@thevfmaddict
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The title and text of the FT article reads:
Wealthy UK investors optimistic on Brexit impact, survey shows
UBS poll indicates higher proportion think UK exit will have a positive economic effect.
Wealthy investors in the UK have expressed optimism about the impact of Brexit on the country’s economy, setting aside concerns about uncertainty to predict an economic upside to the UK’s departure. Forty-one per cent of high net worth investors in the UK believe Brexit will have a positive impact, according to a survey by UBS Global Wealth Management, compared with 35 per cent who think it will be negative.
This positive outlook was mirrored among business owners, 44 per cent of whom said Brexit would have a positive effect on their business. A further 28 per cent predicted no impact at all.
“Between multiple meaningful votes in Parliament and pivotal European Council summits, it has been a challenging quarter for our clients, who are looking to minimise the impact of domestic political and market factors on their investments and businesses,” said Mark Goddard at UBS Global Wealth Management. “Despite this, this survey shows that UK investors and business owners have a much more positive mindset than towards the end of 2018. Investors have managed to set aside concerns over prolonged uncertainty when assessing their financial objectives and economic outlook.” The question on Brexit optimism had not been posed by UBS previously, so an exact change in sentiment cannot be measured. However, the number of investors who identified the domestic political environment as their biggest worry fell from 55 per cent in the last quarter of 2018 to 43 per cent in the first quarter of 2019, indicating increasing positivity.
The survey canvassed the views of 3,653 investors and business owners with at least $1m in investable assets or at least $250,000 in annual revenues, respectively.
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Just a tip, Ed, if you note the title of an FT link even when it is firewalled; then clear your cache, Google the title and click on the Google link you will get in for that article one time. Its a trick worth knowing. Obviously the FT are using this one time, one article Google entry as a way to bait folks to then subscribe. Once you know that you can use the one time entry trick over and over to get to any particular FT article that catches your fancy.
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I suspect that many Remainers will throw a true wobbly at this FT article because it conflicts with that which they hold and it seems desire to be true.
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I think Barce have Suarez to blame. He said before the coming match that he wouldn’t celebrate at Anfield. And the Gods obviously listened and helped him keep his promise………LOL
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During the Covid-19 Epidemic I will be wearing a mask and goggles while posting so that if I become infected I won't spread it to you.
@Ed
Not sure if you are still reading this thread. However, if you are and always having found you to be an individual of integrity I presume that you will concede that your firm prediction of 4 May that the EU Elections would never take place proved in the event to be wrong.
The mood of Remainers in general at present seems to be far more rabid than Leavers. I do not include you, Ed, as while you have made you own points forcefully I have seen no personal attacks from you or your endorsement of personal attacks by others. I note that even, Bob, a normally impeccably balanced individual in my opinion, has now taken to slagging off 70% off the folks in his own locale. It appears not to have occurred to him that the majority may actually be right. Despite what the establishment and particularly the BBC have been professing more and more economists are now swapping sides and suggesting that Brexit may financially benefit the UK while the other major economies of the EU are heading rapidly for recession. Germany’s projected growth was again downgraded for the third time yesterday.
It is weird or at least I find it to be so that while Leavers point to facts and factual trends Remainers seem to descend increasingly into vitriolic rants whenever such facts and realities are even tendered for debate by Leavers. Roll on 23 May; 6 June and the next GE that’s what I say; although I do fear that such may only lead to even greater vitriolic rants from many Remainers.
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Well done, Bob, that was exactly the point I was making to dwynnehugh. No-one forces anyone to take part in any particular thread. People read or engage with threads solely of their own choice.
I’m genuinely sorry to learn your input will now be absent from this debate because I valued it. You never descended into vitriolic rants that some individuals post do and hence I always took your reasoned points on board even if I did not always agree with them. However, I defend wholeheartedly your right to abstain from this topic if you so desire.
(Oh silly me, you won’t see this post will you because you’re not visiting this thread again.)
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During the Covid-19 Epidemic I will be wearing a mask and goggles while posting so that if I become infected I won't spread it to you.
WoF has made his point then. If this thread did not exist it would obviously surface elsewhere having no place to go.
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During the Covid-19 Epidemic I will be wearing a mask and goggles while posting so that if I become infected I won't spread it to you.
I thought his problem was that he needed to be rid of reading it. There are many threads on this site that are often quite circular; or which I have no interest in or which I give up following. Dwynnehugh’s post suggested that he had found himself in some way forced to read this thread and could not simply ignore it if it held no interest for him. One wonders why if this thread holds no interest for him or if he dislikes the cut and thrust nature of it or if, as you suggest Duke, it is circular, why did/does he even bother to visit it let alone post on it. Fair comment?
Personally I’m not sure given that matters are constantly changing one can even argue that it is circular. Brexit is at a very different stage now than it was even a month or two ago. New parties have been formed; new deadlines set; new Westminster dynamics unfolding; the Tories now suddenly conniving with Labour, etc. There is clearly considerable and ongoing evolution which of its nature is not circular and hence is surely deserving of comment from all sides.
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During the Covid-19 Epidemic I will be wearing a mask and goggles while posting so that if I become infected I won't spread it to you.
By tremendous good fortune, dwynnehugh, you find yourself on the ideal forum if you have such a problem. If your browser locks you to this thread such that you are forced to view it I’m sure one of us here can diagnose and solve that problem.
What browser are you using (i.e. it may be a software problem) or is it possible that you have some keys on your keyboard sticking (i.e. it may be a hardware problem). ???
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During the Covid-19 Epidemic I will be wearing a mask and goggles while posting so that if I become infected I won't spread it to you.
And here we see the problem and why we get nowhere as a nation. VFM, you and your kind are all about stopping things and coming up with fantasy scenarios that could never be agreed. At least the pseudo economic arguments have stopped in the face of reality and we’re down to personality politics and naked idealism. We are now told that everyone voting Leave knew they were agreeing to No Deal even though that notion was so toxic at the time anyone mentioning it would have been ostracised. We would get a fantastic deal, it would be easy as the EU needed us more than we needed them. UKIP said it could be done in an afternoon over a cup of tea. The German industrialists and French farmers would be knocking on Tusk’s door demanding it was so. Dogs that didn’t bark. VFM everything you have predicted that will get your cause over the line has failed. You are just an echo chamber for whatever Brexit faction you decide to get behind today. As one fails you jump to another, the one that is gaining headlines so you can get on the next band wagon with your mates. These factions are all totally bereft of any ideas that will actually get you where you want to be – outside of the EU. They throw you and your kind some red meat and you eat it up and bay for more without looking where it’s come from. When will you see that real compromise is what’s needed for the sake of the nation and not an economic disaster of a No Deal, especially if that’s gained by annoying Brussels into doing it? The Westminster mathematics means that factional blowhards on all side get a disproportionate say (and in some cases £££) but they cannot persuade anyone else to their way of thinking, so here we go again – impasse. A Corbyn – May deal may not be an ideal world but if it moves us further on you would have thought Brexiteers would be glad to get to the next and most important stage, the real deal. But no, it’s now about changing the constitution as well as leaving the EU now! Listen to Farage, listen to Trump – you know VFM, the Trump you vilify. Farage moved on to attacking the press on national TV today, the “commentariat”. Ring any bells VFM? Will we be the 51st state of Trumpland where huge lies are the story of the day and if you’re caught out just tell another even bigger one. Blame everything on others, the opposition for sure and especially Johnny Foreigner who probably is here illegally. Look at the road you are going down, really look at it and where it leads, it isn’t made of yellow bricks road and there is no rainbow. There may well be a wicked Wizard or two though.
Dear of dear, Dave, such voluminous vitriol in a single post; and most based entirely on untruths.
Addressing your false statements one by one I have never withdrawn from my belief that in the mid to long term the UK will benefit economically from Brexit. I am in total agreement with Germany’s leading political think tank which believes that the EU will suffer more from our departure than would we and that we would prosper – if our side played it smart. Of course the reason we have a bad deal at present has nothing to do with Brexiteers. May ensured they had no power to negotiate a deal and proved that she is the kind of individual who would walk into DFS and come out having paid more than even full price for a sofa.
I have never said that voters voted for a No Deal as such. Rather that they did not vote to Leave only if there was a Deal. One thing is absolutely certain and that is that every household received a leaflet from Cameron which stated clearly that voting to leave meant we would leave the Customs Union and Single Market. So, yes, they did vote knowing they were voting for that and if such is not delivered then the electorate’s decision has very clearly been betrayed.
Given that you were once someone for whom I had great respect as a logical thinker I am saddened to find that you have so little grasp of the consequences of the N.I. Backstop. Yes, agreeing to May’s deal would get us to the next and important stage of the real trade negotiations. But I don’t know about you but in my world entering such negotiations with the gun that is the backstop to our heads fetters entirely the UK’s ability to fight its own corner in each area of trade for fear of the backstop being enacted locking us into a customs union potentially until 1999. As I said the evidence is absolute that the electorate voted for being out of the customs union. This why the backstop is unacceptable. I have also said that more than once here that I would accept the compromise that is May’s deal provided that the backstop was removed such that the trade negotiations were on a level footing. So to suggest I and most Brexiteers are not willing to compromise is simply untrue.
Where on earth did you get the thing about changing the constitution? Although given that we have no written constitution and hence that such constitution evolves of precedent I can see no reason why any future evolution achieved via the ballot box could ever be deemed to somehow be improper. Certainly the Brexit Party seeks to bring about any changes only via the ballot box so how could any changes it brought about ever be improper? Have you yourself not argued that FPTP is unfair? So surely you too have argued for changes to “the constitution”.
I have never blamed things on as you put it Johnny Foreigner. Indeed, I would not even blame WW1 or WW2 on Johnny Foreigner either; because wars are not usually the fault of a populous and are merely the fault of immoral or incompetent leaders. Heaven knows the EU commission is full of such. Tusk was voted out of office as PM in Poland. But then arrived as President of the EU Council. Do you know the sole EU state that voted against his Presidency? It was Poland, his home country which had itself voted him out. So it seems a country can vote an individual out of power but then find that individual in an even greater position over them. By that token were the UK to remain in the EU the UK electorate as a whole vote Theresa May out of power here she could still become a President of the EU with the UK having no power to veto such. That’s madness. Look around the senior officers of the EU and you will find nothing but politicians who were rejected by their own domestic electorates; it is an organisation run by self-serving fully certified political failures.
For me what shines greatest in all your posts is your total lack of confidence in the abilities of this nation and our young. Such is clear in your rancid fear of No Deal. The resolute belief that the UK cannot survive and thrive unless as a principality of the EU empire. Look around the world, Dave, the world is full of states that thrive without either huge quantities of natural resources or membership of huge trading blocs. Israel is a classic example. It survives economically of its own ingenuity and self belief despite being geographically smaller than Wales; and being not just estranged from its closest neighbours but with those neighbours even being overtly hostile to it. Of course, Dave, it is obvious that you plainly doubt that our people’s and our young have the similar ingenuity to survive and thrive I beg to differ.
So, Dave, we disagree but I do not let such disagreement turn me into a twisted soul brim full with burning vitriol of the kind your post strongly suggests that you might be. Calm done, laddy, you will give yourself a heart attack. Oh and try to have at least some faith and belief in our country’s people and abilities.
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During the Covid-19 Epidemic I will be wearing a mask and goggles while posting so that if I become infected I won't spread it to you.
No chance of a cobbled May-Corbyn Deal after what JD said this morning. Its clear that Labour are looking for the way out from the negotiations and a way to blame it entirely on May. Plus they smell blood and know that May is about to suffer the night of the long knives which might just force a GE. Power even if it needs a confidence and supply deal with the wicked witch of the North is still power. I feel that a GE at some point this year is close to certain. Not least because without such scheduled the EU will probably force a No Deal in October because one state or another will veto any further extension.
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During the Covid-19 Epidemic I will be wearing a mask and goggles while posting so that if I become infected I won't spread it to you.
Most people treat the EU elections as a necessary farce. I doubt if many other than ardent Brexiteers will bother to turn out How on earth do the Brexiteers avoid the practical problems of striking a deal with the 27, if they thoroughly pee them off before hand? Equally why would anyone give a better trade deal to the UK rather than the far larger EU? Forget Services – Banks and other Financial Services have already cut their own deal, which essentially preserves the status quo with the EU.
That depends how you define a ‘better deal’. EU deals are structured to ensure that they don’t damage EU states economies. In other words they protect the interests of states which often have dissimilar interests to our own. This works against us. For example, the EU will never do deals in areas such as agricultural produce with non-EU states because such would damage many EU state’s economies. We however would gain massively from agricultural deals with non EU states. Despite the shipping costs we can still buy North American Wheat far more cheaply that EU wheat were it not for the tariffs we must impose while an EU member. The same is true of South American agricultural products.
The problem with being an EU member is that the EU’s deals are cut for the benefit of the whole and such is not always to our benefit. Indeed it is often directly contrary to it.
So, Ed, why would states do a better deal with us than with the larger EU? We’ll isn’t that obvious? Its because we will do deals that the EU would never do because they seek to be too protectionist of French farmers, Spanish Orchards and Italian Wheat fields, for example.
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During the Covid-19 Epidemic I will be wearing a mask and goggles while posting so that if I become infected I won't spread it to you.
Ed,
I once drank often in a bar where the publican’s brother worked with many trainers in and around Newmarket. Every now and then a call would be received from ‘the brother’ usually no more than half an hour before the off. The stampede from the pub to the bookies from the few regulars who were in the loop was like a Le Mans’ start. Those tips were always for good price punts: 5/1 or better and they never failed to win. So, Ed, I know what you mean. Those days changed me for life in that it generated a habit that continues to today. No, not a gambling habit, but the habit of never failing to carry at least £50 and more usually £100 in cash on the hip. You simply never know when opportunities will present that must be taken instantly.
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During the Covid-19 Epidemic I will be wearing a mask and goggles while posting so that if I become infected I won't spread it to you.
In other news, on Sky’s Ridge on Sunday, Farage has challenged Corbyn to a Brexit debate before the EU elections. The latest polling for the EU elections has the Brexit Party an 30% and Labour at 21% with the Tories and LibDems way behind at 13% and 10% respectively.
The figures also suggest that Chukka et al ought to chuck it in though I truly hope they don’t. I want them around come the next GE because such can only assist the Brexit Party where elections are fought on a FPTP battleground. So come on Chukka, Allen and Soubry, etc, hang in there because us Brexiteers truly want you around. ???
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During the Covid-19 Epidemic I will be wearing a mask and goggles while posting so that if I become infected I won't spread it to you.
Imo the most probable outcome of these elections will be to frighten a lot of Conservative and Labour MPs. This could bring urgency to them finding a Brexit compromise which both avoids an EU referendum and emasculates the whole rationale of the so-called Brexit parties.
Ed, given your views expressed above I thought you might find the following illuminating:
Conservative MP Conor Burns is an MP who said previously that he would resign rather than support a No-Deal Brexit. However, his experiences ‘on the knocker’ in the last couple of weeks has led him to agree with Farage that a Tory/Lab stitch up would not work. He has said, “I’m afraid the description by Nigel Farage of a Lab/Con Brexit deal as ‘a coalition against the people’ will resonate. Because it is fundamentally true. Anyone who thinks it is the answer hasn’t been knocking on many doors in recent weeks.”
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During the Covid-19 Epidemic I will be wearing a mask and goggles while posting so that if I become infected I won't spread it to you.
Ah, I get it, Dave, First past the post will, as always, do for the Brexit Party in a GE just like it did for the idea of Brexit in the referendum. Well that was FPTP wasn’t it? Errrrrmmm…… You can’t see it can you, Dave, the next GE will not be like 2015. The dynamics are totally different. Brexit voters will in the main tick the ‘Brexit Party’ box next GE. Remainers will be spread across Labour, LibDems, Greens and in Scotland SNP. We are no longer talking UKIP with about 10-11% of the vote thinly spread across the country as we were in 2015. We’re talking say 30% of the electorate concentrated to vote for one party. If anything FPTP will work for the Brexit Party not against it due to the contra vote being spread across several parties.
BTW yes there will be skeletons. There always are in all parties. Just look at Antisemitism or perjuring speeding MPs. And I seem to recall Remainers slagging off Tory MPs for having dodgy financial dealings not to mention the occasional moat. Apart from the Antisemitism (possibly and if so still only marginally) I doubt any skeletons will significantly impact any party.
I’ve told you that you must look at Farage’s rhetoric it is now about changing UK politics as much as about Brexit. Take a look at the latest flyer. Its here.
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During the Covid-19 Epidemic I will be wearing a mask and goggles while posting so that if I become infected I won't spread it to you.
I disagree. As I said the core irrefutable fact is that all Leave voters were aware and knew they were voting to Leave the Customs Union. If we do not the democracy is betrayed. This is the core battle more than simply Brexit or put differently Brexit is the standard bearer for Democracy. This is the reason that so many stalwarts of the Left like Claire Fox and George Galloway are falling in behind Farage; and I guess we all know that were JC and McDonnell not now the Leaders of the Labour party they would be too.
The Brexit Party literature is very clear stating explicitly that its mission is to Change British Politics for good. It is clear that the Brexit Party is the rallying point not merely for Brexiteers but for all who value democracy. Were to see see and read some of it you would recognise that the EU elections are merely the the skirmish before the Battle for Westminster; a battle that will be fought even if May & Corbyn connive to avoid the skirmish.
I think that, Ed, you see things through a Remainers reticule (the eye piece not a woman’s handbag). Why would the 17.4M be happy with a Customs Union given that they voted explicitly to leave such? I know lots of people who are not, to use your words ‘rabid anti-EU types’. They find a CU totally unacceptable because one of crucial core purposes of Leave was to enable us to control our own trade deals. You’ll find very few Leavers who will accept a CU.
As I have said before if even a third of Leavers continue to back the Brexit Party then the two party system will be severely injured. Polling suggests though that it is more likely to be between a half and two thirds. Even the Tories haven’t woken up yet. Their prediction was 800 to 1,000 at worst seats would be lost in the locals. It was instead, 1,334. That is the scale of it. Those figures are similar to the local’s before Major’s crucifixion by Blair. Scale, Ed, scale. Feelings are running far more fiercely that back then.
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During the Covid-19 Epidemic I will be wearing a mask and goggles while posting so that if I become infected I won't spread it to you.
I presume you meant an EU MEP election rather than a ‘referendum’. The error I think you made but which I suspect Bob did not is that this is now far bigger than simply the EU elections. If May and Corbyn force through a BRINO that will not end the matter. Indeed, it might even boost still further support for the Brexit Party come the next EU which could be very soon after a BRINO because May has said she will go once that’s done.
I keep stressing to everyone listen to Farage’s words. This time they are very different. His campaign also is far slicker also. His allies are of far greater substance. And a far, far greater percentage of the electorate are already behind him than were in 2015. BRINO would only sharpen his steel and that of those around him were it to happen. It would be the final kick in the teeth of 17.4M who are already showing at the ballot box that they feel betrayed. Jesus, 39,000 spoiled ballot papers that’s unheard of. If anyone, be they Tory, Labour, Liberal, Green or Change UK thinks that BRINO would make this go away is entirely out of touch. The Cameron Referendum Leaflet was clear that a Vote for Leave meant out of the Customs Union. A May-Corbyn BRINO with a CU would betray the very thing that there is no question whatsoever that all Leave Voters knew they were voting for. Even you can’t deny that. May and Corbyn are free to jump out of the frying pan into the fire if they wish. But if they can’t see that that’s exactly what they would be doing then they deserve it. BRINO would not solve their problems it would simply magnify them.
The raison d’etre of the Brexit Party does no vanish if there is Brexit In Name Only. It exists until there is the full Brexit people voted for and that is at the very least No Customs Union.
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Could not Dickens’s famous words have been written today? They seem so very apt as if to describe Brexit as viewed by by any Brit no matter which side of the divide he/she resides;
‘It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was the winter of despair, we had everything before us, we had nothing before us, we were all going direct to Heaven, we were all going direct the other way’
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During the Covid-19 Epidemic I will be wearing a mask and goggles while posting so that if I become infected I won't spread it to you.
I agree with that, Duke. This is the first time I recall that the circumstances and dynamics are such as to offer a real opportunity to break forever the two party cartel we have suffered due to FPTP. I know folks will say I am nuts but I would not be shocked to see Tories, Labour, LibDems and the Brexit Party all with seats in the high double figures come the next GE and with the Greens no too far behind.
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During the Covid-19 Epidemic I will be wearing a mask and goggles while posting so that if I become infected I won't spread it to you.
Southend Airport !!! Once upon a time I used it often. Is that burnt out aircraft that they use for training still by the runway? I’d often wind colleagues up who were with me but who hadn’t used the airport before saying that it was a great airport but had a lot of crashes. The look on their faces was sometimes classic. Used it to go to the Channel Islands often from there in 1980’s. I loved the HP Herald with just a curtain ‘tween passengers and crew. Often had a colleague with me who was ex-RAF and seemed to have trained most of the aircrew of those Heralds. Did have one hairy moment there when coming back from Jersey a fire warning light came on on one engine and the crew even asked my colleague for his opinion. Anyway they shut it down and we completed the last quarter of the trip back to Southend on one engine. And that burned out hulk was in my mind all the time……
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During the Covid-19 Epidemic I will be wearing a mask and goggles while posting so that if I become infected I won't spread it to you.
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