Westmistenders: 'No Deal please; We're British'

[RedToothBrush]

It has to be said that its almost as if Tory Rebels are too polite to challenge the PM.

But the stakes are getting higher and higher as it becomes more and more apparent that it is a clear choice between a chaotic no deal situation or a BINO and there is no alternative to that.

If the Tory Rebels don't show their grit and are not prepared to be as strong in their determination as the Brexiteers - out of almost politeness and obligation - then No Deal awaits.

As things move forward, the threat to May once again re-emerges too. If May doesn't do what the ERG say they are minded and will try to oust her. They have nothing to lose by it.

The Tory knives are hidden behind backs one again. Waiting.

Which way will the Withdrawal Bill go? Which way will the Trade Bill later this month go?

We are running out of time and options: for either a deal or no deal.

Time has already run out for many ordinary people - they just might not know that yet, but the decision has already be made about their future.

Tambien What do you think is going to happen ? Large groups of government people rounding up people who disagree with them putting them in torture chambers

What do you think will happen user? Do you regard protections for Human Rights as an important feature of the UK's legislation or not?

Strangely the low pound and lack of business certainty is chopping the legs out from under British companies that aren't stronger than strong. Expect much more of this.

Next up, user tells us that smoking & lung cancer aren't really related. Why not? Flat-out denying reality's been working so well for so long, why stop now?

Large groups of government people rounding up people who disagree with them putting them in torture chambers
Well...........
More than 100 women in Yarl's Wood detention centre go on hunger strike over 'inhumane' conditions
www.independent.co.uk/news/uk/home-news/yarls-wood-women-immigration-detention-centre-hunger-strike-home-office-a8223886.html

How about "legal immigrants who didn't keep paperwork they didn't legally require rounded up and deported after being deemed illegal retroactively, only with no legal recourse to have that decision reversed?"

This is like shooting a fish in a barrel.

We are not leaving the ECHR.

Give it time. Noises have been made to that effect by more than a few.

@user
No I didn't. About a quarter went to the USA as 'fines'. SOME will have been lost due to exchange rate fluctuations which over that period will have been significantly influenced by the uncertainty of Brexit. The remainder, an unknown amount down to loss of contracts. It was not specified where the contracts were for. So NO it is not 'all about Brexit'.
Saying that, as the Brexit 'train crash' has unfolded over the last 2 years confidence (a massively important word in the finance and in industry) has been shattered by the sheer incompetence of the UK government. Just look at the exchange rate fluctuations. Trump announces a 'deal' with NK, the markets jump. Similarly any significant 'news' will cause a mixture of uncertainty and finance market movement. The exchange rates change practically instantly these days, an hour is a LONG time for stable exchange rate.

So, even with the oodles of cash the BoE pumped into the economy, sterling exchange rate is an issue. So, it has cost the country already.

Oh look, British entrepreneurship is down too due to the weakening economy:

Tougher Business Climate Blamed For Drop in UK Start Ups

So we have big incumbents shrinking or going into receivership, and SMEs aren't even starting due to Britain's current business context. Note that the EU and US economies are doing just fine and the stock market is still booming.

Nope, can't have anything to do with the massive balls-up of the single biggest political, social and economic change to Britain since the final blow the the Empire at Suez. Maybe it's leaves on the line, or something.

woman11017 We are still in EU atm so they must be working within the HR act

@Cailleach1
If the BofE reserved funds they should (in my view) NOT release it now as Brexit has not actually happened and that money will need to be targeted on specific 'projects' WHEN we know what the outcome of Brexit is. A general slide (which is happening) at the moment should not be propped up. A bit like having £100 for your child's birthday where they would like a £99 'present' but for now you are subbing then £5 a week for sweets.

Who needs human rights anyway?

They are just for the lazy, the undeserving, the ungrateful immigrants, the criminals, beggars and people who should have known better than to get themselves into that situation in the first place.

Well, you said it.

The economic consequences of Brexit are serious, but at least we may finally regain the power to make the streets of London safe to walk again.

Flat-out denying reality's been working so well for so long, why stop now?

Is Brexit a significant factor? User thinks not and is entitled to their opinion.

It could just be coincidence that many companies are closing,moving, restructuring, giving profit warnings or making redundancies.

One can debate individual cases like Rolls Royce endlessly. But it’s the tip of the iceberg.
The electorate seems to focus on the news of the day rather than the overall trend.I like a list and have previously posted an (incomplete) list of profit warnings,recent business closures, moves or lay offs.

There are always other factors such as changes in shopping habits etc but even the most ardent Brexiter must admit that the extent of announcements is a big coincidence?

Whilst some of the business may have had variable profit before, the referendum was the death knell to many household names. They may have survived were it not for our act of self harm.

We will never know for certain if some of these businesses could have weathered the storm if it wasn’t for the weaker pound. However I'm prepared to bet that future historians will summarise all these consequences in one Brexit related sentence.

•Jaguar Landrover
•Unilever
•Carluccio
•Carphone Warehouse
•GSK
•Discovery Channel
•AIG
•Jacques Vert, Dash and •Eastex (Calvetron Brands Limited)
•Toys R Us
•Waitrose and John Lewis profits down 77 %
•Store closures M and S.
•Debenhams - store closures and redundancies.
•New Look- mass closures 90 stores and 900 + jobs at risk.
•House of Fraser
•Homebase
•Marks & Spencer
•Next

Post Referendum collapses

•Carillion- liquidation
•150 jobs from Merck.
•Jaeger-gone
•East clothing-gone
•Travis Perkins- decline, restructure , profit warnings
•Monarch-gone
•Shoe Zone - 84% profit fall
Brantano/ Shoe city 73 stores and 64 concessions employing 1,086 staff- Administration.
Jones Bootmaker-100 shops and about 800 employees.
Rivington pink wafer biscuits- gone
Southern salads- gone
Lowcostholidays -gone citing Brexit
Hewden gone citing Brexit
Maplin- gone
Toy R Us - gone
Feather & Black - gone
Multiyork - gone

Reductions , warnings closures

Oliver Bonas
Jamie Oliver
Prezzo
Chimichanga
Cafe Rouge and Bella Italia
Byron -rescue sale

Moves or reductions

Hiscox
Goldman Sachs
jP Morgan
Standard chartered
UBS

Not forgetting moves if EU hubs at

•Standard Life Aberdeen, to Dublin.

•Sumitomo Mitsui Financial Group Inc. to Frankfurt
•Daiwa Securities Group To Frankfurt
•Insurer Admiral Group to Spain

•T Rowe etc to Luxembourg’s f

•Barclays EU headquarters to Dublin.

•JPMorgan chase to Dublin

•Bank of America to Dublin.

•Lloyd’s of London to Brussels

•LONDON - Mizuho, one of Japan's "Big Four" banks,to Frankfurt

•Travelers Europe to Dublin

•US insurer AIG to Luxembourg

•Citigroup Inc to Frankfurt

•Frankfurt also Standard Chartered

•Deutsche Bank trading and investment-banking assets from London Frankfurt.

•Nomura Holdings Inc -Frankfurt

•EMA to Amsterdam

•Paris -European Banking Authority

•Rapid Medical is a high-tech start-up moved R&D to France to protect EU grant funding.
•Severfield blamed Brexit uncertainties for job cuts in Bolton. Roughly a third of the workforce laid off.

Many more small businesses going than usual too :
https://www.yorkshirepost.co.uk/business/brexit-uncertainty-is-leading-cause-of-business-closures-for-young-entrepreneurs-says-survey-1-8538867

they must be working within the HR act
This Home Office has been found to have been acting illegally on numerous occasions.
The Shadow Home Secretary was trying for years to even gain her rightful access to Yarls Wood.
Weaponise racism and the world's your oyster.

PineappleSunrise You can pin it all on Brexit if that fits your narrative, RR losses are not solely down to Brexit, Carillion didn’t go bust due to Brexit, there are other issues at play, financial crash, Austerity, no pay rises for many people, gig economy, high house prices and rents, online shopping taking over etc not everything is solely Brexit, I know you what it to be,
The pound in the last 25 years has fluctuated between 2.43- 1.11 to the dollar at an average of 1.43, know suddenly because it fits, it’s low Brexits fault, it’s been lower before, was that Brexit, the price of food fell for a couple of years because of the budget supermarkets, the dollar didn’t rise for cheaper prices, it was just supermarket price war
Oil tumble from $100 to 30, before Brexit, now it’s going back up to $60 the price of fuel has gone up , that’s Brexit fault again,
Please look outside your Brexit box, not everything is solely the fault of Brexit

We are not leaving the ECHR.

Give it time. Noises have been made to that effect by more than a few.

Yeah but posters were suggesting that the vote on the HoL amendment 5 meant that the ECHR was being scrapped now.

Meanwhile, Tory Brexiteer Jacob Rees-Mogg has defended his City firm setting up an investment fund in Ireland after it emerged that its clients were warned about the risks of a "hard" Brexit.

www.telegraph.co.uk/politics/2018/06/13/tory-mp-jacob-rees-mogg-defends-setting-hedge-fund-branch-ireland/

It's comforting to know that Jacob Rees-Mogg will ensure his wealthy clients are shielded from the repercussions of a 'hard' Brexit so strongly advocated by him.

Meanwhile, the rest of us will just have to soldier on and bear the brunt of Brexit.

I know I shouldn't bite but!!!

The economic consequences of Brexit are serious.

Yay we have agreement!

but at least we may finally regain the power to make the streets of London safe to walk again.

Hilarious - so EU membership makes London streets unsafe? The biggest cause of death on London streets is air pollution.

The EU more than any other institution has attempted to address air pollution breaches. levels of nitrogen dioxide etc .

The word CONFIDENCE is the cornerstone on so much of the world business dealing, with knock on effects through society.
Anybody, however grand wants to KNOW that they and their family will have food on the table and a roof over their head tomorrow, and hopefully well into the future.
What Brexit has demonstrated is that the UK government is prepared to chuck stability under the proverbial bus as a means to it's own ends. We are only feeling the ripples from this stupidity (or think of another word) which due to the complexity of the legal agreements we had/have with the EU have infinitely greater repercussions than a 'misguided' (a polite euphemism) bunch of politicians thought through.
While companies and individuals cannot ever KNOW what will happen in the future, they usually do their damnedest to make it happen.

I don't have a narrative. I do this crazy thing called reading a wide variety of news and economic analysis, and I use that work out what's going on. I do this in spite of being born in a working class family.

Is "narrative" your word of the day, or something?

It's comforting to know that Jacob Rees-Mogg will ensure his wealthy clients are shielded from the repercussions of a 'hard' Brexit so strongly advocated by him.
In it for the people right? The rich ones, because the others don't count.

Oil tumble from $100 to 30, before Brexit, now it’s going back up to $60 the price of fuel has gone up

UK petrol prices are at least partially a Brexit effect as oil is traded in $ (and it’s at $76 / barrel for Brent).

user I’m going to assume you are not an eu citizen are you?

What am I worried about?
That at some point I’ll end up in the same situation than so many legal immigrants face atm. The Inability to have a bank account, detention even though I’m legally residing in the U.K., proof created against me, feeling unable to go and see the police to report a crime, being stopped at the border and unable to come back in even if I do reside legally etc etc etc
To find myself a single parent/disabled but not having any support at all, even though I’ve paid taxes for 20 years.
To see the ‘rules’ changing again
To have to leave everything I have build here. In effect to leave all what I have build in my working life and have to start from nothing at all again. No pension, no house. Nothing.

And I’m not dreaming that it might happen. It is ALREADY happening to non eu immigrants and some eu immigrants. There is no reason why it wouldn’t happen to me too. Even more so wo a human right chart that protects my rights. Rights to live safely, right to be with my family, right to a fair trial etc etc

lonelyplanetmum The pound has been lower than this before, many of the shops on there struggling due to the demise of the high street, high rents paid parking, expanding to quick, etc, Amazon taking a large chunk of their business,
Many of the restaurants have expanded to quick, over priced rubbish food, people not having a pay rise for many years. High house prices and rent less free money, It’s a massive time of change on the high street with many old companies making way for new
Dealing with Travis Perkins and their prices I’m surprised they are still in business

"The pound has been lower than this before."

ACtually not for this length of time, this is the longest low level of the pound this century.