7 minutes ago, tebee said:

What next for Brexit? Four possible outcomes

 

https://www.ft.com/content/80774838-e8f5-11e8-a34c-663b3f553b35

   

    Britain holds a second referendum

The most likely route to this outcome is that Mrs May’s pact fails to be approved; Labour then calls a motion of no-confidence in the government and it fails to pass; Labour and Conservative MPs then opt for a second referendum believing the other options (no-deal or renegotiation) to be untenable.
 

motion of no confidence in the government is unlikely to pass and that would be the same as a board of directors  ( Conservative MP voting themselves out of a job with all the benefits that go with that job) more likely is May will go and a new Conservative leader will be chosen rabb or JRM

2 minutes ago, AlexRich said:

Nigel Farage stated quite clearly on the eve of the vote results that he would continue to fight on, especially if it where a narrow vote like 48-52. As is his democratic right. Remain supporters have the same right, as do leavers who have thought better of it now the reality is on the table.

And was Nigel in a position in Goverment to bring forward a 2nd referendum but now we know the remainers refused to accept the results of the 2016 EU referendum when they spout the standard line we respect the results but.

There no reason why anyone should respect the results of a new referendum unless it uses a super majority system such as 80/20 and we all know remainers have zero chance of getting that result

Second Referendum Poll: No Deal Beats Remain

New DeltaPoll research has found that if a second referendum were held, the public would back ‘No Deal’ over ‘Remain’ by 52-48%. And that’s achieved in the absence of a leave campaign, with the public being subjected to a constant torrent of un-combatted Remain campaigning over the last two years. Be careful what you wish for Remainers…

Second Referendum Poll: No Deal Beats Remain

New DeltaPoll research has found that if a second referendum were held, the public would back ‘No Deal’ over ‘Remain’ by 52-48%. And that’s achieved in the absence of a leave campaign, with the public being subjected to a constant torrent of un-combatted Remain campaigning over the last two years. Be careful what you wish for Remainers…

https://twitter.com/EuropeElects/status/1068202384650919936

3 hours ago, baboon said:

The Pound going down the crapper probably has as much to do with it as English nastiness.... 

And Wages have increased in a number of European countries as they are no longer allowed to use North Korean slave labour 

1 hour ago, Grouse said:

Only! ONLY!!!!

 

What share of manufacturing jobs?

 

https://www.smmt.co.uk/wp-content/uploads/sites/2/SMMT-Motor-Industry-Facts-June-2018.pdf

 

Read all abaatit!

From your own link 12.8% of the UK’s total export goods which means 87.2% of the Uk exports are from non automotive sectors

1 hour ago, Grouse said:

This has been explained to you before

 

1) repatriating foreign earnings results in higher profits quoted in GDP

 

2) foreign but British owned company valuations increase when quoted in GDP

Suggest you read the link article as that is exactly what it said

Around three-quarters of the earnings of FTSE firms come from outside the UK. And when sterling is weak and these profits are converted back into pounds from dollars or euros, they are worth more

Many of the blue-chip giants such as HSBC and Shell report their earnings in dollars, and so they also pay their dividends in dollars.

That means shareholders get a boost when their payout is converted back when the pound is weaker.

https://www.thisismoney.co.uk/money/investing/article-3838513/Why-falling-pound-helped-shares-soar-cent-sterling-lost-FTSE-flown-higher-higher.html

Economist Who Won Nobel Prize for Trade Theory Sceptical of ..carney's forecasts

Paul Krugman, who won a Nobel Prize in economics for his work on trade theory, seems the kind of person who might have a credible view on the various scenarios depicted by the very political Mark Carney’s report to the Treasury Committee. Krugman made some points on Twitter last night;

• The Bank of England just released some very dire scenarios.
• But their bad-case losses from a no-deal Brexit look extremely high. I mean, 8% of GDP was the kind of estimate we used to make for countries with 150 percent effective rates of protection.
• I don’t understand how you can get that kind of cost without making some big ad hoc assumptions about productivity or something. And I have worried in all this about motivated reasoning on the part of people who oppose Brexit for the best of reasons.
• As best I can tell, the big results depend on assumed relations between trade/FDI flows and productivity. It’s really important to understand that this channel does not follow from basic trade theory and comparative advantage; it’s a black-box story.
• What we have are correlations between trade and investment flows and productivity that don’t really follow from standard models. Are these causal? There is surely room for skepticism. Yet that seems to be the big driver of the whole thing. So I’m worried.
• Again, I’m anti-Brexit, and have no doubt that it will make Britain poorer. And the BoE could be right about the magnitude. But they’ve really gone pretty far out on a limb here.

.

14 minutes ago, AlexRich said:

 

Andrew Lilico, a prominent Brexit supporter. They were not forecasts, merely scenarios. 

Standard response from remainers on this forum  example @damascase would be Of course, if you don’t like the message, attack the messenger............ or Again and again: the messenger and not the message.......,,,

The Bank of England’s Brexit forecasts aren’t just wrong. They’re absurd

https://capx.co/the-bank-of-englands-brexit-forecasts-arent-just-wrong-theyre-absurd/

1 minute ago, nauseus said:

Qué?

@AlexTaylorNews

Journalist resolutely European, more recently French citizen, which does not prevent me from wearing "outrageous" socks and to pester against the Brexit ????

2 hours ago, bomber said:

not many of the 17.4 million leave voters know much about stocks/shares its of little interest,the price of a pint at the local spoonies is all that matters.

What they do know is the name of a Brand and can Boycott a Brand it doesn't matter how many free trade deals you have if the consumer doesn't want to buy your product is stuffed

1 hour ago, tebee said:

Words fail me.....

The rantings and opinion of a French citizen who care what the French think I don't

Journaliste résolument européen, plus récemment citoyen français, ce qui ne m'empêche pas de porter des chaussettes "outrageous" et de pester contre le Brexit:)

1 hour ago, tebee said:

Words fail me.....

The rantings and opinion of a French citizen who care what the French think I don't

Journaliste résolument européen, plus récemment citoyen français, ce qui ne m'empêche pas de porter des chaussettes "outrageous" et de pester contre le Brexit:)

1 minute ago, AlexRich said:

 

The reality is that jobs and production will fall without a deal, and not just in car manufacturing, and whatever % of exports cars represent that is a very poor outcome. I have heard very few business people, large or small, express eagerness for a no deal outcome ... that tells you something. It's not good.

The same can be said for public listed company CEO calling for a 2nd referendum or to ignore the Brexit vote , trying to convince your shareholders that ignoring 17.4 million people is good for your business doesn't cut it with the shareholders