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Referendum - Leave likely to win - GBP Down

Posted: Fri 24 Jun 2016 5:09 am
by Soner
BBC have stated that Remain votes have no chance of overtaking the lead of the Leave votes.

GBP against TRY current down to 3.99TL

Re: Referendum - Leave likely to win - GBP Down

Posted: Fri 24 Jun 2016 5:16 am
by erol
No point is crying over spilt milk. What's done is done and now we have to make the best of it but I am reminded of the adage 'be careful what you wish for, you may get it'.

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Posted: Fri 24 Jun 2016 5:22 am
by WotNoDeeds
'victory for real people'


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Posted: Fri 24 Jun 2016 5:31 am
by thornaby
Out, thank goodness!

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Posted: Fri 24 Jun 2016 5:40 am
by Geoff1131
The people have spoken.

I just hope the remain camp accept this vote for what it is. The decision of the MAJORITY of UK voters.

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Posted: Fri 24 Jun 2016 5:48 am
by waddo
I accept it for what it is - the result based upon the MAJORITY of eligible voters who bothered to vote! It will be interesting to see out of the 46+ million eligible how many actually bothered!

Now we will wait to see what happens, after the fall in value of the pound and the eventual exit of the EU in a couple of years time - with the prospect of Fat Boris being the next PM and the man in the bad wig being the President of the USA, I am happy I live here - lol.

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Posted: Fri 24 Jun 2016 6:01 am
by Geoff1131
waddo, according to the BBC the turnout is predicted to be around 72%, which is far more than the turnout for most of the recent General Elections. So more of the UK voters seem more concerned about getting their say on Europe, that what happens to the domestic side of politics.

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Posted: Fri 24 Jun 2016 6:40 am
by sophie
Maybe now, voters in the UK will start to take local and national elections seriously in the future instead of being so apathetic. Even so, regardless of bad weather and other problems I just can't understand why only 72% voted. Something so mind blowingly enormous, should have galvanised more people. If there are holiday makers here, who didn't bother to apply for proxy vote etc, they ought be ashamed of themselves. As for the Scottish parliament considering a referendum to apply for membership of the EU on their own behalf is laughable. They would end up miniature minnowls in an ocean of sharks. Have just been watching the reaction in Poland, they are gobsmacked.

Historically 72% is a very healthy turnout. Some people eligible to vote simply never do as they have no interest in politics at all. This may of course seem strange to the majority but thats the way its always been.

The turnout across the UK was overall very encouraging and did galvanise the majority.

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Posted: Fri 24 Jun 2016 6:42 am
by PoshinDevon
Geoff1131 wrote:waddo, according to the BBC the turnout is predicted to be around 72%, which is far more than the turnout for most of the recent General Elections. So more of the UK voters seem more concerned about getting their say on Europe, that what happens to the domestic side of politics.
I think the 72% figure is significant. UK voters were more passionate about this issue than a general election.

Historic day for sure.

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Posted: Fri 24 Jun 2016 6:53 am
by David
The people have spoken, the goverment as usual refused to listen to the what the people were saying mainly about immigration, in my opinion this is fantastic news for the future of GB and more significantly the future of younger generations, so what if house prices fall .... can only be great news for the younger people ..... i firmly believe that when the dust has finally settled GB will be a far better place to live and far more prosperous too. What a great result !!!

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Posted: Fri 24 Jun 2016 6:57 am
by Keithcaley
David wrote:..... i firmly believe that when the dust has finally settled GB will be a far better place to live and far more prosperous too...
...and your rough estimate of the approximate timescale for this state of affairs to be in place?

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Posted: Fri 24 Jun 2016 6:59 am
by Johnny Lee
What fantastic news. I did not expect this. But even last night talking to a friend from The Merit she said she did not really have much interest because she has lived here most of her life, but she was astounded by the amount of people and her family also in the UK who all wanted out.

I wonder how quickly now they can close our borders, don't suppose we can send a few 100,000 back. I feel that immigration was the deciding factor It does not take a Rocket Scientist to see the trouble it as caused. I think the British public are sick of what has happened the last few years.

Here's to a better and more prosperous UK.

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Posted: Fri 24 Jun 2016 7:08 am
by waddo
Agree it was a good turnout - only 12+ million could not be bothered then! Now watch the TRNC tourism figures from the UK drop, the folks who fly in and out of the RoC start to pay more for their flights and will prices of imports from the UK drop in the local shops here - don't think so! I feel sorry for all the folk out here who live on just the UK state pension, the cut in exchange rate may well force them to return to the UK!

Happy times ahead for the UK but my crystal ball is cloudy on the issue and only predicts a gloomy future for the next five years.

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Posted: Fri 24 Jun 2016 7:10 am
by Groucho
Keithcaley wrote:
David wrote:..... i firmly believe that when the dust has finally settled GB will be a far better place to live and far more prosperous too...
...and your rough estimate of the approximate timescale for this state of affairs to be in place?
Keith,

My estimate within three years which is faster than the EU reform Waz kept promising (in 10 - 20 years) even though the EU commissioners had said no such reforms were forthcoming.... Too late EU!

The current slide of the pound is the usual financial wolves buying into foreign currency so they can buy cheap GB pounds later when they judge it has reached a sufficient low to buy back and make a killing - These scoundrels always find a way to enrich themselves when there is uncertainty...

Steady the Buffs!

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Posted: Fri 24 Jun 2016 7:21 am
by Keithcaley
Groucho wrote:...Keith, My estimate within three years...
Oh well, I suppose that there's a reasonable chance that I'll still be alive to see it

Something to look forward to!

p.s. I know, I know, before you point it out - I ended a sentence with a bloody preposition...

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Posted: Fri 24 Jun 2016 7:45 am
by fatouche
Why is it that expats are waxing lyrical about the clising of their borders when they feel entitled to settle where they like? Unbelievable !

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Posted: Fri 24 Jun 2016 7:46 am
by wondering1
Yeh, really great news.

Except there was an uptrend on the USDGBP leading up to the vote and the media made it look like remain was going to win, I went long on the pound and didn't want to stay up all night micromanaging the trade (lazy me) and lost big on that trade.

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Posted: Fri 24 Jun 2016 7:55 am
by David
Keithcaley
My guess would be that after three years we should be seeing a better uk for everyone and not just the wealthy.

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Posted: Fri 24 Jun 2016 8:10 am
by scubadubaqueen
This result has huge repercussions, and all you who were screaming LEAVE on this forum, will likely not be able to afford to stay here. Yes so go back to your little towns and buy your cheap houses. It is not just you it is going to hit, but local economies too. As for immigration, the world has changed. Brits go and live in other countries, others come to live in Britain (OK so some illegally but that won't stop)..... It is the 21st Century, not 1960. I dread to think the repercussions of this. We were way stronger in that out. Those who voted out will not be rejoicing for very long, and sadly from what I read on these forums previously but did not comment, that is the majority of you. Ignorance is bliss I suppose, until it bites you in the bum.

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Posted: Fri 24 Jun 2016 8:11 am
by Kanonier
p.s. I know, I know, before you point it out - I ended a sentence with a bloody preposition... [/quote]



No problems Keith - I think prepositions are/were an EU law!!



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Posted: Fri 24 Jun 2016 8:17 am
by Mountain Edge
fatouche wrote:Why is it that expats are waxing lyrical about the clising of their borders when they feel entitled to settle where they like? Unbelievable !
There is a big difference between settling somewhere else and paying your own way and the immigrants who want to survive on benefit payouts from a system they have contributed absolutely nothing too.

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Posted: Fri 24 Jun 2016 8:27 am
by Belfast Belle
Soner wrote:BBC have stated that Remain votes have no chance of overtaking the lead of the Leave votes.

GBP against TRY current down to 3.99TL
It is 4.06 @ the moment.

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Posted: Fri 24 Jun 2016 8:41 am
by JBA
I think the EU itself will gain the most from this result. It is a massive blow to the project and already there are strong calls from the Netherlands and France for their own referendums.

The EU cannot ignore this and survive and hopefully it can get past the unelected Eurocrats (who are the only ones that want this giant integrated country) to people who have the sense to thouroughly re-organise the EU into something that European citizens want. If that happens then I think the UK will regret its decision yesterday - but maybe there will be a place for us in this new - what was it? - a yes - Common Market.

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Posted: Fri 24 Jun 2016 8:43 am
by David
Cameron has just announced he is to stand down !!

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Posted: Fri 24 Jun 2016 8:46 am
by rigsby
Independance day And a new prime minister???

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Posted: Fri 24 Jun 2016 9:23 am
by WotNoDeeds

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Posted: Fri 24 Jun 2016 9:55 am
by waddo
What, no flashy banner complete with borrowed American sayings - just a URL to newspaper website that never gets it wrong - lol. You have t laugh at all this, its not worth the stress of trying to figure out what the magnificent leaders will do next!

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Posted: Fri 24 Jun 2016 10:16 am
by terry2366
Scuba queen why will we not be able to live here when I came the pound was 2.35 and this morning 4.06 the euro is down as well. The Bank of England manager has said today there is plenty of money and not to worry though he was quoting Armageddon last week. There was bound to be a drop in sterling as people like Sros use times like this to drive the pound down there was 100 billion yes billion was spent on driving it down. We will be ok the eu is finished read the continental papers 5 more nations want a vote now.

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Posted: Fri 24 Jun 2016 10:49 am
by erol
terry2366 wrote:Scuba queen why will we not be able to live here when I came the pound was 2.35 and this morning 4.06 the euro is down as well. The Bank of England manager has said today there is plenty of money and not to worry though he was quoting Armageddon last week. There was bound to be a drop in sterling as people like Sros use times like this to drive the pound down there was 100 billion yes billion was spent on driving it down. We will be ok the eu is finished read the continental papers 5 more nations want a vote now.
I was wondering 'who are we were going to blame now ? ' but I guess the above answers my question. There will always be someone else to blame other than ourselves, in or out of the EU. When the EU refuses to give us all the advantages of free trade with the bloc without any of the obligations, we will blame them for that as well no doubt.

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Posted: Fri 24 Jun 2016 11:03 am
by Art
I think it was a vote against Cameron and the new labour leader.

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Posted: Fri 24 Jun 2016 11:07 am
by trooper
Well my rather large Union Flag is hanging from my terrace in celebration of this historic event.

This will of course be something of a curate's egg but so was membership of the EU.

I rather like the idea of being able to blame the UK government in due course when things are not going to plan, rather than sounding off against 'the EU unelected........etc.

Of course the idea of blaming others is a very Cypriot - and in particular GC - thing. The GC's have blamed the island's troubles on everyone in the world except themselves. Bit off topic here. Good times are coming - I hope.

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Posted: Fri 24 Jun 2016 11:13 am
by PoshinDevon
Art wrote:I think it was a vote against Cameron and the new labour leader.
Cannot agree.

It was a vote which said enough is enough - we have decided that overall the EU on balance is not for us. A close call but 52% have voted leave.

Cameron had to resign having firmly nailed his colours to the remain banner. He could not lead us thro transition and out of the EU. No idea who will step up and throw hat into the ring....would have thought it has to be someone who believed in the leave campaign. Not sure how Theresa May set out her stall, think she has been fairly quiet during the campaign. Maybe keeping her powder dry?

Pound has dropped sharply but has recovered a little in last hour or so.

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Posted: Fri 24 Jun 2016 11:58 am
by rocking
At a private lunch Mrs may said she was all for Brexit that was in March!
Thought was dreadful the way Boris Johnson was treated when he left home this morning by "remain" voters. When things don't go their way dusgusting behaviour.

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Posted: Fri 24 Jun 2016 12:07 pm
by PoshinDevon
rocking wrote:At a private lunch Mrs may said she was all for Brexit that was in March!
Thought was dreadful the way Boris Johnson was treated when he left home this morning by "remain" voters. When things don't go their way dusgusting behaviour.
If Theresa May was indeed for Brexit then my money would be on her throwing her hat in the ring as next primeminister.

Boris would be an obvious favourite but many will not warm to his comedic style of leadership. Gove is disliked by to many in the country. May has kept quiet over the referendum campaign and I think she will seize the moment.

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Posted: Fri 24 Jun 2016 4:56 pm
by WotNoDeeds
Where has IDS gone ?

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Posted: Fri 24 Jun 2016 5:01 pm
by Keithcaley
WotNoDeeds wrote:Where has IDS gone ?

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Ian Duncan Smith?

I don't think that he's gone anywhere, has he?

Why do you ask?

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Posted: Fri 24 Jun 2016 5:03 pm
by paddy p
Good point - Where is Tony Blair, Richard Branson and Obama???

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Posted: Fri 24 Jun 2016 5:18 pm
by WotNoDeeds
Yes Ian Duncan Smith he's taken a very low profile over last three four days ? I thought he would have been out taking a bit of the glory ?


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Posted: Fri 24 Jun 2016 8:15 pm
by turtle
I had to laugh earlier today when a debate on Radio4 was about the vote being discussed with 18 year olds who were bemoaning Cameron not giving 16 year olds the vote and one said there should be a re vote to include this group?......

So if you don't get the result you want then change the rules til you do ..... Very EU

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Posted: Fri 24 Jun 2016 9:06 pm
by waz-24-7
The UK people have voted and BREXIT is underway. How many people have identified the clear risk of a UK break up?
Within hours of the result;
Scotland which wants to REMAIN is now seeking a referendum to leave the UK
Northern Ireland which wants to REMAIN is seeking re unification of Ireland and leave the UK

This is a serious threat to the very existence of the United Kingdom and all within hours of the result.
The risk for decline are now two fold and the Economy will not sustain further turmoil.
What can be done?

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Posted: Fri 24 Jun 2016 9:28 pm
by lee666
Democracy won, accept it and get on with life.

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Posted: Fri 24 Jun 2016 9:51 pm
by waz-24-7
lee666 wrote:Democracy won, accept it and get on with life.
Lee666
I must therefore assume that you support the democratic right for Scotland and N Ireland to leave the United Kingdom.
Do you support such an exit and what do you think the effect upon the United Kingdom would be?

My Own view is that the break up of the United Kingdom would be a bad thing and only create further and additional uncertainty and risk.

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Posted: Fri 24 Jun 2016 10:23 pm
by turtle
waz-24-7 wrote:The UK people have voted and BREXIT is underway. How many people have identified the clear risk of a UK break up?
Within hours of the result;
Scotland which wants to REMAIN is now seeking a referendum to leave the UK
Northern Ireland which wants to REMAIN is seeking re unification of Ireland and leave the UK

This is a serious threat to the very existence of the United Kingdom and all within hours of the result.
The risk for decline are now two fold and the Economy will not sustain further turmoil.
What can be done?
The only thing the SNP want or will accept is independence ...brexit or not and its the Republic of Ireland who want to unite so stop scaremongering again.

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Posted: Fri 24 Jun 2016 10:30 pm
by waz-24-7
Turtle,
Surely you can identify the risk to the very United Kingdom that has just secured its "independence"
How is this scaremongering please?

Face the facts.
Scotland want to leave the UK TRUE or FALSE?
N Ireland want to re unify Ireland TRUE or FALSE?

Both have just secured "independence from the EU. and are now wanting to exit the UK in preference to being in the EU.
What is not clear to you about that please.

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Posted: Sat 25 Jun 2016 12:00 am
by turtle
Yes Scotland want independence....nothing new there nothing to do with leaving the EU ?

The British public in NI ...no they don't want to unify with ROI ?
Only half of NI want reunification and thast is nothing new either.

Where do you get you info from ?

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Posted: Sat 25 Jun 2016 6:51 am
by waz-24-7
turtle wrote:Yes Scotland want independence....nothing new there nothing to do with leaving the EU ?

The British public in NI ...no they don't want to unify with ROI ?
Only half of NI want reunification and thast is nothing new either.

Where do you get you info from ?
BBC news , Bloomberg, Telegraph, etc. Google it please.

Both entities have clearly voted to remain in the EU.
Commentators in both these regions of the UK have indicated the possibility.
It has always been on the agenda should the UK BREXIT.

In the event that this distinct possibility does happen.
Do you not see this as a further weakening of the UK ?
I was pleased that Scotland remained with us last time as together we are stronger.
My view on that does not change but I can now see a very legitimate reason why they feel stronger in the EU.
Sad, very sad for the UK and for what I ask?

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Posted: Sat 25 Jun 2016 7:46 am
by JBA
Personally I see it as a bonus that we might finally free ourselves from the constantly whining Scots. Remember, it was Scotland that took over England when Scotland's James 6 became England's James 1.

And not having to support them through the inequalities of the Barnett Formula will certainly help England recover from any economic consequences of leaving the EU.

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Posted: Sat 25 Jun 2016 10:15 am
by PapaBravo
waz wrote:
Face the facts.
Scotland want to leave the UK TRUE or FALSE?
N Ireland want to re unify Ireland TRUE or FALSE?
But neither leader is calling for a referendum yet for the simple reason that neither is sure they can win. On that basis, the answer to both your questions is, FALSE.

And did you notice that the FTSE 100 closed 2% HIGHER than it was at the start of the week?

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Posted: Sat 25 Jun 2016 10:22 am
by David
Looking on the bbc currency page although virtually all currencies are down it shows that the TL remains unchanged

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Posted: Sat 25 Jun 2016 10:32 am
by Keithcaley
David wrote:...the bbc currency page...shows that the TL remains unchanged
Against what?

Gold?

The US Dollar?