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Travelers shocked at UK airports: £=€ 99 cents; Lord King says “weak pound is positive”

Thursday, October 13th 2016 - 21:11 UTC
Full article 84 comments

Many travelers buying foreign currency at the UK's airports are now receiving less than one Euro to the pound, reports the BBC. The continued fall in sterling's value means that the average rate available at 17 airport bureaux de change is now just 99 euro cents to the pound. The worst rate is currently 88 Euro cents at Moneycorp at Southampton airport and the best is €1.06 from the Change Group at Glasgow Prestwick. Read full article

Comments

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  • Think

    And, what's much worse....!!!
    No Marmite at Tesco's....!!!

    Oct 13th, 2016 - 09:18 pm - Link - Report abuse -7
  • The Voice

    Anyone buying currency at an airport is barmy.

    Oct 13th, 2016 - 09:43 pm - Link - Report abuse +6
  • womble

    I hear the Poundland shops are changing their name to Euroland.....

    Oct 13th, 2016 - 10:52 pm - Link - Report abuse -1
  • Voice

    Am I missing something...
    My pound is worth fcuk all and that is somehow welcome news...

    Oct 13th, 2016 - 11:57 pm - Link - Report abuse -5
  • Think

    Mr. Voice...

    And you are one of the lucky ones..., residing in bonnie Alba...

    THINK about the ~500,000 British pensioners residing in sunny Spain and France...

    As things stand, they have already lost about 20% of their British pension value...

    And they are facing the very real possibility of losing their healtcare...

    Oct 14th, 2016 - 09:44 am - Link - Report abuse -5
  • ChrisR

    King was the same when he was Governor of the BofE and why should he worry about his pension or the exchange rate?

    April / May next year should see things getting better with the value of the pound, as long as 'Tits' stays true to her word. That will be a first time.

    Manufactured exports are just 8% of trade and trending lower. It seems the UK is making things customers don't want and they can't give them away even with this weakened pound.

    Thankfully, I thought the pound would go to U$D1.2 well before the Brexit and forward brought money over.

    Tits needs to fire the Canuck AND Hammond if she is really serious about getting the country back on it's feet.

    Oct 14th, 2016 - 01:54 pm - Link - Report abuse -5
  • The Voice

    Mr Think, why should we be concerned about Brits who choose to live abroad its not as though they are contributing anything to the country? Very often they are very negative about Britain, which is probably why they are living abroad.
    And as for depreciating currency you must know all about that. It has lost ground but its still 18.45 to the £ !

    Oct 14th, 2016 - 02:20 pm - Link - Report abuse +6
  • Room101

    No soup kitchens in the UK yet, though.

    Oct 14th, 2016 - 03:29 pm - Link - Report abuse +1
  • Voice

    ”Mr Think, why should we be concerned about Brits who choose to live abroad its not as though they are contributing anything to the country?

    What!!!........do you mean like the Falklands...

    Oct 14th, 2016 - 03:30 pm - Link - Report abuse -7
  • Think

    They are called Malvinas..., Mr. Voice....
    MALVINAS...

    Oct 14th, 2016 - 04:11 pm - Link - Report abuse -8
  • The Voice

    Ah, but Mr Voice, the long term residents on them islands are mostly Falkland Islanders, resident in a British Overseas territory. So glad you got the Islands name correct much to the displeasure of the fake Argy Viking.
    I have no problem paying taxes to protect them from beligerant neighbours, its the least we can do. And yes, your taxes are helping to pay for it, just as we, the English, are paying to support you.

    Oct 14th, 2016 - 05:10 pm - Link - Report abuse +4
  • DemonTree

    @ChrisR
    Why are you expecting things to improve in April/May?

    When Leave won the referendum, the pound fell. When Theresa May announced the date for activating Article 50, the pound fell. When she suggested the government is planning a 'hard Brexit', the pound fell.

    And you think passing the point of no return will have the opposite effect?

    Also what have Carney and Hammond done that you object to? (I think your problem with May is adequately explained by your nickname for her.)

    And how nice for you that you were able to get your money out before voting to f*ck the economy for the rest of us.

    @Think
    Not in English they ain't. Not in French either...

    Oct 14th, 2016 - 06:05 pm - Link - Report abuse +3
  • Briton

    More corrupt companies trying to rip of the people,

    they should be arrested and charged,

    using the pounds temporary downfall to rip us of is disgusting,

    you can bloody well bet, when the pounds goes up, they wont put the prices down, will they.?

    Oct 14th, 2016 - 06:33 pm - Link - Report abuse 0
  • ChrisR

    @ DemonTree

    You are a true Remoaner, aren't you? One of those still wanting Brexit (and the UK) to fail? I think so.

    The reasons the pound has fallen so much (and was totally predictable) is directly due to Project Fear of which The Canuck was a main driver TGW Hammond who is still actively trying to stuff it up Tits whilst smiling to her face. Plus, there have been many attempts by other countries to make trade deals and Juncker , Tusk et al have done their best to scaremonger the UK. You don't work for the BBC do you?

    But never mind, here's some good news:
    http://www.express.co.uk/news/uk/721250/Brexit-latest-news-Nissan-Theresa-May-EU-referendum

    Your mate Carney is still at it, to very little effect nowadays, and the reason Article 50 is important must be obvious even to Remoaners: the UK can start making deals with all the other countries who can see the future for the UK and want to be a part of it.

    Let's end on a bum note:
    http://www.express.co.uk/news/uk/721250/Brexit-latest-news-Nissan-Theresa-May-EU-referendum

    It seems that Qatar is likely to cut the losses it has suffered recently, NO deal with the DoJ (even though the US caused the problem) and the bank is offering 'high class bonds' in NY but having to pay DOUBLE the juice!

    And this is just SO funny:
    http://www.express.co.uk/news/uk/721250/Brexit-latest-news-Nissan-Theresa-May-EU-referendum

    And you want to stay with the EU?

    Do you never read the UK papers? 'Tits' May was the name given to this far end middle-aged woman because of her lamentable dress sense, particularly with her low cut tops and her tits falling out.

    It is clear you and I are not on the same page on many, if any, things. You accused me of 'hating' Clinton when I had written 'detest' (in a post to Elaine B) but I don't hold it against you, we all make mistakes.

    Oct 14th, 2016 - 07:03 pm - Link - Report abuse -5
  • DemonTree

    @ChrisR
    Of course I don't want the UK to fail. *I* actually live here.

    As for Brexit, since it is now inevitable, I would like the government to get the best deal possible, which means as much access to the single market as possible, in the short term.

    What is interesting is how very paranoid the Leave voters are. Before the referendum, they claimed that everyone opposing Brexit was part of 'Project Fear', a massive conspiracy to convince us to stay in the EU. Once we actually voted out, they said, these people would quickly change their tune.

    Then they told us the government would never allow a leave vote. “Take your own pen to the polling station”, they said.

    Of course they were wrong. The leave vote won, against the wishes of the establishment. No one rigged the referendum.

    And surprise, surprise. The people who thought leaving the EU was a bad idea, still think it's a bad idea. The bankers who said it would be bad for the economy started selling pounds. Were they just panicking? No; the pound has continued falling. Those investors are putting their money where their mouth is.

    But leave voters are still paranoid. What if article 50 is never invoked? The government hasn't even set a date yet! Oh; now they have, but Mark Carney is plotting to prevent Brexit...somehow.

    After all: “The Governor of the Bank of England’s latest attempt to scare voters came as he claimed that Brexit will lead to inflation on food prices.”

    I can't think where he got the idea that if your money is worth less, imported food will cost more. Next he'll be claiming that 2+2=4!

    Take it from me, a remain voter: We will leave the EU; you won the vote, be happy. The terms on which we leave, though, should be up to everyone to decide. We all have to live with the result.

    And I don't read the sort of papers that give people offensive nicknames; I don't particularly care how May dresses, I'm more concerned about her policies.

    Detest doesn't mean hate now? What are you even talking about?

    Oct 14th, 2016 - 08:44 pm - Link - Report abuse +3
  • Think

    Mr. DemonTree

    You say...:
    “The terms on which we leave, though, should be up to everyone to decide.”

    I couldn't agree anymore...
    The terms on which The UK leaves, should be up to everyone to decide...
    “Everyone” including Europe...
    As several European leaders already expressed..:

    There is only one alternative to a “Hard Brexit”.........................“No Brexit”.

    Oct 15th, 2016 - 12:27 pm - Link - Report abuse -6
  • DemonTree

    @Think
    Not sure what you are getting at. No Brexit is not an option anymore, but staying in the single market would be if the UK was willing to agree to the EU's terms wrt free movement etc.

    Staying in the single market but leaving the EU Customs Union would IMO be the best option now as it would disrupt the economy less but allow the UK to start forming it's own free trade agreements. I don't think this is likely to happen though.

    Oct 15th, 2016 - 01:35 pm - Link - Report abuse +4
  • Think

    Mr. DemonTree

    You are not sure what I am getting at...?

    I don't really know how the European leaders (and humble me) can say it clearer...

    Let's try again...:

    If Britain wants a Brexit...
    It will be a hard Brexit...
    Lo capisci...?

    Oct 15th, 2016 - 01:54 pm - Link - Report abuse -4
  • DemonTree

    So you are talking about what Donald Tusk said?

    'I think it is useless to speculate about “soft Brexit” because of all the reasons I’ve mentioned. These would be purely theoretical speculations. In my opinion, the only real alternative to a “hard Brexit” is “no Brexit”.'

    This is his opinion on the situation as it stands. A soft Brexit is still possible in theory, but he does not think it can happen.

    And he is most likely right, since the UK government is not willing to compromise on free movement and neither is the EU.

    He also said:

    'Even if today hardly anyone believes in such a possibility, we will conduct the negotiations in good faith, defend the interests of the EU 27, minimise the costs and seek the best possible deal for all.'

    He isn't declaring that he won't negotiate or consider any other possibilities, just that he won't agree to the fantasies some of the Leave campaigners were peddling.

    And the EU is not giving Britain the option of no Brexit anyway, so that's irrelevant.

    Oct 15th, 2016 - 02:25 pm - Link - Report abuse +3
  • Kanye

    Ironically, after all his relentless criticism of Britain, the English hating Mr Think and his like minded cadre of meanies, are very much against the UK leaving the EU.

    What does that say?

    Oct 15th, 2016 - 06:51 pm - Link - Report abuse +2
  • Think

    What is it I hear some Anglo Turnips saying above...?

    I just luuuuuuv the idea of the UK leaving the EU...!
    - FREEDOOOOOOOOM...

    As I luuuuuuv the idea of Scotland leaving the UK...!
    - FREEEEEEEEEEEDOM...

    You Sassenachs catch me drift...?

    Oct 15th, 2016 - 07:16 pm - Link - Report abuse -7
  • Briton

    The UK will leave,
    and Scotland will stay part of the UK,
    That's democracy for you,
    the will of the people will be carried out,

    And of course we will get the best deal poss.,
    even Nissan is happy,

    Everybody is happy except those want to stay unhappy...lol

    Oct 15th, 2016 - 08:36 pm - Link - Report abuse +2
  • DemonTree

    @Kanye
    Actually Think was telling people to vote Leave before the referendum.

    He's all for Brexit, the harder the better. Notice that he's arguing with me, not ChrisR.

    He's in favour of anything that weakens the UK, hence his support for Scottish independence, and referring to 'Engrish' instead of British. He's always trying to stir up trouble and sow division.

    Oct 15th, 2016 - 09:01 pm - Link - Report abuse +3
  • Think

    Mr. DemonTree...

    “He's always trying to stir up trouble and sow division.”..., you say about little my...

    Coming from an Engrishman... that sounds like a condecoration...

    One earned previously by many foreigners that disliked the Engrish ways abroad...

    Simple folks...as Mohandas Gandhi, Jomo Kenyatta, Nelson Mandela, Queen Nanny and so many others you Engrish people surely never heard about...

    Thanks for the compliment...
    El Think, Patagonia, Argentina...

    Oct 15th, 2016 - 09:57 pm - Link - Report abuse -4
  • DemonTree

    Wow, Think. Now you're comparing yourself to Mohandas Gandhi, Jomo Kenyatta, Nelson Mandela, and Queen Nanny?

    And you call yourself humble!

    Oct 16th, 2016 - 08:52 am - Link - Report abuse +3
  • Think

    Mr. DemonTree

    It wouldn't cross me humble mind to compare little my with any of those thousands and thousands of great individuals that were forced by Brutish Colonialism to dedicate their whole lives to the erradication of said...

    It is you..., me dear Engrishman that bestow me that undeserved honour..., by aplying to me the very same negative appellatives la perfide Albion used against those great ones...

    Once again Engrishman...
    Thanks for constating I'm on the right path...

    Oct 16th, 2016 - 09:50 am - Link - Report abuse -3
  • DemonTree

    Think, I'm sure some of those people have also been called terrorists. Does that mean Daesh or Al Qaeda are honoured if I describe them as such? Of course not!

    Daesh are also stirring up trouble and sowing division, and they are certainly anti-British.

    Perhaps you should consider that having one thing in common with someone great does not actually make you great too.

    Oct 16th, 2016 - 11:57 am - Link - Report abuse +3
  • ChrisR

    I would like to take this opportunity to thank those two 'contributors' who consistently downtick me.

    It is your negativity that helps me keep going!

    :o)

    Oct 16th, 2016 - 12:19 pm - Link - Report abuse -5
  • Think

    Mr. DemonTree

    And perhaps you Anglos should consider why some complete bastards as Daesh are having such an easy time stirring up trouble and sowing division all over...?

    Maybe, because they.., in clear contraposition to the Anglos... are straight-talkers...

    Oct 16th, 2016 - 01:33 pm - Link - Report abuse -5
  • DemonTree

    @ChrisR
    LOL, your comment has already been downvoted twice; I guess you are right. I wonder who it could be...

    Aren't you going to reply to my post about the EU? Surely you don't want to leave it to Think to defend Brexit?

    @Think
    I do. I'm not going to defend all the actions of my government, either in the past or more recently.

    Though I don't think Daesh's support has much to do with their honesty about planning to murder, rape, enslave etc anyone who disagrees with them.

    Oct 16th, 2016 - 02:52 pm - Link - Report abuse +3
  • ElaineB

    The joke is we are leaving the EU but have apparently joined the single currency.

    I remember the pre-Brexit discussions when I talked about the pound falling in value and how it would affect the pensions of ex-pats. Some accountants were telling their gullible clients that it was not true and the pound would not plummet.

    Oct 16th, 2016 - 04:01 pm - Link - Report abuse +1
  • Briton

    We don't need the single market with free freedom of travel

    Name me one country or block that demands , asked , or give the impression that you need to accept freedom of movement to gain access to its markets,

    name me one, just one,
    yep, just name me one, go on be clever, just one trading block that demands you take freedom of movement to get access to its markets,

    come on boys and girls, just one,
    just one tiny little weeny one,

    We done need the EU single market at a cost of free movement,

    unless you clever remainders know something 17 million don't.

    go on be brave it is Sunday,

    Oct 16th, 2016 - 04:52 pm - Link - Report abuse +2
  • ChrisR

    And, one appears!

    @ DemonTree

    Glad I made you smile!

    However:
    You lost and I think that negates whatever you want to say now and didn't say 'back in the day'.

    PS if you want to waste your time posting to The Lunatic of Chew Butt that's your problem.

    I'll stick with Bamford who runs the most successful privately held construction equipment manufacturing company on the planet. He has just resigned from the CBI because of their Remoaner stance and their need for the 'comfort blanket' of the worst of both worlds a 'soft Brexit'.

    Oct 16th, 2016 - 05:18 pm - Link - Report abuse -4
  • Briton

    We done need the EU single market at a cost of free movement
    should have read=

    We don't need the EU single market at a cost of free movement

    we will get there in the end, its our destiny..

    Oct 16th, 2016 - 05:20 pm - Link - Report abuse -1
  • DemonTree

    @ElaineB
    Do you think those accountants actually believed it? Or did they have something to gain by saying so?

    @ChrisR
    Reality is not decided by democracy.

    If Britain does better outside the EU, I will concede you were right about Brexit.

    I'll remember your prediction that the pound will rise again in April or May next year, that will give us the first indication of who is right.

    @Briton
    You don't need to agree to freedom of movement to gain access to the EU's markets. Anyone can sell to the EU by paying the EU's tariffs. Or they can arrange a free trade deal with the EU such as Canada has been working on for the last 10 years.

    You only need to accept freedom of movement to be part of the single market, which is a whole lot more than just a free trade zone.

    And it's fine to decide you'd rather have no free movement at the cost of no access to the single market. Just don't expect everyone to agree with you and don't pretend there will be no price to pay. Britons living abroad on UK pensions are already worse off; try telling them there is no cost to Brexit.

    Be brave, admit that there are downsides to leaving the EU.

    Oct 16th, 2016 - 07:05 pm - Link - Report abuse +2
  • ElaineB

    @ Demon Tree In my experience personal accountants are not any more politically aware that the average person on the street. Would I trust them to advise me beyond basic tax law? No. Did they have anything to gain from giving wrong advice? I doubt it but they certainly are not qualified to advise on the matter.

    What surprises me most when discussing the subject is the naivety. People seem to think we have more power than we have and we can demand what we like. We certainly have some very powerful cards to play but so do other countries. It is down to the negotiators and finding the best for the job is what the government is doing right now.

    Oct 16th, 2016 - 08:04 pm - Link - Report abuse +4
  • HughJuanCoeurs

    To all Bremainers, Scottish Independence advocates and Argentinians... Ah Diddums!

    Oct 16th, 2016 - 08:46 pm - Link - Report abuse 0
  • Think

    To all Brexiters, British Clonialism advocates and Engrishmen... Ah Diddums!

    https://www.ft.com/content/e801b67a-9206-11e6-8df8-d3778b55a923

    (And them troubles haven't even begun...!)

    Oct 16th, 2016 - 08:56 pm - Link - Report abuse -5
  • DemonTree

    @ElaineB
    You'd think accountants would know a little more about financial stuff really, or at least know where they can get decent predictions.

    You are right about the naivety. The more Brexiters I talk to the more pessimistic I feel about the whole thing. I actually think the UK could do okay outside the EU in theory, though there would still be damage in the short term. But that would require a realist view of what the government can achieve and what they should compromise on in the negotiations, and the sort of policies that the Brexiters are strongly opposed to. Unfortunately the government appears to be pandering to the most extreme views at the moment.

    Despite that though, I think one of the worst results of the referendum is the new distrust of experts. It's a serious problem that could continue long after we've left the EU. Ordinary people don't, and can't be expected to, fully understand all the issues that they need to consider when voting. If they no longer trust experts to explain things then they'll be voting based on what they want to believe, or whatever the next plausible charlatan is claiming. Having public policy so divorced from reality is very dangerous.

    @HughJuanCoeurs
    Well, your mature and reasonable arguments have certainly convinced me!

    Oct 16th, 2016 - 10:43 pm - Link - Report abuse +1
  • ElaineB

    @ Demon Tree

    Re Accountants: The average personal tax accountant knows about personal tax law. That is the limit of their professional knowledge.

    Things are going to get a lot worse before they get better, if ever. We may have sacrificed halcyon days because of a backlash over immigration and general disquiet. Just eight years ago we were on the brink of a total world financial meltdown - people have either forgotten or didn't grasp the seriousness of the situation. To avert the crisis we have had years of tightening belts and reducing spending. People are weary of it and they have become anti-establishment. You could see it with the Brexit vote and with the peculiar rise of Trump in the U.S. I am guessing if Cameron had told us to Brexit the majority would have voted Remain. We can only hope the voters in the U.S. see Trump for what he is, put their more general complaint aside and vote for the only qualified candidate for the job.

    “Ordinary people don't, and can't be expected to, fully understand all the issues that they need to consider when voting.” You are so right. I was involved in a discussion about this last time I was in D.C. and there is a strong argument for questioning the right of everyone to vote on specific issues. Somewhere along the line people have become confused about what democracy is and how much they are involved in governing the country. All democracy gives them is the right to vote for the person they want to run the country and make informed decisions for them; they may not even get that.

    History will look on both Obama and Cameron kindly when people realise how they saved the economies from complete and utter destruction.

    Oct 17th, 2016 - 08:43 am - Link - Report abuse +2
  • Briton

    DemonTree
    I have always stated , and will always state, that it will be hard, bumps in the road,

    but we will get their in the end,

    I don't expect you or anyone to always agree with what I say or my comment,

    the British people voted leave, end off,

    and these MPs in parliament should respect that vote,

    all brits should respect that vote,
    you don't have to agree with it, 16 million did not,
    but we all have to respect the vote and will of the people,

    all you remoaners should at the very least respect that.

    Oct 17th, 2016 - 06:57 pm - Link - Report abuse -1
  • ElaineB

    Briton We are well aware of the result of the vote. It is being respected. We have every right to express our opinion. If you don't like it don't read the comments because I will post whatever I choose.

    Oct 17th, 2016 - 07:40 pm - Link - Report abuse +2
  • Briton

    ElaineB
    why do you have to be so silly and post such a silly reply,

    where have I ever mentioned that you have to accept or agree with me,
    don't you read the dam post,

    you can post what ever you like, and so will we all, its just a comment,
    yes you have a right to an opinion, have I ever said you don't, have I,
    now lets not go down this silly road of arguing,

    you probably like demon tree misunderstood,
    you cannot argue over the technicalities of the EU , rules and regulations, even the best brains in the world have trouble interpreting the rules,

    so try to understand what I mean ,
    im not saying we don't want the single market,
    im not saying we don't want freedom of movement,

    I said Britain does not want freedom of movement as a pre condition of access to the single market,
    we will have access to the single market in one way or another, be it the Swiss or Norway mode or as demon tree said, the Canada mode, we have always traded and will continue to trade,

    as for freedom of movement, Britain and the European peoples have moved to and fro for hundreds of years, and this will not change,
    other countries around the world use the single market without freedom of movement,
    and we can do the same,

    you have stated that the result is being respected, [ by most] but not some politicians]

    [][ We have every right to express our opinion. If you don't like it don't read the comments because I will post whatever I choose,
    No one is saying you Cant express your opinion,
    you have again misinterpreted what I have said,

    and you your self have stated in other posts, that
    if anyone don't like what you or others post [ including me]
    they don't have to read them,
    and as stated you can post whatever you like,
    just don't misinterpret what a say, then get stroppy over a comment,

    now perhaps that this has been settled and we both have an opinion,
    we both want Britain to have access to the EU market,
    their is nothing left to argue abt is there.,

    mmmmmmmmmmmmm

    Oct 17th, 2016 - 08:04 pm - Link - Report abuse +1
  • ElaineB

    Briton you seem to think that just because people debate the consequence of Brexit that they don't respect the decision. You are wrong. Just because the vote is over doesn't mean the subject is over.

    Note that my post made a point without being personal and you post is full of personal insults.

    Oct 17th, 2016 - 08:20 pm - Link - Report abuse 0
  • Think

    Briton, you sweet turnip surprise...

    Be warned!

    Next..., our resident Engrish spinster will call you a misogynist..., say that you are obsessed with her..., accuse you of stalking..., tell you to go and play with your own poo...and God knows how many other niceties...

    Ghuckle chuckle...

    Oct 17th, 2016 - 08:59 pm - Link - Report abuse -4
  • DemonTree

    @ ElaineB
    I wouldn't describe the pre-Brexit economy as halcyon. It's quite possible that many people thought they did not have much to lose. Sadly they may now find out that they were wrong.

    I think it was obvious back in 2008 how serious the crisis was, but what was not obvious was how long it would last. As an emergency measure, interest rates were lowered to near zero, but here we are 8 years later and they have never gone back up to 'normal'. People were prepared for a serious crisis, but not for the lack of recovery. It's not so surprising that they are unhappy with governments that carry on following the same policies that don't seem to be working, but voting out of frustration is a dangerous response.

    As for everyone voting on specific issues, what's that famous saying? “Democracy is two wolves and a lamb voting on what to have for lunch.” There's a reason we don't decide everything with a referendum, and it's not just because people are ill informed.

    The ancient Greeks tried direct democracy and it was an epic disaster. The system we have where we elect people to make the decisions for us is a lot better, even if it's not perfect. I think there is a place for referendums when there are big and important decisions to be made, but it really requires sensible and truthful campaigning and a population who are willing to make the effort to inform themselves.

    Sadly neither was much in evidence during the Brexit campaign.

    @ Briton
    You are wrong about the single market. Not one country in the world is part of it without allowing freedom of movement.

    Nor will Britain be after Brexit.

    The single market functions in some ways like a single country (but only in some ways). Anyone can trade with it, but that is not at all the same thing as being part of it.

    And me and Elaine do respect the vote. So do the MPs that you distrust so much.

    Why don't you respect us enough not to call us names?

    @ Think
    Please don't.

    Oct 17th, 2016 - 09:13 pm - Link - Report abuse +1
  • ElaineB

    @ Demon Tree

    “The ancient Greeks tried direct democracy and it was an epic disaster. The system we have where we elect people to make the decisions for us is a lot better, even if it's not perfect. I think there is a place for referendums when there are big and important decisions to be made, but it really requires sensible and truthful campaigning and a population who are willing to make the effort to inform themselves.

    Sadly neither was much in evidence during the Brexit campaign.”

    Completely agree.

    Oct 18th, 2016 - 08:38 am - Link - Report abuse 0
  • ChrisR

    @ Briton

    Don't worry about the two Remoaners having a go at you just because you have passion about the UK. The very country EB claims to love.

    What the pair of them would love to do is to remain in the EU, even though it is clearly falling apart.

    People with that lack of judgement are not worth worrying over and as for EB 'moaning' about you 'calling her names' that is just risible and typically hypocritical of that female.

    Cue her calling me names now. :o)

    Oct 18th, 2016 - 10:44 am - Link - Report abuse -2
  • ElaineB

    ChrisR raises an important point in his post - though he probably doesn't realise it.

    The divisive politics around the referendum was played out in nationalistic terms worthy of the Kirchners or other banana republics. His comment is along the lines of 'if you don't support isolationism (leave) then you don't love you country (nationalism).

    I love my country. It is why I choose to live here.

    Oct 18th, 2016 - 12:09 pm - Link - Report abuse 0
  • Briton

    thank you ChrisR and Think,
    both demon tree and ElainB sadley are in denial,
    both think they know,
    one politely suggests they read the following links,

    Brexit and the EU Single Market
    http://www.lawyersforbritain.org/eu-deal-single-market.shtml

    Britain's EU immigration debate: Norway and Switzerland are not the answer
    http://www.lawyersforbritain.org/eu-deal-single-market.shtml

    Brexit briefing: free movement and the single market
    http://www.lawyersforbritain.org/eu-deal-single-market.shtml

    How the EU works: leaving the EU
    http://www.lawyersforbritain.org/eu-deal-single-market.shtml

    How the EU works: what is the single market?
    http://www.lawyersforbritain.org/eu-deal-single-market.shtml

    today Mr nick clegg , ed miliband , Keir starmer , Nicola sturgeon and others utterly refuse to accept the result and joining together to actively stop it and have it reversed,

    The Euro os a house of cards doomed to collapse,
    who says so, Profeddor Otmar Issing , thats who, he invented the thing.

    I am not always right, but rarely wrong.

    So they can both stay remoaners then,

    Again thanks to
    Think And ChrisR , the sensible ones.
    thank you.

    Oct 18th, 2016 - 01:53 pm - Link - Report abuse -2
  • ElaineB

    Briton, I don't click links posted on here.

    I don't need links to make an argument, I use my own words, try doing the same. Posting links is pure laziness.

    Why do you think people should not be allowed to think differently to you?

    What do you think I am in denial about?

    Still name-calling , I see.

    Oct 18th, 2016 - 02:19 pm - Link - Report abuse 0
  • Think

    Briton, you sweet turnip surprise...

    Just to avoid any misunderstandings between us...

    I was just being kind and warning you about the usual Modus Operandi of that Engrish spinster...

    About Brexit though..., I Think that Elaine &Demon are quite right and you are quite wrong..., boy.

    Oct 18th, 2016 - 02:39 pm - Link - Report abuse -2
  • Briton

    Ha Ha,

    And the world moves on.

    Oct 18th, 2016 - 06:52 pm - Link - Report abuse 0
  • Think

    Briton, me dear sweet Turnip...
    Your Weltanschauung always reminds me of David...
    Him from Aidensfield...
    :-)

    Oct 18th, 2016 - 07:01 pm - Link - Report abuse -3
  • Briton

    Briton, me dear sweet Turnip,
    not so sweet my thinky friend,
    the wife thinks otherwise,

    Still,
    We turnips aint that bad.

    Oct 18th, 2016 - 07:06 pm - Link - Report abuse +1
  • ChrisR

    @ Briton

    Don't you just love the two of them? They could be a match made in hell (if hell existed).

    EB giving me a backhanded compliment and The Lunatic of Chew Butt doing the usual: you can always rely on him.

    As for Remoaners having the right to interfere in the Brexit procedure it can be summarized like this: the referendum was easily comparable in importance to a general election with two parties in contention and Brexit 'won' by a clear margin.

    Nobody in their right mind would condone the winning party having the losing party taking half of the 'winnings' we have already experienced that and it killed the Liberal Dems (thankfully) and made a pigs ear of the 'system'.

    Extreme Brexit is the only way: no negotiations with the EU and no immigrants except those who the UK need..

    Oct 18th, 2016 - 07:18 pm - Link - Report abuse 0
  • DemonTree

    Wow, Briton called Think sensible. I think this thread has officially jumped the shark!

    @ ChrisR
    I'm sure you are correct. That is why, after each election, only MPs from the winning party are allowed to sit in the House of Commons. We wouldn't want the government being questioned by those losers from the other parties, after all! What could they possibly have to contribute?

    And I'm sure we can all agree that winning a referendum by 1.9% of the vote means the government must take the most extreme possible path. With the people united behind them like that, how can it possibly go wrong?

    @ ElaineB
    I don't think it's quite reached the point of Remain supporters being called unpatriotic yet. But maybe by this time next year they'll be calling us Sepoys and accusing us of working for the EU, lol.

    Oct 18th, 2016 - 07:47 pm - Link - Report abuse +1
  • ElaineB

    @ Demon Tree

    Haha.

    With the possibility of a second referendum for Scottish Independence within the next two years being talked about, nothing is entirely set in stone. If the pound stays weak, inflation increases, jobs go, etc. people who voted to leave might welcome a soft Brexit. Coming out of a long recession people have little appetite for tough times and there is no doubt the next decade is going to be tough. Let's hope the ex-pats bought forward ten years worth of money if they want to maintain their standard of living. Down 20% in real terms and falling.

    You know, some of the 'extreme' supporters on here would be so much happier living in a dictatorship; as long as they were the dictator.

    Oct 18th, 2016 - 08:16 pm - Link - Report abuse -1
  • DemonTree

    @ ElaineB
    I don't know. I am sure that we will leave the EU, even though it's against the wishes of a majority of MPs. But beyond that it's harder to say.

    Predicting the economy is tricky, and anything that happens in the next two years can be blamed on temporary issues caused by leaving. Worse, the pro-leave papers seem to be gearing up to blame any problems on remain advocates for creating obstacles, destroying confidence etc.

    I don't feel very optimistic. Free movement is a difficult sticking point even if people were inclined to support a more flexible approach.

    I do find it pretty depressing that the leave voters were prepared to risk the very existence of their country though, not to mention the chance of restarting terrorism in Northern Ireland.

    And I guess most of us could be tempted by that dictatorship offer, though I think whoever tried it would quickly discover that running a country is not as easy as it looks.

    Oct 18th, 2016 - 09:36 pm - Link - Report abuse 0
  • Think

    Geeeeeeeee....

    Pull yourself together, lad...

    Those you mention aren't but luxury problems!

    In Argentina we get up in the morning at ten o'clock at night, half an hour before we go to bed, drink a gourd of cold Mate without sugar, water nor Mate, work twenty-nine hours a day on the GM soy killing fields and pay landowner for permission to come to work, and when we go home, our miltary kills us, and dances about on our graves singing “Hallelujah.”...

    Oct 18th, 2016 - 09:58 pm - Link - Report abuse +1
  • ElaineB

    @ Demon Tree

    The problem is uncertainty and it is the cancer of an economy. The next two to three years we are at the mercy of people making money out of the uncertainty in the financial markets. After that is could settle but I predict it will take ten years before we get back to where we were before the result of the referendum.

    Whilst I have no doubt we can negotiate good new deals over time, the idea that we can get what we want without giving anything is beyond stupid. Is seems it is not only some Argentines who believe we still have an empire.

    People have short memories and seem to forget that since being part of the EU we have been more prosperous and safer. The shame is our governments have used the EU as a whipping boy for years, blaming everything on them and creating an enemy in the minds of the voters. That became a convenient place to lay blame for discontent and the fall in people's standard of living. It was in fact because of the global financial meltdown but it is much easier to blame some immigrant workers and a faceless 'foreign' institution the average Joe doesn't understand.

    We will leave but I suspect when people realise the consequences, a soft Brexit will become more popular amongst the majority.

    Oct 18th, 2016 - 10:11 pm - Link - Report abuse 0
  • Kanye

    The referendum was clear - Brexit.

    The government and the PM are obligated to show commitment and the confidence to follow that path. It is also their responsibility to do so using strategies and negotiations in the best interest of the UK.
    It would do the country a disservice to broadly reject ideas and negotiated compromises, without exploring their possible merits first.

    How stupid is that?

    Oct 18th, 2016 - 10:24 pm - Link - Report abuse 0
  • Voice

    You are watching too many Monty Python clips Mr. Think...;-)

    Oct 19th, 2016 - 12:39 am - Link - Report abuse 0
  • ChrisR

    @ DemonTree
    “winning a referendum by 1.9% of the vote”

    This from The Telegraph on the final result:
    Remain = 48.1% Leave = 51.9% Voter turnout = 72.2%

    Read it for yourself:
    http://www.telegraph.co.uk/news/2016/06/23/leave-or-remain-eu-referendum-results-and-live-maps/

    Your claim is therefore wrong and very disappointing that you either:
    1) Cannot do simple arithmetic or;
    2) Did not bother to check your source or;
    3) You just used the remain vote from the median which is not how it is done, or;
    4) You were using EB's tactics, then shame on you.

    Just to make sure what the result really was I have done the arithmetic for you: 3.8%, DOUBLE what you claim.

    The beauty of a simple vote is that the losers, in order to win have to get 1 vote more than the winners, 1.9%+1 would not have done it (unless the turnout was 100%, which it wasn't).

    You lost convincingly, get over it.

    Oct 19th, 2016 - 11:05 am - Link - Report abuse -3
  • DemonTree

    @ Think
    Working outdoors in a GM soy field? Luxury!

    In post-Brexit Britain we'll have to get up for work before we are even born, have nothing to drink but the bitter tears of Remain voters, go to work at the Chinese nuclear power plant where we'll feed the fuel rods in with our bare hands because health and safety laws have been banned, and when we get home our military will first kill us, then resurrect us and force us to go and fight in Iraq.


    @ ChrisR
    LOL, was that small detail the only thing you could find to disagree with in my post?

    I was thinking of the number of people who would have needed to switch their vote in order to change the result, but perhaps you are right and 3.8% is a better measure. Either way, it's not exactly a thumping majority is it? In fact, taking the level of turnout into account, only 37.5% of the electorate actually voted for Brexit.

    Of course people who don't vote don't get a say, which is why we will be leaving the EU in 2.5 years' time, but it does show how disunited the people are about this.

    Anyway, I was thinking about your idea that the losers in an election should get no say. Why do we bother electing a parliament at all? We could just elect a President and have him make all the decisions! Much simpler and since he won the election he must be right about everything. I'm sure nothing could possibly go wrong.

    Oct 19th, 2016 - 12:01 pm - Link - Report abuse +1
  • ElaineB

    I was wondering when our elections meant that a large section of society had no say in anything, were not allowed to express an opinion and the elected official could ignore them and their needs. What nonsense. I know I don't live in a country like that. The Prime Minister is responsible for all citizens whether they voted for them or not.

    In respect of the referendum it was such a narrow margin it could hardly be called a landslide.

    We will hear a lot of comments designed to keep the extremists at bay but none of those people will be in the negotiations. The deals will be the best we can get with the best negotiators we can use. We certainly don't hold all the aces.

    Oct 19th, 2016 - 12:27 pm - Link - Report abuse +1
  • Think

    Mr. DemonTree...
    Yeahhh... , precisely...!
    But you try and tell them Brexiters that... and they won't believe ya'.
    Nope, nope..
    ;-)

    Oct 19th, 2016 - 03:28 pm - Link - Report abuse 0
  • DemonTree

    @ ElaineB
    “the idea that we can get what we want without giving anything is beyond stupid.”

    I agree. I find it baffling that people think we'll be a good position to negotiate anything while the economy is suffering from the shock of Brexit, and I'm also not convinced that the same people who object to European integration will welcome the UK making a trade deal with say China.

    On our own we should be able to make trade deals faster, but whether we can get good terms is a different question.

    “People have short memories and seem to forget that since being part of the EU we have been more prosperous and safer.”

    I don't remember before we joined the EEC :) But since most of the out voters seem to be older and presumably do remember, is this really true?

    I agree about the government finding the EU handy to blame for unpopular laws and policies though, never mind that often they were the ones supporting that policy in the first place. But the press should probably take some of the blame for all the 'Brussels Bans Bent Bananas' type stories they loved to print, half of them completely made up.

    “I know I don't live in a country like that. The Prime Minister is responsible for all citizens whether they voted for them or not.”

    Yes, thankfully the world where government is like a poker game is not the one we live in. If the referendum had gone the other way and Remain had won by 3.8% (happy, ChrisR?), then I would say the government should listen to the Leave voters and deal with their concerns as best it could while following the will of the majority.

    Since the majority did vote to leave, the government should try to get a deal that suits as many people as possible, not just the extremists who shout loudest.

    @ Think
    LOL. And I think those two comments are the first you've posted since the site update that have actually got a positive score. :)

    Oct 19th, 2016 - 05:15 pm - Link - Report abuse +1
  • ElaineB

    @ Demon Tree

    “I don't remember before we joined the EEC” Well, neither do I. :) Just looking at recent history.

    “'Brussels Bans Bent Bananas' ” And the origin of that myth……. Boris Johnson. He does love a joke.

    Oct 19th, 2016 - 05:26 pm - Link - Report abuse -1
  • Briton

    ChrisR
    I agree with you,

    Kanye
    The referendum was clear - Brexit.

    Agree with you to,

    DemonTree
    Wow, Briton called Think sensible. I think this thread has officially jumped the shark!

    in the context he was,
    but I never forget that his sympathies lay with Argentina against the Falkland's,


    Think
    Briton, me dear sweet Turnip...
    Your Weltanschauung always reminds me of David...
    Him from Aidensfield...


    With respect, you remind me of a Fisherman,
    you like to bait the fishes and see who bites,

    Oct 19th, 2016 - 06:47 pm - Link - Report abuse 0
  • Think

    Mr. Demontree
    Geeeeeeeeeeeeee...
    You are competely right..!
    Positive votes... Urgggghhhhh...
    Well..., that teaches me a couple of things...:
    1) Not even Turnips would vote against them Pythons...
    2) To avoid any more positivism, I better return to me usual Viking Spam ...
    https://m.youtube.com/watch?v=anwy2MPT5RE

    Oct 19th, 2016 - 08:38 pm - Link - Report abuse +1
  • ChrisR

    @ Demon Tree
    “was that small detail the only thing you could find to disagree with in my post? I was thinking of the number of people who would have needed to switch their vote in order to change the result”

    That would be 1,269,501+1. But that would result in recounts and squabbles, OH! Isn't that just what the Remoaners want? Best of three and now all the other nonsense.

    Total electorate eligible to vote: 46,500,001, so there were plenty of non-voters who didn't bother. Don't see anybody slagging them off the lazy sods.

    http://www.electoralcommission.org.uk/find-information-by-subject/elections-and-referendums/upcoming-elections-and-referendums/eu-referendum/electorate-and-count-information

    Oct 20th, 2016 - 11:31 am - Link - Report abuse -1
  • DemonTree

    @ ChrisR
    I don't think we should hold another referendum and we can't change the terms retroactively.

    What I want is for the government to negotiate a sensible deal and the people to be realistic about what Brexit will mean. I also want the government to listen to everyone, not just the loudest and most xenophobic elements. Not everyone who voted to leave did so because of immigration.

    And I have seen people slagging off the non-voters, especially the younger age groups who apparently had a much lower turnout. But the people I know of who didn't vote either couldn't decide what the best option was, or felt that they didn't understand the issue enough to vote on it, which isn't unreasonable.

    @ ElaineB
    I wish Boris Johnson had stuck to comedy. With him as Foreign Secretary I'm afraid we will be the joke. :(

    @ Think
    You can't fool us. We all know now that you're secretly a Yorkshireman. ;)

    Oct 20th, 2016 - 11:55 am - Link - Report abuse -1
  • ElaineB

    @ Demon Tree

    For the record I don't think we should hold a second referendum either. The idea that we should emulate Trump and only accept the result if it is the one we wanted is anathema to a democracy.

    That doesn't mean the people who didn't want to leave shouldn't be included in discussions on how we exit and get the best deal for the future. We still live here and love our country. After every vote the people should regroup and work together for the good of everyone.

    Re: Bojo. His appointment had a lot more to do with the reduced status of the Foreign Office.

    Oct 20th, 2016 - 12:28 pm - Link - Report abuse -2
  • Kanye

    Divine Ms. B

    Why do you feel the status of the Foreign Office is reduced?

    Surely, it is more important than ever now?

    Oct 20th, 2016 - 01:03 pm - Link - Report abuse 0
  • ChrisR

    @ Demon Tree

    I agree about what you say as far as those who cannot make their mind up but there were plenty of mouthy early twenty somethings in the city backing Remain who partied the night before the vote and then were too hung-over to get up and do the deed!

    That's the sort of support nobody would want.

    We clearly see things very differently regarding the EU. The 'experiment' has failed (the Euro) and financial Armageddon is coming to many countries soon including Germany by the looks of it.

    Why do you want to even think about staying with this bunch of losers? What, in reality, will the UK get out of it if a 'soft' Brexit is wangled onto those of us who voted Leave?

    As for Sterling, invoke Article 50 now, sack the Canuck, increase interest rates, fire Hammond, and start agreeing trade deals with serious countries such as Canada and Australia and watch it zoom.

    Businesses that cannot export at the moment with the Pound as low as it is do not have a viable business for the new world order and they will either change and succeed or go under. Do you remember the 'Buy British' campaign?

    I bought a new foreign made car after having a new mini that broke down in the Birmingham 'Queensway' on the way home from collecting it from the dealers. I wrote a letter to Sir Michael Edwards who was struggling to bring the mess into the 20th century explaining what had happened and listing all the other faults the car had, some of which the dealer had caused (they bent to floor panels using the lift pads incorrectly causing the floor mats to disappear under entrapped water) and wanted me to sign that BL had made the car that way, which I refused to do. The reply was signed under a few personal words from Sir Peter himself and he clearly intended to stand by his promise to make it work or close it down.

    If we give way to the EU the UK will go the way of BL.

    Oct 20th, 2016 - 01:05 pm - Link - Report abuse +1
  • Briton

    ChrisR
    I agree with you,
    some of these MPs who refuse to publicly accept the result should do the decent thing and resign,

    Now Obama stated that after the result we should all come together, who ever wins , for the benefit of the country and its future,

    Although he wanted us to remain, his point makes sense,

    Apparently he has repeated this for the American result seeing that their are rumours abt trump not willing to do so if he loses.

    Oct 20th, 2016 - 07:26 pm - Link - Report abuse 0
  • DemonTree

    @ ChrisR
    I don't think even 20 somethings usually party all night on a Wednesday, where did you hear that?

    I don't share your pessimism about the EU. I never thought the Euro was a good idea and I'm glad Britain didn't join, but I'm pretty sure they will make it work somehow (probably involving closer financial union). Besides, if the Euro did collapse we would have been left looking like the sensible ones, and in a good position to suggest a looser, less political union for the future.

    It should be obvious that the majority of investors share my opinion of the effect of Brexit on the UK economy; when it comes to pounds it's sell, sell, sell. The falling pound is just a symptom and in some ways is beneficial. It would be pretty foolish to try to prop it up by raising interest rates when this could have the much worse consequence of sending us into another recession.

    As for trade deals with Canada and Australia, 1.7% of UK exports currently go to Canada and 1.2% to Australia vs 44% going to EU countries. So not only will any deals take several years to arrange, but they won't have much effect even when they are signed. And if you really want to start tomorrow, there is the tiny problem that we don't have anyone with experience more recent than the 70's available to negotiate.

    This is why I think we should stay in the single market temporarily, to avoid the huge shock to the economy that leaving it now will create. If we stayed in it for say 5 or 7 years, we could work on getting new trade agreements set up and adjusting the economy away from reliance on Europe.

    BL is British Leyland? I had to look it up on Wikipedia. By the time I was old enough to remember anything, there weren't really any British cars to buy.

    @ ElaineB
    What do you mean about the reduced status of the foreign office?

    Oct 20th, 2016 - 08:16 pm - Link - Report abuse 0
  • ElaineB

    @ Demon Tree

    The Foreign Office has been subject to massive cuts over the past years and the less money, the lower the status of the Ministry. In part it is due to the changing nature of communications and less of a need for a large presence in some countries. In many postings the Ambassadors have little staff or budget and as more of a token gesture. You should listen to them complain about it.

    Oct 20th, 2016 - 09:05 pm - Link - Report abuse 0
  • ChrisR

    DemonTree
    “I don't think even 20 somethings usually party all night on a Wednesday, where did you hear that?”

    It was reported in The Telegraph by the mother of the young man who works in the city as a trader and he and the rest of his office went out to celebrate being able to vote but was too hungover to go to work or even vote.

    These are the headless chickens that play on the GBP and try to capitalize on the margin shifts.

    I would imagine real 'investors' already have made their mind up what to do.

    I have tried searching the DT for the item but they have changed things so much lately it's a waste of time.

    I thought you were a 'youngster'. :o)

    Oct 21st, 2016 - 02:29 pm - Link - Report abuse +1
  • Think

    Mr. DemonTree...
    Young Lad...
    You will NEVER be able to call yourself a true Brit before you have sat behind the square wheel of an AA made by BL... ;-)

    Oct 21st, 2016 - 06:07 pm - Link - Report abuse -1
  • DemonTree

    @ ElaineB
    I didn't know that, although I do remember hearing of a plan for Britain and Canada to share embassies, which I assume was to cut costs. It still seems like the worst possible job to give Boris given his track record though.

    @ ChrisR
    So it was one group of idiots then; hardly a general trend.

    Besides that's pathetic. Voting's not hard, they should have gone and done it even hungover.

    What about the EU anyway? Do you at least understand why I want us to stay in the single market, even though you don't agree?

    And I'm old enough not to do that kind of thing, anyway.

    @ Think
    It did literally have a square steering wheel?! ROFL

    Oct 21st, 2016 - 08:05 pm - Link - Report abuse 0
  • Think

    Only in Britain...
    :-)))

    Oct 21st, 2016 - 08:13 pm - Link - Report abuse -1
  • DemonTree

    Apparently not:

    https://s-media-cache-ak0.pinimg.com/564x/24/11/3e/24113ef15ff7fe2dd24fe3820627f709.jpg


    Who knew?

    Oct 21st, 2016 - 09:25 pm - Link - Report abuse +1

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