Johnny Bognor

So any thoughts on the IMF'S opinion (amongst many) that the £ was up to 20% over valued? Would a correction have happened at some point anyway? Sent from my SM-G920F using Tapatalk

The devaluation after exiting the ERM was the springboard for a decade of economic growth.. a historical fact and an economic reality. The point I made earlier is that the remainers only see the negatives. There are clear positives. It's a question of which will out weigh the other, the answer to which no one knows. But this doesn't mean that remaining was not subject to any changes and would have been the status quo Sent from my SM-G920F using Tapatalk

According to the beloved IMF, continously quoted by remainers, the pound was up to 20% over valued. At some point this would have had to have changd to stop long term damage to our economy. It has changed and brexit was the catalyst, but it's naive to think that the pre-referendum level would have been sustained. Yes prices will go up. There seems to be a concensus amongst retail experts that this will be in the region of 3% over the next 12 months. It does make British goods better value by comparison. That aside, the question should be, will an increase in earnings be able to cover this? Last year earnings went up by more than 2.3%.

It was noting to do with brexit. The decision was taken, as evidenced by the chief exec, before the referendum. .. There may well be losses due to brexit but there will be gains too. How it pans out, nobody knows. In the medium to long term I happen to think it will be OK. The uncertainty in the short term, is problematic, but it's not helped by people peddling untruths Sent from my SM-G920F using Tapatalk

I guess it comes down to not wanting to be part of a club that has shown complete disregard for tens of millions of young people.. all for the sake of power Sent from my SM-G920F using Tapatalk

Errrr who brought up the 3000 job losses to make a political point, which turned out to be false????? You know, 'used' people who were losing their jobs and could not pay their mortgages??? Delighting in the fact that people were losing their jobs thanks to brexit, so that Brexiters could be blamed for something??? As i explained, the cuts were made to take account of the way we now do our banking. So unless you only use cash, cheques and the bank tellers, you are part of the problem. In fact, the increased use of technology everywhere is destroying jobs, so unless you're a techno phobe, you might want to take a hard long look in the mirror. As we're talking about jobs and the EU, what are your thoughts on the tens of millions of young people unemployed, thanks to the political obsession with the Euro and the eventual march towards the european super state?? The prospects for youngsters across the southern states is pretty bleak... this point seems to have passed the remainers by. Anyway, as I have stated many times, I want the UK to prosper, in or out, unlike many remainers who simply want the UK to fail, just to be proved right. Sounds pretty facetious to me. Oh and in failing, that means people losing their jobs and struggling to pay their mortgages. Are you one of those types???

Errrrrr two pints was trying to give it the big one how 3000 jobs were lost as a result of brexit. It was wrong and needed challenging. I got ridiculed for doing so and took personal insults. So excuse me for wanting to rub a few noses in it. As for bullying, I was standing up for myself against the three donuteers. The bullies lost on this occasion. Which is a moral victory I take some pleasure in. The "little man" won against golliath. The plain arrogance and intellectual snobbery displayed from remainers is in poor taste and i will continue to challenge them. Many a remainer seems to blame everything bad or negative on brexit, like there's never been any bad news before. I would go even further and say many remainers are hoping for and want the UK to fail, just to say I told you so.... I want the UK to succeed, in or out. That's the difference.

Errrrrr you declared game set and match before I delivered the killer blow and dunked the donuts. You were wrong.

Best post from you in a while, to be fair Does each dot represent each one of the three donuts?

That's right Wes. The poor fella has only just recovered from being dunked yesterday over the 3000 job cuts at lloyds (where the decision to cut them was made BEFORE the referendum), so give him a break FFS

I disagree. If your objective is to not have any trade deals with any of the world's top 10 economies (outside of the EU), then the EU negotiating team is quite brilliant Sent from my SM-G920F using Tapatalk

I agree. The EU are fantastic negotiators. Just look at their track record. Speaks for itself The key to their success is how they get all 28 members to agree to everything and how no individual states ever block anything. Quite remarkable don't you think???

Yes those Canadians are so difficult to get on with, they can't agree on anything. So glad we have the EU negotiating on our behalf ?

Bottom line is only 42% of the electorate voted to join the common market in the first place. By your reckoning, we shouldn't even be in it. 0% voted to join the EU, when we were promised referendums, flyig in the face if democracy. So as by your reckoning, we shouldn't have been in it in the first place, why are you complaining now?

If it's not my old pedigree chum... I've missed you. Anyway, not so fast... The decision to axe 3000 jobs was taken before the referendum... as confirmed by the bank Consider yourself dunked along with the rest of your fellow donuts!!!

The devil is in the detail... The FT actually says... Lloyds Banking Group is to axe 3,000 jobs in a £1.4bn cost-cutting drive and has damped the outlook for dividends following the vote to leave the EU. https://www.ft.com/content/a0c395f6-5491-11e6-9664-e0bdc13c3bef Your Bloomberg quote does not attribute the cuts to Brexit. It, like the FT, states that Dividend payments would be affected. So the outlook for dividends is dampened by Brexit. Job cuts are down to cost cutting initiatives, according to both the FT and Bloomberg. Now, let's move on to the killer blow... The decision to axe 3000 jobs was made BEFORE the referendum... "However, the bank stressed that the decision to close the branches was taken before the referendum result, as the number of transactions carried out in branches has fallen by another 15pc compared with last year." http://www.telegraph.co.uk/business/2016/07/28/lloyds-to-slash-3000-jobs-and-close-branches/ "The bank attributed the cuts to changes in people's banking habits, and the effects of interest rates remaining low for the foreseeable future. "The bank confirmed that the decision to make further cuts was taken before the EU referendum on 23 June" http://www.bbc.co.uk/news/business-36911896 Lloyds Bank ✔ @AskLloydsBank @JoHaley6 The decision to close these branches was made before the Brexit vote and is not linked to the result. The Lloyds bank half year results, state "Continued acceleration of strategy in line with customers’ evolving needs" in relation to the 3000 job cuts. It's on page 1 if you're interested... http://www.lloydsbankinggroup.com/globalassets/documents/investors/2016/2016_lbg_hy_results.pdf This is turning into a game of dunkin donuts... Consider yourself dunked

Because one was an announcement covered by most mainstream outlets with quotes from the banks chief exec. ... the other is reporting something that was announced 3 months ago LOL Look I know you want to believe everything bad is brexit related, which is why you and Tim were seduced by such a **** poor article. Do you not think that another 3000 cuts would only be covered by money marketing??? Missed by the BBC, ft, times, guardian, independent, ecomomist, wall street journal, telegraph etc? Not even the history graduate at the Guardian had anything to say about it. Perhaps you should do your own research before lecturing others on their research? ?? As for the 10% rise from Unilever, most experts believe it was excessive. Prices will undoubtedly rise with the fall in the pound (retail analysts predict 3% over the next 12 months). Some businesses, however, will undoubtedly try to profit from it, blaming brexit... and remainers lap it up

Errrr ...because it is wrong??? Sent from my SM-G920F using Tapatalk

I guess if tesco cough up 10%, you might be right. The dispute is settled now. Would love to know what they settled on. Anything less than 10% and it shows the hike wasn't justified. If they are pushing for a hike on currency grounds, I can't see the irish taking 19% when they should be going down Sent from my SM-G920F using Tapatalk

Either you are unable to understand bank announcements about job cuts or you are unable to see that money week are regurgitating old news and linking it tenuously to brexit. Just to repeat, in language you might understand.... lloyds announced an additional 3000 job cuts to the 9000 already planned, back in July. The bank cited an accelerated decline in branch use as the reason. The 3000 mentioned by donut, are the same 3000. Don't you think the media would have been all over another 3000 job cuts? Especially after announcing an additional 3000 job cuts in July? ?? Sent from my SM-G920F using Tapatalk

So your are standing by your assertion that the 3000 job cuts at lloyds are a result of brexit???? Sent from my SM-G920F using Tapatalk

So Unilever trying to push through 10-19% price hike in Ireland, which if I remember correctly is in the Eurozone... http://www.maxkeiser.com/2016/10/unilever-seeking-seeking-10-19-price-hikes-from-irish-retailers/ http://www.irishexaminer.com/breakingnews/business/unilever-price-dispute-affecting-supervalu-tesco-ireland-refuses-to-comment-759200.html So how can a 10% rise in the UK be blamed on the fall in the value of the pound, when they are pushing through greater increases in the Eurozone where unilevers products are now cheaper and there is no mention of currency changes? #talkaboutprofiteering #nothingtodowithbrexit # scapegoating

OK what did you do when we illegally invaded Iraq on false pretences? That significantly increased the price at the pumps...

So you're now saying that the additional 3000 announced in July is different to the 3000 reported yesterday (note: reported, not announced)??

What did you do when pump prices hit £1.40 two years ago??? Therein lies your answer