By Euro Weekly News Media • Published: 25 Jun 2016 • 9:50
JUST one day into Britain’s uncertain path towards a full break from the EU, with $2 trillion wiped off global markets, the pound crashing, and Scotland preparing legislation for a second independence referendum, the leaders of the Brexit movement have come under fire after appearing to renege on key campaign promises.
Within hours of the result Nigel Farage distanced himself from the controversial claim that Britain would save £350 million pounds per week by leaving the EU, while eurosceptic MEP Daniel Hannan suggested that immigration levels, the crux of the Brexit campaign, could remain essentially unchanged.
“Frankly, 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,” the Tory commented on June 25, adding that he had never personally suggested that EU nationals in the UK would see a change in their status.
Meanwhile, as Moody’s lowered the outlook for the UK’s credit rating from stable to negative, leading leaver Liam Fox suggested that there was no rush to activate article 50 to initiate the divorce negotiations.
“I think that it doesn’t make any sense to trigger article 50 without having a period of reflection first, for the cabinet to determine exactly what it is that we’re going to be seeking and in what timescale.”
The Conservative MP’s remarks echo those of potential future prime minister Boris Johnson who said there was “no haste” to begin negotiations, a claim that provoked the ire of senior EU officials eager to see Brexit quickly done and dusted.
EU Parliament president Martin Schulz has come out in favour of a fast negotiation process, lamenting that if Article 50 is not triggered until October then “a whole continent is taken hostage because of an internal fight in the Tory party.”
“Britons decided yesterday that they want to leave the European Union, so it doesn’t make any sense to wait until October to try to negotiate the terms of their departure,” said European Commission president Jean-Claude Juncker.
EU leaders are keen to act before growing anti-EU sentiment across the continent sees calls for further referendums, likely weakening their hand any future Brexit deal.
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Don’t let us forget that the slogan on the bus of the potential UK Pime Minister Boris Johnson also carried save ã350 million which was a lie along with the immigration statement regarding Turkey. Can you trust this man as Prime Minister as he to should in public withdraw these statements so that the leavers can see what and who they voted for.
Why don’t you just sit back and see what happens, there are lots of things being thrown around in the media and everyone is worried about how things move forward, even some of those that voted to leave. This is normal but continual scare stories and negative reporting does not make the transition or markets get better but only hinders that, shame the media was not a bit more responsible or interested in the transition through such a unknown time and look at reporting on the positives rather than the negatives that are unknown!
Interesting read:How the markets got it so wrong on Brexit!
http://www.politico.eu/pro/bankers-brexit-train-wreck-banks-eu-referendum-leave-european-union-consequences/
Yes and the markets where recovering by second day, not massively but recovering!
Quoted politico web site: Obama after trying to scare voters has said there is still a special relationship and that Sen. Johnny Isakson has said we been trading for years and doesnâÂÂt see any reason to stop now adding he would be happy to create a trade deal with UK and that he feels it would be easier than the one they are trying to do with EU now which BTW has run into more problems slowing that down even more! A trade deal with the U.K. could be relatively easy to negotiate and then sell to lawmakers and the public. The prize would be reducing tariffs and other regulatory barriers the U.K. would likely have as a holdover from EU policies. WeâÂÂre interested in having free trade with anybody,” Senate Finance Chairman Orrin Hatch (R-Utah) said when asked about the prospects of a two-way agreement post-Brexit.âÂÂWe should now begin to discuss a modern, new trade agreement with the U.K that not only continues but expands the level of trade between our two nations”
I see Mexico has a draft deal ready for UK approval⦠already! I am sure there will be many more countries knocking on the door of the UK before long with their own drafts.
No one stated zero immigration from EU, what has been suggested is an Australian type points system where UK decides who we need and control those needs as we need them, that means accepting people from EU and outside but on a fair level relative to UK needs.
So, if we need more Doctors then the points given to a Dr. are higher, say 100 points are needed, a Dr. for being a Dr. might have 60 points, experience 10 points etc. but when as we need less Doctors then they get less points. This would be the same for other workers so maybe an electrician would get 5 points and another 5 for experience etc. so no electricians would be granted entry to work. Its actually a very good sensible system and allow us to let in those people we need and keeps out those we already have enough of and so protects those workers already with a job.
UKâÂÂs credit rating from stable to negative is something that was expected, in fact many believe that the reason there was such an initial drop was because of Osborn scaremongering, if he and others hadn’t done that then the markets would not have reacted so brutally… basically Osborn scared the shit out of them… BTW, anyone seen him recently? 😉 lol
Quote “… likely weakening their hand (in) any future Brixit deal.” Unquiote.
No, no, no … these guys are presently settled into a salary and perks curve that will make them millionaires in five years. They have to be messing their underpants in their fear that one of the fall-outs of the UK Brexit vote will maybe hit their personal pay cheques if this “UK business” can’t be got our of the way pretty damn quick. Verdad.
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