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[Merged]Brexit stuff

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    Originally posted by Paddy View Post
    A Government Concession on Brexit Has Sent the Pound Surging (well about 1%)

    May's Lawyer Admits Parliament May Vote on Brexit Deal; Pound Surges


    Ratify this:

    Ratify, we're out (on agreed terms).
    Don't ratify: we're out (on WTO terms at the end of the negotiation period or through ratification via a GE).

    The movements in the pound today are minor in the scheme of things and are more related to the inflation beat than this (non) event.

    Comment


      Originally posted by Old Greg View Post
      Fantastic! Does it give Canadian financial institutions passporting rights as well?
      Bump. Any update, anyone?

      Comment


        Originally posted by jamesbrown View Post


        Ratify this:

        Ratify, we're out (on agreed terms).
        Don't ratify: we're out (on WTO terms at the end of the negotiation period or through ratification via a GE).

        The movements in the pound today are minor in the scheme of things and are more related to the inflation beat than this (non) event.
        Spot on.

        One of the 'Quality' papers didn't quite grasp this. As far as I'm aware, once we give notice, we're out. If we agree terms, that's the agreement. If we don't, it's a hard Brexit.

        Comment


          Originally posted by Old Greg View Post
          Bump. Any update, anyone?
          Passporting is only applicable to EEA countries.

          It has the equivalent. It includes provision of financial and other services both ways.

          It permits temporary relocation of staff between Canada and the EU.

          Comment


            Originally posted by d000hg View Post
            You don't think we'll leave?
            Not in the way you think. The markets seems to agree, pound has shot up today on the news MP's must be allowed to vote on the type of Wrexit.

            Clearly MP's are not going to vote for the Wrexit Brexiters were thinking of. So, yeah, game over.
            "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

            Comment


              Originally posted by scooterscot View Post
              Not in the way you think. The markets seems to agree, pound has shot up today on the news MP's must be allowed to vote on the type of Wrexit.

              Clearly MP's are not going to vote for the Wrexit Brexiters were thinking of. So, yeah, game over.
              Yeah, game over. WTO brexit it is.

              Comment


                Originally posted by GB9 View Post
                Spot on.

                One of the 'Quality' papers didn't quite grasp this. As far as I'm aware, once we give notice, we're out. If we agree terms, that's the agreement. If we don't, it's a hard Brexit.
                Face it, your camp is doomed. Ya all be soon following UKIP out the door to oblivion.

                "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

                Comment


                  Originally posted by GB9 View Post
                  Passporting is only applicable to EEA countries.

                  It has the equivalent. It includes provision of financial and other services both ways.

                  It permits temporary relocation of staff between Canada and the EU.
                  So Canada has equivalent "rights" to the EEA countries? That's great news!

                  Comment


                    Originally posted by Old Greg View Post
                    So Canada has equivalent "rights" to the EEA countries? That's great news!
                    Canadian companies have the right to act in the same way as EU companies without predujice. This includes setting up companies or divisions within the EU. And EU countries have similar access to Canada.

                    Comment


                      Originally posted by scooterscot View Post
                      Face it, your camp is doomed. Ya all be soon following UKIP out the door to oblivion.

                      Yes dear.

                      Comment

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