Its weaker without us.
"IMF says global debt tops $152 trillion, urges some to spend more" - http://www.reuters.com/article/idUSKCN1252HK
Is there no end to the complete and utter nonsense that these so called experts spout.
Article 50 gets us out of the single market. The Repeal Act, if it is passed by the Commons and the Lords, repeals the UK Acts that made EU Directives law over here, apart from the ones the government gets Parliament to agree to.
1. So if Article 50 is invoked we leave the EU.
2. The new Great Repeal Bill will incorporate all EU laws into British law on the day the U.K. leaves the bloc
3. With the ECA 1972 act, all EU directives will continue becoming law over here until it is re-appealed.
Effectively, we need 1 and 3 to be passed??? What is the Great Repeal Bill for then?
Still not clear. I'm ready to roll over and die I think.
1. Yes.
2. Not necessarily all laws, just the ones Parliament agrees to. The others will be repealed.
3. Yes.
The Great Repeal Bill, which will become law as the Great Repeal Act, will cancel the UK legislation that Parliament doesn't like. The other laws we have that were passed because of EU Directives will remain in force. A UK Act can only be repealed by another UK Act, and an Act that isn't repealed stays in force, they never expire - some of them are centuries old but they still apply.
In theory, the government could trigger Article 50 and take us out of the EU while Parliament stopped them repealing a single law resulting from EU membership. How ironic that would be. Won't happen though.
1.33
You watch Bloomberg..........lol....lol.....lol..................WHY....:?:
Good call CV!!! :cheesy:
http://www.trade2win.com/boards/foyer/217408-brexit-consequences-47.html#post2789894
When the Home Secretary says foreign workers should not be allowed “take the jobs that British people should do”. What does "should" mean. Is the foreign worker on minimum wage taking a job that some British person on benefits would do ? Confused
Yes, the problem with unskilled migration from the EU is that wages at the lower end become artificially depressed which has a knock on effect that if a job pays so little in comparison to claiming benefits, then this becomes a lifestyle choice as opposed to a safety net.
The way to deal with this issue is to reduce benefits and at the same time reduce migration which in turn reduces the artificial competition for low end jobs.
Yes, the problem with unskilled migration from the EU is that wages at the lower end become artificially depressed which has a knock on effect that if a job pays so little in comparison to claiming benefits, then this becomes a lifestyle choice as opposed to a safety net.
The way to deal with this issue is to reduce benefits and at the same time reduce migration which in turn reduces the artificial competition for low end jobs.
I think the government has missed a trick here and is on a PR nightmare.
Don't get me wrong I do like Theresa May thus far but she is in danger of selling London's finance down the shoot same as Thatcher did with manufacturing.
Government should listen to a very valuable industry and heed their requests and advice. It's a little like crises management.
Allowing migrant issue to dictate UK policy ahead of all else doesn't bode well for our economic well being imo.
Isnt it fairly clear that this vote was only ever really about migration and economic arguments are fairly unsound