Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).

Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.

cheers GF.

Well they did it in Cyprus a couple of years ago, when an amount of
money was taken from savers bank accounts...The Russians living in
Cyprus were far from happy as they held quite a sizable sum transferred
from Russia...But I would'nt have been overjoyed either... But Hey Ho
That's the EU for you!

the EU wants to ban cash which will stop the public having cash so they can not draw out the cash

French air traffic controllers on strike , Euros could be hit . Good old Frenchies want us to stay in EU but can't run their own country .

Then the banks will charge us for holding our money.
2517

There was a new EU directive introduced on the 1st January which
forced Pension providers to hold more cash on their balance sheets,
initially designed for the insurance industry, this would have the effect
of pushing pension payouts down (ie lower annuities).

The Dept for Works and Pensions said it could cost British business
up to 400 BILLION pounds.

And an Independent report by the Oxford Economics said it would cost
hundred's of BILLION'S.

So once again... Thank you, the EU!

I wouldn't laugh too much.

http://uk.reuters.com/article/uk-britain-eu-pound-idUKKCN0YO16R?feedType=nl&feedName=ukdailyinvestor&utm_source=Sailthru&utm_medium=email&utm_campaign=UK%20Lunch%20Break%202016-06-02&utm_term=UK%20Lunch%20Break

Pound would sink 9 percent if country voted to leave EU - Reuters poll
LONDON | BY JONATHAN CABLE

The British pound would sink 9 percent against the dollar in the immediate aftermath of Britons voting to leave the European Union on June 23, a Reuters poll of foreign exchange strategists showed on Thursday.

Conversely, if they decide to remain in the 28-member union then the pound would gain 4 percent on the greenback, the survey of more than 30 currency forecasters taken in the past week found.

READ MORE: EU vote fears trigger first decline in UK construction orders since 2013

When asked in April how sterling would fare, median forecasts suggested it would gain the same 4 percent soon after an 'In' vote but would fall 7 percent if Britain voted to leave. Since then the 'Remain' camp appears to have gained some traction, which has supported sterling.

In the latest FX poll, the biggest predicted drop after an 'Out' vote was 25 percent while the steepest gain from an 'In' vote was 15 percent. Only one participant predicted a fall after an 'In' vote and none predicted a rise after a vote to leave.

RECOMMENDED: City of London's 'Brexiteers' regroup for battle

"The (opinion) polls seem towards the 'Remain' outcome - as does our hope and forecasts - so we believe something of that is priced in," said Stefan Grosse at NORD/LB, which could explain the change in forecasts from the last Reuters poll.

Lifting the pound to a three and a half-month high against the euro and a three-week high against the dollar a series of opinion polls last week pointed to the "In" camp opening up a lead over those favouring Brexit.

However, the currency slipped on Wednesday and the cost of hedging against sharp falls in the exchange rate over the next month rose to its highest in over seven years on worries the campaign for Britain to leave was gaining the upper hand.

Last month, the Bank of England stepped up its warnings about the economic risks if Britain votes to leave, saying sterling could fall sharply, while economists are pretty much united in saying Brexit remained the biggest threat to growth. [ECILT/GB]

The divis for Philip Green's wife came from the parent group Arcadia which has been profitable for years and BHS has not been.

71432----So many countries ours included have been in a race to the bottom for their currencies I'm afraid it is laughable that they now fear a 9% drop. I can remember when we were close to parity with the $ as many here will also.
2517

Why the rubbish about the exchange rate....Like stocks and shares they
go up and down..Its swings and roundabouts, some gain some lose then
it swops over again..

Some people need to look at a exchange rate chart over a period of time.

It's just Freda , he thinks we'll all just vote remain because of it .

be terrible for our exports of course :-)

Who will buy?

anyone who wants our goods
eu may pretend not, but even if so (which i very much doubt) there's a bit wide world out there

Cameron being grilled on Sky News tonight at 8pm, with Gove tomorrow.

I saw Corbyn giving an EU speech today. It was the usual nonsense with very little to do with the EU. It was just an opportunity to bash Cameron.

if that is so, then no doubt that is what prompted fred to say it was a sensible and thoughtful speech

Lets get out and give it a spin. Yes a bit turbulent at first but we will soon recover. OUT, OUT OUT. :-))

Shake it all about!

8-)

Is Fred doing a Cameron ! i think so ,he's so confused right now he doesn't know who to go along with ,probably started drinking early . Wes me speling alriht Freda ?

Freda's not a lot different to Dave really , as he's now using scare tactics to make a case .