Europe, Referendum & Brexit (formerly Europe..IN or OUT??)

Well far from a stupid overreaction they are reacting in line with what was forecast and not just here but around the world.

It's just been reported in Parliament that Funding Circle have today lost a £100m investment due to BREXIT. That means less money for them to lend.

(28-06-2016 06:19 )HannahsPet Wrote:  gibraltar has more need than most to stay a memeber of the EU than any other region than in the UK especially with the spanish still claiming its theres

Well, it is stuck to Spain, if they are so desperate to stay within the EU then there's your answer, allie with spain.

Sure all the spanish can be issued with work permits to keep their jobs in Gabralta.

My great Uncle is buried on there who fought in Galipoli

(28-06-2016 12:35 )SecretAgent Wrote:  Well far from a stupid overreaction they are reacting in line with what was forecast and not just here but around the world.

It's just been reported in Parliament that Funding Circle have today lost a £100m investment due to BREXIT. That means less money for them to lend.

We are still in the EU, it's your usual over reaction from the markets, even the finantial people are saying this (the ones in America). The over reaction came about becasue nobody expected this result and they were working on the assumption it was a remain; bit like when you're completely convinved that somebody fancy you and it turns out they don't, the shock is more intense.

This country as a GDP of over 3 trillion, 100 million is alot, but nothing that can't be recovered from.

This is what I don't understand, of course there was going to be a reaction on the markets, everybody was told this before the vote, i have no idea why people don't like the dust settle instead of running around like headless chickens.

The main problem with the markets is there's no decisive action from the UK. If the PM had stayed, got the ball rolling and negotiations started, then probably they would have been a lot calmer.

Thing is theres a huge Naval base there and gibralterians work in spain and the Gibralterians just voted to stay. If we let gibraltar go might as well give the falklands to the argentinans as well

(28-06-2016 12:35 )SecretAgent Wrote:  Well far from a stupid overreaction they are reacting in line with what was forecast and not just here but around the world.

It's just been reported in Parliament that Funding Circle have today lost a £100m investment due to BREXIT. That means less money for them to lend.

Funding circle is a Peer to peer lender i know because i have signed up to lend money it helps get lots of small business's working where other banks wont lend

(28-06-2016 12:27 )wackawoo Wrote:  This is what fuels the stupid hysteria that's going on, the remain camp are seeing a good oppurtunaty to play on this hysteria to over turn a domegraphic vote which they lost and basically just can't accept it.

They do leave a link to The Mail on Sunday who also claim that just under 700,000 remain voters regret their votes too.

(28-06-2016 12:27 )wackawoo Wrote:  The referendum was only last thursday they would have to seek out and question those who voted to leave, to question a million in a poll is fucking huge by any standards, to find a million (which by hap is the amount of extra people that leave won by) is remarkable.

No, it was calculated using percentages over a smaller survey.

(28-06-2016 12:27 )wackawoo Wrote:  What's happening a few people have been interviewed and have regreted the decision having seen the stupid over reaction by the markets and this is being jumped on to try and reverse the leave vote.

That reads with a disgruntled undertone by the way.
Further making you look like an undercover leave voter.

(26-06-2016 23:16 )munch1917 Wrote:  ^ The mandate for invoking article 50 has already been given, who actually does it is not relevant.

As the referendum was "advisory" and not "mandatory" on the government to take the UK out of the EU, I assume that it actually needs to be decided (and voted on?) by Parliament.

I do stand to be corrected though.

(28-06-2016 12:45 )wackawoo Wrote:  

(28-06-2016 12:35 )SecretAgent Wrote:  It's just been reported in Parliament that Funding Circle have today lost a £100m investment due to BREXIT. That means less money for them to lend.

This country as a GDP of over 3 trillion, 100 million is alot, but nothing that can't be recovered from.

You can't compare the GDP of the country to the funding of an individual organisation.

It's like telling someone who's just lost their job "What are you worried about? The country, as a whole, is fine"

Love the term for what it is today in the markets a dead cat bounce day

(28-06-2016 09:49 )elgar1uk Wrote:  The only way I can explain the Boris U-turn is that he didn't ever think that Leave would win. Now that it has won he's stuck with a gigantic mess and feels the only way out is to back down on all his promises.

Indeed, but it might also illustrate the central myth at the heart of the Leave campaign, that the UK could have the benefits of the EU, without the responsibilities!