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politicalbetting.com » Blog Archive » Anatomy of the biggest night of political betting ever when

SystemSystem Posts: 12,482
edited June 2016 in General

imagepoliticalbetting.com » Blog Archive » Anatomy of the biggest night of political betting ever when in 4 hours the 93% favourite lost

YouGov on the day survey (NOT an exit poll) being published on Sky News at 10pm

Read the full story here


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Comments

  • GeoffMGeoffM Posts: 6,071
    First!
  • noisywinternoisywinter Posts: 249
    My profits on Leave made only on the night were the most fast political betting profits ever! what an opportunity it was
  • DavidLDavidL Posts: 55,356
    FPT

    ThomasNashe said:
    » show previous quotes
    Yep, I support the Union - but you really can't argue against any of that.

    I said:
    Oh yes you can. Scotland is far, far further away from being a viable country that it was at the time of Sindy. If we went independent we would need to cut public spending by at least 10%, almost certainly more. Our economy is absolutely dependent upon having a single market with rUK. When the UK was in the EU this was guaranteed. That is no longer the case. Even Nicola is saying we need to wait and see what the outcome of the EU/UK discussions are. Leaving to remain in the EU when rUK was out and not a part of the single market would be totally and utterly insane.
  • SouthamObserverSouthamObserver Posts: 40,054
    Watching it all unfold when I kew what the result was going to be was really quite surreal.
  • another_richardanother_richard Posts: 27,634
    Mike

    Would you point out the donate button please - I have a contribution to make.

    It was a VERY profitable night.

    I'd love to know who was still laying Leave after midnight.
  • another_richardanother_richard Posts: 27,634

    Mike

    Would you point out the donate button please - I have a contribution to make.

    It was a VERY profitable night.

    I'd love to know who was still laying Leave after midnight.

    And a big thanks to AndyJS and his spreadsheet - worth more than all the 'experts' put together.
  • A Conservative government headed by a Leaver is going to retain freedom of movement?
  • runnymederunnymede Posts: 2,536
    Wasn't it simply marvellous?

    One of the greatest nights of my life.

    Enjoying the wailing and gnashing of teeth from the sore losers even more.

    And my four-figure betting profits. Sold sterling at 1.50 and bought it back at 1.34. Nice.
  • BenedictWhiteBenedictWhite Posts: 1,944
    DavidL said:

    FPT

    ThomasNashe said:
    » show previous quotes
    Yep, I support the Union - but you really can't argue against any of that.

    I said:
    Oh yes you can. Scotland is far, far further away from being a viable country that it was at the time of Sindy. If we went independent we would need to cut public spending by at least 10%, almost certainly more. Our economy is absolutely dependent upon having a single market with rUK. When the UK was in the EU this was guaranteed. That is no longer the case. Even Nicola is saying we need to wait and see what the outcome of the EU/UK discussions are. Leaving to remain in the EU when rUK was out and not a part of the single market would be totally and utterly insane.

    Is she saying that? Good.

    I am hoping calm prevails. A UK with a PITA Scottish government constantly whinging seems an appealing prospect provided we are both in the tent looking to make it a bigger and better tent.

    Again, if that is the case, she also is now clearly thinking purely of the Scottish national interest, not party interest which is what she has been elected to do. She may come to a conclusion I do not like at some point but all respect fro taking that line.
  • Great timing Mike with this thread.
    Watch again now on BBC Parliament channel - at 23.39 now
  • GIN1138GIN1138 Posts: 22,925
    I'd be quite happy with that.

    Was never about immigration for me.
  • DavidLDavidL Posts: 55,356
    edited June 2016
    It was an amazing night. I remember posting when the Newcastle came in that Leave had won. It just seemed to be obvious but the market took hours and hours not helped by a media who seemed totally incapable of recognising what was right in their face.

    We are very poorly served by our media. I don't think Gove is completely right about experts but the discussion on here was once again on such a different level it was like we were watching a different event.
  • another_richardanother_richard Posts: 27,634
    The really baffling thing was when Remain moved back to being favourites at 2.30am.

    Who thought that, why did they think it and how much money did they lose because of it ?
  • GIN1138GIN1138 Posts: 22,925
    edited June 2016
    runnymede said:

    Wasn't it simply marvellous?

    One of the greatest nights of my life.

    Enjoying the wailing and gnashing of teeth from the sore losers even more.

    And my four-figure betting profits. Sold sterling at 1.50 and bought it back at 1.34. Nice.

    Aren't you concerned we've unleashed End Of Days on ourselves Runny?
  • BenedictWhiteBenedictWhite Posts: 1,944

    Watching it all unfold when I kew what the result was going to be was really quite surreal.

    Quite. I called it for Leave after Sunderland (with a 70% confidence) to keep my people happy but by the time it got to around 2.30 to 3, I told them it was 100%.

    That seemed to cheer up the counters as well. Well, at least 48% of them!
  • Richard_TyndallRichard_Tyndall Posts: 33,315
    Is this the longest thread header we have ever had? :-)
  • kle4kle4 Posts: 98,814
    DavidL said:

    FPT

    ThomasNashe said:
    » show previous quotes
    Yep, I support the Union - but you really can't argue against any of that.

    I said:
    Oh yes you can. Scotland is far, far further away from being a viable country that it was at the time of Sindy. If we went independent we would need to cut public spending by at least 10%, almost certainly more. Our economy is absolutely dependent upon having a single market with rUK. When the UK was in the EU this was guaranteed. That is no longer the case. Even Nicola is saying we need to wait and see what the outcome of the EU/UK discussions are. Leaving to remain in the EU when rUK was out and not a part of the single market would be totally and utterly insane.

    It was always a question of how much economic pain were people willing to accept when making these types of decisions. Leaving an EU Britain was apparently not worth the pain of exit, and residual affection for the Union high enough. Now, it really really looks like the majority in Scotland will probably decide remaining in an EUless Britain is worth far greater economic pain, and residual affection for the Union evaporated, even some former Unionists saying it is time.

    I thought Scotland was on the way out anyway, but I'm sad my vote has made it happen even more quickly as a result. Nicola's 'wait and see' is clearly just a ploy to allow picking the optimal moment to call for an exit.
  • runnymederunnymede Posts: 2,536
    DavidL said:

    It was an amazing night. I remember posting when the Newcastle came in that Leave had won. It just seemed to be obvious but the market took hours and hours not helped by a media who seemed totally incapable of recognising what was right in their face.

    We are very poorly served by our media. I don't think Gove is completely right about experts but the discussion on here was once again on such a different level it was like we were watching a different event.

    Perhaps we will now finally hear no more of the rubbish about the betting markets being a good guide to the probabilities of political events.

    And there have to be very serious questions asked about the behaviour of the pollsters. One in particular.

    Does Andrew Cooper still lurk around here? He must be feeling great.
  • TCPoliticalBettingTCPoliticalBetting Posts: 10,819
    edited June 2016
    Betting wise the referendum was a big miss as I went to bed 10pm with LEAVE at circa 7 and I planned to wake up at 3am to see what the first results and betting was. Circa 3am I awoke and the opportunity had gone but I could enjoy the whole day and not be tired.
  • GIN1138GIN1138 Posts: 22,925
    edited June 2016

    The really baffling thing was when Remain moved back to being favourites at 2.30am.

    Who thought that, why did they think it and how much money did they lose because of it ?

    It's when the first London results came in and people saw how strong REMAIN was going to be there.

    But it never really looked enough to offset the North, the Midlands and the Shires...
  • BenedictWhiteBenedictWhite Posts: 1,944

    A Conservative government headed by a Leaver is going to retain freedom of movement?
    If it has an emergency brake, no benefit entitlements and compulsory paid health insurance (by the employer) then I could sell that in Sunderland & Sandwell.

    If it is just the same, then I'll be sharpening the pitch forks.
  • runnymederunnymede Posts: 2,536
    GIN1138 said:

    The really baffling thing was when Remain moved back to being favourites at 2.30am.

    Who thought that, why did they think it and how much money did they lose because of it ?

    It's when the first London results came in and people saw how strong REMAIN was going to be there.

    But it never really looked enough to offset the North, the Midlands and the Shires...
    Ha I thought our side was supposed be innumerate
  • SouthamObserverSouthamObserver Posts: 40,054
    Sturgeon is going to go for it. These are amazing times. The UK is coming to an end.
  • LowlanderLowlander Posts: 941
    edited June 2016
    The bookies were very, very slow to react to events on Thursday night and their inability to measure the outcome made it a very profitable night for me.

    I'd held back from this market all campaign, as it just seemed the fundamentals were not in line with the polling and while there was a profit on backing Leave it wasn't really enough given the risk. On the day however, the price was available at up to 8s which I stuck £50 on.

    The real profit chance came after 10pm when it was starting to look like the markets really believed polls which were just nonsense, especially as reports started coming in about postal votes in Sunderland and the overall vote in Sunderland when compared with hte par figures people had worked out. I put on some more moderate bets at good odds during that time.

    But amazingly even after Sunderland had declared and credible reports were coming in from round the country, I was still able to put another £200 on at 4/1 at 1.13am. That was ridiculous and quite remarkable poor performance by the bookies.

    My only potential regret was not getting on a second Independence referendum by 2020 at 5/1 which was still on offer by Ladbrokes at 4am.
  • kle4kle4 Posts: 98,814
    edited June 2016
    I have been struck by one thought though, which is people being accused of rejecting or trying to thwart the democratic will of the people.

    Now, if the referendum vote is just ignored, that will certainly be the case. But if there was a second referendum which produced a different result, or a party advocating ignoring the referendum result won a majority in a snap General Election, it would not in opposition to the democratic will. If anything the democratic will would clearly be very confused about what it wanted, so what the hell would you do?

    But there need not be a worry. Who would stand in a GE advocating ignoring the result? The Tories won't, Labour dare not, so the LDs maybe and the SNP. Even assuming some people with buyer's remorse, I don't think Leave need to worry about the LDs sweeping to a majority or coalition with the SNP. And as for a second referendum, well, it's possible it might lose, but no guarantee it would, and short of a brand new offer from Europe they've promised is not coming, there's no grounds to rerun, as all those who mocked the idea the SNP could call for a new referendum on the back of good opinion polls would agree polls asking for a rerun would be similarly not grounds. Not to mention in a second referendum were lost, you'd get a million people signing a petition for a third one.

    So it will be interesting to see how many MPs at the forthcoming parliamentary debate bother to come along, and how many actually decide to argue against it, or whether it will all just be remainers saying how angry they are at the result.
  • another_richardanother_richard Posts: 27,634
    GIN1138 said:

    The really baffling thing was when Remain moved back to being favourites at 2.30am.

    Who thought that, why did they think it and how much money did they lose because of it ?

    It's when the first London results came in and people saw how strong REMAIN was going to be there.

    But it never really looked enough to offset the North, the Midlands and the Shires...
    But Barking announced quickly a big Leave win showing that outer London would vote differently to Inner.

    I suspect that many people don't have an understanding of how populous non-metropolitan England is.

    As always its the medium sized towns in England which were decisive.
  • GIN1138GIN1138 Posts: 22,925

    Sturgeon is going to go for it. These are amazing times. The UK is coming to an end.

    As long as she's clear this time about whether she's using GBP, a new Scottish Pound or the Euro, good luck to her.
  • anotherDaveanotherDave Posts: 6,746
    DavidL said:

    It was an amazing night. I remember posting when the Newcastle came in that Leave had won. It just seemed to be obvious but the market took hours and hours not helped by a media who seemed totally incapable of recognising what was right in their face.

    We are very poorly served by our media. I don't think Gove is completely right about experts but the discussion on here was once again on such a different level it was like we were watching a different event.

    UK political reporting often seems to be a game of 'hunt the gaffe', with programmes/articles devoted to petty point scoring. Very little 'big picture' reporting.
  • MonikerDiCanioMonikerDiCanio Posts: 5,792

    Sturgeon is going to go for it. These are amazing times. The UK is coming to an end.

    Big mistake. She'll destroy her party.
  • DanSmithDanSmith Posts: 1,215

    Sturgeon is going to go for it. These are amazing times. The UK is coming to an end.

    Big mistake. She'll destroy her party.
    It will be destroyed if she doesn't go for it.
  • GIN1138GIN1138 Posts: 22,925



    As always its the medium sized towns in England which were decisive.

    The people David Cameron kept calling "Little Englander's"? ;)

  • MaxPBMaxPB Posts: 40,061
    FPT
    alex. said:

    viewcode said:

    So if the UK is off, then presumably there's no TTIP, so no EU\USA deal and we're the only one in the queue ?

    The TTIP is presumably between the EU and the USA and so would not be automatically "off".
    Presumably the point is that the EU without the UK means the whole thing needs to be started from scratch.
    Well it doesn't have two major power brokers pushing it through against French resistance. Germany can't carry it alone, especially given the massive internal resistance they are facing from their unions.
  • BarnesianBarnesian Posts: 9,107

    Mike

    Would you point out the donate button please - I have a contribution to make.

    It was a VERY profitable night.

    I'd love to know who was still laying Leave after midnight.

    And a big thanks to AndyJS and his spreadsheet - worth more than all the 'experts' put together.
    Andy's spreadsheet was indispensable. It was amazing how the odds on Leave remained so high so long. It was like May 2015 again. I piled everything on Leave after Sunderland and made the biggest gains I've ever made on political betting. It much more than offsets the poorer Euro exchange rate I'll get for my holidays!

    My share portfolio has done OK as well as I have significant holdings in Astrazeneca and GSK which are $ denominated and actually went up yesterday. So personally I've done well out of this and I'm well insulated from the damage that is coming.

    But I really grieve for the losers - particularly the young, whose futures have been blighted by the elderly and the ignorant.
  • chestnutchestnut Posts: 7,341
    Opportunity to ditch Barnett.
  • Stark_DawningStark_Dawning Posts: 10,038
    GIN1138 said:



    I'd be quite happy with that.

    Was never about immigration for me.
    It's amazing how quickly the immigration thing has been binned. Apparently even Hannan is now saying that the issue never even crossed his mind. Day after day on here we had Leavers orgasmic with glee when the news cycle was dominated by their favourite subject; now I bet history will be rewritten and it will be denied that it was ever mentioned at all. As for the voters, when they start complaining about the high levels of immigration from Mexico or wherever, I fully expect the Brexiteers to denounce them as 'Little Englanders' and 'racists'.
  • TheuniondivvieTheuniondivvie Posts: 43,652
    Breathing space is going to be limited.

    https://twitter.com/BBCDouglasF/status/746657038202175490
  • anotherDaveanotherDave Posts: 6,746
    edited June 2016

    A Conservative government headed by a Leaver is going to retain freedom of movement?
    The winner of the IEA Brexit prize advocated EFTA _without_ free movement.

    "...the UK should, unlike Norway, seek to remain outside the European Economic Area (EEA). The position sought should be somewhere between that of Turkey’s and Switzerland’s: membership of EFTA but not of the European Economic Area (EEA) and without application of significant portions of EU law."

    http://www.iea.org.uk/publications/research/the-iea-brexit-prize-a-blueprint-for-britain-openness-not-isolation

    During the referendum campaign I seem to recall Ms Leadsom saying the UK would/should pursue a UK specific free trade agreement with EU, rather than copying another country's deal.
  • DanSmithDanSmith Posts: 1,215

    Breathing space is going to be limited.

    https://twitter.com/BBCDouglasF/status/746657038202175490

    We can start talks today if they want, but we will activate article 50 when we choose to.
  • BigIanBigIan Posts: 198
    "I've been trying to go the loo for an hour"

    Genius.
  • RodCrosbyRodCrosby Posts: 7,737
    I posted...
    "Newcastle 10% more leave than Hanretty.

    Outside the 90% CI

    !"


    then, moments later

    "Polling Disaster Alert..."
  • GIN1138GIN1138 Posts: 22,925

    GIN1138 said:



    I'd be quite happy with that.

    Was never about immigration for me.
    It's amazing how quickly the immigration thing has been binned. Apparently even Hannan is now saying that the issue never even crossed his mind. Day after day on here we had Leavers orgasmic with glee when the news cycle was dominated by their favourite subject; now I bet history will be rewritten and it will be denied that it was ever mentioned at all. As for the voters, when they start complaining about the high levels of immigration from Mexico or wherever, I fully expect the Brexiteers to denounce them as 'Little Englanders' and 'racists'.
    "LEAVE" encompased a lot of different people with different views.

    For myself, I've consistent that my concern is democracy and sovereignty and I'm "intensely relaxed" about immigration.

    Others take a different view and that's fine.
  • Mike

    Would you point out the donate button please - I have a contribution to make.

    It was a VERY profitable night.

    I'd love to know who was still laying Leave after midnight.

    And a big thanks to AndyJS and his spreadsheet - worth more than all the 'experts' put together.
    THE GREATEST SPREADSHEET OF ALL TIME :)

    Thank you Andy
  • runnymede said:

    DavidL said:

    It was an amazing night. I remember posting when the Newcastle came in that Leave had won. It just seemed to be obvious but the market took hours and hours not helped by a media who seemed totally incapable of recognising what was right in their face.

    We are very poorly served by our media. I don't think Gove is completely right about experts but the discussion on here was once again on such a different level it was like we were watching a different event.

    Perhaps we will now finally hear no more of the rubbish about the betting markets being a good guide to the probabilities of political events.

    And there have to be very serious questions asked about the behaviour of the pollsters. One in particular.

    Does Andrew Cooper still lurk around here? He must be feeling great.
    Andrew Cooper - Populus - the worst pollster at the referendum. The main pollster for REMAIN. The advice of don't worry, those ABs will see off the plebs....
  • Stark_DawningStark_Dawning Posts: 10,038

    Sturgeon is going to go for it. These are amazing times. The UK is coming to an end.

    I predicted she would pounce immediately - though you didn't have to be Nostradamus for that one. Yes, the UK is coming to an end, though it will be inevitably shrugged off as 'a price worth paying'.
  • GIN1138GIN1138 Posts: 22,925
    edited June 2016

    Breathing space is going to be limited.

    https://twitter.com/BBCDouglasF/status/746657038202175490

    They can say what they like. Article 50 can only be invoked by the government and we can do it at our own timetable.
  • TudorRoseTudorRose Posts: 1,683

    Mike

    Would you point out the donate button please - I have a contribution to make.

    It was a VERY profitable night.

    I'd love to know who was still laying Leave after midnight.

    And a big thanks to AndyJS and his spreadsheet - worth more than all the 'experts' put together.
    Agreed - it was his spreadsheet that convinced me that a bet on Leave was free money at 1am. I still can't believe the odds I got. Like someone else said - the quickest return ever from a bet I've made.
  • BenedictWhiteBenedictWhite Posts: 1,944

    GIN1138 said:



    I'd be quite happy with that.

    Was never about immigration for me.
    It's amazing how quickly the immigration thing has been binned. Apparently even Hannan is now saying that the issue never even crossed his mind. Day after day on here we had Leavers orgasmic with glee when the news cycle was dominated by their favourite subject; now I bet history will be rewritten and it will be denied that it was ever mentioned at all. As for the voters, when they start complaining about the high levels of immigration from Mexico or wherever, I fully expect the Brexiteers to denounce them as 'Little Englanders' and 'racists'.
    Hannan has never ever held a position on immigration. Boris is in favour of immigration but now, having spoken to voters believes in control.
  • BenedictWhiteBenedictWhite Posts: 1,944

    Breathing space is going to be limited.

    https://twitter.com/BBCDouglasF/status/746657038202175490

    Do they run the UK government?
  • EPGEPG Posts: 6,735
    Saint Daniel of Hannan MEP: "if people watching think that they have voted and there is now going to be zero immigration from the EU, they are going to be disappointed". Daniel: they are going to be disappointed. LOL
    Dr Liam Fox MP: "A lot of things were said in advance of this referendum that we might want to think about again and that [invoking article 50] is one of them". No BREXIT so. LOL
    Ian Paisley MP: "if you are entitled to second passport then take one. I sign off lots of applications for constituents". That's everyone in Northern Ireland so. LOL

    I am going to call it: Tories think they can destroy Labour by betraying the anti-immigrant vote and pumping up Ukip in the North.
  • Do we view Ashcroft's splits in the voters as accurate? 12,000 polled. REMAIN vs LEAVE
    Con 42/58
    Lab 63/37

    http://www.conservativehome.com/platform/2016/06/lord-ashcroft-how-the-united-kingdom-voted-on-thursday-and-why.html
  • brokenwheelbrokenwheel Posts: 3,352
    edited June 2016

    Sturgeon is going to go for it. These are amazing times. The UK is coming to an end.

    I predicted she would pounce immediately - though you didn't have to be Nostradamus for that one. Yes, the UK is coming to an end, though it will be inevitably shrugged off as 'a price worth paying'.
    The delusion would be thinking it wasn't going to happen eventually.

  • TheuniondivvieTheuniondivvie Posts: 43,652
    edited June 2016
    GIN1138 said:

    Breathing space is going to be limited.

    https://twitter.com/BBCDouglasF/status/746657038202175490

    They can say what they like. Article 50 can only be invoked by the government and we can do it at our own timetable.
    What do we want?

    To take back control.

    When do we want it?

    Err..
  • MyBurningEarsMyBurningEars Posts: 3,651
    runnymede said:

    Wasn't it simply marvellous?

    One of the greatest nights of my life.

    Enjoying the wailing and gnashing of teeth from the sore losers even more.

    And my four-figure betting profits. Sold sterling at 1.50 and bought it back at 1.34. Nice.

    Happiest night of my life. I'm glad I stayed up for it all and went to bed after Cameron for a nap before work!

    I'm still ecstatic.

    Perhaps not "first full day as a free man" type ecstasy that some Brexiteers might feel, but one of huge relief that the greatest historical, politics and geostrategic tension of my lifetime has been resolved decisively.
  • chestnutchestnut Posts: 7,341
    How big is Scotland's deficit?

    The EU will be thrilled.
  • SouthamObserverSouthamObserver Posts: 40,054

    Sturgeon is going to go for it. These are amazing times. The UK is coming to an end.

    I predicted she would pounce immediately - though you didn't have to be Nostradamus for that one. Yes, the UK is coming to an end, though it will be inevitably shrugged off as 'a price worth paying'.

    It's sad, but inevitable. I will genuinely mourn the passing of the UK and Scotland becoming a foreign country, but England has spoken and in the end I am English. For good or ill, this is the place I am bound too. I just wish I agreed with more of my countrymen!

  • GIN1138 said:



    I'd be quite happy with that.

    Was never about immigration for me.
    Agreed-too much has been made of the immigration issue-that said Uk is always going to be much more of a magnet than Norway and thus the movement of people will be an issue so we are going to need to address this at some stage.
  • MonikerDiCanioMonikerDiCanio Posts: 5,792
    DanSmith said:

    Sturgeon is going to go for it. These are amazing times. The UK is coming to an end.

    Big mistake. She'll destroy her party.
    It will be destroyed if she doesn't go for it.
    She could have continued the con for a few more years, now the emptiness of SNP " independence " agenda will be made apparent to the people.
  • Breathing space is going to be limited.

    https://twitter.com/BBCDouglasF/status/746657038202175490

    Do they run the UK government?
    Q: Do they (EU 27) run the UK government?
    A: er they think so.... Maybe something to do with originating 60% of our laws .
    (Oh TC don't start that again!)
  • DanSmithDanSmith Posts: 1,215
    That report on BBC News just now that the EU either want Cameron to get on with article 50 now or a new PM to be appointed in the next few days. Is quite beautiful that they can't get what they want this time, unlike how they have treated so many other countries.
  • maaarshmaaarsh Posts: 3,592
    DanSmith said:

    Breathing space is going to be limited.

    https://twitter.com/BBCDouglasF/status/746657038202175490

    We can start talks today if they want, but we will activate article 50 when we choose to.
    Spot on. If they want to make it quick then they need to make a good offer.
  • MyBurningEarsMyBurningEars Posts: 3,651

    DavidL said:

    It was an amazing night. I remember posting when the Newcastle came in that Leave had won. It just seemed to be obvious but the market took hours and hours not helped by a media who seemed totally incapable of recognising what was right in their face.

    We are very poorly served by our media. I don't think Gove is completely right about experts but the discussion on here was once again on such a different level it was like we were watching a different event.

    UK political reporting often seems to be a game of 'hunt the gaffe', with programmes/articles devoted to petty point scoring. Very little 'big picture' reporting.
    Yes this is a very good point. The ratio of "reaction" to "analysis" is too heavily weighted to the former.
  • chestnut said:

    Opportunity to ditch Barnett.

    Good point. What of the Vow should be treated as breaking "a deal"?
  • JonathanJonathan Posts: 22,107

    DanSmith said:

    Sturgeon is going to go for it. These are amazing times. The UK is coming to an end.

    Big mistake. She'll destroy her party.
    It will be destroyed if she doesn't go for it.
    She could have continued the con for a few more years, now the emptiness of SNP " independence " agenda will be made apparent to the people.
    Sturgeon has guts, she is going for it and likely to get it. It was entirely predictable.
  • DanSmithDanSmith Posts: 1,215
    maaarsh said:

    DanSmith said:

    Breathing space is going to be limited.

    https://twitter.com/BBCDouglasF/status/746657038202175490

    We can start talks today if they want, but we will activate article 50 when we choose to.
    Spot on. If they want to make it quick then they need to make a good offer.
    Yeah exactly.

    They actually should call Cameron's bluff, make him an extremely good offer and see what happens.
  • anotherDaveanotherDave Posts: 6,746
    DanSmith said:

    That report on BBC News just now that the EU either want Cameron to get on with article 50 now or a new PM to be appointed in the next few days. Is quite beautiful that they can't get what they want this time, unlike how they have treated so many other countries.

    Merkel is the key voice now. This will be more of a nation states decision, than an EU Commission decision, in my opinion.

    The EU Parliament has never been more than window dressing.
  • CornishBlueCornishBlue Posts: 840
    DanSmith said:

    That report on BBC News just now that the EU either want Cameron to get on with article 50 now or a new PM to be appointed in the next few days. Is quite beautiful that they can't get what they want this time, unlike how they have treated so many other countries.

    Yup, it's going to be a steep learning curve for these EU leaders that Britain has sovereign will and is after all a great power.
  • JonathanJonathan Posts: 22,107
    Some in the EU want rid completely. They sense an opportunity.
  • kle4kle4 Posts: 98,814

    Sturgeon is going to go for it. These are amazing times. The UK is coming to an end.

    Big mistake. She'll destroy her party.
    There's a lot of emotion going around right now, but you really think she'd lose?!

    Sturgeon and co presumably don't care if the party is destroyed in the years after an exit (though they also presumably don't think that will happen), they will have gotten what they want and it'd be too late to change. As those wishing for a second referendum will find out, or any party trying to rejoin after we Leave, even if things go to crap, it will be very hard to get back in.
  • JohnLilburneJohnLilburne Posts: 6,696

    GIN1138 said:



    I'd be quite happy with that.

    Was never about immigration for me.
    It's amazing how quickly the immigration thing has been binned. Apparently even Hannan is now saying that the issue never even crossed his mind. Day after day on here we had Leavers orgasmic with glee when the news cycle was dominated by their favourite subject; now I bet history will be rewritten and it will be denied that it was ever mentioned at all. As for the voters, when they start complaining about the high levels of immigration from Mexico or wherever, I fully expect the Brexiteers to denounce them as 'Little Englanders' and 'racists'.

    GIN1138 said:



    I'd be quite happy with that.

    Was never about immigration for me.
    It's amazing how quickly the immigration thing has been binned. Apparently even Hannan is now saying that the issue never even crossed his mind. Day after day on here we had Leavers orgasmic with glee when the news cycle was dominated by their favourite subject; now I bet history will be rewritten and it will be denied that it was ever mentioned at all. As for the voters, when they start complaining about the high levels of immigration from Mexico or wherever, I fully expect the Brexiteers to denounce them as 'Little Englanders' and 'racists'.
    Hannan has never ever held a position on immigration. Boris is in favour of immigration but now, having spoken to voters believes in control.
    Hannan is a libertarian in favour of free movement. As an I if immigrants are expected to be self-supporting and learn English at their own expense. Believing in control is obviously compatible with believing in some level of immigration.
  • Danny565Danny565 Posts: 8,091
    I see the Labour "moderates" are still throwing their toys out of the pram.

    I'm still yet to hear why, in the aftermath of the country voting to leave the EU, it's a good idea to go for a more Euro-enthusiast leader.
  • TudorRoseTudorRose Posts: 1,683

    GIN1138 said:

    Breathing space is going to be limited.

    https://twitter.com/BBCDouglasF/status/746657038202175490

    They can say what they like. Article 50 can only be invoked by the government and we can do it at our own timetable.
    What do we want?

    To take back control.

    When do we want it?

    Err..
    And, ironically, it is their (EU) rules that require the Article 50 invocation first. The ones we've just voted to ditch!
  • LowlanderLowlander Posts: 941
    edited June 2016
    chestnut said:

    How big is Scotland's deficit?

    The EU will be thrilled.

    The true answer (so the one you won't get from any politician) is that no-one knows. The economics need unraveled and it is not always clear how that will happen.

    What we know it isn't, is the £15bn nonsense figure from the likes of Kevin Hague which consider that all costs currently borne by Scotland would exist for an independent Scotland. It would also matter what government Scotland voted for.

    The reality is that it would likely be between £4bn and £10bn. The EU cap of 3.5% would require a max deficit of roughly £9bn so it is both achievable for Scotland and would not require tax rises or spending cuts.

    All these figures are with current negligible oil revenues.
  • rottenboroughrottenborough Posts: 65,909
    Danny565 said:

    I see the Labour "moderates" are still throwing their toys out of the pram.

    I'm still yet to hear why, in the aftermath of the country voting to leave the EU, it's a good idea to go for a more Euro-enthusiast leader.

    Because the result was close? Because many of the people who voted to leave will have changed their minds in a year or two thanks to the uncertainty and crap things happening.
  • FF43FF43 Posts: 17,991
    DavidL said:

    FPT

    ThomasNashe said:
    » show previous quotes
    Yep, I support the Union - but you really can't argue against any of that.

    I said:
    Oh yes you can. Scotland is far, far further away from being a viable country that it was at the time of Sindy. If we went independent we would need to cut public spending by at least 10%, almost certainly more. Our economy is absolutely dependent upon having a single market with rUK. When the UK was in the EU this was guaranteed. That is no longer the case. Even Nicola is saying we need to wait and see what the outcome of the EU/UK discussions are. Leaving to remain in the EU when rUK was out and not a part of the single market would be totally and utterly insane.

    Yeah, but voting to leave the EU wasn't such a "sensible" thing to do The Leave campaign was a totally false prospectus, not just dishonest in parts. And then you go on about the practical difficulties with independence. Why shouldn't Indyref2 follow the same destructive trail already blazed by EUref? I'm not going to be happy about it, but bear in mind I have accepted we're leaving the EU even though i think it's a stupid decision.

  • DanSmith said:

    That report on BBC News just now that the EU either want Cameron to get on with article 50 now or a new PM to be appointed in the next few days. Is quite beautiful that they can't get what they want this time, unlike how they have treated so many other countries.

    If this was Italy they would send us Jonathan Hill to be our new PM..........
    How does a "state" that receives from us each year £10bn of aid and where we spend £100bn per year in their "shops" think they can tell us what to do?
  • RobDRobD Posts: 60,452
    DanSmith said:

    That report on BBC News just now that the EU either want Cameron to get on with article 50 now or a new PM to be appointed in the next few days. Is quite beautiful that they can't get what they want this time, unlike how they have treated so many other countries.

    They are telling us when to appoint a new PM?
  • JonathanJonathan Posts: 22,107
    Danny565 said:

    I see the Labour "moderates" are still throwing their toys out of the pram.

    I'm still yet to hear why, in the aftermath of the country voting to leave the EU, it's a good idea to go for a more Euro-enthusiast leader.

    Labour urgently need a leader capable of holding the govt to account and providing a viable alternative.

    Corbyn is not up to it. In his own words, his Remain campaign was his best effort.

  • Jonathan said:

    Some in the EU want rid completely. They sense an opportunity.

    That provides an opportunity for us to strike a good deal. But better to make them wait a few more weeks just to increase their desperation.
  • chestnutchestnut Posts: 7,341
    German Chancellor Angela Merkel expressed "great regret" at the British decision, saying: "This is a blow to Europe and to the European unification process"

    French President Francois Hollande said the vote "seriously puts Europe to the test" but called for the EU to push on with reform and investment

    Italian PM Matteo Renzi, who will meet Mr Hollande on Saturday, said: "Europe is our house," adding that "the house needs to be renovated, perhaps freshened up"

    Russian President Vladimir Putin said the decision showed the UK's unhappiness with migration and security

    Greek PM Alexis Tsipras said the vote was "either a wake-up call or the beginning of a dangerous path", adding: "We urgently need a new vision and beginning for a united Europe"

    Other leaders, including Polish President Andrzej Duda, said it was crucial that work be done to prevent other countries leaving the EU.

    Turkey's President Recep Tayyip Erdogan said it was inevitable more countries would leave the EU soon if it did not change its path.
  • SouthamObserverSouthamObserver Posts: 40,054
    This headline strikes me as being hugely significant:

    https://twitter.com/adamramsay/status/746600746439872517
  • Danny565Danny565 Posts: 8,091
    edited June 2016

    Danny565 said:

    I see the Labour "moderates" are still throwing their toys out of the pram.

    I'm still yet to hear why, in the aftermath of the country voting to leave the EU, it's a good idea to go for a more Euro-enthusiast leader.

    Because the result was close? Because many of the people who voted to leave will have changed their minds in a year or two thanks to the uncertainty and crap things happening.
    Again, do you really think it's a good idea for Labour to base its strategy on "uniting Remain voters"?

    Outside of London, some of Remain's strongest areas were in Berkshire, Surrey and Oxfordshire. These are not people even SLIGHTLY left-inclined, even Blair wasn't centrist enough for them - they are all very wealthy people who were concerned about protecting their incomes from economic turmoil. They are not voting Labour no matter what.

    This idea of Labour being the "party of Remain" really is a recipe for Scottish Labour on steroids.
  • kle4kle4 Posts: 98,814
    DanSmith said:

    maaarsh said:

    DanSmith said:

    Breathing space is going to be limited.

    https://twitter.com/BBCDouglasF/status/746657038202175490

    We can start talks today if they want, but we will activate article 50 when we choose to.
    Spot on. If they want to make it quick then they need to make a good offer.
    Yeah exactly.

    They actually should call Cameron's bluff, make him an extremely good offer and see what happens.
    That'd throw the cat amongst the pigeons.

    But seriously, there's no way for them to force the government to make the article 50 declaration, as I understand it, so what other pressure will they bring to bear to try to get us to do so more quickly? It's a dick move to keep them waiting, but we need time to organise. But they will be desperate not to make any sort of offers of what a post-brexit settlement would look like in advance, as it would reveal their hand.

    So it's an impasse. We aren't ready to make the declaration, they aren't prepared to act until we do (the other fear being they make too good an offer and, against all expectation, we don't declare if we can get some of that and remain in - us staying in would be even worse for them at this stage, unless it's a capitulation, since it would open the door for every country to vote out and then see what they can get).
  • IanB2IanB2 Posts: 51,552
    edited June 2016
    kle4 said:

    Sturgeon is going to go for it. These are amazing times. The UK is coming to an end.

    Big mistake. She'll destroy her party.
    There's a lot of emotion going around right now, but you really think she'd lose?!

    Sturgeon and co presumably don't care if the party is destroyed in the years after an exit (though they also presumably don't think that will happen), they will have gotten what they want and it'd be too late to change. As those wishing for a second referendum will find out, or any party trying to rejoin after we Leave, even if things go to crap, it will be very hard to get back in.
    Sturgeon is one of the few politicians with quite lot of goodwill and political capital to spend.

    Also, consider that the Nats entered politics to secure independence, and it has been a long struggle culminating in their recent successes. Is it possible to imagine a better alignment of the planets for independence ever coming round than they now have - power in Scotland, political goodwill, almost no opposition (OK Davidson on the flanks, but Tories are still toxic to most of Scotland so that's the opposition you want ), and a great cause celebre to win round the floaters? If not now, then when?
  • maaarshmaaarsh Posts: 3,592
    Do we think the newly voting 'non voters' will now have a taste for it?



  • Stark_DawningStark_Dawning Posts: 10,038
    EPG said:

    Saint Daniel of Hannan MEP: "if people watching think that they have voted and there is now going to be zero immigration from the EU, they are going to be disappointed". Daniel: they are going to be disappointed. LOL
    Dr Liam Fox MP: "A lot of things were said in advance of this referendum that we might want to think about again and that [invoking article 50] is one of them". No BREXIT so. LOL
    Ian Paisley MP: "if you are entitled to second passport then take one. I sign off lots of applications for constituents". That's everyone in Northern Ireland so. LOL

    I am going to call it: Tories think they can destroy Labour by betraying the anti-immigrant vote and pumping up Ukip in the North.

    You might be right what you say about the north and the Tories' intention to 'rub their noses in diversity'. The voters there would want to lash out a something and that can only be Labour. The Tories can also remind the oiks that immigration is actually a good thing and they just have to suck it up.
  • EPGEPG Posts: 6,735

    DavidL said:

    It was an amazing night. I remember posting when the Newcastle came in that Leave had won. It just seemed to be obvious but the market took hours and hours not helped by a media who seemed totally incapable of recognising what was right in their face.

    We are very poorly served by our media. I don't think Gove is completely right about experts but the discussion on here was once again on such a different level it was like we were watching a different event.

    UK political reporting often seems to be a game of 'hunt the gaffe', with programmes/articles devoted to petty point scoring. Very little 'big picture' reporting.
    Yes this is a very good point. The ratio of "reaction" to "analysis" is too heavily weighted to the former.
    The English public won't stand for analysis. They want to hear about EU Nazi Germans and bendy bananas.
  • Danny565Danny565 Posts: 8,091
    Jonathan said:

    Danny565 said:

    I see the Labour "moderates" are still throwing their toys out of the pram.

    I'm still yet to hear why, in the aftermath of the country voting to leave the EU, it's a good idea to go for a more Euro-enthusiast leader.

    Labour urgently need a leader capable of holding the govt to account and providing a viable alternative.
    Sure -- but I don't think any politician who's judgement was so badly askew as to be enthusiastically campaigning for Remain will be capable of providing a viable alternative. If they read the public mood so catastrophically wrong on the EU, they will surely read the mood wrongly again on all other issues if they got to be leader.
  • Freeview channel 131 BBC Parliament right now with the Sunderland result - follow and smile (for those of us asleep then)
  • GIN1138GIN1138 Posts: 22,925

    This headline strikes me as being hugely significant:

    https://twitter.com/adamramsay/status/746600746439872517

    Cameron: Farewell To The Turkey PM Who Voted For Christmas

    That's quite a good line. :smiley:
  • SouthamObserverSouthamObserver Posts: 40,054
    Danny565 said:

    I see the Labour "moderates" are still throwing their toys out of the pram.

    I'm still yet to hear why, in the aftermath of the country voting to leave the EU, it's a good idea to go for a more Euro-enthusiast leader.

    Do you seriously believe Labour leave voters buy into Corbyn's open immigration agenda?

    He is incapable of leadership and members should be demanding he stand down so they can choose someone else. Their tolerance of his abject uselessness is an unforgiveable betrayal of Labour's working class voters.

  • LowlanderLowlander Posts: 941
    IanB2 said:

    kle4 said:

    Sturgeon is going to go for it. These are amazing times. The UK is coming to an end.

    Big mistake. She'll destroy her party.
    There's a lot of emotion going around right now, but you really think she'd lose?!

    Sturgeon and co presumably don't care if the party is destroyed in the years after an exit (though they also presumably don't think that will happen), they will have gotten what they want and it'd be too late to change. As those wishing for a second referendum will find out, or any party trying to rejoin after we Leave, even if things go to crap, it will be very hard to get back in.
    Sturgeon is one of the few politicians with quite lot of goodwill and political capital to spend.

    Also, consider that the Nats entered politics to secure independence, and it has been a long struggle culminating in their recent successes. Is it possible to imagine a better alignment of the planets for independence ever coming round than they now have - power in Scotland, political goodwill, almost no opposition (OK Davidson on the flanks), and a great cause celebre to win round the floaters? If not now, then when?
    The Scottish Tories are remarkable muted on Independence right now, other than Davidson absolutely no-one has put their head above the parapets. Even die-hard BritNats like Adam Tomkins was very muted in an interview on Friday.

    Also SLab are making very pro-Indy sounds, senior figures appear to have an acceptance of Independence, some even sound like they will actively back it.

    The stars are aligned.
  • Breathing space is going to be limited.

    https://twitter.com/BBCDouglasF/status/746657038202175490

    Urgently in France at this time of the year means "after the August break"

    I think Cameron will say next week to the other leaders-we are having an election-new leader in place after the summer hols-we can all meet up then.

    Realistically they have the Spanish elections tomorrow and the Greek debt crisis to sort out.
    +the French have some domestic housekeeping issues to resolve so I think they can all live with a September start date.
  • FF43FF43 Posts: 17,991

    GIN1138 said:



    I'd be quite happy with that.

    Was never about immigration for me.
    It's amazing how quickly the immigration thing has been binned. Apparently even Hannan is now saying that the issue never even crossed his mind. Day after day on here we had Leavers orgasmic with glee when the news cycle was dominated by their favourite subject; now I bet history will be rewritten and it will be denied that it was ever mentioned at all. As for the voters, when they start complaining about the high levels of immigration from Mexico or wherever, I fully expect the Brexiteers to denounce them as 'Little Englanders' and 'racists'.
    Hannan has never ever held a position on immigration. Boris is in favour of immigration but now, having spoken to voters believes in control.
    I understood the word "control" to mean doing things to achieve an outcome. Lower levels of immigration for example. It seems the Leave definition of control, or at least the redefinition now the campaign is safely over, is accepting whatever comes because, well, we don't really have a lot of choice. A definition that is remarkably similar to the situation before.
  • LowlanderLowlander Posts: 941
    GIN1138 said:

    This headline strikes me as being hugely significant:

    https://twitter.com/adamramsay/status/746600746439872517

    Cameron: Farewell To The Turkey PM Who Voted For Christmas

    That's quite a good line. :smiley:
    Also the bottom strap is like something out of Viz or Private Eye. "Pages 2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20&21"
  • DanSmithDanSmith Posts: 1,215
    RobD said:

    DanSmith said:

    That report on BBC News just now that the EU either want Cameron to get on with article 50 now or a new PM to be appointed in the next few days. Is quite beautiful that they can't get what they want this time, unlike how they have treated so many other countries.

    They are telling us when to appoint a new PM?
    The BBC report said the feeling there is that Cameron should own this and activate article 50 straight away. If not, he should go and the next leader should do this in the next few days. We have seen in other countries they have no issues with installing a new leader in an extremely short timeframe, they want the same to happen with us.
  • chestnutchestnut Posts: 7,341
    Brexit 53-47 with Scotland removed.

    According to the BBC, the EU6 recommend that we commence discussions, which is, of course, perfectly possible without serving Article 50.

  • Danny565Danny565 Posts: 8,091
    edited June 2016

    Danny565 said:

    I see the Labour "moderates" are still throwing their toys out of the pram.

    I'm still yet to hear why, in the aftermath of the country voting to leave the EU, it's a good idea to go for a more Euro-enthusiast leader.

    Do you seriously believe Labour leave voters buy into Corbyn's open immigration agenda?

    No I don't - but the "moderates" all want to rejoin the EU, so in practice would have an immigration policy no different to Corbyn.

    As I said yesterday, atleast Corbyn offers working-class voters economic policies to appeal to them, and is a symbolic chance to "kick the Establishment". On the other hand, the Blairites would offer the same key planks as the Remain Campaign -- defending the economic status quo, mass immigration, cultural liberalism, presented by career politicians. We saw how that goes down in the Labour heartlands on Thursday.
  • SouthamObserverSouthamObserver Posts: 40,054
    Danny565 said:

    Jonathan said:

    Danny565 said:

    I see the Labour "moderates" are still throwing their toys out of the pram.

    I'm still yet to hear why, in the aftermath of the country voting to leave the EU, it's a good idea to go for a more Euro-enthusiast leader.

    Labour urgently need a leader capable of holding the govt to account and providing a viable alternative.
    Sure -- but I don't think any politician who's judgement was so badly askew as to be enthusiastically campaigning for Remain will be capable of providing a viable alternative. If they read the public mood so catastrophically wrong on the EU, they will surely read the mood wrongly again on all other issues if they got to be leader.

    They went out and campaigned for Labour party policy. If they hadn't the majority for Leave may have been far bigger. If Corbyn had put the full weight of the Labour party machine behind Remain from the start Remain may have won.

This discussion has been closed.