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Old 05-08-2016, 15:37   #1461
Big Brian
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Re: Post-Brexit Thread

Quote:
Originally Posted by martyh View Post
On the contrary ,everything has changed .Companies in general have no idea what UKplc will look like in 5-10yrs time and construction companies in particular are particularly vulnerable to changes in government policy .They also rely heavily on lending to build the houses and the ability of customers to borrow the money to buy the houses they build .Any uncertainty in financial markets will without a doubt negatively affect house builders.

What the government do over the next 6 months will determine the ability of what large companies can achieve over the next 10 yrs.What we are seeing now is a sharp intake of breath waiting for the government to make it's move.
They shouldn't bother about 5-10 years they should just carry on as they are. Regarding the EU nothing has changed and won't until we start negotiations. Trading still continues as it has always done. We are still full members until we decide otherwise.

---------- Post added at 15:34 ---------- Previous post was at 15:31 ----------

Quote:
Originally Posted by Maggy J View Post
http://www.bbc.co.uk/news/live/business-36924098

Pound drops again..But hey that's just part of readjustments right? It's not going to keep happening is it?
Actually according to the news today it is where it was before the referendum.

---------- Post added at 15:37 ---------- Previous post was at 15:34 ----------

Quote:
Originally Posted by nomadking View Post
If you had shares in a company and everybody was saying if X happens then the share price would go down, what would you and everybody else do if X happened. You and everybody else would sell, which is what would drive the price down and not whether X happened or not. When people were gleefully saying that the value of Sterling would go down, the markets had little option but to sell Sterling, thereby driving the price down. It was where enough people are made to believe that something will either go up or down that makes it happen. A self-fulfilling prophecy. By predicting something, you make it happen.
The same thing they would do regardless of whether we voted to leave or remain in the EU or if there had never been a referendum on the EU. Buy and sell as normal. Can't blame that on Brexit.
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