The UK is Out - New PM - and whither now for Article 50

MrsGrey

One thing we seem to have plenty of is unemployed Shadow cabinet Ministers and PPSs.

Perhaps we could do a Buy-One-Get-One-Free deal.


#sweeteners

IronHerb

And that's not what I've said either - if the eu block of countries wants to trade with the U.K. It will have no say on the controls which the uk will want on its side

But surely it will within the negotiations. ;hmm

baracks_a_hammer

And a negotiation is two way - if the eu makes it punitive to brtisith companies to export to it, then the uk can easily do likewise to European companies wanting to import to the uk - and I'm sure that'll go down well with the German car manufacturers for example

Colchester_Iron

Latest available data here;

https://www.uktradeinfo.com/Statistics/OverseasTradeStatistics/Pages/OTS.aspx

shows imports from Germany are 100% greater (in £s) than exports to Germany (April 2016).

IronHerb

So it's 'no change' on trade then? Why did we bother to leave? Oh yeah, control.

Colchester_Iron

Luckily, as it's 'no change', we haven't lost anything. ;biggrin

Moojor

baracks_a_hammer said:

And a negotiation is two way - if the eu makes it punitive to brtisith companies to export to it, then the uk can easily do likewise to European companies wanting to import to the uk - and I'm sure that'll go down well with the German car manufacturers for example

You don't think that any extra import costs etc, will just be reflected in a higher purchasing cost. Meaning that it's the end user who will have to foot the bill?

Colchester_Iron

Moojor

That has always been the point of international trade barriers. Theoretically to protect businesses producing goods in the 'home' country by making imported goods more expensive.

baracks_a_hammer

Have you worked in any import business Mooj?

Just asking, as we've had this debate pre the vote I think

There are products which attract high duties and anti-dumping levies into the uk to protect non uk businesses witihn the eu - so we are already paying higher prices than we (the uk) should do on certain products

grey_til_I_dye

baracks

I think you are missing the point.

If the UK wants to be part of the single market (which Boris has assured us it ill be), it has to abide by EU rules.

Mr Fuchs again:

"If you are in a club you have to follow the rules. If you are out of the club, there will be different rules."

The UK can of course choose not to be part of the single market, and try to negotiate a different agreement with the EU.

My point is that Boris is the one saying the UK will be part of the single market, so perhaps you should take it up with him?

Colchester_Iron

"Throughout the referendum campaign, Leave campaigners argued that the UK would be able to get a better deal than any currently in existence because it is such a big customer of European products."

http://www.bbc.co.uk/news/uk-politics-eu-referendum-36641383

brookingsirons

This is the end of the EU as we know it imo , more will follow out of the agreement it could be the end of the Euro .

MrsGrey

AKAHammer63 said:

I think the remainers should be venting their anger there not a leavers IMHO ;ok

I've got enough for both, and a lot left over for Cameron too ;ok

pardewalegend

The sooner the EU breaks up the better and everyone csn Ho back to there own currency

Colchester_Iron

And I can buy meals in Corfu that cost 10,000 Drachma again.

;wahoo

Tomw85

Grey from reading Boris's article in the telegraph he says that we will have access to the single market, not be in it. Other countries outside of the EU have access to the single market, but as you say with different rates as a consequence of not being in the EU.

We will still be able to trade with the EU, it is the terms of trade that need to be agreed.

As Barracks says, the EU might try to impose tough terms on us to make an example of us, but like wise we can also make it tough for the EU companies/countries that currently benefit massively from exporting to the UK.

MrsGrey

pardew, what's it got to do with you what currencies other countries want to use?

Colchester_Iron

He's ITK Mrs G.

pardewalegend

Well
I have a lot of colleagues living in Italy, Spain,France
None of them I speak to want to be part of this thing and all want the days of there own currency back

grey_til_I_dye

http://www.bbc.com/news/uk-politics-eu-referendum-36641383

Looks at possibility of free trade without freedom of movement.

pardewalegend

Freedom of movement has an awful lot to do with the out vote!!
There's no point in allowing unskilled migrants in the UK
If your skilled and meet our nominated criteria great if not no thanks

baracks_a_hammer

MrsGrey said:

pardew, what's it got to do with you what currencies other countries want to use?

It's very relevant and just one of the things making the eu not fit for purposes - if countries like Greece Spain, etc kept their own currencies then it would have given them a better chance of re-basing to turn around their faltering economies. As it is those countries remain between a rock and a hard place

The euro has been a disaster and tHank goodness we stayed out of it.

Swissiron

and btw, the Bank of England just spent 50 times our annual EU rebate for the past 20 years to shore up poundland just in the past 2 days...
nice one Boris

pardewalegend

It's a fact that had we had the euro when the recession hit in 2008 we would of been in a worse position than Greece and they are in the brown stuff!!

MrsGrey

pardewalegend said:

Freedom of movement has an awful lot to do with the out vote!!
There's no point in allowing unskilled migrants in the UK

So it WAS about immigration. ;wink

Colchester_Iron

;hmm

Did somebody say it wasn't about immigration?

Swissiron

We will never sign up to the euro because the euro is a disciplinary factor for most European economies and has been since it started. It stopped the Greeks doing what we contine to do, and to say that the pound could be brought down by euro membership is a complete joke, actually the reverse is true.

Say what you want, but the pound is not in the euro essentially because it cannot take the discipline of not being allowed to devalue. Just look at the value of the pound compared to all other curencies in Europe over several decades before the Euro came in, and look at it compared to the Euro afterwards. The facts dont lie, like the league Table. It's a straight decline against all significant comers since the 1940s.

That's because we got used to devaluing the currency in inflationary periods and we did so. It's our last imperial prerogative, to rip off our own people by telling them that when the pound devalues, the pound in your pocket stays the same.

It's not true now as it wasn't true in the 1960s. British government have been devaluing the pound for at least seven decades to suit their policies - it's an unbroken line of deceit which continues to this day. Brexit is a complete fantasy in every way

thornburyiron

If the EU is the greatest thing ever why has Switzerland retracted its application to join.
The euro stopping Greece doing what it wanted to do has worked well for them, it's bankrupt.
The euro benefits Germany the most and France second which was in reality the real reason it was brought in.

MrsGrey

I don't think anyone has said the EU is the greatest thing ever.

That accolade, surely, is reserved for peanut butter ;wahoo

thornburyiron

Yuk!!!!!!!! Love peanuts but not peanut butter.