Cyprus-Forum.com

[Paul ZKTV]

In the meantime Standards and Poor's downgraded the UK from AAA to AA.
"S&P strips UK of its triple-A rating after “seminal” Brexit vote"
http://www.cityam.com/244281/standard-a ... ter-brexit.
Sterling down against both the Dollar and Euro. Against the Euro down by just over 3 cents. But at least our NHS will be ....better off by 350 million per week !! We now have control of ....our borders, we have our ....country back !

yes but the UK debt now costs 500 million a week more because of higher rates ...

high street banks changing euros at 1.14 ...

[Kikapu]

First the Brexit, and now the Enexit!

They can thank the Brexit morons by distracting them.

[repulsewarrior]

...what this means to the ICE.

http://www.bloomberg.com/news/articles/ ... ancial-hub

[Robin Hood]

In the meantime Standards and Poor's downgraded the UK from AAA to AA.
"S&P strips UK of its triple-A rating after “seminal” Brexit vote"
http://www.cityam.com/244281/standard-a ... ter-brexit.
Sterling down against both the Dollar and Euro. Against the Euro down by just over 3 cents. But at least our NHS will be ....better off by 350 million per week !! We now have control of ....our borders, we have our ....country back !

yes but the UK debt now costs 500 million a week more because of higher rates ...

high street banks changing euros at 1.14 ...

But ..... if this is in Sterling i.e. Sterling debt, it is of little consequence! A country that has its own sovereign currency can never go bankrupt. Take Japan ..... they have an horrendous national debt, the largest of any of the industrial nations, but almost all of it is I Yen. Same with the US, their debt is so high it can never be repaid! Are they worried? NO!

S&P make decisions to suit their clients ........... inevitably the Banks. They are not honest and independent brokers.

[miltiades]

In the meantime Standards and Poor's downgraded the UK from AAA to AA.
"S&P strips UK of its triple-A rating after “seminal” Brexit vote"
http://www.cityam.com/244281/standard-a ... ter-brexit.
Sterling down against both the Dollar and Euro. Against the Euro down by just over 3 cents. But at least our NHS will be ....better off by 350 million per week !! We now have control of ....our borders, we have our ....country back !

yes but the UK debt now costs 500 million a week more because of higher rates ...

high street banks changing euros at 1.14 ...

But ..... if this is in Sterling i.e. Sterling debt, it is of little consequence! A country that has its own sovereign currency can never go bankrupt. Take Japan ..... they have an horrendous national debt, the largest of any of the industrial nations, but almost all of it is I Yen. Same with the US, their debt is so high it can never be repaid! Are they worried? NO!

S&P make decisions to suit their clients ........... inevitably the Banks. They are not honest and independent brokers.

S&P, like other credit agencies, gives an indication to the entire financial world as to a country's ' standing in attracting investment.
Banks are the most important institutions in any nation on this planet. Like or not no nation can thrive in the economic arena without a strong banking sector. A nation can survive without any industry, but can not survive without the banking world.

[GreekIslandGirl]

But ..... if this is in Sterling i.e. Sterling debt, it is of little consequence! A country that has its own sovereign currency can never go bankrupt.

If that were the case, no one need lift a finger to do any work again. The country can just sit back and print money. They would need no 'trade deals', no steel industry rescues .... nothing. They can just print all the money they want and do zilch for it. Sounds too good to be true to me ...

[miltiades]

A new fresh poll carried out by the Times shows Theresa May way ahead of the Clown in becoming the next UK PM.
"Support for Theresa May has soared, making her more popular than Boris Johnson in the race to become Tory leader, a poll for The Times shows.

The home secretary is the favourite to replace the prime minister, according to a YouGov poll that shows her as the preferred successor among Conservative voters: 31 per cent back her, against 24 per cent for Mr Johnson.

In April Mr Johnson was on 36 per cent and Mrs May on 14 per cent"
http://www.thetimes.co.uk/edition/news/ ... -q0nqsmh52

[Tim Drayton]

"

...the last thing countries like France and Germany want is to find the export markets and import markets between them and the UK blocked.

Oh, so those lovely continentals are not going to grab the opportunity by the horns to drag the financial centre of Europe to the continent and deprive the UK of the one remaining sector that was propping it up. How nice. It seems all those wogs, wops, krauts, froggies, ities and others whom the toxic right-wing tabloids have been indoctrinating the poorly educated masses to hate over the years are really not so bad, then. Can we expect a change in editorial policy, now?
Perhaps not in view of the latest disgraceful froggie-bashing headline in today’s Daily Express:
“France threatens to let THOUSANDS of Calais migrants into Britain in revenge for Brexit”

[Tim Drayton]

So, it's the froggies' revenge for Brexit, is it, not the logical consequence of it? Anyway, it can't happen until Article 50 is invoked.

[Tim Drayton]

George Osborne has said, "It was not the responsibility of those who wanted to remain in the EU to explain what plan we would follow if we voted to quit the EU." Quite so. It is the responsibility of those who got this result by fanning the flames of racism among the disaffected masses to crawl out of the wormholes and tell us how we get out of the mess. Johnson came out with a load of waffle yesterday in which he basically proclaimed unilaterally that we could retain absolutely all of the benefits of EU membership while leaving, only to be shot down in fiery flames by Brussels a few hours later. The onus must be put on these people to come up with the solution and when they fail, as they will, hopefully they will have been exposed for the vacuous stupid windbags that they are (and many of us knew them to be all along). Then serious people can start trying to fix things.