If the £ falls 25%

[Neddy flanders]

will price of wheat go up 25%
Will price of rape go down 25%

?

 

[Henarar]

if if's and and's were pots and pans we would have no need for tinkers

 

[Cowabunga]

The price of every input would go up 25% but our output would only rise by 15%. Someone apart from the producer will pocket the difference. That's the way it usually works.

 

[spin cycle]

The price of every input would go up 25% but our output would only rise by 15%. Someone apart from the producer will pocket the difference. That's the way it usually works.

can't subscribe to that....surely the output should be at least triple the inputs....so output would rise 45%

 

[yellow belly]

If £ falls 25% and wheat only rises 15% then exports will rocket

Imported food will be up 25% so supermarkets will order all the uk produced meat and food they can get their hands on increasing demand for uk produced food
Any out of contract producers will see much higher prices
Not enough uk produced food to fill all the market

Will the scare on a no deal brexit persuade enough mps to vote for the deal
On the basis that mps on block believed that brexit was Armageddon for the country and favoured remain in a big way if there is no other option they will believe that no deal is Armageddon and vote for the deal
They are like sheep and have no brains

To my mind how devaluing the % causes house prices to fall does not add up
The house price falls in the past have been precipitated by high interest rates high unemployment and a strong £
We have low unemployment by historic levels the boe will keep interest rates low and let the £ float
this will stimulate growth brexit induced lower immigration will reduce available labour keeping resident workers employed

 

[ollie989898]

A weaker pound would have the peculiar affect of making property in the UK more attractive to overseas buyers as far as I can see.

 

[E_B]

Potentially increased commodity prices mitigated by significantly increased borrowing costs and dwarfed by catastrophic property value reductions. Oh, and don't forget no subsidies. And I still see farmers on twitter championing a no deal Brexit.

 

[ollie989898]

Potentially increased commodity prices mitigated by significantly increased borrowing costs and dwarfed by catastrophic property value reductions. Oh, and don't forget no subsidies. And I still see farmers on twitter championing a no deal Brexit.

You are dreaming. Fall in property values. So you think that because the UK leaves the EU that suddenly America, Russian or Chinese investors will refuse to invest their money here? Dream on.

And you are wistfully worrying about your subsidy payments? The British public voted. They do not care one jot that your subsidy monies may be curtailed.

 

[yellow belly]

Potentially increased commodity prices mitigated by significantly increased borrowing costs and dwarfed by catastrophic property value reductions. Oh, and don't forget no subsidies. And I still see farmers on twitter championing a no deal Brexit.

Why higher borrowing costs if resession is forecast the boe will reduce interest rates to 0%

 

[bobk]

No deal is already priced in , Carney is a pansie .

 

[E_B]

You are dreaming. Fall in property values. So you think that because the UK leaves the EU that suddenly America, Russian or Chinese investors will refuse to invest their money here? Dream on.

And you are wistfully worrying about your subsidy payments? The British public voted. They do not care one jot that your subsidy monies may be curtailed.

I guess you know more than Mark Carney. Phew!

 

[Johnnyboxer]

You are dreaming.

Fall in property values.

So you think that because the UK leaves the EU that suddenly America, Russian or Chinese investors will refuse to invest their money here?

Dream on.

And you are wistfully worrying about your subsidy payments?

The British public voted.

They do not care one jot that your subsidy monies may be curtailed.

Have you run the BoE modelling then????????????

 

[ollie989898]

Have you run the BoE modelling then????????????

Quite frankly, I don't care a jot what the BoE wants. Carney made comments two years ago and has been proved wrong. He needs to shut up and stop interfering with real democratic process.

Overseas investors do not flock to the UK because it is attached to some collection of work dodgers on the public purse. They put money here because our government and society is far more reliable than their own.

 

[E_B]

Why higher borrowing costs if resession is forecast the boe will reduce interest rates to 0%

A global economic recession is different to a self-imposed shrinkage of GDP featuring hyper inflation and reduced property values. Increased interest rates to negate the bank's risk is a likely outcome IMO.

 

[rob1]

Have you run the BoE modelling then????????????

But all these different views are the precise reason why this forecast is just a guess, every company, sole trader and individual in the uk will make a decision on the 1st April as to how to react to whatever deal or not, there is not enough computer power in the world to work out every possible result, remember their predictions about what would happen as soon as we had a leave vote, recession rising unemployment etc etc and yet the doom mongers want us to believe these even wilder guesses

 

[Johnnyboxer]

Quite frankly, I don't care a jot what the BoE wants. Carney made comments two years ago and has been proved wrong. He needs to shut up and stop interfering with real democratic process.

Overseas investors do not flock to the UK because it is attached to some collection of work dodgers on the public purse. They put money here because our government and society is far more reliable than their own.

Brexit is foolhardy at best and this has just borne it out

It just proves how stupid the UK has become

 

[fudge]

If there were a no deal withdrawal from the EU there would be no barrier to the UK sourcing food from anywhere. I understand poultry meat for example, is about 30% cheaper in South American than it is here.

 

[bobk]

Brexit is foolhardy at best and this has just borne it out

It just proves how stupid the UK has become

Yorkshire was 70% leave .

 

[ollie989898]

Brexit is foolhardy at best and this has just borne it out

It just proves how stupid the UK has become

We were indeed stupid, to sign up to a trade agreement that was in reality a political union.

You may indeed be AOK with surrendering our national sovereignty, adopting European funny money and letting unelected muppets like Neil Kinnock govern this country, but I am not. Hundreds of thousands of men died to prevent the rise of the third Reich and now another collection of jokers is doing the same by the back door.

They have stated they want ever closer union, they want central control of interest rates, taxation and economic policy. They want centralised control of migration and even military assets.



The British people have quite literally said fudge that, and it won't be long before the Italians and Poles are doing the same. These countries have experienced dictators before. You think they are gonna take this lying down!?

 

[Flat 10]

Potentially increased commodity prices mitigated by significantly increased borrowing costs and dwarfed by catastrophic property value reductions. Oh, and don't forget no subsidies. And I still see farmers on twitter championing a no deal Brexit.

All those things sound good to me....