Noticed everyone was reasonably measured except Farage his jingoism and assumption that "we in Westminster" really grated.
🦞 The Lockdown Gang still chatting 🦞
The vote is in, we are to leave the EU. Deep breath, everyone, a new start begins today.
What needs to be done now? No recriminations allowed, no ranting, please. Constructive ideas only for what steps we should take now - we meaning the government, the legal bods, the negotiators, the banks, large and small busineeses, social departments, and orfinary people?
Bear in mind that it will take two years to settle the divorce details, then we have to begin creating a new relationship with the single market of the EU, if we are to buy and sell anything with them, after which new partners might will want to negotiate deals with us. Time scale unknown, but likely to take years. They could be lean years, our credit rating has gone down instantly, and our £ notes won't buy as much abroad at the moment. Better get a taste for British-grown food.
Meanwhile through and after the divorce we have to feed the children (without any alimony, just on our own efforts, and without the inlaws helping us to get orders any more)
The au pairs and the chars will soon go home, which means we'll have to do things ourselves which we used to let them do - look after our aged relations, nurse us after operations, and so on. On the plus side, that should mean we will be needed in those jobs, if we want them.
Noticed everyone was reasonably measured except Farage his jingoism and assumption that "we in Westminster" really grated.
Le Touquet treaty to be renegotiated, as well.
Didn't take long for Farage to say the 350 mio were going to go to NHS- *** ! What a surprise- same for Boris.
Calais looking to renegotiate the agreement over illegals.
It isn't really scaremongering. It is listening to the experts who had strong warnings about the (very) likely economic consequences of leaving the EU, and also seeing what is happening right now. Falling markets, falling credit ratings, and the price of petrol about to rise, with all the follow-on price rises that entails. Also, applying a bit of common sense - if we turn our backs on Europe, why should they want to continue agreements such as entitlement to free health care if you're visiting their countries, or the "open skies" which allow EasyJet etc to offer cheap air fares? Small things, maybe, but things we have lost.
If you went to the doctor and he advised you that a proposed action would be bad for your health, would you dismiss it as scaremongering? We might not be certain of what will happen in the future but the warnings have been pretty dire, and they are not ridiculous warnings either. Why are we taking such a huge risk with our future - and our children's future! - when we know there is no way back? We've just opted out of the world's largest free market and we can't get back in if it all goes horribly wrong for us. Not unless we can persuade every member state to accept us back - and why should they?
First thing to do is start negotiating new trade deals. That can take 10 years, by all accounts. So no article 50 for 8 years, as that takes 2 years to complete. For me, this is a really sad day as it's the end of the UK as well, and the end of my retirement dreams
You don't 'know', you just think' or 'believe'...
That is such a silly post anya. We haven't just been denied a bag of sweeties. It is much more than that. And it is much more than "throwing toys out of the pram". 
Some of us know that our country has taken a very bad turning.
Well that's OK then.
The BBC has been showing a 'bit of a hand' not only through the night but throughout the day.
Extract from the BBC's Joe Lynam. 15.19
" Morgan Stanley today denied reports that it had begun the process of relocation: “The UK’s vote to leave the European Union is a very significant decision which will have a considerable impact, the extent of which will not be known for some time. There will be at least a period of two years before an actual exit takes place, so there will be time to implement any changes required to adjust our business to the new environment.
"Morgan Stanley will continue to monitor developments very closely and will adapt accordingly while prioritising the interests of our clients, our shareholders and our employees."
www.bbc.co.uk/news/live/business-36561095?ns_mchannel=social&ns_source=twitter&ns_campaign=bbc_live&ns_linkname=576d4225e4b0d6a09aa179c6%26Morgan%20Stanley%20to%20%27adapt%20accordingly%27%2615:19&ns_fee=0#post_576d4225e4b0d6a09aa179c6
Whatever happens the people have spoken and voted to leave (not me actually in the end) but it's now a fait accompli so let's just accept that and stop throwing our toys out of the pram in a paddy at the result. OK?
'could see' 'could be moved' ....but it has 'denied the fact that it has started the process'
enough said more scaremongering on the subject until there are facts
Sad day for Britain and a future with Boris and Gove running the country
- nothing positive..
"Before the referendum result, David Cameron said he would invoke Article 50 immediately, if the UK voted to leave.
The UK has voted to leave, and Cameron has opted to quit instead. None of his likely successors have any intention of invoking the Article, which would require the EU to be shot of us within two years, in the foreseeable future."
Telling fibs right to the end.
Then Anya, best you advise the BBC they were wrong about Morgan Stanlry, I only repeated what they said
"Sources within Morgan Stanley have told the BBC that the bank is stepping up a process that could see up to 2,000 of its London-based investment banking staff being relocated to Dublin or Frankfurt.
The US bank, which established a task force looking into any staff relocations, will not be waiting for Article 50 that triggers the formal process of a country quitting the EU.
The jobs that could be moved from the UK would be in euro clearing, as well as other investment banking functions and senior management.
The bank needs to use the passporting system, which allows banks to offer financial services in all EU countries without having to establish a permenant base in that member state.
The president of Morgan, Stanley Colm Kelleher, told Bloomberg two days ago that Brexit would be “the most consequential thing that we’ve ever seen since the war”."
It has denied the fact that it has started the process, but not that it is going to do it.
It needs the bankers within the EU. London is not going to be. Therefore they need to move, as will many other financial institutions. It makes sense.
Morgan Stanley just issued a denial!
is that how sarky is spelled DJ or should it be saucy?
The DAX and CAC are still falling a substantial percentage lower than the FTSE.
We are now trading higher on the FTSE than we were in February!!! Yet still the commentators are stating the figures of gloom from last night and people are not reporting on current news. Why?
I appreciate the volatility of the markets and I am most certainly not trying to imp!y all is well, it could all come crashing down by tea time . There is however too much spin and not enough common sense being spoken and the fluidity of what will happen over the coming days, months will take it's
course.
what is required now is for the world trading /financial / political elite to look at keeping a solid grounding for all of our sakes not just the UK.
"Other banking stocks are still struggling, with RBS down 14pc, Barclays 16pc off and Lloyds 20pc lower."
Beyond the headlines, sarcy Anya.
Morgan Stanley said they would be moving 2000 jobs to either Ireland or Frankfurt.
Morgan Stanley are NOT moving 2000 jobs to Ireland.
I would be more inclined to hope for a more 'progressive' mature attitude that is good for all the peoples of the EU and the UK.
I understand why there is a call for 'sooner rather than later, as the DAX and CAC are fairing worse than the FTSE, at least they were the last time I checked.
I do think the call from Merkel for a meeting between Germany, France, Italy and Donald Tusk next Wednesday I believe a tad revealing, what about the other 20 odd countries? Sidelined again and what does that message send to those supposedly ' watching this space' in other EU member states.
Try reading further than the headlines DJ but thank you for posting an interesting article.
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