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  • the referendum

    Cannot find a thread but my understanding it that the UK is leaving the ecc and that this would be a great time to buy pounds; appears the brit pound has plunged. I could not find a breakdown but overall it looks like 71% voted to leave....one article believes that Cameron will stop all immigration; a little far fetched but who knows....referendum to leave the UK seems likely for Scotland

  • #2
    Re: the referendum

    Vote was 52 to leave and 48 to remain. So yes the UK has voted to leave the EU.

    Right now would be a good time to buy GBP but I don't expect this to continue for long as the essential of the UK are sound.

    Cameron has said he will step down and hopes to have a new leader in place by October.

    Yes it does make in more likely that Scotland will have a second referendum but to be frank I think that would be a bad choice for Scotland right now and it's also premised that the EU would accept Scotland as a member which is no means certain as Scotland's debt to GDP ratio is currently 9.4% and EU rules are that no member should have more that 3% or if they have over that then they need to show how they will meet that figure which Scotland would find very difficult.

    Hope that answers some of your questions.

    Alastair

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    • #3
      Re: the referendum

      This is a turn up for the books. I must say that I was surprised and I don't like the undertones of racism in the mix.

      Elda

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