Operation Yellowhammer

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SirGalahad said:
Exports will nominally be cheaper but not if tariffs are added. Services may benefit. All in all it will concentrate wealth and ineuqlity even further, so those voting for a change will face even harsher conditions.
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You talk a good talk,but its all flannel.
 
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JohnD said:
yes, they would, if the economy tanks, businesses go bust, employment rises, and there are not enough people with money in their pockets, and dependable income to get a mortgage. This means that although prices have fallen, there are still plenty of people who can't afford to buy.

But this will take quite a while to happen, because homeowners are reluctant to sell when the market falls.

Distressed sellers, like mortgage foreclosures, personal bankruptcy, and BTL landlords unable to make ends meet, will have to sell for whatever they can get.
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If house prices do crash wont that help young people get on the housing ladder.
Everycloud has a silver lining.
 
Vinty said:
If house prices do crash wont that help young people get on the housing ladder.
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Only if you believe that it would just be house prices that suffered. A severe prolonged drop in house prices could only be the consequence of a catastrophic failing of the economy.

The young will be the least likely to weather the storm or have the savings or security to do so.

Every silver lining has a cloud.
 
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Notch7 said:
Scarily, severe weakening to the pound will I imagine make the UK ripe for foreign investors to pick up some cheap assets.
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"Hong Kong billionaire to buy UK pub group Greene King"

https://www.ft.com/content/61087acc-c292-11e9-a8e9-296ca66511c9


http%3A%2F%2Fcom.ft.imagepublish.upp-prod-eu.s3.amazonaws.com%2Ff3e567c0-c04d-11e9-b350-db00d509634e


https://www.ft.com/content/40c604d2-c01c-11e9-89e2-41e555e96722
 
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Notch7 said:
Scarily, severe weakening to the pound will I imagine make the UK ripe for foreign investors to pick up some cheap assets.
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Toymaker Hasbro acquires Peppa Pig producer eOne for £3.3bn


"US toy maker Hasbro has agreed to buy Entertainment One, owner of the children’s cartoon franchise Peppa Pig, for about £3.3bn, marking the latest UK-listed company to be acquired by a foreign buyer since the pound has fallen over fears of a disorderly October Brexit."

Click here to read more.
 
JohnD said:
"Hong Kong billionaire to buy UK pub group Greene King"

https://www.ft.com/content/61087acc-c292-11e9-a8e9-296ca66511c9

https://www.ft.com/content/40c604d2-c01c-11e9-89e2-41e555e96722
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Pesky foreigners buying our pubs and toy companies. Who cares?

Tell me, JD, what nationalities/countries own the FT, the PC/tablet you are reading it on, the internet provider you use, the browser you use on your PC, the search engine you get your information from. Are any of those British or even European by any chance?
 
Motman said:
what nationalities/countries own the FT, the PC/tablet you are reading it on, the internet provider you use, the browser you use on your PC, the search engine you get your information from. Are any of those British or even European by any chance
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You are talking about globalisation of trade.

JohnD is talking about the UK being asset stripped due to the weak pound as a result of Brexit damage.

I hope that helps :)
 
Standard UK musketeer. Looks like we're experiencing globalisation of question answering too. Can’t you musketeers answer for yourself? One for all, all for one!
 
Motman said:
Standard UK musketeer. Looks like we're experiencing globalisation of question answering too. Can’t you musketeers answer for yourself? One for all, all for one!
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Us proud Brits like to stick together unlike the traitorous Brexers
 
Mottie has nothing sensible to say so occupies himself generating nonsense.

Where's your list of the benefits you think the UK will gain as a result of resigning from the Union?
 
Motman said:
Who cares?
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We all should care. It's British jobs, British brands and British wealth that is being sold off by the pound.

Who cares that the mines close, who cares that the NHS fails, who cares that crime increases? The people care, these are the ones affected, not the rich political elite that so many people here love to bits.
 
jonbey said:
We all should care. It's British jobs, British brands and British wealth that is being sold off by the pound.

Who cares that the mines close, who cares that the NHS fails, who cares that crime increases? The people care, these are the ones affected, not the rich political elite that so many people here love to bits.
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But they’ve not bought those businesses to close them down have they? Perhaps if 'foreign' investors had bought BHS, Woolworth, Bathstore, Better bathrooms, Patisserie Valerie, HMV, Toys R us, Maplins etc etc they would still be open and employing people?
 
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