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And though Ms May said she wanted to “guarantee the position” for EU citizens currently living in the UK and British citizens living in EU countries, she admitted their future was up for negotiation.
“What's important is there will be a negotiation here as to how we deal with that issue of people who are already here and who have established life here and Brits who have established a life in other countries within the European Union.
“The position at the moment is as it has been, there's no change at the moment, but of course we have to factor that into negotiations.”
Now, it is plainly obvious in my mind that of course the UK and the EU will negotiate some right of stay for both EU citizens staying in the UK and for UK citizens staying in the EU. It's the common-sense approach. Suggesting a bilateral mass-deportation would be unthinkable.
But is the editor of the Independent (in this case) more worried they may alarm unnecessarily the average reader or more worried about getting click-related revenue?
Can you help answer these questions from other members on NexusFi?
There is a risk of loss in futures trading. Past performance is not indicative of future results.
Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
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I had watched that before. It's when I posted that Farage back in the EU parliament after the Brexit vote was practically oozing smug. But that's Nigel Farage for you.
I consider him as a cheap-shot politician. He will never have the finesse required to be really relevant in representing the UK at a significant level. Sure, his party got more seats at the last EU election and sure, some of the people that signs up to his agenda may have been grown to be Eurosceptic.
But the bottom line is, I believe he, like the BNP represents the minority of people who have a distorted view of the world.
Had he been leading the Leave campaign with no aid from the likes of Boris Johnson or Michael Gove, I'm sure the Leave vote would have lost.
Absolutely. Johnson and Gove provided respectability for the average voter who was concerned about immigration but without wanting to feel that they were voting for a UKIP campaign.
Really glad that Johnson will not be Prime Minister. Pleased also that Gove's campaign is floundering with the alternative Leave candidate option of Leadsom. With May and Leadsom likely to be the MP's chosen candidates to be put forward to the party membership it will be exciting to have a female Prime Minister again.
I understand. My concern is that the EU countries via the ECB will impose rules that are purely driven by "vengeance" in lieu of this kind of behaviour. The EU passport allows lots of cooperation both strategic and legal and if this is cooperation stops there could be a serious outflow of capital out of London. Further, many US companies also run their European operations out of London, and they may leave to other countries secure their EU passport and operations (EU passport allows one set of procedures versus single procedures in each country).
This new environment may be an opportunity for trading due to volatility, but economically it is a different story.
To be honest, one directional volatility is hard to capitalize on as well because too many try to catch bottoms.
This reminds me of the Quebec referendum back in 95, where nothing was achieved and the province saw capital outflow in the Billions that went straight to Toronto's Bay Street.
Matt Z
Optimus Futures
There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.
Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
This whole thing has become farcical. It beggars belief that there was literally no plan set out from either side, particularly pro-brexiteers, as to what they may do if Britain voted to leave. The cowardice sums up politics and politicians in general, no wonder most people voted against the status-quo.
The issue now is, if everything that the vote to leave stood for turned out as a lie, all the politicians pushing it have stepped down and they have u-turned on key issues (payments given to EU being spent on NHS instead, control of immigration etc) then should the vote still stand?
To add to this, Someone I know is selling their home in London and the day after the vote was approached by a buyer offering £300k below the asking price. They laughed at the offer.
Now, this is most likely a chancer who was looking for a panic seller and maybe looking to create fear through such a low offer hoping to come back and get a smaller discount. However we are due a correction in house prices anyway, as could be seen from the lack of demand in the nine elms area prior to the brexit ref, which begun to sell at discounts. Whether this spreads and we see a significant decline, I am doubtful.
