The Brexit Thread

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buka001 said:
Lol ... UK a cheap holiday destination.

Sure, come to my house, Ill charge you standard bnb rates and Ill cook you some nice Aberdeen Angus steaks,if you think Brexit will make it all cheap.
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Makes me think, since all the cooks in the restaurants are immigrants, will UK be back to traditional english food ? :sick:
 
f2wohf said:
Makes me think, since all the cooks in the restaurants are immigrants, will UK be back to traditional english food ? :sick:
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Considering neither China nor India are in the EU I doubt it's going to worry 2 of the most popular restaurant types.
 
London Remains Top Financial Center in Survey Despite Brexit

So the EU banking destinations still miles behind.

London has retained the mantle as the world’s top financial center, though uncertainty about the implications of Britain’s vote to leave the European Union saw its lead over Asian rivals narrow, according to a study.

New York held on to second place in the Z/Yen Group Ltd.’s latest Global Financial Centres Index, though its overall rating was hit by concern following the U.S. election of Donald Trump. London and New York fell 13 and 14 points respectively, the largest declines in the top 50 financial centers other than Calgary. Singapore and Hong Kong, the two leading Asian centers, narrowed the gap between themselves and the top two to about 25 points on a scale of 1,000, the index showed.

...

Frankfurt and Dublin -- emerging as the top two destinations for bankers looking to establish new trading hubs inside the EU -- ranked 23rd and 33rd respectively, both down on previous years. Paris came in 29th, the index by the London-based consulting firm showed.
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This is a powder keg waiting to explode ... many people voted for Brexit on the hope there'd be a significant reduction in immigration. And certainly that was one of the major themes of the Vote Leave campaign - 'take back control'.

Theresa May interview: ‘no guarantee immigration will be significantly lower after Brexit’

Theresa May’s interview with Andrew Neil revealed several significant things about the government’s approach to Brexit. Tellingly, May wouldn’t rule out free movement and the jurisdiction of the European Court of Justice continuing during any Brexit ‘implementation period’. This eases the way for a transitional deal, as the EU is likely to insist on both of these things applying—at least, in some form—during any transition period. Though, it does raise the prospect of the government having to go into the next general election with free movement ongoing

There was another olive branch to EU capitals in May’s refusal to rule out preferential treatment for EU migrants post-Brexit. The EU is very keen to ensure that any UK/EU free trade agreement gives EU nationals preferential access to the UK labour market. But several members of May’s Cabinet, most notably Boris Johnson, have been clear that they want equal treatment for EU and non-EU citizens post-Brexit.

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But, I suspect, the exchange which will grab the headlines tomorrow was May’s refusal to say that immigration would be ‘significantly lower’ post-Brexit. Following on from the Brexit secretary David Davis’ comments about how immigration will go up and down from year to year, it indicates that the government is trying to manage expectations on this subject—to make clear that Brexit will not lead to a dramatic fall in immigration. This is a sensible position: the economy isn’t ready for immigration to be reduced to the tens of thousands. But it will, inevitably, be attacked by Nigel Farage and his crew. May’s political standing, though, is strong enough at the moment that she needn’t be overly worried about this.
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Only the frothy mad Ukipper types dream of a new system with no immigrants arriving (of course that only applies to immigrants who are Eastern Europeans and those of a darker skin).

With Nigel Farage making his plans to emigrate or move to Germany I suppose someone like Godfrey "Bongo Bongo" Bloom would be their style of figurehead.

Favourite saying:
"I'm not racist but immigration has caused [insert ills of the world]..."
 
There's talk of them trying to close the borders to any new EU immigrants because of the surge they're expecting in the next two years - read somewhere the other day that the figures may even double before Brexit is completed.
 
Case in point on the reality of can't have your cake and eat it:
http://www.independent.co.uk/news/u...ects-theresa-may-parallel-talks-a7656506.html

The Voice said:
There's talk of them trying to close the borders to any new EU immigrants because of the surge they're expecting in the next two years - read somewhere the other day that the figures may even double before Brexit is completed.
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Don't think you'll see a sharp spike - Britain isn't that massively desirable to immigrants especially post Brexit as people think. Hell I'm kinda eyeballing Ireland myself.
 
HavocXphere said:
Case in point on the reality of can't have your cake and eat it:
http://www.independent.co.uk/news/u...ects-theresa-may-parallel-talks-a7656506.html


Don't think you'll see a sharp spike - Britain isn't that massively desirable to immigrants especially post Brexit as people think. Hell I'm kinda eyeballing Ireland myself.
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Wouldn't be so sure. The UK still has some of the best social benefits in Europe, especially with regards to child grants. And the £ is still the strongest currency in the world. For now, anyway.

Many could see this as an opportunity to make a quick buck before heading home again.
 
The Voice said:
Poland joined the EU in around 2004. The majority of Polish expats ended up here - so many in fact that in the years after Poles had to pay double tax. Once in the UK where they worked, and again pay tax in Poland because of the strain on their home state's economy after a large majority of its work force left for greener pastures.

Blair was also quoted as saying that he had no idea so many people would start flocking here once they'd joined. I'm not so sure that he was completely oblivious, though, as there was some sort of push at the time to flood the market with cheap labour. Of course, this caused some sort of chain reaction as more Eastern European countries joined the EU. Added to that immigration from Commonwealth countries, and illegal immigration from other states - well, the border is in a bit if a shambles over here.

Now that we're officially leaving the EU, we can at least control who enters from that end, and in turn hopefully be more mindful of who comes in from everywhere else.
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Chris_the_Brit said:
But even if the *majority* were from non-EU countries, there were millions from the EU which you couldn't do anything about if you were in the EU. EU immigrants are part of the immigration equation even if they are not the majority.

You can only slow-down non-EU immigration not EU immigration if you are in the EU. Yes?
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No. Read the link I posted.

Moreover, the accession treaties with new EU member states allowed a transition period of up to seven years, during which older EU member states had the option to maintain immigration restrictions on the citizens of newer member states. They also had the option to introduce such controls during the seven-year transition period, even if they have abolished the restrictions earlier, provided that there was a serious disturbance on their labour markets.

Twelve of the fifteen other older EU member states used this option and adopted temporary immigration controls, but the UK, Ireland and Sweden opened their labour markets directly from 1 May 2004 for nationals of the eight central European countries (EU8) that joined the EU on 1 May 2004. Furthermore, the UK did not introduce controls later in the 7-year transition period, when immigration from these countries sharply increased. Immigration from EU8 accounted for on average 16% of non-British net immigration in 2004-11.

Therefore, even when respecting all EU rules, 2004-11 net immigration of non-British citizens to the UK could have been cut by a stunning 82% (71% non-EU minus 5% asylum seekers plus 16% EU8). But UK authorities decided not to do that.
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f2wohf said:
Really smart move, it blocks U.K. and forces them to negotiate quickly without being able to link trade terms with Brexit conditions.
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Yup. I really do not envy the guys that need to negotiate the UK side of this...pretty much all the leverage lies EU side.

For the EU a small fraction of their exports go to the UK. For the UK a much larger fraction goes to the EU. So who will blink first?

Time is also against the UK...the EU can live with uncertainty on this front much longer than the UK. So who will blink first?
 
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Just noticed that May completely forgot about Gibraltar. It's going to be funny for people leaving there

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