Is this the beginning of the end for the EU and the United Kingdom?
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at 08:30 by cwoodward.
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Carajillo2SugarParticipantIn a historic result, the UK has voted with a clear majority to end its membership of the European Union. Just what will this mean for the future of both the EU dream and the United Kingdom?
24 Jun 2016
at 06:18
SimonS1ParticipantWe will all survive.
The EU will see this as a big wake up call, will adapt and will continue to trade with us.
Obviously the chances if another Scottish referendum have increased but I can’t say it bothers me either way really.
Cameron and Osborne are holed blow the water line. Cameron due to failed renegotiations, and Osborne has lost confidence of parliament due to the ’emergency budget’ scare tactic.
24 Jun 2016
at 06:33
MrMichaelParticipantI think the EU will gradually tear itself apart. Denmark Greece and Holland will not be far behind us in holding a referendum, and others where the EU is mistrusted such as Spain, Italy and Austria will demand huge change to make the EU more palatable to their restless populace. It is the moves of France and Germany that will be most interesting.
I think the unelected Eurocrats will try and make things hard for the UK to try and protect the crumbling edifice, but the elected governments of France and Germany know they will do so at their peril.
Edited to add: Scotland (and NI) are a problem for the unity of the U.K. I hope both will not do anything hasty.
24 Jun 2016
at 06:40
stevescootsParticipant+1 SimonS1
agree with Michael re Scotland. Ni i see no reason for doom and gloom as they say, as it has limited self governance it can choose not to put in border controls with the south, instead just having them at ports and airports to the UK
24 Jun 2016
at 07:01
transtraxmanParticipantI agree with MrMichael.
Do not expect any decision on a third runway at Heathrow to be made.24 Jun 2016
at 07:35
canuckladParticipantIndeed Poshgirl, call me Dave has left the building……
Prams and toys immediately spring to mind , bloody clown !On the subject of another referendum up here, I hope not. let the dust settle…lots of dust
And I say that as a Yes voter the last time.
When I voted last year I knew we would be voting to leave the EU , and took that into account when I voted.24 Jun 2016
at 07:45
MarcusGBParticipantThe dips in Markets and value of the £ will not be permanent, and will level out.
The Prime Minster Will leave the building, but not until October.
We will be leaving the European Union, but not leave Europe, can remain Europeans, but also British.
Let us see the domino effect now, from other countries wanting the same rights, and i think The Netherland’s will also vote out.This is the beginning of the changes to the very structures of the EU mechanism as “One State”, one that has been imposed, ultimately now failing, and rejected by us.
Others will follow.Fortunately, we are not in the Euro, and £ Sterling will stabilize, and will be stronger against the Failing monetary Union.
We need new PM, a new Pro-active leader preferably through a General Election. The British do not like their Prime Minster imposed on the, they do not last. The current Cabinet will go almost entirely.
A new pathway, for new Change Managers, a new era. and a great opportunity to re-shape our Governance and sovereignty. Change is never to be feared, if we drive and are a part of it.
24 Jun 2016
at 08:18
SimonS1ParticipantIndeed, Cameron hasn’t exactly left the building. Not for some months yet either.
Plus I don’t think the ‘toys and prams’ analogy is right. He led the renegotiations, delivered the proposal and then led the campaign in support. The people of UK didn’t support him, and he has wisely read the signals. Very sensible in my view.
Sadly he couldn’t deliver. Thatcher would never have come back with the insipid deal that DC ‘won’ and he paid the price.
The only saving grace was that Corbyn was on the remain side too so has no leverage.
24 Jun 2016
at 08:30
Tom OtleyKeymasterMorning,
I thought I’d also add some of the releases we are receiving from travel suppliers (airlines, hotels etc…)IAG
RESPONSE TO UK REFERENDUM RESULT ON EUROPEAN UNION MEMBERSHIPINTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. (IAG) believes that the vote to leave the European Union will not have a long term material impact on its business. In the short term, however, in the run up to the UK referendum during June, IAG experienced a weaker than expected trading environment.
Following the outcome of the referendum, and given current market volatility, while IAG continues to expect a significant increase in operating profit this year, it no longer expects to generate an absolute operating profit increase similar to 2015.
IAG will update the market in due course.24 Jun 2016
at 09:07
Tom OtleyKeymasterEasyjet
easyJet notes the result of yesterday’s referendum in favour of the UK leaving the EU and is confident that it will not have a material impact on its strategy or its ability to deliver long term sustainable earnings growth and returns to shareholders.
easyJet has been preparing for this eventuality in the lead up to the referendum vote and has been working on a number of options that will allow it to continue flying in all of its markets.
easyJet’s initial focus will be to accelerate discussions with UK and EU governments and regulators to ensure that the UK remains part of the single EU aviation market. This would enable EU airlines to fly freely within the UK and between the UK and EU, allow UK airlines to fly freely across Europe and would ensure that consumers continue to benefit from low fares and would mean easyJet and other airlines can continue to operate as they do now. easyJet will also continue to develop its alternative options that will fully maintain its existing network and operations.
easyJet is confident that its unique network, digital leadership, cost advantage and financial strength will enable it to continue to execute on its strategy and to deliver long term sustainable earnings growth and returns to shareholders.Carolyn McCall, easyJet Chief Executive said:
“We remain confident in the strength of easyJet’s business model and our ability to continue to deliver our successful strategy and our leading returns. We have today written to the UK Government and the European Commission to ask them to prioritise the UK remaining part of the single EU aviation market, given its importance to trade and consumers.”24 Jun 2016
at 09:09 -
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