holiday pay, no pension, etc etc I suggest it is the companies that exist in the UK who do not pay their fair share of taxes and employ people on ever reducing wages, who are at the heart of the problem. I don't blame the workers who agree to work for nothing, as they are hoping for a job at the end of the day but I do blame a Government that allows the CEO's to employ people on this basis, as well as the CEO's who do it. Personally, I don't see any of this improving should we leave the EU, certainly the working time directive is in the headlights to be 'amended' to the detriment of workers, should a Brexit go ahead. Until UK GOV tackles the corporate greed that exists in the UK and stops pandering to the wishes of CEO's I don't see anything improving anytime soon. Google and France is a prime example of where UK Gov and Osborne have given in to the detriment of UK citizens. I don't think the EU is perfect and it certainly needs 'fixing' BUT I don't think UK Gov is much better to be honest. certainly my own income has been decimated in the last 10 years while the cost of living has substantially escalated. FWIW the company I work for is now actively recruiting in the far east and middle east , as they can employ people on cheaper salaries and still bring them to the UK to work for 11 months, after which time they have to return. The same company is now saying that older workers are 'above the market rate' and wants to reduce their income to that of the lower paid, 'younger' workers . Enough from me and apologies for the rant, not aimed at you just had to get it out . GLA
Lloyds Banking Group plc 73.74p positive +1.82% Barclays plc 185.75p positive +2.40% Standard Chartered plc 554.60p positive +3.47% HSBC Holdings plc 446.40p positive +2.80% Royal Bank of Scotland Group p 256.00p positive +4.36% today's winner was 1. RBS up 4.36% 2.STAN up 3.47% 3. HSBC up 2.80% 4. BARCLAYS up 2.40% and guess who came last yes Lloyds up 1.82% ?????????????????? dividend prospect's excellent,PPI costings the end in sight ,approx 8 bn a year profit, profits rising, running costs reduced, etc.
pheonix,good evening. The EU has cost me tens of thousands through the working time directive. over regulation is killing productivity,then we have the gravy train who won,t account for their expenses.they are accountable to nobody and there is nothing we can do about it, it's out of control. when i ask people to name one benefit that actually makes them feel better off they are stumped for an answer.you cant even go to france to buy a years supply of wine without having it and your car confiscated.Officially we have 2.1 million jobs given to immigrants while our own cant get a job.I once went into a mail sorting warehouse,only to hear a polish supervisor state "if you can't speak polish,you can't work here" just hope this helps you understand
PS. This and the impact on the opinion polls is why the bookies have a remain vote now at 1/7 and 1/8 (incl. Betfair - who have different way of setting odds for those who're aware of their model)...and as such nothing whatsoever to do with any conspiracy theory. ATB, Scfc
I think the IFS have also come out today with a strong argument to remain - and that is also where I stand - not just the economic reasons often advanced although that is pretty high up on my reasoning. Common sense hopefully will prevail and we will be far better off trying to make better inside the current (far from perfect) EU status but I struggle to see any solid reasons to leave...and with Johnson, Gove and Farage leading the out campaign that makes the decision a total no brainier IMHO! ATB, Scfc
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