Dust is flying all around at the moment, now half the Labour shadow cabinet are reported to be resigning.... so many if`s and could`s and maybe`s at the moment..... Any quick major change will obviously have a shock response and in an unknown early situation ...It is amazing how the UK leave vote has spread like a big shockwave around the world... Just shows how the Establishment of the EU does not liked to be questioned ...Maybe in coming time skeletons will come out of the cupboard exposing the way things have been run in Brussels... Like UK MPs allowances exposure...
It is obvious that people with mega money will make the bigger noise and many in the vote campaign now regret some of what they said and some are back tracking for damage limitation for their careers. No doubt things will calm down as reality kicks in ..... Has Osborne gone into hiding... We will have a raft of reports and talking everything to death ...then the new era will begin ..Over talking and Over reaction here and around the world has to stabilise ...People need to talk things out of their system And a new Con and Labour Leadership is now on the talking agenda ... Many other issues will logically come into the agenda......
Accusations will be flying around this week as will correcting statements and points of view from a positive future of change to those with doom and gloom as the future.... We have chosen to leave the EU club and without a membership ticket for the full benefits of the club ..The UK has just left the EU club and a restructure is now the forward process.....For the massive amount of trading that EU companies do with the UK and the UK with the EU.
A very interesting and unknown coming week in prospect ... in life decisions are and have to be made everyday .. This not a disaster but a recalibration of the UK voting publics wishes ..Sometimes rocking the establishment can be a good thing for change that is what voting is all about. Some votes are much bigger than others with bigger concerns and implications involved ... Predictions will be flying around like bullets .. Life will go on...
Meanwhile I like many will have to sit on the coach and enjoy the mystery tour and see where we end up.... It is not WW2 or anything like it.... Some of us remember life before we joined in 1973.... maybe a regret then to some to have joined.... you can never please all.. all the time...
Just my view as always... So Keep Smiling ... At least we have Football and Wimbledon to keep our sanity from the media madness... ATB
As the birds .. The 2 Vultures in the Disney film Dumbo said... WHAT ARE WE GOING TO DO NOW FLAPS..
I think many people who voted to Leave have been frightened by the reaction in the City and wonder if they've done the right thing. That's whatbInsaw on anews bulletin just now.
I did think that one reason Scotland voted for Remain and that,probably, they haven't experienced the immigration that England has and you answered that,mailman.
On the news they showed the gathering of the main players in Brussels and they were pretty angry and want us out asap. Rutters if Holland was amingst them yet a very high proportion of his own people want to leave. What they're concerned about, if course, is any move in thevsame direction by other members. Angela Merkel cautioned against Any animosity towards us and called for courteous negotiations. It's like they've thrown their collective teddy out of the pram because a member has the temerity to call it a day. I wonder how UK visitors will be treated over there. We sometimes fly Southampton to Dijon or Rennes to visit friends who live there and we have to show passports and I've had my bags checked when departing.
As you say,mailman, the organisation is corrupt in many areas, what's going on when thevaccounts have never been signed off ? Way backone if the topnaccountants Martha Andrasonn flagged up discrepancies. A whistle blower..what did Kinnock do as Commisioner ? He sacked her. She joined UKIP.
After Our entry into the EU back in 1973 like so many things that has changed so much From affordable housing to many then to unaffordable to many now ... I could go on ...
The other big change is that in 1972 the teenagers were more governed by their parents attitudes, unlike today the teenagers want a bigger say in the world .. and as it seems many youngsters voted to remain and the over 45s were more voting Leave. As the older ones have lived through it all and many have had enough of unregulated immigration and other things, which the younger ones have not gone through and experienced. So we now have a divided age group agenda that voted. 40 years can and has changed so many things from Greece being allowed to go into debt above the.. I believe the agreed EU limit of 3% GDP Debt. And the possible Corruption with the massive amount of wasted money and cost involved with all the MEPs and their allowances...
If a limit of population movement had been introduced that reflected in the size of each country... then 300.000 to 500.000 would never have been allowed into the UK in the last year and a probable REMAIN vote would have won.
The Scots do not suffer the over crowding problem and so voted to remain If 5 million moved up to Scotland cities in the past 10 years their voting would probably be different.
We in the UK now face changes and need to start producing more to export and stop the mass importing of things we can produce ourselves The folly of so much reliance of others now, compared to 1972 is crazy
Immigration can still carryon into the UK but at a much reduced and selective way... 300.000 plus a year is just not sustainable.. Even 100,00 a year is pushing it while we have a housing shortage .. we now have a chance to recalibrate many things of major importance and services to make things better that are really needed for all... The massive growing UK wealth gap while so many are struggling, needs to be readdressed Greed is a destroyer of many things...
We can Renegotiate with trading in the EU and now we have the open option of trading with the world. So things are full of opportunity and less restricted EU World trading ...Things should have moved on in 40 years and EU trading with a favourable system for all members is good, But there should be no restriction on trading with rest of the world at will for all members as well...... The world is now a global market ..Even my Neighbour buys boots from the USA online...
Boris or Whoever needs to demand a better deal before the final Exit and Maybe A bit of flexibility maybe a final alternative offer from the EU if they really want us to stay. But further mass freedom of movement is not an expectable option year on year anymore. for our small island and services...If they just cannot except that, then this is WHY we are at now. Happiness in life is often being understanding and being Flexible The EU needs to adopt a bit of it... ATB
Cliff..Spot on. It was always going to take some monumental event like this to get them to re-assess their policies. On Tuesday Cameron will be in Brussels and Wednesday,without him,the 27 other members are holding a meeting/conference to determine what needs to be done to avoid contagion.
Stagecoach.. I can't agree re. 'Little Englanders' it's unfair to use that term.a divided country is the result of tanrgeted austerity. I have never felt any of the consequences of austerity but we had austerity and an influx of immigrants. I also feel the class system,which is syill alive and kicking has a lot tonanswer for. The people I saw being interviewed in areas,which were overwhelmed by immigrants were in desperation. The vast majority of Brits don't hold prejudicial feelings as long as they don't feel their well being is being compromised or their 'way of life,if you will,is being threatened.
While the Brexiteers were out celebrating their Independence Day. I spent most of the day investing my cash mountain in picking up shares at what i have perceived to be bargain basement prices. Only time will tell how much these shares will turn out to be a bargain.
Today reality has kicked in and i feel a lot poorer my country is now a broken divided nation with a very uncertain future indeed. No doubt these misconcieved little Englanders who voted for Brexit will eventually get their Dark Satanic Mills back, long after Boris Johnson and Nigel Farage have fled these shores to live in their chosen Tax Havens.
mailman/LennyMac . I posted as much over on Lloyds. It beggars belief that the EU leadership didn't take into account the pressure that unlimited free movement would cause and it's consequences. It would have been reasonable,I think, to have certain criteria met before free-movement was granted to individual countries but no, they allow any country rich or poor the same EU-wide access. Infact the UK asked that only those who had a job to go to would be granted access but the EU rejected that. It became intolerable in the UK and the result was this Leave vote. I can only think that the vision of a United States of Europe blinded them to reality.The fact they are secretly,according to reports, preparing the accession of Turkey with it's 75 million (2013 census)..shows the lack of foresight. Also, they ignore the cultural aspect..There's a problem with Islam, in the West, something else the EU seems too be ignoring. They want to create a US of Europe by taking measures that will tear it apart.
I suppose you could see the way of things when Greece was allowed in without the EU Commission,assuming it would be that body,.checking the numbers supplied to them by Greece which we all now know were false. Quite a different strategy when Greece became a problem They were in there with a microscope.
I'm not quite sure of the relevance of the link below by riddock27 and the RBS sp.
With hindsight, lol.. as the vote seemed so close and the downside catastrophic for shares wouldn't a good strategy to have been to sell all shares,if in profit or at least half. of them. Most of my Lloyds were bought at 59,61 and 63 pence so I'm not too badly hit…I am with Barcs though. In the Times today the headline is Earthquake. Well, earthquakes after shocks. I'm wary of getting in because this could be a long haul back to decent levels.I'm retired so time matters. Great for 30-somethings to buy and stack away until we see ourselves through.
No doubt the City will have to find some light in the darkness to give shares a boost.
I see Moodys rate the UK at zero. More a case of they don't know whist to rate us,in uncharted waters so they default to zero and take it from there until the fog starts to clear.
Agreed Lennymac. Feels like there's an intentional 'tory wing' of labour purely there to sabotage Corbyn from within. On the tory side we have Boris, the 'celebrated winner' of the leave campaign who'll glide in to replace the utter failure Cameron. I don't think it's going to wash with the British public though, no matter how hard the BBC et al try and pursuade the nation Corbyn is bad.
Corbyn is the first 'genuine' politician to float to the top for sometime. Whether you support his entire agenda is by the by, he has a moral compass and that is more important now than ever. REAL labour needs to get behind him, labour members are overwhelmingly in favour. Flush out the Tories in labour clothing!
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.