Brexit watch

Just been offered PIE on my index linked pension, somehow, with the uncertainties ahead, I will stick with the indexed linked option. We may be bit poorer now, but safe against inflation for the future.

Apparently your loss (along with millions of others) is a 'price worth paying for democracy'.

^When asked by Labour MP Rachel Reeves if he thought £4,300 was a “price worth paying” for Brexit, Banks said: “Well what I said was that if it was correct, even if it was correct it was a price worth paying to get back our own democracy. So in that sense that’s correct.

He added: “This isn’t about pounds and pence; this is about our democracy.”^

www.huffingtonpost.co.uk/entry/arron-banks-brexit-treasury-committee_uk_5720f57ee4b06bf544e1279d

But what does the Treasury, Bank of England or Institute for Fiscal Studies know? They're only experts.

And what does Banks care? He's worth £100 million and thinks the UK average household income is £45,000pa. He's obviously not an expert on household income, so I guess that means he's right.

I agree with Luke Johnson when he says:

"Change always brings opportunity. From radical surprises can come inspiration. I can’t pretend I wasn’t shocked when “leave” won the referendum last week, even though I supported the cause. But once the initial surprise wore off, the potential started to emerge.

Britain should come together to manage the challenges. We want solutions, not pessimism; answers, not anger. And we need no gloating or smugness from “leave” voters either. Each side of the debate had its merits; I still believe the EU is undemocratic, bureaucratic and wasteful. But leaving it will not be without short-term disruption. We will gain from our departure only if we reform in a constructive way."

Re post by thatbags.....I too was surprised that the out campaign won as I had not realised the full extent of opposition to the EU.

Reform of the EU is long overdue.
It could not continue to welcome poorer economies and maintain equilibrium,without such as the UK being penalised and surcharged £1.7 billion .

The EU gravy train was travelling too far and many voted OUT to put on the brakes.

The UK didn't pay £1.7 billion in the end. It was a one-off payment anyway, because the UK economy was doing unexpectedly well, especially after the black economy (prostitution and drug dealing) was included.

I hope you realise that the UK is going to have to employ thousands of extra civil servants to sort out the exit process and then set up new deals. It should keep the passengers on the gravy train in business for a few more decades.

Hidden, daphne. The brexiters will not tell us about that extra cost.

"At the meeting, packed with babies, toddlers and anxious adult faces, one woman says she has worked for an employer for six years. On the Friday of the referendum result she was offered a new, less attractive, zero-hours contract.
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Another young woman says she and her friends, all with Spanish passports, regularly visit a Watford nightclub. Last weekend they were refused entry. “Is this because of Brexit?” they asked. The answer was yes.

González-Merello, who has lived in Britain for 20 years, says she was talking to her son on a bus in Spanish and a man said: “You fucking foreigners, you are always making a noise.”

Victims such as her, she says, are now self-policing, taking care, for instance, not to speak in a language other than English in public. Her 12-year-old son recently asked: “Mama, are you going to be deported?”

“It’s the hurt and humiliation,” she says. “And the concern that we don’t know where it may end.” "

Those who voted on immigration and borders, this is what you have got.
Are you happy?

www.theguardian.com/commentisfree/2016/jul/01/brexit-racism-radio-show-immigrants

One bit of good news - make the most of it - the EU is funding a scientist/researcher in her bid to find a cure for cancer.

The EU is funding it with £1.78 million.

Durhamjen
I would suggest that 95% of the leave voters are neither racist, xenophobic or indeed too bothered about immigration.
What people are concerned about is the fact that the EU's model of free movement has resulted in an imbalanced movement of people from poor countries to the UK. Why wouldn't they come here if the opportunities are better than in their own countries and here lies the problem. Why would Brits move to countries who are poorer than at home. What opportunities are there for our lower skilled residents in Poland and Lithunia etc. What benefit would the get from moving there...none. This situation results in employers taking advantage of the situation, the value of a pound in Romania is much greater than in the UK so those people who come here to work from these countries will potentially work for less, because when they send their wages home the value us greater. So employers pay less to these people and complain they can't attract UK staff who traditionally did these jobs till the lower pay opportunity arose.
We are welcoming doctors etc. From these countries, great you say. However, our universities are training fewer doctors and nurses, giving fewer opportunities for our youth. Great for the government let the training burden be borne by the poorer countries then we can steal their graduates and of course because the UK pound us strong, we can start them at a lower level on the pay spine and they will still feel well paid.
Much of our Engineering industry was outsourced to cheaper EU countries resulting in loss of job and training opportunities for our youth.
The EU has not supported our lower skilled or our youth. Nor has it supported the training and retention of UK citizens for the medical and allude professions.

They'll be training even less nurses now that a lot of them can no longer afford to train.

And you think this vote will solve anything? Blaming the EU for our domestic problems like lack of training is la la land again. You can't have it both ways. Club EU works to assist the single market, it has absolutely nothing to do with a sovereign nations domestic affairs. The EU is not a sovereign body. Blimey do these facts still need to be reiterated?

Weren't the EUgiving money towards apprentice training schemes in poorer areas

95%?
How do you get that figure?

It doesn't matter anyway. Brexit has encouraged xenophobes and racists to attack anyone they see as not British, whether they are or not.

The EU has absolutely nothing to do with the number of doctors leaving the NHS.
It's Tory party policy to privatise it.
Tory party policy has got rid of nurses bursaries.
Tory party policy charges doctors for training so that they end up owing roughly £50,000 when they qualify as a junior doctor, earning about £22,000.
Tory party policy has reduced the amount of money available for the NHS.
Tory party policy has not invested in our young people, and is in fact not giving anyone under 25 the "living wage".
It's nothing to do with the EU, and it's disingenuous to suggest that it is.
In fact I feel sorry for anyone who has been lead to believe that that is the case. More Brexit lies.

The EU is actually saying that austerity is against human rights in the UK. Another reason to be out, so that the EU cannot hold the government to account for that.

Joelsnan, I notice you do not condemn xenophobia or racism.

Tegan, yes they were, and many poor areas are extrememly worried about the loss of this ringfenced money.
However Brexiters will say that the money was ours in the first place. What they will not say is that they will replace that money, because they have promised it everywhere.

www.migrantvoice.org/blog/the-vote-to-leave-the-240616165936

Lots more stories on migrantvoice.

Yes, the Tory party have done all of this because the UK citizens voted them back in. And they can do all if this because the ideology has been to created a transactional finance based economy rather than a manufacturing economy with little regard to the population. Ok for those at the top, highly educated and business oriented.
Bad for those of lower skilled whose survival relies on manufacturing or similar industries. The standard of living in the UK is much higher than the rest of the world which is an inevitable magnet can uncontrolled migration maintain this?

This is from today's Telegraph....'the strength on Johnsons commitment to Leave had caused concern since he had proposed renegotiation and a second poll at the start of the campaign'.This was written by James Banning. Can someone decipher that for mer. Does that mean that Johnson was open to the idea of another referendum which is why they had to get rid of him?

Durhamjen
Angela Merkel stated this week that the EU budget will lose 15% of its budget when UK leaves EU, this figure must be less any rebate. Considering that there are 28 member nations it appears that UK is contributing 1/6th of this budget, in addition to the benefits that EU citizens (rightly or wrongly) receive whilst here. No wonder those who are nett receivers are unhappy. Isn't it up to the UK population through the democratic process to elect a government to ensure that monies are spent in the best interest of the population, we do not live in a dictatorship. However I do think we have lived in a somewhat apathetic state for too long.

Manufacturing is not going to return to the UK unless wages are drastically reduced and/or productivity raised.

So we could become a sweatshop in competition with China and Bangladesh or increase productivity with hi-tech factories such as Nissan have in Sunderland.

There is no return to the past.

The contradiction doesn't make sense. You say we have jobs for foreigners, but not our own people. The answer is for the British to raise their game, get themselves educated to the level of some EU citizens who come to the UK and work as hard as they do. All things being equal, employers will give jobs to British applicants in preference to people whose English is probably not very good.

Sorry, but that's the truth. We live in a global economy. People need to wake up. Leaving the EU won't help them.

Durhamjen
Silly statement you have not condemned xenophobia or eacism. I do hope you are not inferring I am either, you know nothing about me. What I attempt to do on this forum is debate a fair case without slur. If you cannot conduct a fair debate without such, that us a shame.

Wales and Cornwall are net receivers.

But you did not condemn it, joelsnan.
You just said, without any support, that 95% of brexiters were not xenophobes or racists. Where is your support for that statement?
Nobody ever admits to being racist, but 52% of the voters aappeared to support that Ukip poster.
Have you read the migrantvoice stories?

Are they still, daphnedill?
What happens to EU money now?