In or Out Exit Poll

[Bing]

I fear another Scottish referendum is coming. In many ways we're a seriously divided nation, and that map of yellow and blue speaks volumes.

I think the next few years are going to be even less fun than the last 8. But what's done is done, we're a democracy and the votes are in, let's see what happens. Don't interpret that view as positivity and optimism though...

 

[Bing]

Duplicate post...

 

[jakblade]

We'll have to embrace the fact that we're out and see what the coming years have to offer.

There's one hell of a lot of Countries out of the EU who do very well for themselves and still trade with the EU in billions, there's also lots who are on their arses with poverty and financially but the UK has never been on it's arse.

It's the beginning of a process leaving the EU and not doom and gloom that some 'big wigs' are predicting.

And new page in the long history of this Great Britain....indeed things need time to sort themselves out but the sky hasn't fallen in and I've heard no reports of the seas boiling . So let's just forget ahead...... Once more unto the breach my friends, once more.

 

[dans6490]

All the people who "predicted" we would definitely stay are now "predicting" the "definite" consequences. Just like they did on the last recession.....actually, ignore that bit.

The government............now they're listening. Maybe they should have done that long ago. That's the real issue here, out of touch with the people.

The leave vote could've also been higher as many people were torn between the two, many weren't staunch remain voters but just fell that side of the fence.

 

[RickRob]

It is a concern that the UK's population is so divided on such an important issue.

I voted out on the simple basis that the EU set out to reach an ultimate destination of becoming the "United States of Europe"' but it has been clear for some time that very few of the member states now have that objective. Hence we - Europe - have been in the worst of all places for some years now, on a road that is not taking us anywhere. My guiding principle has always been to recognise it when something is not working, ideally sooner rather than later, and to do something about it. That's what the UK has done.

I suspect that if someone could work out how a country in the Eurozone could revert to having a national currency, then there would be a lot more countries having second thoughts about being part of the EU.

Change is difficult, but in my opinion the prize is worth the pain.

Here endeth my most serious post on the forum, which probably says more about the previous posts than this one!

 

[Angie4m]

Definitely Bing. Sturgeon will undotubly call for it but not so sure that's the answer really. Although it would remove and stop me wanting to plow through the illegal camp in Holyrood Park.

It could be a great thing for the UK and yes it will take a couple of years to come out of the EU but before then we do have to be prepared for things to cost more. The pound fell to its lowest since 1985 overnight, that in itself speaks volumes about how the rest of the world view what has happened. It also has been having a negative impact on shares for the past few months. Investments rallied after last Thursday and had got back into a good position but you can bet your bottom dollar this morning when the FTSE opens, things will fall and continue to do so for days.

I've witnessed in the last month more and more people with all types of investment put it into cash where they can in fear of what was going to happen. Some would rather face a potentially large capital gains bill instead of losing tens of thousands of pounds from their investment portfolios which inevitably is to fund their retirement in later life.

The knock on effect will start to be felt now, not in two years time when we leave but now. Fuel will more than likely increase and that's a given if the drop in the pound remains or goes even further. Imported items will become more expensive, businesses exporting will get less in real terms for their products. That in turn means that they either need to raise their prices in order to recoup those losses, loose business and/or cut their wage bill.

interest rates, they may rise a lot sooner than expected. It was predicted that house prices will fall and if they do it may in turn cause a bubble like the late 80s. Great for people wanting on the ladder, assuming they can find a bank to lend if there is major uncertainty around jobs and how the removal from the EU will play out.

But I'm gonna look at this optimistically at the moment and see how this all goes. I suppose it's like everything. It's what you make of it.

 

[dans6490]

Imagine if you used all your savings to buy euros yesterday at 1.3 and then used it to buy sterling at 1.2 today.

Now that what I call a "prediction".

 

[John002]

I fear another Scottish referendum is coming. In many ways we're a seriously divided nation, and that map of yellow and blue speaks volumes.

I think the next few years are going to be even less fun than the last 8. But what's done is done, we're a democracy and the votes are in, let's see what happens. Don't interpret that view as positivity and optimism though...

Bing I reckon the rest of Europe will follow. There may be no need for a referendum.

 

[jimbo1958]

Cameron about to make a statement with rumours that he is to announce he is leaving office.

 

[PerryGunn]

Definitely Bing. Sturgeon will undotubly call for it but not so sure that's the answer really.

She may call for it, but any referendum would have to be agreed by Westminster - which is unlikely with the EU exit negotiations taking priority. In addition, Westminster could argue that, as the SNP didn't have a second referendum as part of their election manifesto, they don't have a public mandate...

I still find it odd that Sturgeon wants to leave one union but remain a member of another, larger, one where Scotland would have even less say in overall policy. Once the UK invokes article 50, Scotland is leaving the EU - so, if there was another referendum (and the Scots voted for it) an independent Scotland would definitely have to reapply which would take years and means they'd have to adopt the Euro...

The pound fell to its lowest since 1985 overnight, that in itself speaks volumes about how the rest of the world view what has happened.

The money markets ran for the safe haven of the US$, as a consequence the Pound dropped over 10% against the dollar - obviously an over-reaction as it's already rallied and regained a quarter of the drop

It also has been having a negative impact on shares for the past few months. Investments rallied after last Thursday and had got back into a good position but you can bet your bottom dollar this morning when the FTSE opens, things will fall and continue to do so for days.

Have to see about that one - the futures market is betting that it'll open 8% lower. As for dropping for days... it's probably a good thing that today's a Friday, the weekend will give the markets a couple of days to properly digest the news

 

[Angie4m]

Valid points Perry. I defiantly think we just need to wait and see what happens next. The markets will need time and I do think the impact will be around for a few days but investors might see this as a great time to buy back up stock they maybe offloaded in the last few weeks at a higher price.

There is a lot of chat out there from businesses wanting to know how this is going to effect them, what the plan is and really we don't know anything at this stage.

Like I said, I'm going to just embrace it and see what happens.

 

[pvr]

Just off to the bank to cash my USD cheques I have kept for the last two months ... 8)

Joking apart - I find this very serious and unpredictable. There will be a lot of disappointed people over the years when the migrants keep coming (look at the bloke walking the tunnel being allowed to stay - nothing to do with the EU). Secondly, the NHS won't get a penny more as the fall in financial markets mean that the government income will reduce as well.

Surprising looking at the age of the leave-votiers, as they are pension-approaching age - I guess they have not realised that their pension has just been decimated....

On the upside, I can soon apply for a British passport then and keep my Dutch one as well, best of both worlds.

 

[mmm-five]

Looks like my missed vote didn't matter in the end as my area voted 'IN' by 58% to 42%.

 

[pvr]

Looks like my missed vote didn't matter in the end as my area voted 'IN' by 58% to 42%.

Isn't it a total count rather than by area / council?

 

[Angie4m]

Imagine if you used all your savings to buy euros yesterday at 1.3 and then used it to buy sterling at 1.2 today.

Now that what I call a "prediction".

Just like selling shares yesterday at 79p more than they are worth today.

You will be surprised how many people will have sold down investments and/or invested in Euros and Dollars by close of play yesterday.

 

[Angie4m]

Looks like my missed vote didn't matter in the end as my area voted 'IN' by 58% to 42%.

Isn't it a total count rather than by area / council?

Correct. All votes were counted. They just broke it down to area by area as that's how the votes were cast.

Cameron about to make a statement with rumours that he is to announce he is leaving office.

Sad times.

People are learning this morning that some of the things the Remain campaign was true and that some of the tripe the Leave campaign have told is now not really what they ment/it has been misrepresented. Great! People voted based on that!

If the age polls are to be believed then yes a lot of older people who may only have to live with this decision for a substantially less amount of time made this decision. But a lot of people voting leave didn't believe there would be an economic impact.

The story of the 90 odd year old voting to leave, actually annoyed me. Sorry I know everyone has the right to vote but c'mon she might have popped off before we've officially left! But that's her legacy to any heirs she may have for generations to come.

 

[dans6490]

Imagine if you used all your savings to buy euros yesterday at 1.3 and then used it to buy sterling at 1.2 today.

Now that what I call a "prediction".

Just like selling shares yesterday at 79p more than they are worth today.

You will be surprised how many people will have sold down investments and/or invested in Euros and Dollars by close of play yesterday.

What surprises me is that more people didn't :wink:

 

[mmm-five]

People are learning this morning that some of the things the Remain campaign was true and that some of the tripe the Leave campaign have told is now not really what they ment/it has been misrepresented. Great! People voted based on that!

No different to any other election in the country's history then

 

[Angie4m]

People are learning this morning that some of the things the Remain campaign was true and that some of the tripe the Leave campaign have told is now not really what they ment/it has been misrepresented. Great! People voted based on that!

No different to any other election in the country's history then

Very true. All elections are important but this one is just a teeny bit more important than any other before. People are dangerous but it's done now.

 

[stuartC]

Warning. Vehicle reversing. Warning. Vehicle reversing.....