EU referendum, brexit and the aftermath

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  • What percentage of construction industry output do we actually export though? We already have a big trade deficit in construction materials alone, the devaluation of the will probably not help this, or the construction industry as a whole.

  • what if the tory election fraud investigation proves that the referendum was called by an illegitimate government?

  • Is that the sound of clutching at straws I hear?

  • The UK Construction industry certainly exports a lot of profit out of the UK
    :
    British Gypsum: bought by St Gobain of France, plaster & plasterboard under French control

    RMC: bought by Cemex of Mexico, ready mixed concrete supplier under Mexican control
    Hanson: Bought by HeidelbergCement, ready mixed concrete supplier under German control
    Tarmac: Bought by Lafarge, ready mixed concrete supplier under French control

  • Trying to get out of leaving on a technicality would be a stitch up and rocket fuel to nationalists.

    What would you suggest? Just accept the results and vote in the next general election?

    I'm still thinking through things, but my initial thoughts are to loby all of my friends to write to their MP along the lines of the suggestions so far.

    A significant % of the population protested by voting out. Why should those who are angry about the result passively accept it?

    The only logical reason for me to accept the result is that uncertainty and disruption negatively impacts the markets. Therefore, the quicker it is resolved the better. However, with the political clusterfuck in Labour and the Conservatives, and the total lack of a plan I doubt see that it will make much more difference.

  • Man,I used to think I was left wing. I listen to that video and he makes it all sound so simple. I don't think it's so simple!

  • We live in a globalised world. That is the reality.

    How many British companies own stakes in foreign ones?

    The nationalist view that manufacturering must be in-house, and that foreign ownership is inherently bad by its nature is the type simplistic case that Brexit put forward.

    Why don't people bang on about our basic consumer goods?

  • Jeremy Hunt seems to be up for the Tory leadership contest and standing on a 'Second Referendum' ticket.

    http://www.bbc.co.uk/news/uk-politics-36647948

    This could get interesting...

  • That's a great point, I'm in the same place, I swung from anger and disgust to basically hugging my family and crying like that time I watched the notebook. I'm now in the 'lets fix this shit' frame of mind, with a side serving of disgust at the lies and people that told them to bring us here.

  • is marmite still made here?

    i ruddy love marmite.

  • The proposed Tory Trade Union legislation would have required a majority of the electorate, not just those who registered a vote, to allow strike action.
    Apply the same criteria to the vote in your area,
    and,
    I doubt any MP has a convincing mandate, (even 65% of a 70% turnout, only gives 45.5% of the electorate).

  • Wandsworth. 75% Remain, 72% Turnout = 54% of the electorate voted Remain.

  • I'm not going to go through the whole list, but how many of those companies are listed? Saint-Gobain S.A. is.

    Once which case what's the disadvantage of UK subsidiaries employing UK workers and ultimately distributing profits to shareholders, who can be British?

    The vast majority of shareholders of PLCs are pensions funds anyway.

    If I'm missing something I'm happy to be corrected.

  • Well that has cheered me up.

  • Can't be any doubts as to the stance of the MP either:-

    https://twitter.com/maryellenfield/status/745905691035045888

  • of the 382 voting areas:

    16 have a greater than 50% remain vote of total electorate (Cambridge highest @ 53.28%)
    18 have a greater than 50% leave vote of total electorate (Thurrock highest @ 52.56%)

  • Oh and Glasgow City which overwhelming voted remain, had the lowest turnout at 56.25%
    in fact 7 of the 10 areas with lowest turn out voted remain, most overwhelmingly.

  • I'm not asking you to do that. I'm suggesting we don't use language that's inaccurate and divisive. I don't think we need a phrase for something that's a myth.

  • Possibly because they knew the result there was a forgone conclusion.

  • It was 2-1 for remain.

  • True but I already got corrected on that as the price of raw goods also goes up...they guy said it's only services that may benefit.

    Well, which ones? :)

    [btw buy those vacuum cleaners with faces they're made in Britain I haz one]

  • Chinese contracted power plants, train companies owned by Ze Germanz.

    The French just pretty much ignore EU regulations on protection of companies and have bailed some out, the UK could choose to play that game, but does not.

  • Thanks, saved me the effort of doing that (and highlights how rounding errors compound in my calculation based off 74% and 72%)

    Interesting that the different results interpretation slightly favours the Leave side too.

  • interestingly, no matter how I scale the numbers (full turn out, avg. turnout) I can't get Remain to win, which sucks.

  • I honestly doesn't work like that.

    When it comes down to a general election, there is an argument that even a majority vote can lack a mandate if they don't command the support of the majority of the voting population. For instance, it could be taken that a portion of society is sufficiently disaffected by the political process that they don't wish to engage with it. These people, along with all those that did vote but for other parties are therefore saying they don't want to governed by the party that has been returned to power. However, that argument is actually pretty flimsy.

    A similar argument simply doesn't apply to a referendum. This is because it is asking a question on what national policy should be regardless of which party is in power in government. The 30% that didn't vote have to be presumed to not be sufficiently interested in the issue to express an opinion. Therefore the extrapolated results are:

    36.4% Leave
    33.6% Remain
    30.0% Not Bothered.

    That 36.4% is your mandate right there.

    Even if 50.1% of a turnout of 50.1% voted leave, giving us:

    25.1% Leave
    25.0% Remain
    49.9% Not Bothered

    You still have a mandate to Leave because you can't act on Not Bothered. Those non-voting people have to be presumed to not object to either outcome. The people who did vote still have that right to have their views represented in the House of Commons. To argue that there is not mandate because less than 50% of the voting population support something is expecting that everyone has an opinion on a matter and that simply isn't reasonable. You're allowed to not have an opinion and abstain from expressing one if you want to.

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EU referendum, brexit and the aftermath

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