Jacob":2gtxikrh said:
thetyreman":gg8o4t05 said:well done for destroying our country, if you voted out.
http://www.telegraph.co.uk/news/2016/06 ... a-mistake/Ali":1e6xbznq said:....
Anyway at least we have those juicy £350m NHS construction projects to look forward to.
AJB Temple":3dvd0wka said:If current massive fall in FTSE is sustained, pension pot values will be down as well. We will all be working longer for less perhaps?
thetyreman":20fwd7tv said:well done for destroying our country, if you voted out.
AJB Temple":9a7y6qu3 said:Interesting reactions on here for those who work in the wood industry?
Most of our timber is sourced from overseas. Weaker pound pushes the prices up. Anyone sourcing things like oak via French lumber yards (even if your Merchant is in the UK) will see this in short order. My main oak supplier (I am not a big customer but I buy several cubic metres each year) I reckon has less than 4 weeks stock and is beholden to France for supply. He is looking at 20% price increases for materials and haulage compared with 4 months ago. His customer base will shrink.
If we get recessionary deflation, as seems quite possible, the building and associated industries will see a very rapid downturn and falling demand reduces prices and increases competition for work.
There will be some tough times ahead and people may get to find out quite quickly the price they are paying for sentiment. It remains to be seen whether out was a good idea or whether in fact the turkeys voted for Christmas.
thetyreman":2usngj5a said:well done for destroying our country, if you voted out.
AJB Temple":g4e4ueva said:Just had a conversation with my brother who voted out. As did most of his colleagues he thinks. He works for a company that makes ranges and cookers for both the domestic and commercial sectors. Virtually all of their products are sold in the UK (the design is not popular in Europe) and virtually all of their materials (specialist steel and electronics) are sourced from Europe. So they get the double whammy of hardly any exports and high level of imports. They have failed to obtain these materials in the UK previously. I commented that the logic behind his voting decision is interesting. He voted to deal with the "immigrant problem". Despite their being no immigrant problem where he lives or where he works.
The company is owned by an american investor. He has already warned the workforce today that redundancies are likely. Interesting times.
If current massive fall in FTSE is sustained, pension pot values will be down as well. We will all be working longer for less perhaps?
thetyreman":3vn5zeou said:well done for destroying our country, if you voted out.
Noel":1xyrgmwx said:thetyreman":1xyrgmwx said:well done for destroying our country, if you voted out.
Yep, totally bloody stupid decision.
Scotland and NI both democratically voted to stay, but as usual over ruled by a nation that cares little for those outside their insular domain. Personally my business will be finished if A50 is invoked. My kids will not be able move or live or work freely in Europe. Every local overseas company that set up here as a gateway to Europe will likely up sticks and move. Border controls up again, waiting in queues to enter or exit. Economy starting to slide, GBP already falling.
I am so fooking annoyed at this, thanks a bunch, this is going to hurt a lot of people and a lot of families.
Best of luck with this ejit:
Wuffles":2gcnoook said:Yes, if he becomes PM my Boris Johnson piñata business will be out the window.
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