talking to my brother who works in Germany he's rubbing his hands. The Euro is down against the dollar so he thinks his company will have a bumper year with US sales.
Well the pound has fallen much more so International GB companies should be creaming it.
talking to my brother who works in Germany he's rubbing his hands. The Euro is down against the dollar so he thinks his company will have a bumper year with US sales.
Tell your brother to get with the programme. This week, a falling currency is bad for the economy. Next he'll be singing in the bath FFS.
Diana Johnson, Labour MP for Hull North has just resigned.
Resigned as an MP?
No, as a shadow foreign office minister.
This is all happening far too quickly to attempt to keep up with it. 20 resignations now is it? It'll just be JC, McIRA and Diane left by the end of the day!
Indeed, while you were writing that post, MP Ruth Smeeths resigned as a PPS and Roberta Blackman-Woods resigned as shadow housing minister.
LOL. Is no-one here going to get any work done at all today? This is completely bonkers!
Interim - why would it be a problem? Are we going to be passing any contentious legislation until there is a new full time leaer? PMQs can be deputised to an interim deputy - any ideas? Peter Lilly?
As my MP may I just note that Peter Lilly has an interesting backstory that our generous spirited press will clearly enjoy.
talking to my brother who works in Germany he's rubbing his hands. The Euro is down against the dollar so he thinks his company will have a bumper year with US sales.
British exporters will be over the moon, their goods just got cheaper for everyone else to buy. Airbus, McLaren and JCB will all be happy about a fall in the pound.
Those of us who get paid in US$ and have a mortgage in Sterling are also not complaining too much
OMG at Corbyn voting Leave. It's a plot twist which I guess everyone should have expected but....I'm still flabbergasted.
@rottenborough I wouldn't be remotely surprised if Article 50 ended up being kicked into the long grass and in the end we end up not formally leaving the EU.
People on here like nunu speculating about Labour 200- etc etc fail to grasp what is happening here. About know they are utterly doomed under Corbyn so are taking their chance to destroy him. They'll sort the rest out later.
talking to my brother who works in Germany he's rubbing his hands. The Euro is down against the dollar so he thinks his company will have a bumper year with US sales.
The great irony is that Germany, Italy, Spain and even France are full of decent exporters, so they'll benefit from the fall of the Euro relative to the US Dollar.
Meanwhile, out in the real world things are looking bearish.
Nah, it is project fear.
away from the bedwetting in London, here in the Midlands the people I have spoken to today are fairly sanguine
1. they expect a bit of froth and then it will settle down 2. they're fairly unrepentant saying London has ignored us for ages so now they have to sit up 3. they expect HMG ( whats left of it ) will have to now do someting to help the rest of the economy instead of always worrying about the South East or the main parties will get massacred
@MichaelWhite: Osborne's upbeat 7am statement one of his better performances: first officer arrives on bridge of SS Titanic while Boris pleads with iceberg
Remember these speculators are idiots. As their heavy betting on Remain recently reminded us.
"They" expected Remain and were wrong, so really what should we take from current movements? They certainly aren't useful indicators of long-term outcomes.
Pound plunges past Friday's lows to 31-year low of $1.3221
Feeling a little sick yet Brexiteers?
No.
Markets hate change.
Goldman Sachs assessment
"While we do now expect the UK to enter a technical recession in the first half of 2017, it should be a mild one by historical standards."
Given all the claims of doom by Remain prior to the vote this is much more in line with reasonable expectations.
To be honest I am still on a high and very happy with our position right now.
...but for how long Richard, how long?
Your victorious Leave team have already kicked Article 50 into the long grass - is it going to stay there forever?
In all seriousness if they do there will be huge unrest. It will destroy this country politically. Given that I am one of the more moderate leavers for whom things like immigration are not an issue can you seriously imagine what would happen with all those millions of others if the decision was made to ignore the referendum? There would be bloodshed.
Corbyn can't be around for much longer. Labour know they have the chance to utterly destroy the Tories.
Which Labour? And which Tories?
Once Corbyn is ditched Labour will unite and prove a massively effective force. The Tories are now there for the taking.
that is laughable! how will they unite with the majority of the membership spitting feathers? Corbyn or one of his allies will win any leadership contest with ease.
Now that the main parties are tearing themselves apart would be a good time for UKIP to get their forces and house in order, and make headway in the country. But I bet they don't. Farage, who is too busy arguing in Strasburg, won't have the time, they need a new leader to exploit the moment. Quickly.
I wouldn't bother with UKIP - that thing is surely finished. The very embodiment of the worst idea in British history.
In 2018/19 when we leave the EU what will UKIPS purpose be, who will be trying to gain independence from?
talking to my brother who works in Germany he's rubbing his hands. The Euro is down against the dollar so he thinks his company will have a bumper year with US sales.
Well the pound has fallen much more so International GB companies should be creaming it.
They are, which is why shares in companies like Diageo are up, and shares in companies like RBS which are dependent on the UK economy have tanked.
Do keep up, any half-sane investment manager could and did tell you this before the referendum.
Corbyn can't be around for much longer. Labour know they have the chance to utterly destroy the Tories.
Which Labour? And which Tories?
Once Corbyn is ditched Labour will unite and prove a massively effective force. The Tories are now there for the taking.
that is laughable! how will they unite with the majority of the membership spitting feathers? Corbyn or one of his allies will win any leadership contest with ease.
Nandy vs McDonnell would be great for those who have just ousted Corbyn xD
Now that the main parties are tearing themselves apart would be a good time for UKIP to get their forces and house in order, and make headway in the country. But I bet they don't. Farage, who is too busy arguing in Strasburg, won't have the time, they need a new leader to exploit the moment. Quickly.
I wouldn't bother with UKIP - that thing is surely finished. The very embodiment of the worst idea in British history.
In 2018/19 when we leave the EU what will UKIPS purpose be, who will be trying to gain independence from?
Meanwhile, out in the real world things are looking bearish.
Nah, it is project fear.
away from the bedwetting in London, here in the Midlands the people I have spoken to today are fairly sanguine
1. they expect a bit of froth and then it will settle down 2. they're fairly unrepentant saying London has ignored us for ages so now they have to sit up 3. they expect HMG ( whats left of it ) will have to now do someting to help the rest of the economy instead of always worrying about the South East or the main parties will get massacred
talking to my brother who works in Germany he's rubbing his hands. The Euro is down against the dollar so he thinks his company will have a bumper year with US sales.
The great irony is that Germany, Italy, Spain and even France are full of decent exporters, so they'll benefit from the fall of the Euro relative to the US Dollar.
Yes, quite. However I suppose the risk now is in Europe can the project hold together, you can already detect splits between some of the nation states and the EU commission. If it splits the biggest loser will be Germany industry.
Now that the main parties are tearing themselves apart would be a good time for UKIP to get their forces and house in order, and make headway in the country. But I bet they don't. Farage, who is too busy arguing in Strasburg, won't have the time, they need a new leader to exploit the moment. Quickly.
I wouldn't bother with UKIP - that thing is surely finished. The very embodiment of the worst idea in British history.
In 2018/19 when we leave the EU what will UKIPS purpose be, who will be trying to gain independence from?
It will have morphed into an anti-foreigner National Socialist Party.
This is simply astonishing by Corbyn. Good to admit I have some sneaking admiration for his stubborness
The PLP has no authority to unseat the democratically elected leader.
Simple as.
SDP2 their only option IMO
We all know that ends well for the splitters with years of Tory Government,
I guess many of the plotters would prefer that to Corbyn.
That fails to understand how a parliamentary democracy works.
A government can only hold office with the confidence of parliament. A PM can only hold office with the confidence of his MPs (and, in a minority government or coalition, the passive or active support of a sufficient number of MPs of other parties). By extension, the LotO must also retain the confidence of his own MPs. Labour isn't a pressure group, it's a government in waiting and as such must be subject to the same constitutional constraints as the real government.
Meanwhile, out in the real world things are looking bearish.
Nah, it is project fear.
away from the bedwetting in London, here in the Midlands the people I have spoken to today are fairly sanguine
1. they expect a bit of froth and then it will settle down 2. they're fairly unrepentant saying London has ignored us for ages so now they have to sit up 3. they expect HMG ( whats left of it ) will have to now do someting to help the rest of the economy instead of always worrying about the South East or the main parties will get massacred
People on here like nunu speculating about Labour 200- etc etc fail to grasp what is happening here. About know they are utterly doomed under Corbyn so are taking their chance to destroy him. They'll sort the rest out later.
The problem is if there's an early election they might not have time to sort things out.
Remember these speculators are idiots. As their heavy betting on Remain recently reminded us.
This isn't speculation. The results are in, this is the true position of the UK outwith the EU-US linkbridge.
It reflects current market sentiment — running around like Corporal Jones screaming "Don't panic!" — it doesn't tell us anything useful about the long-term outcome of leaving the EU.
talking to my brother who works in Germany he's rubbing his hands. The Euro is down against the dollar so he thinks his company will have a bumper year with US sales.
British exporters will be over the moon, their goods just got cheaper for everyone else to buy. Those of us who get paid in US$ and have a mortgage in Sterling are also not complaining too much
I have had precisely zero faith in our political elites for years. They are as incompetent as they are venal - especially those tasked with overseeing our economy and monetary systems. Sooner or later reality and the people they purport to represent were going to come crashing in. I have been telling PBers to buy gold for ages. The global establishment is starting to have its denouement. Gold is only just getting going. I'm £42,000 pounds up as of 11:00 (£38,000 of that since Brexit) but will continue to hold in the expectation of a long bull market in gold getting going. Gold is money. Fiat currencies are not.
Now that the main parties are tearing themselves apart would be a good time for UKIP to get their forces and house in order, and make headway in the country. But I bet they don't. Farage, who is too busy arguing in Strasburg, won't have the time, they need a new leader to exploit the moment. Quickly.
I wouldn't bother with UKIP - that thing is surely finished. The very embodiment of the worst idea in British history.
In 2018/19 when we leave the EU what will UKIPS purpose be, who will be trying to gain independence from?
People on here like nunu speculating about Labour 200- etc etc fail to grasp what is happening here. About know they are utterly doomed under Corbyn so are taking their chance to destroy him. They'll sort the rest out later.
There is nothing much left to sort out.
London Labour is alien to most of the country.
The country passed judgement on Thursday, just as Scotland passed judgement on Scottish Labour in September 2014.
Pound plunges past Friday's lows to 31-year low of $1.3221
Feeling a little sick yet Brexiteers?
No.
Markets hate change.
Goldman Sachs assessment
"While we do now expect the UK to enter a technical recession in the first half of 2017, it should be a mild one by historical standards."
Given all the claims of doom by Remain prior to the vote this is much more in line with reasonable expectations.
To be honest I am still on a high and very happy with our position right now.
...but for how long Richard, how long?
Your victorious Leave team have already kicked Article 50 into the long grass - is it going to stay there forever?
In all seriousness if they do there will be huge unrest. It will destroy this country politically. Given that I am one of the more moderate leavers for whom things like immigration are not an issue can you seriously imagine what would happen with all those millions of others if the decision was made to ignore the referendum? There would be bloodshed.
Quite apart from the fact that until Article 50 is invoked (and ofc two years afterwards) we are subject to all the awful things that the country has been subject to these past few decades.
Had to laugh listening to Leaver Theresa Villiers yday on Pienaar..."our economy is very strong, unemployment is low, employment is high, manufacturing is strong, etc, etc"
Made me wonder how awful having been in the EU actually has been, given how well we are doing....
Now that the main parties are tearing themselves apart would be a good time for UKIP to get their forces and house in order, and make headway in the country. But I bet they don't. Farage, who is too busy arguing in Strasburg, won't have the time, they need a new leader to exploit the moment. Quickly.
I wouldn't bother with UKIP - that thing is surely finished. The very embodiment of the worst idea in British history.
In 2018/19 when we leave the EU what will UKIPS purpose be, who will be trying to gain independence from?
It will have morphed into an anti-foreigner National Socialist Party.
Planned like a fireworks display,Angela Eagle is set to give the plotters a rousing end.She's still available at 25-1 but would have support from the LGBT community.Angela's no roman candle.Boom!
This is simply astonishing by Corbyn. Good to admit I have some sneaking admiration for his stubborness
Indeed. Reminiscent of Thatcher's "I fight on and i fight to win". Which came immediately before she threw the towel in after her entire cabinet told her the game was up.
Now that the main parties are tearing themselves apart would be a good time for UKIP to get their forces and house in order, and make headway in the country. But I bet they don't. Farage, who is too busy arguing in Strasburg, won't have the time, they need a new leader to exploit the moment. Quickly.
I wouldn't bother with UKIP - that thing is surely finished. The very embodiment of the worst idea in British history.
In 2018/19 when we leave the EU what will UKIPS purpose be, who will be trying to gain independence from?
The best scenario for everyone is that UKIP winds itself up. However, drunk on its recent 'success' I fear it will continue, sucking its lifeblood from the darker elements in society.
Meanwhile, out in the real world things are looking bearish.
Nah, it is project fear.
away from the bedwetting in London, here in the Midlands the people I have spoken to today are fairly sanguine
1. they expect a bit of froth and then it will settle down 2. they're fairly unrepentant saying London has ignored us for ages so now they have to sit up 3. they expect HMG ( whats left of it ) will have to now do someting to help the rest of the economy instead of always worrying about the South East or the main parties will get massacred
There's a fair bit of bedwetting taking place in Manchester too.
Is there any analysis showing that the rebellion is by Labour MPs in area that voted remain and those in areas that voted Leave are sticking with Corbyn?
If so, the rebels are just fighting the last war over again because they lost it.
Corbyn can't be around for much longer. Labour know they have the chance to utterly destroy the Tories.
Which Labour? And which Tories?
Once Corbyn is ditched Labour will unite and prove a massively effective force. The Tories are now there for the taking.
that is laughable! how will they unite with the majority of the membership spitting feathers? Corbyn or one of his allies will win any leadership contest with ease.
Nandy vs McDonnell would be great for those who have just ousted Corbyn xD
McDonnell would never get the nominations. I think Nandy would be someone that the party would unite around. To the left of me, but I'd vote Labour with her in charge. Against Boris or another lying Tory Leaver she'd have a decent chance.
Italian bank shares are down 27%. I am sure that this has something to do with Brexit too.
The international markets have been looking increasingly febrile for a while. The uncertainty around how and when Brexit will be implemented (don't think whether is a runner yet) is not helping but international factors are probably the biggest players.
So far as sterling is concerned, choosing him to play against Iceland is just nuts.
People on here like nunu speculating about Labour 200- etc etc fail to grasp what is happening here. About know they are utterly doomed under Corbyn so are taking their chance to destroy him. They'll sort the rest out later.
But that's the problem. Whichever way Labour is likely to go, loony left or pro-EU internationalist, the only way is down.
In all seriousness if they do there will be huge unrest. It will destroy this country politically. Given that I am one of the more moderate leavers for whom things like immigration are not an issue can you seriously imagine what would happen with all those millions of others if the decision was made to ignore the referendum? There would be bloodshed.
I wouldn't go so far as bloodshed, but, yes, you are right. The decision has been taken and that is it. It's now up to politicians to implement the decision as well as they can. Any party which tried to sabotage the process would, rightly, be slaughtered at the polls.
The no confidence motion against Corbyn will pass but so what? Corbyn may really struggle to fill his shadow cabinet but so what? If he hangs in there he will be very difficult to shift. Labour are playing with nuclear waste at the moment. Is there a spread market on how many seats they will have after the next election?
I think they've reached the point now where Corbyn could be removed through the formal process, long and cumbersome though it is, if he refuses to go. You would have to think that the unions must recognise the damage that the stand-off between the leadership and the MPs has done and that it cannot now be undone without a change of leader.
Corbyn can't be around for much longer. Labour know they have the chance to utterly destroy the Tories.
Which Labour? And which Tories?
Once Corbyn is ditched Labour will unite and prove a massively effective force. The Tories are now there for the taking.
that is laughable! how will they unite with the majority of the membership spitting feathers? Corbyn or one of his allies will win any leadership contest with ease.
Nandy vs McDonnell would be great for those who have just ousted Corbyn xD
It will be Nandy vs Corbyn and Corbyn will still win narrowly. I am not sure about the £3 voters. That was a concession last time. It was actually Harriet's decision.
Meanwhile, out in the real world things are looking bearish.
Nah, it is project fear.
away from the bedwetting in London, here in the Midlands the people I have spoken to today are fairly sanguine
1. they expect a bit of froth and then it will settle down 2. they're fairly unrepentant saying London has ignored us for ages so now they have to sit up 3. they expect HMG ( whats left of it ) will have to now do someting to help the rest of the economy instead of always worrying about the South East or the main parties will get massacred
People on here like nunu speculating about Labour 200- etc etc fail to grasp what is happening here. About know they are utterly doomed under Corbyn so are taking their chance to destroy him. They'll sort the rest out later.
The problem is if there's an early election they might not have time to sort things out.
Quite. If the Tories have any sense they'll arrange a coronation or quick election of someone uncontroversial (May, not Johnson), declare Article 50 then go back to the People in September while Labour are all still screaming at each other.
The result would probably be another Tory majority but with UKIP taking several dozen seats from Labour in their heartlands outside London.
Italian bank shares are down 27%. I am sure that this has something to do with Brexit too.
The international markets have been looking increasingly febrile for a while. The uncertainty around how and when Brexit will be implemented (don't think whether is a runner yet) is not helping but international factors are probably the biggest players.
So far as sterling is concerned, choosing him to play against Iceland is just nuts.
according to my brother Deutsche Bank has a big week coming up and the German government is bricking it.
If Benn & others resigned en masse 6 months ago, perhaps the Labour leadership might have turned up to cross party Remain events.
Hell is trying to watch BBC World News Channel. Hope all of you had fun last Friday morning. Came back from holiday to find Vote Remain & Vote Leave leaflets. Trouble was I voted by post 3 weeks earlier.
Corbyn can't be around for much longer. Labour know they have the chance to utterly destroy the Tories.
Which Labour? And which Tories?
Once Corbyn is ditched Labour will unite and prove a massively effective force. The Tories are now there for the taking.
that is laughable! how will they unite with the majority of the membership spitting feathers? Corbyn or one of his allies will win any leadership contest with ease.
Nandy vs McDonnell would be great for those who have just ousted Corbyn xD
McDonnell would never get the nominations. I think Nandy would be someone that the party would unite around. To the left of me, but I'd vote Labour with her in charge. Against Boris or another lying Tory Leaver she'd have a decent chance.
She's frighteningly young and inexperienced for this sort of situation.
This is simply astonishing by Corbyn. Good to admit I have some sneaking admiration for his stubborness
Indeed. Reminiscent of Thatcher's "I fight on and i fight to win". Which came immediately before she threw the towel in after her entire cabinet told her the game was up.
Thatcher was intelligent though and did have people around her prepared to tell her the truth. Corbyn lacks both attributes. He is not very bright and surrounds himself with his fellow travellers.
Meanwhile, out in the real world things are looking bearish.
Nah, it is project fear.
away from the bedwetting in London, here in the Midlands the people I have spoken to today are fairly sanguine
1. they expect a bit of froth and then it will settle down 2. they're fairly unrepentant saying London has ignored us for ages so now they have to sit up 3. they expect HMG ( whats left of it ) will have to now do someting to help the rest of the economy instead of always worrying about the South East or the main parties will get massacred
People on here like nunu speculating about Labour 200- etc etc fail to grasp what is happening here. About know they are utterly doomed under Corbyn so are taking their chance to destroy him. They'll sort the rest out later.
The problem is if there's an early election they might not have time to sort things out.
Quite. If the Tories have any sense they'll arrange a coronation or quick election of someone uncontroversial (May, not Johnson), declare Article 50 then go back to the People in September while Labour are all still screaming at each other.
The result would probably be another Tory majority but with UKIP taking several dozen seats from Labour in their heartlands outside London.
I don't think UKIP will win too many seats. But , like Normanton last time, take enough votes from Labour and give it to the Tories.
Italian bank shares are down 27%. I am sure that this has something to do with Brexit too.
The international markets have been looking increasingly febrile for a while. The uncertainty around how and when Brexit will be implemented (don't think whether is a runner yet) is not helping but international factors are probably the biggest players.
So far as sterling is concerned, choosing him to play against Iceland is just nuts.
Has Sturgeon offered to bailed them out in communitarian spirit ?
If Benn & others resigned en masse 6 months ago, perhaps the Labour leadership might have turned up to cross party Remain events.
Hell is trying to watch BBC World News Channel. Hope all of you had fun last Friday morning. Came back from holiday to find Vote Remain & Vote Leave leaflets. Trouble was I voted by post 3 weeks earlier.
Hell is trying to keep MPs' wikipedia biographies up to date.
@SamCoatesTimes: A plan for Brexit? No, not yet. Vote Leave's Matthew Elliott tells CNBC key players need "to go on holiday" first. https://t.co/pBx4eijMyb
Meanwhile, out in the real world things are looking bearish.
Nah, it is project fear.
away from the bedwetting in London, here in the Midlands the people I have spoken to today are fairly sanguine
1. they expect a bit of froth and then it will settle down 2. they're fairly unrepentant saying London has ignored us for ages so now they have to sit up 3. they expect HMG ( whats left of it ) will have to now do someting to help the rest of the economy instead of always worrying about the South East or the main parties will get massacred
People on here like nunu speculating about Labour 200- etc etc fail to grasp what is happening here. About know they are utterly doomed under Corbyn so are taking their chance to destroy him. They'll sort the rest out later.
The problem is if there's an early election they might not have time to sort things out.
Quite. If the Tories have any sense they'll arrange a coronation or quick election of someone uncontroversial (May, not Johnson), declare Article 50 then go back to the People in September while Labour are all still screaming at each other.
The result would probably be another Tory majority but with UKIP taking several dozen seats from Labour in their heartlands outside London.
Act in haste, repent at leisure. I want the Tories to elect a leader - not knee-jerk one.
Pound plunges past Friday's lows to 31-year low of $1.3221
Feeling a little sick yet Brexiteers?
No.
Markets hate change.
Goldman Sachs assessment
"While we do now expect the UK to enter a technical recession in the first half of 2017, it should be a mild one by historical standards."
Given all the claims of doom by Remain prior to the vote this is much more in line with reasonable expectations.
To be honest I am still on a high and very happy with our position right now.
...but for how long Richard, how long?
Your victorious Leave team have already kicked Article 50 into the long grass - is it going to stay there forever?
In all seriousness if they do there will be huge unrest. It will destroy this country politically. Given that I am one of the more moderate leavers for whom things like immigration are not an issue can you seriously imagine what would happen with all those millions of others if the decision was made to ignore the referendum? There would be bloodshed.
Meanwhile, out in the real world things are looking bearish.
Nah, it is project fear.
away from the bedwetting in London, here in the Midlands the people I have spoken to today are fairly sanguine
1. they expect a bit of froth and then it will settle down 2. they're fairly unrepentant saying London has ignored us for ages so now they have to sit up 3. they expect HMG ( whats left of it ) will have to now do someting to help the rest of the economy instead of always worrying about the South East or the main parties will get massacred
Italian bank shares are down 27%. I am sure that this has something to do with Brexit too.
The international markets have been looking increasingly febrile for a while. The uncertainty around how and when Brexit will be implemented (don't think whether is a runner yet) is not helping but international factors are probably the biggest players.
So far as sterling is concerned, choosing him to play against Iceland is just nuts.
according to my brother Deutsche Bank has a big week coming up and the German government is bricking it.
Continental banks are in an even worse way than ours. There is a real risk of a repeat of 2008.
Italian bank shares are down 27%. I am sure that this has something to do with Brexit too.
The international markets have been looking increasingly febrile for a while. The uncertainty around how and when Brexit will be implemented (don't think whether is a runner yet) is not helping but international factors are probably the biggest players.
So far as sterling is concerned, choosing him to play against Iceland is just nuts.
according to my brother Deutsche Bank has a big week coming up and the German government is bricking it.
Deutsche Bank is basically RBS x 10... It's going to go and when it does Germany will have to pick up the mess by itself...
Corbyn can't be around for much longer. Labour know they have the chance to utterly destroy the Tories.
Which Labour? And which Tories?
Once Corbyn is ditched Labour will unite and prove a massively effective force. The Tories are now there for the taking.
that is laughable! how will they unite with the majority of the membership spitting feathers? Corbyn or one of his allies will win any leadership contest with ease.
Nandy vs McDonnell would be great for those who have just ousted Corbyn xD
McDonnell would never get the nominations. I think Nandy would be someone that the party would unite around. To the left of me, but I'd vote Labour with her in charge. Against Boris or another lying Tory Leaver she'd have a decent chance.
Nandy is only a wee slip of a girl at just 36 years of age. Need someone older with more experience surely?
Corbyn can't be around for much longer. Labour know they have the chance to utterly destroy the Tories.
Which Labour? And which Tories?
Once Corbyn is ditched Labour will unite and prove a massively effective force. The Tories are now there for the taking.
that is laughable! how will they unite with the majority of the membership spitting feathers? Corbyn or one of his allies will win any leadership contest with ease.
Nandy vs McDonnell would be great for those who have just ousted Corbyn xD
McDonnell would never get the nominations. I think Nandy would be someone that the party would unite around. To the left of me, but I'd vote Labour with her in charge. Against Boris or another lying Tory Leaver she'd have a decent chance.
She's frighteningly young and inexperienced for this sort of situation.
Lisa Nandy never went to Oxbridge, which will damn her in the eyes of the Establishment.
Comments
Those of us who get paid in US$ and have a mortgage in Sterling are also not complaining too much
@rottenborough I wouldn't be remotely surprised if Article 50 ended up being kicked into the long grass and in the end we end up not formally leaving the EU.
Reasonable expectations and a price worth paying = a "mild" recession next year. Did we hear that pre-vote?
https://twitter.com/janemerrick23/status/747374237699215360
1. they expect a bit of froth and then it will settle down
2. they're fairly unrepentant saying London has ignored us for ages so now they have to sit up
3. they expect HMG ( whats left of it ) will have to now do someting to help the rest of the economy instead of always worrying about the South East or the main parties will get massacred
They will take 10-15% of Leavers with them. The rest can scream and shout. They will say that is the "responsible" position now in this "turmoil".
Who created the turmoil in the first place ?
Corbyn or one of his allies will win any leadership contest with ease.
Do keep up, any half-sane investment manager could and did tell you this before the referendum.
Interesting times indeed.
Daily Mail wouldnt be able to say he "hated his country"like Miliband now could they?
A government can only hold office with the confidence of parliament. A PM can only hold office with the confidence of his MPs (and, in a minority government or coalition, the passive or active support of a sufficient number of MPs of other parties). By extension, the LotO must also retain the confidence of his own MPs. Labour isn't a pressure group, it's a government in waiting and as such must be subject to the same constitutional constraints as the real government.
London Labour is alien to most of the country.
The country passed judgement on Thursday, just as Scotland passed judgement on Scottish Labour in September 2014.
Labour is a crap brand. Permanently fucked.
Had to laugh listening to Leaver Theresa Villiers yday on Pienaar..."our economy is very strong, unemployment is low, employment is high, manufacturing is strong, etc, etc"
Made me wonder how awful having been in the EU actually has been, given how well we are doing....
If so, the rebels are just fighting the last war over again because they lost it.
Ta muchly.
The international markets have been looking increasingly febrile for a while. The uncertainty around how and when Brexit will be implemented (don't think whether is a runner yet) is not helping but international factors are probably the biggest players.
So far as sterling is concerned, choosing him to play against Iceland is just nuts.
The result would probably be another Tory majority but with UKIP taking several dozen seats from Labour in their heartlands outside London.
If Benn & others resigned en masse 6 months ago, perhaps the Labour leadership might have turned up to cross party Remain events.
Hell is trying to watch BBC World News Channel. Hope all of you had fun last Friday morning. Came back from holiday to find Vote Remain & Vote Leave leaflets. Trouble was I voted by post 3 weeks earlier.
I'm being despatched to France for the rest of the week.
@SamCoatesTimes: A plan for Brexit? No, not yet. Vote Leave's Matthew Elliott tells CNBC key players need "to go on holiday" first. https://t.co/pBx4eijMyb
https://twitter.com/adambienkov/status/747378357403254784