Brexit negotiations

We've employed the services of a currency broker (woo hoo! Get us!) and have started moving bits over.

Our bank (Lloyds) allows you to transfer £25k at a time simply by using your debit card (which is a bit scary when you think about it).

The rate's still not brilliant (£1: 1.11Euro) but it's better than it has been and the transactions are free.

When you apply for your NIE number (which you need to become a Spanish resident) you can then open a Spanish bank account.

Th only problem is, we have discovered that you need to go into your branch to set up internet banking for some bizarre reason, so transferring money was initially a bit of a leap of faith which resulted in a few sleepless nights.

All in all it's quite a simple process and we're now getting a better return on the money which had previously been accruing almost nothing for the last 10 years in our ISA's.

Hi Breaders. How's it going ?

Not bad, ta Glos.

Oh shit...we're behind!

Good. Hope it all works out for you.

Cheers, matey.

@Bread2.0 wrote:We've employed the services of a currency broker (woo hoo! Get us!) and have started moving bits over.

Our bank (Lloyds) allows you to transfer £25k at a time simply by using your debit card (which is a bit scary when you think about it).

The rate's still not brilliant (£1: 1.11Euro) but it's better than it has been and the transactions are free.

When you apply for your NIE number (which you need to become a Spanish resident) you can then open a Spanish bank account.

Th only problem is, we have discovered that you need to go into your branch to set up internet banking for some bizarre reason, so transferring money was initially a bit of a leap of faith which resulted in a few sleepless nights.

All in all it's quite a simple process and we're now getting a better return on the money which had previously been accruing almost nothing for the last 10 years in our ISA's.

Cheers. i have a euro account with Banco Novo (formerly BES) in Portugal so if there's no magic formula I guess the trick is just to wait for good exchange rate days. 

Hope you're keeping well amigo.

Cheers.

Yeah, that's pretty much it - wait and watch the rate.

The guy who helped us said they think it's about as high as it's going to get for the foreseeable unless something dramatic happens regarding Brexit, ie it gets abandoned.

Channel 4 news coming live from Bath this eve...last week they covered Brexit from Leavers point of view, this evening it's Remain. If I get chance to speak, I'd like to say we were asked a binary yes/no question whereas we are all on a continuum and the longer the Brexit 'negotiations' go on, the more those in the middle change their view and it only takes 2% of them to switch for it all to be reversed. I'm not on panel, I'm in the audience, so may not get a chance.

I'll deffo be tuning in - Ta for the heads up.

I'm becoming more and more convinced with every passing day that it'll never happen.

There's simply too much at stake and I can't see any politician wanting to have "Broke Britain as a direct result of blindly driving off the Brexit cliff" as their lasting legacy.

Keep "negotiating" (if that's what you can call it) by all means, but when it becomes apparent in about 12 months time that there's no deal to be had (as plenty of us have long predicted), hold a second referendum before it's too late.

Apologise to Brussels then quietly consign this unholy mess to the dustbin of history and get back to some sort of normality.

I hope you are right Bread but the trouble with the brexit loonies is that they will never stop with their fantasies. Only recently Boris repeated his lies about the £350m a week that we supposedly pay to the EU.

i can see whoever is in charge just leading us out of Europe whether we have a deal or not as they know that the 17 million who voted leave would never trust or elect them again.

This is literally why I predicted 18 months ago that a loaf of bread would cost about 3 quid, post Brexit:

https://www.ft.com/content/92bb5636-a95b-11e7-ab55-27219df83c97

That's wheat in that picture.

Wheat which is imported to the UK in vast quantities to satisfy the nation's love affair with chip butties.

It's a commodity, so the price fluctuates with supply and demand.

But as part of the EU collective bargaining group, UK bread producers benefit from being able to lock in future wheat purchases at a set price.

That will no longer happen if we leave the EU, so it'll be up to the UK government to negotiate favourable trade tariffs with wheat growers in the US and Canada.

And if you read the article, it doesn't look as though they'll be in any rush to do us any favours.

Hence, 3 quid a loaf.

(And that's without factoring in the increased manufacturing costs when the supply of available cheap labour from the EU dries up.)

That's it then we can't pull out, if i cant have my Warbies Toastle loaf at a reasonable price someone is in serious trouble, i practically live on bread 

Ha ha, you slag Boris off for his £350m NHS pledge, and then post that a loaf of bread is going to cost £3.

There are nutters on both sides.

In 50 years this will be seen as a great decision, and future generations will thank us. It's only the people who can't see past 2019 that seem to be wetting their knickers.

2021 you mean 

No, 2019, the extra 2 years hasn't been agreed to by the EU, yet. 
I genuinely cannot see a way back into the EU, no matter what happens with the negotiations. If, by some miracle it does happen, God forbid, just think to yourself how low our standing will be within the community. We'll be the whipping boys for everything, and everybody, whilst still paying a very high cost for the pleasure. We will have sold our ideals, principles, and country, for a handful of silver.

Another example of how easy it will be get fair trade deals with friends like America:

http://www.bbc.co.uk/news/uk-northern-ireland-41532309

@Natasha Whittam wrote:Ha ha, you slag Boris off for his £350m NHS pledge, and then post that a loaf of bread is going to cost £3.

There are nutters on both sides.

In 50 years this will be seen as a great decision, and future generations will thank us. It's only the people who can't see past 2019 that seem to be wetting their knickers.

Nuts' very own version of Sean Hannity speaks.....

Give us your thoughts on gun control and universal healthcare.

BAE Systems cut 2000 jobs  
750 in Lancashire where we made parts for the Eurofighter and some here in Norfolk. Perhaps the Government should be doing more to maintain current European contracts although BAE may have done this in the light of the punitive US trade tariffs or because UKs trading figures are so poor. The trade deficit widened by £2.9 billion to £10.8 billion in the 3 months to August. 

BAE Systems cut 2000 jobs  
750 in Lancashire where we made parts for the Eurofighter and some here in Norfolk. Perhaps the Government should be doing more to maintain current European contracts although BAE may have done this in the light of the punitive US trade tariffs or because UKs trading figures are so poor. The trade deficit widened by a further £2.9 billion to £13.2 billion in the 3 months to August - and that despite a much weakened pound which Brextremists still argue should help exports which it clearly isn't.
Manufacturing output is slightly up and that should be enough for the Bank of England to increase interest rates next month but the overall picture seems to be that despite paying more for imported materials, British manufacturers are still banging out product and hoping they can maintain the same margin - which their foreign customers aren't having.

Maybe we should invent a new lexicon for Brexit. We have Brexiters, Brexiteers, plus a few more,and now Wander has introduced Brextremists. Have to say, all this playing with the one made up word, Brexmyheart. 

@gloswhite wrote:Maybe we should invent a new lexicon for Brexit. We have Brexiters, Brexiteers, plus a few more,and now Wander has introduced Brextremists. Have to say, all this playing with the one made up word, Brexmyheart. 

ouch!

About fecking time....

http://www.huffingtonpost.co.uk/entry/jeremy-corbyn-will-vote-against-a-no-deal-brexit-labour-says_uk_59de52f3e4b0eb18af058f64?3if

I appreciate that this is far from Labour officially coming out and opposing the whole stupid idea of leaving the EU but it's a start, nonetheless, and it opens that door.

Good.

@Bread2.0 wrote:About fecking time....

http://www.huffingtonpost.co.uk/entry/jeremy-corbyn-will-vote-against-a-no-deal-brexit-labour-says_uk_59de52f3e4b0eb18af058f64?3if

I appreciate that this is far from Labour officially coming out and opposing the whole stupid idea of leaving the EU but it's a start, nonetheless, and it opens that door.

Good.

Don't start you gobshite.

I didn't start anything - I voted remain.

I have to say, even though I voted Tory, and am in favour of Brexit, I cannot believe how things are progressing, (or not). 
Its an absolute disgrace that the likes of Hammond, and Boris are playing their personal politics, with, unfortunately, a whole pack of shite-hawks backing each one up. Well done Grant Shapps, you back-stabbing tit !
This isn't the time to be carrying on as they are, and what makes it worse, is a PM who is weak, and would appear to have no idea on how to control the rabble she calls a party, especially as she seems to be indicating that she preparing to concentrate on home politics. 
Trump referred to sorting what he regarded as inept and corrupt politicians as 'draining the swamp'. I think we should look further back than that, to our own history, and remember November 5th, (or is that a bit extreme   )
What goes around comes around, and whereas the Tory party watched the Labour Party implode when Corbyn took charge, and revelled in it, they are now going through the same process. The major difference, and most damaging, is that this bunch of idiots are in charge of running the country, and more importantly, negotiating its future for generations to come. Its a bloody shambles.
Add to this depressing situation, that I'm a Bolton supporter, and you'll now see why I'm considering whether to escape to Spain, with Breaders, (I haven't told him yet  ) .

@gloswhite wrote:I have to say, even though I voted Tory, and am in favour of Brexit, I cannot believe how things are progressing, (or not). 
Its an absolute disgrace that the likes of Hammond, and Boris are playing their personal politics, with, unfortunately, a whole pack of shite-hawks backing each one up. Well done Grant Shapps, you back-stabbing tit !
This isn't the time to be carrying on as they are, and what makes it worse, is a PM who is weak, and would appear to have no idea on how to control the rabble she calls a party, especially as she seems to be indicating that she preparing to concentrate on home politics. 
Trump referred to sorting what he regarded as inept and corrupt politicians as 'draining the swamp'. I think we should look further back than that, to our own history, and remember November 5th, (or is that a bit extreme   )
What goes around comes around, and whereas the Tory party watched the Labour Party implode when Corbyn took charge, and revelled in it, they are now going through the same process. The major difference, and most damaging, is that this bunch of idiots are in charge of running the country, and more importantly, negotiating its future for generations to come. Its a bloody shambles.
Add to this depressing situation, that I'm a Bolton supporter, and you'll now see why I'm considering whether to escape to Spain, with Breaders, (I haven't told him yet  ) .

The thing is that we had a weak feckless back-stabbing Government who couldn't negotiate their way out of a wet paper bag before the referendum so why would anyone expect things to be any different now?

I voted remain because we are part of several global trade, manufacturing, banking, research and military alliances that have taken decades to put together and if I ever thought we could back out of them without causing massive damage to the UK this Government are the last people I'd want to negotiate on our behalf.

The question at the time was whether we wanted to remain or not. I doubt very much whether people considered how to vote, depending on whether the government was capable of negotiating a favourable result. It was more personal than that. 
When we look back, in order to answer that question, and lets be honest, both at the time, and now, neither party really comes up to the mark, when it comes to the actual negotiations, or so it seems. Regardless of politics and policies, the personal behaviours of our politicians leaves a great deal to be desired, again.

There will always be a welcome in the spare bedroom for you and yours, Glos.

That's if we can all still get flights over there in 2 years.....

http://www.independent.co.uk/travel/news-and-advice/philip-hammond-brexit-no-deal-ground-all-flights-uk-eu-airports-travel-european-union-a7994191.html