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“Leave” win tremors: sterling falls; Bank of England on full alert; “EUexit” domino calls

Friday, June 24th 2016 - 07:43 UTC
Full article 51 comments

The UK has voted on Thursday, 23 June, to leave the European Union after 43 years in a historic referendum. Leave won by 51,9% to 48,1% with England and Wales voting strongly for Brexit, while London, Scotland and Northern Ireland backed staying in the EU. Read full article

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  • Skip

    Well it's supposedly the end of the world....

    And it's the French and German sharemarkets that have dropped further than the FTSE!

    My prediction.... the world won't end and the markets and currency will bounce back.

    Jun 24th, 2016 - 08:20 am - Link - Report abuse 0
  • James Marshall

    I hope it doesn't end, we have got a Rugby match to win tomorrow. Can't have you guys claiming the series wasn't completed so it doesn't count.

    Jun 24th, 2016 - 08:33 am - Link - Report abuse 0
  • ElaineB

    Ha! The world won't end. We will all be a little poorer today and for a while.

    Jun 24th, 2016 - 08:35 am - Link - Report abuse 0
  • Vestige

    Congratulations. Lol.

    Now to watch Scottish indyref 2 slowly but surely get going.

    Oh yeah, all 32 voting areas there voted remain. All.

    Jun 24th, 2016 - 10:04 am - Link - Report abuse 0
  • Voice

    Yeah...I'm not making any predictions...
    I'm poorer today, but fortunately all my eggs are not in one basket...
    Lets hope all the scaremongering...was just that...

    Jun 24th, 2016 - 10:25 am - Link - Report abuse 0
  • V0ice

    UK Part II.......England's DT will crawl out of the woodwork.

    Good for jolly old England, they deserve this. At the end of the day, who cares but the English.......oh and Europeans.

    Now, when does Scotland branch off?

    Jun 24th, 2016 - 10:33 am - Link - Report abuse 0
  • EscoSes Doido

    This is a win-win for Scotland and England.
    England has gotten her wish to leave the EU, - Soon Scotland will get another indyref, We then get to leave the UK!

    Everyones a winner baby.

    Jun 24th, 2016 - 11:22 am - Link - Report abuse 0
  • The Voice

    Wonder Woman is grumbling again promising a Scotch Referendum. And, the UK could soon be rid of VoiceofThink. Double celebration!

    Great result for England and a better future for those who choose to remain in the Union.

    Those Spanish Peppers, rottern French Cheeses and Dutch tomatoes are now less competitive than British produce. A little more expensive to travel abroad. My shareholdings are less valuable right now but tbe dividends will continue to roll in, the value doesnt matter unless you have to sell. Looks like the skids will be under Corbyn too and we may possibly get an effective opposition once again.

    Jun 24th, 2016 - 11:40 am - Link - Report abuse 0
  • golfcronie

    @7
    I don't think you will become independant, what industry do you have, what about the oilfields, not worth much now. Where are you going to get the money as the Bank of England wont support you. Anyway you will have to apply to join the EU if you want to, again where is the money?

    Jun 24th, 2016 - 11:46 am - Link - Report abuse 0
  • womble

    Le Pen, Wilders, Farage, Gove.... What a lovely bunch.

    Jun 24th, 2016 - 12:07 pm - Link - Report abuse 0
  • ElaineB

    @9 That is a good point.

    Jun 24th, 2016 - 12:13 pm - Link - Report abuse 0
  • EscoSes Doido

    At 9 and 11.
    Back soon to prove 9's statements are incorrect.

    (I'm on the go right now, can't type)

    Jun 24th, 2016 - 12:18 pm - Link - Report abuse 0
  • Vestige

    Travel between ROI and NI....no passport.
    Travel between GB and NI....passport.
    Strong possibility.

    Jun 24th, 2016 - 12:27 pm - Link - Report abuse 0
  • LEPRecon

    Regardless of what people are saying there will be no referendum on independence. Scotland had its opportunity and they voted to remain part of the U.K.

    The referendum on the EU was done for the whole UK not by regions. In a democracy you go by the will of the majority. To deny the will of the majority is to deny democracy.

    Jun 24th, 2016 - 12:43 pm - Link - Report abuse 0
  • Evertano

    Maybe we should start calling him “ the disunited kingdom ”

    Jun 24th, 2016 - 12:46 pm - Link - Report abuse 0
  • ChrisR

    GREAT RESULT!

    Forward bought 12 months money in anticipation of this slight hiccup: Sterling will soon be even better than before.

    AND, NO EU jackboot on the neck of the UK!

    Jun 24th, 2016 - 12:46 pm - Link - Report abuse 0
  • chronic

    Ka - chinnnnnnnnnnnnnnnnnnnnng!

    Jun 24th, 2016 - 12:59 pm - Link - Report abuse 0
  • EscoSes Doido

    At 7/11 (not the shop)

    Here's a link for you, and please browse the WOS site, Everything there is cross checked, all info can be verified.
    Unlike nearly everything you will read in the UK media.

    http://wingsoverscotland.com/where-the-moneys-coming-from/#more-54115

    Jun 24th, 2016 - 01:32 pm - Link - Report abuse 0
  • Vestige

    14 - lol @ you. https://www.reddit.com/r/Scotland/

    Jun 24th, 2016 - 01:34 pm - Link - Report abuse 0
  • EscoSes Doido

    http://wingsoverscotland.com/truth-and-wrongs/

    Remember one of the biggest ever oil finds is BP Clair West of Shetland, And as you all know, the price of oil will come back up.
    Even if it did not, Scotland has sufficient industry to more than support itself free of Westminster.

    Jun 24th, 2016 - 01:38 pm - Link - Report abuse 0
  • James Marshall

    @18 Another hurdle Scotland will have to negotiate would be to get another 'Order in Council' as the 'Edinburgh Agreement' was only a temporary agreement to allow for the referendum to take place. Maybe London could join you as they voted to stay too.

    Jun 24th, 2016 - 01:52 pm - Link - Report abuse 0
  • darragh

    Hilarious to read the reactions throughout the EU with all the Eurocrats crapping themselves as it looks as if maybe the wheels are coming off their gravy-train.

    If they were so concerned about the UK leaving the EU why didn't they give 'call me Dave' something he could sell to the UK public but no they just laughed at him and more or less said 'you wouldn't dare leave. We are the EU, the Almighty, you must bow down to us' - not laughing now though are they.

    Jun 24th, 2016 - 02:32 pm - Link - Report abuse 0
  • The Voice

    @20 Jolly good luck to you. The Scots should have independence if thats what the majority want. We should make a Scottish referendum as easy as possible. Leaving the UK will be better for England financially too. I shall bet a few quid on it when it happens. I have heard that if you do vote for exit some noteable undesirables will slink off from your shores - cant be bad!

    Jun 24th, 2016 - 02:39 pm - Link - Report abuse 0
  • Vestige

    Major mainland EU countries are impervious to any EU breakup.
    Spain-France-Germany-Italy rock solid.
    A brexit or small peripherals dropping off is within reason.
    An EU collapse, a reintroduction of borders and tarrifs between the big players...dream on.

    Jun 24th, 2016 - 02:49 pm - Link - Report abuse 0
  • rule_britannia

    Since London also voted to remain in the EU, can London have a referendum on leaving the UK, too? There are more people living in London than in Scotland and Northern Ireland together. The population of Scotland is around 5.42 million and that of N. Ireland is around 1.86 million people (totalling 7.28 million) while that of London is estimated to be 8.63 million.

    Jun 24th, 2016 - 03:03 pm - Link - Report abuse 0
  • The Voice

    Today I have had emails from friends in Germany France the US and Chile who are shocked and asking why we voted Leave. The Europeans are totally in the dark about the problems here caused by the EU. My Scottish pals are really hacked off by the antics of Wonder Woman.

    Jun 24th, 2016 - 03:47 pm - Link - Report abuse 0
  • Vestige

    24. *Correction: 'A Grexit or small peripherals dropping off is within reason.'

    Grexit.

    Anyhoo. Am lookin forward tee Scentrance laddy.

    Jun 24th, 2016 - 04:26 pm - Link - Report abuse 0
  • ChrisR

    Don't listen to the doomsayers:

    FTSE closed down 3.2% - but that was up on a week ago! Euro markets are taking a hammering down >10%...

    Jun 24th, 2016 - 06:39 pm - Link - Report abuse 0
  • chronic

    The elites failed by only offering fear.

    The nationalists prevailed by emphasizing reality and hope.

    Calmly exit the EU.

    Jun 24th, 2016 - 06:48 pm - Link - Report abuse 0
  • Briton

    Great Britain will now slowly but surely go forward as one nation,

    we will in time grow as trade and investment increases,

    no doubt some bumps along the way, but common sense will hopefully prevail

    And yes it may well be a leap into the darkness,
    but carry a torch and you will see more clearly.

    Jun 24th, 2016 - 07:11 pm - Link - Report abuse 0
  • Vestige

    ^ you know Scotland's grabbing its coat as you speak right ??

    Jun 24th, 2016 - 09:18 pm - Link - Report abuse 0
  • The Voice

    How nice… not according to the majority of Scots.

    Jun 24th, 2016 - 10:00 pm - Link - Report abuse 0
  • Briton

    you know Scotland's grabbing its coat as you speak right ??
    Is it ?
    some don't think so,
    this man thinks Scotland will benefit from Leave,
    read it.

    SCOTTISH Vote Leave chief Tom Harris has described Brexit as a “great opportunity” and predicted Remain voters north of the Border will soon see the “many benefits” of slashing ties with Brussels

    http://www.express.co.uk/news/uk/683265/Vote-Leave-boss-predicts-200m-Scots-Brexit-bonus

    Jun 24th, 2016 - 11:29 pm - Link - Report abuse 0
  • McCool

    67% of the electorate in Scotland voted in the referendum. 62% of them voted remain. Nicola sturgeon won't be calling for an independence referendum until she is absolutely sure she can win, which won't be anytime soon.

    Jun 24th, 2016 - 11:50 pm - Link - Report abuse 0
  • Lucdeluc

    What will happen to Nigel Farage when the UK disintegrates like Yugoslavia did in the 90s?

    Jun 25th, 2016 - 07:36 am - Link - Report abuse 0
  • Conqueror

    @18, 20. Why do you post links to other peoples' opinions? Can you not think for yourself?

    The Barnett Formula means more than £40 billion to Scotland every year. When it ends, one third of Scotland's GDP will go with it. One thing you need to join the EU is a functioning market economy as well as the capacity to cope with competitive pressure and market forces within the Union. Do you have those? Think of all the freebies that you get at the moment. They'll have to go and/or taxes will have to go up. What will you do if the Royal Navy takes control of the gas and oil rigs? Got a navy have you? In 2014 the EU might have demanded that the UK give Scotland everything on Salmond's shopping list. No more. Be independent if you wish. Do a bit of research. Find out how you long accession negotiations take on average. You have a long time out in the cold, cold world ahead of you.
    @24. You don't look too closely, do you? Italy is on its knees. A government imposed by Brussels. Spain is rotting and falling apart. France is stumbling. Germany is rocky.
    @25. No.
    @35. Thanks for your concern. The UK won't be “disintegrating”. Ask, instead, how Scotland will feel as it loses £40 billion a year. One third of its GDP.

    Jun 25th, 2016 - 10:58 am - Link - Report abuse 0
  • Clyde15

    #36@18, 20. Why do you post links to other peoples' opinions? Can you not think for yourself?
    They are just pointing out what people with some knowledge of the subject think
    unlike your xenophobic rants.

    What will you do if the Royal Navy takes control of the gas and oil rigs? Got a navy have you?
    At present no. Where will you get the money to fund yours ...and the personnel to man it ?

    If you look at a map you will see that the UK's nuclear deterrent is based on the Clyde. Using you ridiculous scenario, how are you going to get them out in the case of your hoped for war of aggression against Scotland
    One scuttled ship at the Rhu narrows and you have lost Faslane.
    Two bulk carriers scuttled near Coulport on Loch Long and that is your nuclear arms dump neutralised.
    You are up the proverbial creek without a paddle.
    Being a curmudgeon is probably your only pleasure.

    I await your reply with indifference.

    Jun 25th, 2016 - 05:34 pm - Link - Report abuse 0
  • toooldtodieyoung

    22 darragh

    “Hilarious to read the reactions throughout the EU with all the Eurocrats crapping themselves as it looks as if maybe the wheels are coming off their gravy-train.”

    So much fun to watch them all running around like the headless chickens they are!!

    Hey, do you think they have taken one of the stars off the EU flag yet?

    Jun 25th, 2016 - 08:27 pm - Link - Report abuse 0
  • Hepatia

    Probably the best analysis: https://theintercept.com/2016/06/25/brexit-is-only-the-latest-proof-of-the-insularity-and-failure-of-western-establishment-institutions/

    Jun 26th, 2016 - 01:51 am - Link - Report abuse 0
  • Marti Llazo

    I think it went something like this [concerning the screwball attempt to form a United Europe]

    “ ......[united] Europe is .... a classic Utopian project, a monument to the vanity of intellectuals, a programme whose inevitable destiny is failure: only the scale of the final damage is in doubt.”

    - M Thatcher

    ----

    Jun 26th, 2016 - 02:53 pm - Link - Report abuse 0
  • ChrisR

    Ah! The Blessed Margaret.

    And to think that Teresa May thinks she is in her footsteps. Ha, ha, ha!

    Jun 26th, 2016 - 06:03 pm - Link - Report abuse 0
  • Hepatia

    When Americans read “referendum” they typically hear ballot measure. However for them British referendums are nothing more than opinion polls. Some sort of nexus between Blackstone, the second right of kings and theocracy that is'British democracy'. The fact that needs to be understood is that nothing may occur at all.

    Jun 27th, 2016 - 03:50 pm - Link - Report abuse 0
  • ElaineB

    Margaret Thatcher is dead. She was as divisive as the Brexit campaign in her day. Like or loath her, if she was in her prime today she would never get elected; never. She was of a time but not this time. Jeez, people living in the past.

    Jun 27th, 2016 - 07:11 pm - Link - Report abuse 0
  • Marti Llazo

    @9 “....again where is the money?”

    Don't need no money to join or stay in the EU. Just falsify the numbers (the Argentines can help you with that). Then when you get all settled in and cozy with the euro, vote yourselves big benefits. You needn't actually produce anything useful. Lie about your budgets and surpluses (the Argentines can help you with that). Vote yourselves retirement at age 29 (the Greeks can help you with that). Pretty soon you will be a fully fledged EU member with millions of perpetually unwashed lapping at the public trough while France and Germany are throwing big bags of money over the wall into your convents. Go for it. Your future is so bright you'd better wear shades.

    Jun 27th, 2016 - 10:24 pm - Link - Report abuse 0
  • darragh

    @42 Hepatia

    “the second right of kings and theocracy that is'British democracy'.

    What does that mean - There's no such thing as ”the second right of kings” and if I were you I'd look up 'theocracy in an English dictionary as it means rule by Priests.

    Please note that the UK does not have a king (second right or not) and the Brits are somewhat less than keen on Priests.

    kind regards

    Jun 27th, 2016 - 11:01 pm - Link - Report abuse 0
  • Hepatia

    http://en.mercopress.com/2016/06/24/leave-win-tremors-sterling-falls-bank-of-england-on-full-alert-euexit-domino-calls#comment443902: That should read “devine right of kings”. There are religious officials in your Parliament. They are appointed by your king or queen. The UK is a royalist theocracy.

    Jun 27th, 2016 - 11:20 pm - Link - Report abuse 0
  • Marti Llazo

    @43 “Margaret Thatcher is dead.”

    Perhaps. But Thatcher did recognise and act upon some perennial truths. For example, the need to occasionally beat the bejezzus out of Argentina to keep it in line.

    Jun 28th, 2016 - 12:01 am - Link - Report abuse 0
  • CapiTrollism_is_back!!

    I like the way this Anglo put it:

    “...As an Englishman living in China and who doesn't always have access to, shall we say, trustworthy news sources, I just wanted to check.

    A MP has been murdered in open daylight, the Prime minister has suddenly resigned, an philandering alcoholic is our most popular politician, the leader of the opposition is a communist who couldn't beat a drum, Scotland and Northern Ireland are on the way out, the Pound has been gutted out, Asians and Poles are being threatened in the streets to get ready for the gravy trains, and we have just removed ourselves from the worlds largest economic union?

    Is that about right?”

    About right. hahahahaha...

    Jun 28th, 2016 - 04:17 am - Link - Report abuse 0
  • darragh

    @46 Hepatia

    Sorry to disappoint you but there are no religious officials in my ‘Parliament’ nor do we have a King or Queen.

    If however you mean the UK then there are 26 Bishops (Lords Spiritual) who sit in the House of Lords. They are appointed as Bishops by the Church of England not the Queen. There are over 800 members of the House of Lords so the 26 Bishops make up only a small minority.

    Members of the House of Lords (Lords Temporal) are appointed by the Queen but only as ‘suggested’ by the Government of the day.

    The House of Lords itself is unable to prevent Bills from the House of Commons from becoming law but can scrutinise or suggest reconsideration. Its purpose is to act as a check on the House of Commons.

    There is no such English word as ‘devine’, I assume you mean ‘divine’.

    The ‘Divine Right of Kings’ has not existed in Britain since the 17th Century after the regicide of Charles I.

    So clearly the UK is not a Royalist Theocracy.

    I appreciate the fact that you live in the USA maybe of South American descent (presumably Argentina) but your ignorance on these matters is astounding.

    Jun 28th, 2016 - 01:22 pm - Link - Report abuse 0
  • Clyde15

    #49
    That has never stopped her from posting. I suppose the next one will be something about 25 years.

    Jun 28th, 2016 - 05:01 pm - Link - Report abuse 0
  • darragh

    @50 Clyde15

    I rather think you may be correct!!

    Jun 28th, 2016 - 09:48 pm - Link - Report abuse 0

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