How do we resolve the Brexit mess?

These experts annoyingly for the Tories just won't go away - who to believe? An investment fund manager or 30p Lee? Tough choice

 
blueinsa said:
Have you read that article because brexit isn’t mentioned?
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The FT, Friday

https://www.ft.com/content/12b544f7-d460-4e23-967d-331efc8c74aa

Brexit blues The roots of the UK stock market’s decline are deep. But one significant element dates back seven years. Brexit was such a divisive issue that many people struggle to assess its economic impact objectively. Still, the financial markets are full of hard-headed profit seekers and their immediate assessment of the vote was to mark down the value of sterling significantly. The pound touched $1.50 just before the referendum result was announced, a level it has never regained; at the time of writing it is just over $1.20. The most plausible reason is that international investors feel that the UK’s economic outlook has deteriorated. So far that assessment has proved to be correct. The UK was the fastest-growing economy in terms of gross domestic product per head in the G7 between 1980 and 2007, and again between 2010 and 2016. But between 2016 and 2022, it dropped to fifth place out of the seven, behind France, Germany and Italy, all EU members.
 
metalblue said:
What’s that got to do with Brexit?
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well if you read the article it may help - certainly nobody pre-2016 claimed London's financial services were a backwater - not sure what could have happened between now and then that could change things - I mean financial services were not even included in the WA. Everything that they were told would happen is coming to pass
 
bluethrunthru said:
well if you read the article it may help - certainly nobody pre-2016 claimed London's financial services were a backwater - not sure what could have happened between now and then that could change things - I mean financial services were not even included in the WA. Everything that they were told would happen is coming to pass
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I read the article. Did you? The article seems to primarily bemoan make up of the FTSE.
 
metalblue said:
I read the article. Did you? The article seems to primarily bemoan make up of the FTSE.
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I did read it and the point I am making its funny how a vibrant market that "led the world" has become a post Brexit backwater - I suppose like cross channel queues and staff shortages it all just coincidental where Brexit is concerned
 
bluethrunthru said:
I did read it and the point I am making its funny how a vibrant market that "led the world" has become a post Brexit backwater - I suppose like cross channel queues and staff shortages it all just coincidental where Brexit is concerned
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It's the fucking public to blame. Using their votes like the referendum was strictly or an episode of the voice - blindly voting for what they wanted. Absolute cunts, democracy is wasted on them.
 
bluethrunthru said:
I did read it and the point I am making its funny how a vibrant market that "led the world" has become a post Brexit backwater - I suppose like cross channel queues and staff shortages it all just coincidental where Brexit is concerned
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So you’ll agree that the article didn’t blame Brexit at all and, as such, the tweet you posted which blamed it on Brexit was utter horseshit on behalf of the tweet author.

Agree on these channel queues seeming to have something to do with Brexit and extra checks from what I understand. I was in France a couple of weeks ago, first time I’d used the eurostar since the Brexit deal and absolutely no issues getting in or out - didn’t notice any difference between before or after - accept I now had tax free shopping… was very enjoyable.
 
metalblue said:
So you’ll agree that the article didn’t blame Brexit at all and, as such, the tweet you posted which blamed it on Brexit was utter horseshit on behalf of the tweet author.

Agree on these channel queues seeming to have something to do with Brexit and extra checks from what I understand. I was in France a couple of weeks ago, first time I’d used the eurostar since the Brexit deal and absolutely no issues getting in or out - didn’t notice any difference between before or after - accept I now had tax free shopping… was very enjoyable.
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Didn't you notice getting your passport stamped and checked ? which is what 'seems' to be behind the queues.An artlicle not directly mentioning Brexit doesn't mean it isn't responsible.
 
metalblue said:
I was in France a couple of weeks ago, first time I’d used the eurostar since the Brexit deal and absolutely no issues getting in or out - didn’t notice any difference between before or after - accept I now had tax free shopping… was very enjoyable.
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You should also have noticed that it was considerably more expensive than it had been due to Eurostar now offering a much reduced service. And one of the reasons it cannot offer the level of service it once offered is down to the fact that the system cannot process the same numbers of people on account of the checking requirements. Therefore, while a similar type of service can indeed be enjoyed, I’m afraid those tax-free shopping benefits have to be set against the higher price paid, the restrictions in terms of travel times, and the novel inconvenience of passport control. Plus ça change, eh, plus ça change…
 
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