Brexit all done and dusted?

Article today by Professor Blanchflower, of Harvard.

"In response to the news that the EU supporting Macron had got into the second round and looked likely to win the presidency the markets responded positively and rose sharply. Conversely the markets would have dropped sharply if Le Pen looked the likely winner.
This is an indication of the scale of what could happen in the U.K. Markets if there is a disorderly Brexit disaster. It would likely result in a cataclysmic global fall in markets.

Support for Brexit is likely to be driven by how the economy performs and whether living standards hold up, and they aren't.
Last week (a report) indicated that wage growth had slowed and inflation had risen to a three year high. Consumer demand was holding, but it is based on higher borrowing and disabling, but it won't last.
The saving ratio has reached the lowest since records began in 1963.

There isn't much good news. Life expectancy fell over the past three years for men and women. Employment fell between December 2016 and February 2017.
Britains trade deficit is widening, as exports fell and imports rose."

sorry daphnedill but I know for sure that Eastern Europeans were encouraged to come here to do jobs that you may consider 'dirty' and were given accommodation, bussed in to do those jobs and that local people who had been doing those jobs lost them as a result. Picking in local warehouses (very clean in fact) - great for the employers who probably paid less, great for the Eastern Europeans but not so great for locals who could not pay their bills because they were no longer required.

DD 'wiped bums' when she was working as a TA (special needs).
She learned an awful lot more than how to wipe a bum or change a nappy on primary age children.

Going out with my tribe now, you may be pleased to hear!

I know that employment is beginning to fall now but up until recently we had what the economist would describe as full employment. So presumably everyone could find a job if they wished? I know some of the jobs are rubbish but under your terms jalima it would help pay the bills.

Essential jobs should be recognised for being that and paid accordingly.
I agree Welshwife

whitewave

" I know that employment is beginning to fall now but up until recently we had what the economist would describe as full employment. "

Really. Employment falling . Full Employment .

Is the economist who would describe as full employment a person or The Economist Magazine/Newspaper.

Sorry I don't understand what you are saying pogs

www.theweek.co.uk/83973/is-nestles-shift-to-poland-the-tip-of-the-brexit-iceberg

I saw a report today that Deutsche Bank are talking about locating 2,000 jobs from London to Germany and possibly 4,000. Other banks are still thought to be planning similar cuts in UK and the total number is a disaster - something like100K.

If we are out of the EU then there are bound to be some companies who have to be situated in countries that are in the EU.So far not enough loss of jobs to anyone from UK to be worrying.

More good news for Poland ( but not for the French) Whirlpool have shut their French factory and moved it to Poland.

How many UK jobs and businesses do we have to lose before the leavers realise they might have made a big mistake?

varian you make a good case for the Lib Dems on GN ( in fact, they should pay you!) but you do seem unable to accept the fact that we are leaving the EU.
I don't think leavers think they have made a mistake at all, and all the ones that I know are very happy about things.You can't make an omelette without breaking eggs.

Deutsche Bank stock is doing well, probably they are moving on whilst things are good?

rose tell that to someone who will lose their job. Thank was an incredibly heartless thing to say.

I read BNP Paribus has a good bit of staff leaving London for the less expensive countries.

We are not out yet Roses and I hope we never will be, although I realise it is a pretty faint hope as there are so many vested interests involved, especially the right wing gutter press.

If we do leave, as I think is likely, I wonder how long it will take for the well-meaning leave voters, who believed a pack of lies (not just the one on the bus) will take to realise they were misled.

We will be out soon varian.
Why must people always assume others were misled, because they have different views, it's curious.

Companies have been relocating to cheaper countries for years, sometimes this fact gets mixed up with companies having to be in an EU country.

People will leave and other opportunities will be gained. It's never been done before has it. So sick of remoaning negative people. Quite shocked at how many people have such mindsets.

Quite shocked at how many people still think everything's going to be okay.

So you know it isn't then durham. I wonder how people with your negative attitude even manage to get out of bed in the mornings.

Up with the birds, saaki, quite bright and chirpy.

You may get up early but you remind me of that little fella from Gullivers travels. All he ever repeated was "you'll never make it"

Oh that link looks negative, let me post it