Taking the Brexit

Doctor Glyndwr · **Joined:** 30th Mar, 2008 **Posts:** 32619

More from the FT regarding still-early-not-conclusive signs that the economy is slowing: https://www.ft.com/content/45429758-1ce ... 63417131bb

Quote:

The pound dipped below $1.22 against the dollar this morning, slipping after softer than expected readings on UK house prices and retail sales last month and ahead of another House of Lords debate on the triggering of Article 50 today.

Sterling is down 0.25 per cent against the dollar this morning at $1.2199 – the lowest since January 17. The exchange rate has declined for seven of the last eight trading days as latest survey data from the UK economy suggests activity has slowed at the start of the year.
...
Sterling is also softening ahead of Philip Hammond’s first budget due tomorrow, which comes amid a backdrop of a slowing UK economy. Survey data from the private sector and on consumer spending has moderated in 2017, as higher inflation begins to pinch households and raise business import costs.

Earlier today, retail sales figures from the British Retail Consortium were lower than expected in February, with non-food retail sales dipping for the first time since 2011. Meanwhile, the price of goods sold in the country’s supermarkets has grown at the fastest pace in over two years, according to Kantar.

MaliA · **Posted:** Tue Mar 07, 2017 12:05

Supermarket sales seem to be lower than expected across the board, so I am told.

Doctor Glyndwr · **Joined:** 30th Mar, 2008 **Posts:** 32619

MaliA wrote:

Supermarket sales seem to be lower than expected across the board, so I am told.

You know the problem? Filthy poor people using food banks instead of contributing to our marvelous, booming economy. We should ban them.

MaliA · **Posted:** Tue Mar 07, 2017 12:16

Doctor Glyndwr wrote:

MaliA wrote:

Supermarket sales seem to be lower than expected across the board, so I am told.

You know the problem? Filthy poor people using food banks instead of contributing to our marvelous, booming economy. We should ban them.

I am adding that to my list of forecastimg excuses

MaliA · **Posted:** Tue Mar 07, 2017 12:21

Doctor Glyndwr wrote:

MaliA wrote:

Supermarket sales seem to be lower than expected across the board, so I am told.

You know the problem? Filthy poor people using food banks instead of contributing to our marvelous, booming economy. We should ban them.

If that were the case, I suspect Tesco, ASDA and Morrisons might suffer more than JS, M&S and Waitrose.

MaliA · **Posted:** Tue Mar 07, 2017 12:43

Doctor Glyndwr wrote:

MaliA wrote:

Supermarket sales seem to be lower than expected across the board, so I am told.

You know the problem? Filthy poor people using food banks instead of contributing to our marvelous, booming economy. We should ban them.

Hmm, i just received new info contradictiny my view. Past quarter, year on year, all in growth, except one.

devilman · **Posted:** Tue Mar 07, 2017 12:46

Doctor Glyndwr wrote:

MaliA wrote:

Supermarket sales seem to be lower than expected across the board, so I am told.

You know the problem? Filthy poor people using food banks instead of contributing to our marvelous, booming economy. We should ban them.

Poor people or food banks?

Squirt · **Joined:** 31st Mar, 2008 **Posts:** 6510

We should tax the use of food banks and give the proceeds to supermarkets, to make up for their lost business.

Doctor Glyndwr · **Joined:** 30th Mar, 2008 **Posts:** 32619

devilman wrote:

Doctor Glyndwr wrote:

MaliA wrote:

Supermarket sales seem to be lower than expected across the board, so I am told.

You know the problem? Filthy poor people using food banks instead of contributing to our marvelous, booming economy. We should ban them.

Poor people or food banks?

Deliberately left ambiguous. I'm being a big-picture conservative. Implementation details can be left to others.

Cavey · **Posted:** Tue Mar 07, 2017 13:14

Lonewolves wrote:

But the FTSE 250 doing as well as it was 3 years ago means we're all rich now surely?

Doctor Glyndwr wrote:

devilman wrote:

Doctor Glyndwr wrote:

MaliA wrote:

Supermarket sales seem to be lower than expected across the board, so I am told.

You know the problem? Filthy poor people using food banks instead of contributing to our marvelous, booming economy. We should ban them.

Poor people or food banks?

Deliberately left ambiguous. I'm being a big-picture conservative. Implementation details can be left to others.

This latest unprovoked trolling being directed at me, presumably? Again?

myp · **Posted:** Tue Mar 07, 2017 13:16

Unprovoked

Cavey · **Posted:** Tue Mar 07, 2017 13:24

OK then, how exactly have I provoked you personally, Myp? I'm seriously interested. Examples please.

myp · **Posted:** Tue Mar 07, 2017 13:27

Cavey wrote:

OK then, how exactly have I provoked you personally, Myp? I'm seriously interested. Examples please.

I'm not attacking you personally. Grow a thicker skin!

I'm making fun of your bad opinions and poor data analysis

Doctor Glyndwr · **Joined:** 30th Mar, 2008 **Posts:** 32619

Cavey wrote:

This latest unprovoked trolling being directed at me, presumably? Again?

It ain't all about you, snowflake.

Cavey · **Posted:** Tue Mar 07, 2017 13:35

Lonewolves wrote:

Cavey wrote:

OK then, how exactly have I provoked you personally, Myp? I'm seriously interested. Examples please.

I'm not attacking you personally. Grow a thicker skin!

I'm making fun of your bad opinions and poor data analysis

Right, so actually it *is* unprovoked, because baiting someone deliberately, one-sidedly and obsessively for their "bad opinions" (i.e. you don't agree with them), when they are not even participating is trolling/bullying.

Glad we cleared that up.

Doctor Glyndwr wrote:

Cavey wrote:

This latest unprovoked trolling being directed at me, presumably? Again?

It ain't all about you, snowflake.

OK mods, I think this has gone quite far enough now. I'm never normally one to complain but I should be able to post/enjoy the forum without being obsessively followed around and trolled every day I am here. Enough.

myp · **Posted:** Tue Mar 07, 2017 13:41

Dry your eyes son. Tell someone who gives a fuck.

Cras · **Joined:** 30th Mar, 2008 **Posts:** 49232

Lonewolves wrote:

Dry your eyes son. Tell someone who gives a fuck.

He's not wrong. Argue the facts all you like but this is getting childish as all hell now

myp · **Posted:** Tue Mar 07, 2017 13:48

Cras wrote:

Lonewolves wrote:

Dry your eyes son. Tell someone who gives a fuck.

He's not wrong. Argue the facts all you like but this is getting childish as all hell now

So he can dish it out all he likes but goes crying to the mods as soon as it's given back the same way? Fair enough.

Cras · **Joined:** 30th Mar, 2008 **Posts:** 49232

Cavey makes the occasional comment and you (and Doc) throw them back in his face every single time he posts. It's ruining the politics threads, so put a sock in it, eh?

Mr Russell · **Joined:** 6th Apr, 2008 **Posts:** 12243

Cras wrote:

Cavey makes the occasional comment and you (and Doc) throw them back in his face every single time he posts. It's ruining the politics threads, so put a sock in it, eh?

Put this in blue text please.

Grim... · **Posted:** Tue Mar 07, 2017 13:53

Lonewolves wrote:

So he can dish it out all he likes but goes crying to the mods as soon as it's given back the same way? Fair enough.

Are you serious? You think this started today?

People are bored of this shit, man.

[edit] See?

Doctor Glyndwr · **Joined:** 30th Mar, 2008 **Posts:** 32619

Cras wrote:

Cavey makes the occasional comment and you (and Doc) throw them back in his face every single time he posts. It's ruining the politics threads, so put a sock in it, eh?

I intended my post as a mockery of the inherent contradiction in "compassionate conservatism." If we've reached a point where that's widely regarded as a personal slight, then that's bad. I will henceforth stop anything that can be so misconstrued.

Cras · **Joined:** 30th Mar, 2008 **Posts:** 49232

It's the constant mockery that is becoming tiresome to many. Let's keep it to actual discussion of the points.

myp · **Posted:** Tue Mar 07, 2017 14:06

I have sent Cavey an apology.

myp · **Posted:** Tue Mar 07, 2017 14:08

Mr Russell wrote:

Cras wrote:

Cavey makes the occasional comment and you (and Doc) throw them back in his face every single time he posts. It's ruining the politics threads, so put a sock in it, eh?

Put this in blue text please.

Done.

MaliA · **Posted:** Tue Mar 07, 2017 14:12

MaliA wrote:

Doctor Glyndwr wrote:

MaliA wrote:

Supermarket sales seem to be lower than expected across the board, so I am told.

You know the problem? Filthy poor people using food banks instead of contributing to our marvelous, booming economy. We should ban them.

Hmm, i just received new info contradictiny my view. Past quarter, year on year, all in growth, except one.

Because that is value, not volume. Mr BelmFace.

Cavey · **Posted:** Tue Mar 07, 2017 14:23

Lonewolves wrote:

I have sent Cavey an apology.

Thank you

Squirt · **Joined:** 31st Mar, 2008 **Posts:** 6510

Cavey wrote:

Lonewolves wrote:

I have sent Cavey an apology.

Thank you

Jeez, I think I preferred it when they just fought all the time.

Grim... · **Posted:** Tue Mar 07, 2017 14:27

Cras wrote:

Let's keep it to actual discussion of the points.

/forum dies

DavPaz · **Joined:** 27th Jun, 2008 **Posts:** 38460

BOOO!

*throws popcorn*

Findus Fop · **Joined:** 14th May, 2009 **Posts:** 4299

DavPaz wrote:

BOOO!

*throws popcorn*

YOW careful!

*Hastily zips up flies*

Kern · **Posted:** Sat Mar 11, 2017 20:04

Kern wrote:

In other Brexit news, today I borrowed two books from the library:

- 'Brexit: what the hell happens now?' by Ian Dunt
- 'What next?' by Daniel Hannan

Finished both. Ian Dunt does a good job of highlighting the complex web of agreements, regulatory agencies, and law that will have to be untangled, and how dangerous relying on the WTO rules would be. He also argues, correctly in my view, that the EU and the 27 have a heck of an advantage in any negotiation and that the government to date have not fully appreciated this. I also agree with his view that we will be in a very weak position when negotiating deals with other countries, and that we currently lack the institutional capacity to even do so.

Dan Hannan is far more optimistic but fails, I think, to address the concerns raised by Dunt. I will, however, give him credit for being honest enough to admit that the result was nowhere near conclusive enough for a hard Brexit and that we should take the opportunity to rebalance our constitution towards a more federal UK. I always felt Hannan was stronger on the romantic side of leaving the EU and of discussing its institutional failings rather than the practicalities of extricating ourselves from it.

In short, I'm even more depressed and angry after reading these books than I was before. Woe betide any canvasser coming to my door.

Curiosity · **Posted:** Tue Mar 14, 2017 10:47

I see the pound is reaching new record lows today.

Brexit champions will no doubt be happy that this pushes the FTSE further up, ignoring that it is not a good economic barometer, not least because the companies are more valuable because:
1) Their overseas earnings are now worth more
2) Stock prices rise when anticipating foreign buy-outs

But yes! Let us take back control by selling all our assets!

Grim... · **Posted:** Tue Mar 14, 2017 10:51

I've got a holiday to pay for in Euro in August, it better be fixed by then.

Mr Dave · **Posted:** Tue Mar 14, 2017 10:51

Grim... wrote:

I've got a holiday to pay for in Euro in August, it better be fixed by then.

Ahahahaha

myp · **Posted:** Tue Mar 14, 2017 10:52

Grim... wrote:

I've got a holiday to pay for in Euro in August, it better be fixed by then.

Pay it now!

Or ideally, pay it in June 2016.

MaliA · **Posted:** Tue Mar 14, 2017 10:53

https://www.ft.com/content/6735ffc9-fce ... f89be992ed

Good news, let's go.for $1.05 to £1!

Kern · **Posted:** Tue Mar 14, 2017 10:55

I am increasingly convinced that this will join the poll tax and the Iraq war as one of the three biggest political disasters of the past thirty years. All those Tories who swallowed their doubts and voted for the A50 bill because of the 'will of the people' will in years to come decry ever having supported it. All the signs are there: a government determined to get its way, refusal to engage with critics, and ministers repeatedly asking us to trust them.

On the plus side, it'll make for some fun history books.

Kern · **Posted:** Tue Mar 14, 2017 10:58

MaliA wrote:

https://www.ft.com/content/6735ffc9-fce3-3ad0-9f79-0ff89be992ed

Good news, let's go.for $1.05 to £1!

At this rate , the NHS will be getting an extra £350 million a week, as a simple inflation adjustment.

Cras · **Joined:** 30th Mar, 2008 **Posts:** 49232

Grim... wrote:

I've got a holiday to pay for in Euro in August, it better be fixed by then.

A sterling crash between now and then really not an appealing option

Squirt · **Joined:** 31st Mar, 2008 **Posts:** 6510

On the plus side, I have some share options in dollars vesting in the autumn. A sterling crash then would benefit me quite a bit!

myp · **Posted:** Tue Mar 14, 2017 12:36

Goddamn I shouldn't have cashed in my Honking Plonkers shares two years ago.

MaliA · **Posted:** Tue Mar 14, 2017 12:48

Lonewolves wrote:

Goddamn I shouldn't have cashed in my Honking Plonkers shares two years ago.

The fight against capitalism is not a war without casualties, my friend, sacrifice is noble and to be expected.

Hero of Excellence · **Joined:** 23rd Nov, 2008 **Posts:** 674

Cras wrote:

Grim... wrote:

I've got a holiday to pay for in Euro in August, it better be fixed by then.

A sterling crash between now and then really not an appealing option

Particularly when Leavers will immediately start lecturing us "no hang on, this is good".

Squirt · **Joined:** 31st Mar, 2008 **Posts:** 6510

Article 50 to be initiated on 29th March! All systems go!

The next 24 months are going to be "interesting". The "Great Repeal Bill" will finally free us of burdensome EU Law by copy-and-pasting it directly into UK Law. Huzzah!

Kern · **Posted:** Mon Mar 20, 2017 22:35

Giphy "article 50":
http://media4.giphy.com/media/GA1Ezo3iCy6S4/giphy-loop.mp4

Kern · **Posted:** Mon Mar 20, 2017 22:36

Giphy delivers.

myp · **Posted:** Mon Mar 27, 2017 17:30

Not sure which one of these duplicitous cunts I hate more. http://www.telegraph.co.uk/news/2017/03 ... -campbell/

Hero of Excellence · **Joined:** 23rd Nov, 2008 **Posts:** 674

I can't hate A. Campbell simply because he is vocally anti-Brexit. Honestly.

Anything else in politics at the moment is of distant secondary importance.

markg · **Joined:** 30th Mar, 2008 **Posts:** 16558

He's also pretty toxic by association to Blair. To a lot of people anything he says must be a bad idea. So I'm not sure he's doing a lot for that cause. I can't really think of any group whose mind he would change.

Be Excellent To Each Other

Taking the Brexit

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