Brexit uncertainty: Is the British pound poised for a recovery?

Brexit uncertainty: Is the British pound poised for a recovery?

Paul Sedgwick, chief investment officer at Frank Investments, says that we ‘could see the pound recover’. He explains that, with the weakness in sterling, he would have expected the FTSE 100 to have performed better than it has done this year.


No Logic180 says:

Brexit beach party at the seaside resort of Wijk aan Zee on October 31

Netherlands (Ps make shure you can get back) for the rest of the world everyone is welcome. Europe is ready lets hope or Britsch friends are ??

Repulse theMonkey says:

Yes. If we can finally exit the EU, and get trade deals going with the US and Australia (to start with) the sky is the limit.

Paul Nolan says:

Last Updated: Aug 21, 2019 at 7:50 a.m. EDT



-0.0027 -0.22%

Paul Isbell says:

The first lock is the transition period, which lasts until at least 2021. We must
hand over an estimated £39 billion for nothing, be bound by EU law and take
orders from an unelected Joint Committee operating under the jurisdiction of the European Court of Justice. Will the EU27 agree an equitable free trade agreement before the end of 2020? Unlikely, since all the goodies they want in the “future partnership” are set out in the Northern Ireland backstop, which kicks in automatically on 1st January 2021 unless superseded by a
partnership” agreement. Full ratification by all Member States is required
before any such agreement can come into force. Achieving this in time to avoid
entering the backstop would be nothing short of miraculous, even if the EU
agrees to extend the transition period for one or two years. So it is more pay
with no say and a likely doubling of the Brexit bill to £80 billion, to be paid with
no reference to British MPs.Not only does the backstop carve out Northern Ireland a an EU province and set a border in the Irish Sea, it creates a partial “customs union" that requires us to implement EU trade tariffs and with no decision making powers.
Under highly restrictive “non-regression clauses”. the UK also agrees to
implement all EU emimnmental. competition, state aid and tax harmonisation laws, with the unelected Joint Committee and the ECJ once again able to punish us for any perceived backsliding. British farmers will be locked into a subsidy regime well below support received by EU27 farmers , who nevertheless
retain tariff-free access to the UK. British agriculture would be decimnted. It
means we could not support British businesses, give ourselves a competitive edge in new technologies where we excel. strike independent trade deals or diverge in key policy areas Such as good regulatory and tax Free EU access to UK fisheries to sit down as a marker for negotiation future “deal”
The Political Declaration replicates all the onerous “non-regression” clauses of
the backstop and requires even more surrender of sovereignty via participation in and funding of the EU’s aerospace and defence programmes, free access to UK waters for EU fishermen, a full customs union and common trade policy, free movement by the backdoor under “mobility” clauses, EU control of UK agriculture via the state aid rules and in general full adherence to the acquis communautaire in all policy areas.

gary white says:

Answer = No

Thabang Tukule says:

I'm leaving my broker for this broker. They thought me a lot

Paul Hunt says:

No mention of gold mining stocks!

weaverspell says:

NO DEAL BREXIT for a Free and Independent Britain!!!

Jevarena Forex says:

I hope it is next month, i sell my house and buy everything on pound

The Tycoon says:

First viewer here ✌???

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