Thought I'd start a new thread as this is going to be a major talking point this year...have not made up my mind yet...(unlike bucksfizz)....but thinking of voting for an exit as Europe is not doing Britain any good at all it seems....

I reckon thıs ıs a Berlın Wall moment. Collapse very soon of the entıre EU totalıtarian state.

Surely the "Free-movement" concept is about as good as "Right to bear arms" - their original meaning has been distorted over time.

For example: to reduce our Prison population we could export prisoners ( in effect like Napoleon =banish), to the EU where they float about serving their time. Sadly "Free-movement" also means they could come back! (sooner rather than later.).

LBC speaker suggested the "immigration" problem was encouraged by Labour from about 2000-20010 - perhaps this was to bolster their support from lower-paid workers....since their better-paid supporters had drifted to the Tories . . . ( maybe?)

I find this talk that we need so many folks to do our menial jobs quite surprising - as I thought we could produce enough babies here. Is it the lack of a Baby-bonus that stifles the low-paid? We should be looking to our own IMHO - and provide housing for our ex-military rather than encourage long-term immigration.
Case in point: That African (was he?) who walked through the channel-tunnel ) 18-months ago?), has been granted asylum . . . yet surely the first EU country he visited was safe enough? (And supposing he was being persecuted politically - and not for any crime.).
The EU has ( it appears) no policy in Military matters - and it seems it is incapable of defending its Borders against young men arriving in rubber boats. So it is the EU that is creating this massive migration as folks (quite selflishly - and who can blame them?), want to reach the land(s) of what appears to be "Plenty".

Wasn't the reason Brexit won down to Immigration?

No-one wanted Market Turmoil ( well maybe the City types that stayed up that night )

What I don't understand is how they placed their "bets" with the Markets closed - or was this on-line spread-betting perhaps - ie no shares involved?

Oh dear, it will end soon....... but not soon enough!

Hays

A very interesting comment. I also think you may well be right.

I have a friend who is a risk analyst for a major international foreign bank. She was told to come in to work at 4:00 am when leave looked likely as were all the trading staff. All the risk algorithms had to be rewritten. The real market attitude to Brexit won't come until next week.

hangon

Lots of trading was going on in the auctions which are held before the market opens.

In the auctions, there would first be massive markdown. Any traders with the balls to buy such very cheap stock would then be abe to sell a little later, when the markets opened properly, and thereby clock a good profit.

Bullshare (or any other 'pro's' out there)

I dare bet you would be at least 'watching the auction/markets', even if you weren't trading. Would you mind please commenting on my comment?

Want to feel sorry for someone?

How about Sir Philip Green, who had already committed to help the BHS pension scheme about a week earlier. Now the only way I reckon he could have done that was to put his hand in his pocket and pull out a few £10m's.

Here's an article which reckons Brexit might have cost him around £365m at the low point on Friday I dare bet he and his team are at least doing some re-thinking on the level of pension help he was first thinking up:

http://www.telegraph.co.uk/business/2016/06/25/topshop-tycoon-sir-philip-green-loses-around-365m-after-brexit-v/

As far as the Pound is concerned, the Australian and Tokyo exchanges were open all night.

It looks like when the registration site went down 10 minutes before
final registration, and the pro-eu government allowing an extra 2 days
of voting when 2 million were allowed to register(2 million that the majority
being young remainers), and now they have the temerity to start a petition up
in the hope of having a second referendum.

Before any trade deals are completed(within the 2 year period), there could be
a couple of anit-eu governments voted into power, ie Dutch, French, etc.

The Dutch will be elected on an anti-eu banner, so will definitely have a
referendum within a year of the new government, and the same with France
if Le Penn gets into power.

So saying that any trade agreement would entail having to have free movement,
could mean the advantage being to our side.

Financial Markets are 24 hours, traders do their trading around the world.

A wheeze mooted on the wireless/social media suggests under 25yo's should register for tory membership (£5) and basically blow up the tory party a la Corbyn.

Possible?

Why does the free movement thingy keep coming up?


Does the €U require any country that trades with it to have free movement??

If not, why not???

Only if you want completely tariff free.

1,568,740 signatures for second referendum.

Interestingly, the FTSE100 ended the week exactly where it was the previous Friday.

"Does the EU require any country that trades with it to have free monvement??"

Yes of course they do..Vietnam, Canada, Turkey, + 52 other countries ALL
have freedom of movement, otherwise they wouldn't be able to have a free
trade agreement...

Some buyers of Tata Steel are withdrawing due to Brexit.

The Vietnam and EU trade deal is not free trade. It has lots of tariffs. It is just a trade deal. Some tariffs are 55% on some goods. The EU tariffs for Vietnam is 680 pages long and the Vietnam one is 197 pages.

ok, so it's tarrifs all round...fair enough, lets start with all the €U cars that we import.

Who would like to start the bidding? Germany, France, Italy...winner gets all.

You won't be able to afford a car in 2years time!

Petrol £5 a litre.

Some alarming scenarios here

http://news.sky.com/story/1717492/does-a-leave-vote-definitely-mean-a-brexit

No real alarming stuff there Haystack, just bad loser stuff.

I'm surprised at you, I thought you was an exiteer, yet you display all the trappings of an €U inner (with bells on)


As for the mp's defying the a popular vote...good luck with that, I hope they have suitable €U jobs lined up, cos they will be pariahs to their own electorate.

Merkel is quietly putting the Junky in his place. It is clearly in the UK interest to take its time and let emotions cool. Behind the doors preliminary talks should be held with Germany first. The rest don't matter, they will do what they are told otherwise no money.

German Chancellor Angela Merkel has said the European Union has "no need to be particularly nasty in any way" in the negotiations with Britain about its exit from the bloc.
She insisted that deterring other countries from leaving the EU should not be a priority in the talks.
And she added she was not in favour of pushing for a speedy withdrawal.
Britain narrowly voted to end its membership in a historic referendum last Thursday.
Mrs Merkel was speaking after several EU foreign ministers - including Germany's - had urged Britain to quickly implement its exit.
"It shouldn't take forever, that's right, but I would not fight for a short timeframe," she said.
She added that she was seeking an "objective, good" climate in the talks with Britain, which "must be conducted properly".