Anyone else really worried now?

[MrsBlackthorn]

My work has started quietly drawing up contingency plans for if Brexit happens. Same at DH's work. Could mean lots of jobs moving to Germany and Ireland at both our firms. We're already seeing far fewer people investing or spending money.

I'm bloody terrified. Could lose my job. House could end up in negative equity. And for what?

I don't even think it's "project fear" from the government anymore... News today showed investors are taking money out of the UK faster than anytime since the crash. People with "skin in the game" voting with their money.

I understand that for lots of people the EU referendum isn't about money. however, because of a lot of it leaving, stopping coming in, or just simply being worth less... Well that leaves us screwed for a very long time. Fewer jobs. Less tax money coming in - so less money for the NHS and so on. So even if we 'take back control', of what exactly. what will we be 'in control' of?

I'm really worried about "Leave" happening and me and my family being utterly f*ed in a few months time as a result. Has the country lost its mind?

Anyone else worried about where this leaves us?

Plus why would a travel agent business close because of doing visas

jelliedeels so the point is that a global bank thinks BREXIT is going to cause a lot of problems. companies won't be able to trade easily and immediately after brexit because all the trade relations will shift and will need to be renegotiated. the HSBC Chairman bases this on his knowledge of the market and trade relations as well as his discussions with many mid-market UK clients.

The reasoning on the visas is that travel to EU countries will become more expensive and therefore offputting/ could affect the kind of small businesses that are being mentioned.

Exactly not impossible.

We either stay where we are which seems to be destructive or we have a period where things change and we change with it.

It seems completely unrealistic to expect people to think that the EU is the be all and end all,

There are plenty on countries that are not in it and doing well.

"What's your evidence. I'm sure your mum has to deal with visas now it will just be different countries. "

Where people have to apply for visas, they are much less likely to visit - it adds additional cost, hassle and uncertainty. That's why a) countries spend so much time trying to arrange visa free travel for tourists and b) there is a clear correlation between the introduction of such arrangements and an increase in tourist visits

My mum's seen around a 50% decrease in enquiries this year compared to last. She says it's because people are worried about budgets.

Here's a summary of the impacts of Brexit on the travel industry. These aren't well paid people at all - primary women, most earning well below average wages.

My mum is more worried about this than anyone I know.

www.dailymail.co.uk/travel/travel_news/article-3490062/Brexit-disaster-tourism-warn-leading-travel-industry-firms-Abta-produces-report-ahead-June-referendum.html

mrsB
My mum's seen around a 50% decrease in enquiries this year compared to last. She says it's because people are worried about budgets.
and this is because of a referendum decision that has not yet taken place

50% decrease when nothing has happened think your mums business is failing regardless of eu

hello Kitty and unexp - Why I don't foresee economic agony

I will try to explain.

Because I have been running a business for years and we have had to deal with all sorts of changes to regulations, taxes, fluctuations in the pound etc. You learn that change is often a good thing. We don't worry about abstract economic theories and dodgy dossiers from the IMF. We just get on with dealing with our customers and delivering what we do. That's what everyone running a business and earning GDP will do.

I believe that Brexit will lead to many positive things for British businesses - we will be able to recruit the specialists we need from Japan or Korea for example. We will get more support from the British Govt in dealing with powerful countries like China and the US. The British Govt will be much more active in fighting our corner than Brussels is. The EU has never managed to get our beef back on sale in the US for example.

And we don't have or need trade agreements with every country that will take years to renegotiate. That's a complete myth peddled by Remain.

And I have absolutely no fear that Germany will put up trade barriers. They sell more to us than we sell to them. So they can't.

As for the Southern EU countries, which I love, they are basically stagnant. I hate to say it but the Eurozone has killed them off. They are just the slave workforce for Northern Europe now.

I don't know if I am explaining myself very well. Basically all you need is optimism and flexibility and a good product or service and you will be fine. And with your own national Govt behind you (that really cares about growing British GDP) things will be good.

Sorry. Rather long and boring.

50% decrease when nothing has happened think your mums business is failing regardless of eu

Nonsense - you are basing this on nothing. People are put off decisions about future travel when they don't know whether the status of the UK in the EU will have an impact on their travel plans and costs after the referendum. This is not difficult to understand.

Wasn't it Micheal Geoghan former HSBC chair making the case for Brexit a a little while ago?

I don't think any big corporates would make the case for brexit, that includes banks. There are a lot of reasons for that. They could be sincere, sincerely self-interested, or simply not wanting to be "political." It is sensible for corporate interests to side with the status quo and not to do anything to upset who ever is in power at the moment.

My mum's business is not doing well, no. All sorts of geopolitical things are affecting business - terrorism in Egypt and Turkey means people are chasing a more limited supply in "safe" places like Greece, so prices are up and lots of people are struggling to afford holidays.

But Brexit will almost certainly affect the exchange rate and throwing up new visa barriers will make matters for her - and tens of thousands of people like her - a hell of a lot worse. She's resigned to winding up her business if it happens.

The impacts for people like her will be massive.

And we will have our own British representative at the WTO (that mysterious organisation whose reports Remainers find so convincing). I don't really know what the WTO does, but Remainers are always quoting it, so presumably they will agree that having our own person there standing up for Britain will be amazing.

The flip side of people not travelling abroad is that they'll holiday at home in the UK therefore boosting the tourist industry here.

The EU has never managed to get our beef back on sale in the US for example.

The EU got this unblocked in 2013. Since then it's been up to the UK to satisfy US conditions about meat inspections. I believe it's getting closer but not there yet.

I think you speak sense Milly I nod at your posts across the threads.

It is sensible for corporate interests to side with the status quo and not to do anything to upset who ever is in power at the moment

This doesn't stop big corporates criticising the government on literally any other political issue...

"I believe that Brexit will lead to many positive things for British businesses - we will be able to recruit the specialists we need from Japan or Korea for example."
You already can.
"We will get more support from the British Govt in dealing with powerful countries like China and the US. "
They wont.
"And we don't have or need trade agreements with every country that will take years to renegotiate."
You will need them with some if you trade internationally, or face trade barriers.

The company I work for (a large corporate, with an international presence) are absolutely bricking it. To be clear, for the first year because of expected currency fluctuations our profits will be artificially enlarged. Trebles all round. Reality is that the underlying business will be massively damaged.

It sounds like specifically for your company (I think you are the owner / operator) it wont impact you directly. But it will massively impact lots of other companies - negatively.

"The flip side of people not travelling abroad is that they'll holiday at home in the UK therefore boosting the tourist industry here."

I doubt Leave is going to win many people over with the 'benefit' of not being able to afford to go to France, so holidaying in Llandudno instead.

worry about your children being conscripted into an EU war with Russia
dont forget about Famine, Pestilence, and Death spinflight!

I didn't say leave would push that as an argument. I'm just saying there's a positive side to your view.

"I am a serious and successful business person but I have voted Leave."

Half of that statement isn't true. Guess which.
You cannot take away a huge chunk of the legal framework pursuant to which cross-border business with a number of key trading partners is undertaken without causing damage to that business. Anyone who thinks otherwise is, I'm sorry, an idiot, or very very ignorant.
Maybe it's a price worth paying for political/constitutional reasons. But be heist about the case you're making and the risks you're asking the people of this country to gamble their livelihoods on.

So you think no successful businessman/woman is going to vote leave Karlos?? Really??? How blinkered

It's probably not a positive for the UK tourist industry either. People from abroad will find it harder to holiday here, so overall they'll probably be worse off.

So no Americans, Canadians, South Africans, Sri Lankans, Japanese will holiday here once we are separate from the EU? Oh right.

"So no Americans, Canadians, South Africans, Sri Lankans, Japanese will holiday here once we are separate from the EU? Oh right."

Who made that argument ThroughT&T? Because I can't find anyone saying that until you did. Is that just a straw man rather than arguing the points somebody else has made?