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I’m sorry Fleccy but that’s plain ridiculous. I’m sorry it’s so far away from the threat Brexit brings it’s almost unbelievable. I listened to all the leave non sense about Airbus, just like you now saying no impact, day after Brexit still making same parts as before, same standards and then talking about tariffs etc. Like always entirely misunderstanding the point. This is something I know about, U.K. manufactured parts (for all industries) are automatically licences “for purpose” by EU (shared nation) regulatory framework. Post Brexit, with all this not addressed means Airbus can fit U.K. manufactured parts, but they won’t be able to sell the planes afterwards as airworthy. See this is the point, virtually all the Brexit leaders are pretty incompetent, again and again they show they don’t really understand the detail of what they have done. It’s ridiculous to think 40 years of cooperation can be undone in this fashion. The U.K. will end up with 3rd nation status for no other reason than that’s the only deal the other 27 member states can offer. I personally think it’s impossible for the U.K. long term to continue being the centre of Euro invedtment, it was always tricky not being a user of the Euro it’s damn impossible outside the regulation of the EU. If that doesn’t spell disaster don’t know what will. As for manufacturing, Maggie did the right thing by not trying to compete with emerging economies. In China they have factories staffed by 1 million people. Can you imagine the costs of this in the U.K. ? Even at £500 per week that’s half billion in wages per week.......... yeah right, so retail cost of an iPhone would be what? £25,000? Utter nonsense .

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Fleccy - maybe but there is little new BT news to consider on a Sunday

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Deadcat13 - I’m with you 100% on that couldn’t agree more. I would add the country will tear itself apart. Divisive doesn’t cover it. Utterly ridiculous.

No I don’t agree. It’s not in the interest of the other 27 member states to give Britain a “membership” style deal. Many (not all) of the member states also stand to gain if they are brave. Inheriting banking, manufacturing and importing

Fleccy - I’m not advocating for this page to be taken over by the “B” word. But can you think of anything that will have a more significant impact than Brexshit?..... I can’t

Fleccy - we don’t stifle debate on here, Brexit has as much to do with BT future as anything else. If people on Lloyd’s page are discussing it, I would suggest it’s important. As a bank, I would argue more so.

Pacemaker - no concerned it will

Don’t you agree with my B word analysis either ?

Laters Velo

Blimey Velo, Vodafone the company with 59bln profit in 2014 ? & countless 100 of millions of customers world wide? Who has 0.5 coverage of their dividend payment ? So it must be their debt that worries you so much. It is big. I have to be honest I’m expecting Vodafone U.K. and virgin media to combine, it looks to me like Vodafone U.K. has / is falling behind with its mobile only offering, I know they dabble in content and Fbb but it’s not enough. I would expect to see their suppport for network builds to diminish as the first sign of impending doom and there’s no sign of that, neither is there sign of their massive upgrades being slowed down? My understanding is the liberty deal wash cash, is also expect banks to be choking those funds. I’m not saying you are wrong, how could I :) but so much of what you are suggesting doesn’t add up from what I’m seeing from Vodafone investments. If you are right BT would stand to gain hugely. 5G, fibre rollouts and Vodafone’s disruptive behaviour all undermine BT’s position. In some ways I’ve always been more concerned about a consertive attack from Vodafone than anything coming from virgin. The two combined would be a very scary prospect for BT. Liberty is also dept laiden....... is my logic so far off I’m making fool out of myself? (Again)

For the first time ever Velo I don’t agree with the logic you are posting. There is no way on earth any company will try to own BT with the spectre of Openreach being split out from under them. I also could never see interest from liberty, the only way they can gain network wise is by accessing the areas they don’t already cover, but even then you could argue the access network is (depending who talking too) inferior. Apart from that in so many ways it feels like a liberty (virgin) and Vodafone deal is already inked. When considering this would you still think there’s any possibility of DT or Liberty showing interest in BT ?

Part 2 prior to Brexit these losers would not have been listened to, but having sold the electorate the ultimate conn where the “elites “ convince.people that the “elites are “traitors or enemies of the state” anything is possible. They will blame May and EU for their stupidity and political tantrums, sothebext guess is where will the electorate turn to next ? A UK trump ? Or worse ? Would you invest ?

It’s impossible to consider the fate of BT or any other company without looking at the whole. The immediate and obvious dangers risks as I see them are 1) the world has always viewed and understood the U.K. is a reliable place to do business, rule of law, common high standards shared across Europe, English speaking a mature progressive approach. Brexit has shown this may no longer be true. “Unelected judges” nonsense like “us and them” politics, being able to convince large swathes of the population with fake meaningless propaganda like the EU rules over U.K. population, ridiculous arguments about sovereignty when anyone can see the U.K. government governs whilst the queen rules over us. Not to mention the vitriol about “unelected” bureaucrats who are actually employees, with no vote, little more than civil servants. All this suggests anything can happen, not to mention other concerns about far right and “free Tommy” bleeding into what would normall be decent peoples lives. 2) non political uncertainty, where the U.K. would have been used as a gateway to Europe, the American centre of commerce said the U.K. is irrelevant to America without its open access to Europe. 3) contractual obligations, the U.K. fishing industry over fished, led to COD wars then boat owners sold their fishing rights to european fisherman who had a longer term view. Following some Brexit nonsense it looks like U.K. will want to take these rights back and exclude the legitimate owners of these rights, further establishing the idea of bad business, in the middle of this is BT. Successive U.K. governments have chosen to cooperate on pan European standards, despute resolution and regulation. (Ofcom aside) but data and information sharing etc etc. Leaving the EU will remove U.K. from 40 years of cooperation to develop these shared standards. DT buying BT may or may not have the ability or protection offered by the EU. Weighing up the risks would involve considering all the above as to which way things might go!!!!! Brexit nonsense says EU protectionism like tariffs hurts poit developing nations and adds cost to food bills etc. The reality is european producers can’t compete on price when importing goods from countries produced by $ a day work forces, when Euro workers need payment that covers taxes for health and social services. Also tattoos are paid by the importer not producer. Flooding the european market with cheap produce will only ruin our producers, loss of jobs and eventually tax. To anyone outside looking in, it must look like the U.K. has been grabbed by a madness. My personal feeling is the Brexit vote had less to do with the EU and more a reaction to economic reality and mr Cameron. Then as per my last post well known Brexit supporters most of which have been pretty low achievers, Grayling, redwood, Mogg are now trying to convince “the people” BT should be split, prior to Br

Who gave these people a say? Oh wait that’s right. They really did take over the asylum, still convincing the masses that unconsidered change will bring good. https://www.telegraph.co.uk/politics/2018/06/29/bt-should-broken-ownership-broadband-network-harming-consumers/