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Once the full impact of the pounds devaluation kicks in i expect it to head north of the bank of England's forecast. May wants to put up interest rates too. I expect a lot of products,services and mortgages to get dearer next year.
And even before article 50 is triggered the ordinary punter (many who voted leave) will take a shafting in my opinion.
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18-10-2016, 21:17
(This post was last modified: 18-10-2016, 22:04 by 0762.)
What you are 'missing' is that the Scottish gov is practising good pragmatic politics up here that have been accepted by the majority of the Scottish electorate for long enough. They project what I'd call 'outward internationalism' that encompasses many fundamental principles of a tolerant, pluralist society in Scotland - very different from what we're observing south of the border!! Hence their success in the vote and the belief that they do genuinely represent the interests of our country. There was always gonna be a 'dip in the vote' at some point and that has indeed happened but I'd argue that they are 'still in a good place' and will strengthen up again - it's ultimately their policies and performance in gov that will enhance their positive status.
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Aye! A SNLP without Kezia Dugdale who is an absolute embarrassment to the party - one of a series of so called 'leaders' who came nowhere close to attaining the reputation and respectability that is required in order to come close to the First Minister's position!
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21-10-2016, 23:53
(This post was last modified: 21-10-2016, 23:53 by 0762.)
And the Scottish Green Party confirms it's endorsement of the SNP's consultation on the possibility of staging Scottish Indy 2, mainly because of the 'conflict of interest' between the referendum of 2014 and this recent one that amazingly gave Brexit the 'green light'! Meanwhile our current UK PM, Theresa May says the Scottish govt has no mandate to initiate such a move. I think Nicola should counter that statement by saying she has no mandate to activate article 50 either in the eyes of millions of folk within the UK electorate!
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22-10-2016, 18:54
(This post was last modified: 09-12-2016, 23:58 by 0762.)
I've picked up on this debate before re there no doubt being more trade outlets with eg China and Japan, potentially trillions of quid but this is all speculative stuff! What interests me is the degradation of trade with our biggest market place (also trillions of quid!) and what I suspect will eventually be proved to be a negative deficit after markets destabilise and then stabilise, lotsa businesses 'ditch' the UK to continue with trading within a market that is 'right on their doorstep'. This side of the financial debate is already being studied by various reputable agencies and we'll eventually perceive the stark reality of all the 'different scenarios' that can be attached to Brexit and it's implications on our economy and future prosperity!
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Was something on the radio earlier about how the EU are going to offer british people the chance to 'opt in' individually as EU citizens.