FTSE 250

[AtW]

Exactly.

Also ...

- Article 50 can only be triggered by a vote in Parliament.
- 75% of MPs don't want a Brexit.
- The rules change in April 2017 - 14 EU member states will have to give permission for the UK to go.

The markets realise this, hence the rally.

So, if Article 50 is never triggered then UK may never be able to leave? I guess that's when Boris will blame the EU

I am pretty sure Cons can whip up majority to get vote for exit, some Labour would join in.

[SueEllen]

There's no going back now, we're on the naughty step of Europe Germany and France, to let us back in would send a clear message to any other nations thinking of leaving that the The E.U. Germany and France, are weak and that they have to reform to better consider the needs of it's members diverse spectrum of people.

Which they aren't and won't. Obviously.

I was joking before the referendum that we may have two bites at it.

The clever PM who does the next one will ensure that all the UK regions want to leave before it's done, and obviously the question will be different so it's a "different" referendum.

[SantaClaus]

So, if Article 50 is never triggered then UK may never be able to leave? I guess that's when Boris will blame the EU

I am pretty sure Cons can whip up majority to get vote for exit, some Labour would join in.

Neither Conservative nor Labour MPs could organise a piss up in a brewery at present.

Boris knows he is holding a poison chalice - you just had to see the expression on his face the day after the referendum. He looked like somebody had played an awful Etonian trick on him

[NotAllThere]

                 Jun 23. Jun 24. Jun 29.
SMI(CHF)           8023	   7639    7978
DAX(€)            10247	   9416	   9612
EURONEXT 100(€)     878	    801	    835
FTSE100(£)         6334	   5926	   6336
FTSE250(£)        17294	  16002	  15982
			
SMI(CHF)                 -4.79%	 -0.56%
DAX(€)                   -8.11%	 -6.20%
EURONEXT 100(€)          -8.77%	 -4.90%
FTSE100(£)               -6.44%	  0.03%
FTSE250(£)               -7.47%	 -7.59%
			
SMI($)             8385	   7874	   8138
DAX($)            11650	  10474	  10685
EURONEXT 100($)     998	    891	    928
FTSE100($)         9373	   8084	   8440
FTSE250($)        25592	  21830	  21289
			
SMI($)                   -6.10%	 -2.95%
DAX($)                  -10.09%	 -8.29%
EURONEXT 100($)         -10.74%	 -7.02%
FTSE100($)              -13.75%	 -9.96%
FTSE250($)              -14.70%	-16.81%

The percentage values are measured against the 23rd June.

In their own currencies, it looks like the FTSE hasn't done brilliantly, but it's not too bad. However, taking into account forex before making the comparison (converting values to $, assuming the US markets were not too affected by Brexit), you can see that the UK is really not doing well on the international level. Day exchange rates taken from xe.com

If you cast into Japanese Yen, Europe isn't doing well, but the UK is doing worst.

                Jun 24. Jun 29. 
SMI	        -10.50%	 -8.35%
DAX		-14.99%	-13.63%
EURONEXT 100	-15.60%	-12.43%
FTSE100		-23.16%	-20.31%
FTSE250		-24.01%	-26.38%

If you think everything is fine because the FTSE is slightly up, then I suspect you are cherry-picking your data.

[mudskipper]

I read this article with interest from a Brexiter.

Brexit won't happen in the end – here's why | Voices | The Independent

DISCUSS.

"This, on top of what David Cameron managed to secure...."

What Cameron managed to secure is no longer secured.

"13. We note in this context that the Conclusions of the 18–19 February 2016 European Council, at which the terms of the ‘New Settlement for the United Kingdom within the European Union’ were agreed, stated that “should the result of the referendum in the United Kingdom be for it to leave the European Union, the set of arrangements referred to [regarding the ‘New Settlement’] will cease to exist”. In other words, the outcome of the recent renegotiation of the UK’s membership terms will, in the event of a vote to leave the EU, fall the moment the result of the referendum is known"

http://www.publications.parliament.u...om/138/138.pdf

[MyUserName]

- Article 50 can only be triggered by a vote in Parliament.
- 75% of MPs don't want a Brexit.
- The rules change in April 2017 - 14 EU member states will have to give permission for the UK to go.

Got a source for that?

[MarillionFan]

Got a source for that?

Www.madeupstatsandquotes.com

[NotAllThere]

Got a source for that?

EU vote: Where the cabinet and other MPs stand - BBC News

Count of MPs declared positions as of 22nd June. Of those that declared their position (637 out of 650), 75% were in favour of remain.

[MyUserName]

EU vote: Where the cabinet and other MPs stand - BBC News

Count of MPs declared positions as of 22nd June. Of those that declared their position (637 out of 650), 75% were in favour of remain.

Awesome! Thanks

[CretinWatcher]

"This, on top of what David Cameron managed to secure...."

What Cameron managed to secure is no longer secured.

"13. We note in this context that the Conclusions of the 18–19 February 2016 European Council, at which the terms of the ‘New Settlement for the United Kingdom within the European Union’ were agreed, stated that “should the result of the referendum in the United Kingdom be for it to leave the European Union, the set of arrangements referred to [regarding the ‘New Settlement’] will cease to exist”. In other words, the outcome of the recent renegotiation of the UK’s membership terms will, in the event of a vote to leave the EU, fall the moment the result of the referendum is known"

http://www.publications.parliament.u...om/138/138.pdf

Well that's a shame.
It got drowned out in all the noise but one thing he managed to secure was that Britain would never be part of the political union, and I quote, "in perpetuity". This would be written into the treaty.
Thus removing one huge concern that many (including me) had.
Shame that no one knew about it as they were too busy being shouty,