AFTERMATH HIGH COURT DECISION ON BREXIT Udate 24 Jan., 2017

Update 24 Jan., 2017 -- The Court decided that Parliament has to vote on it but PM May said that they had the Brexit papers already prepared just in case. Therefore it will not be delayed and Article 50 will be triggered on 1 April. The majority of Conservative MPs will vote on it and so will Labour. Some of the smaller parties said they will vote against and delay it but it will not have any impact. Then it goes up to the House of Lords and they want some amendments but they too promise not to delay it.

Update 19 Jan., 2017 --
The High Court of Justice will announced, next Tuesday 24 Jan., 2017, whether the Government's Brexit will be stopped or not or MPs will vote on it. PM May stated that she can evoke Article 50 any way. Labour Party already announced that it will not vote against Government Brexit. 

UPDATE:  PM May put an appeal in and the next hearing is on 5 December, 2016. It is the Remain campaigners which cause the trouble and it is a further hold-up and more money wasted. They are hoping to change public's mind to remain in EU.

The aftermath of the High Court of Justice's decision on Brexit has only began.  The High Court decided that MPs should have a vote on it.

However, it is doubtful the campaigners, who took it to the High Court, did not think the implication fully through . No doubt they must have realised it will have an impact but now the Pound has increased and the FTSE is falling.

Before the referendum vote the Pound was $1.5 and the FTSE 5,500 and minus daily.

After the majority of people voted for Brexit the Pound was falling which was good for export and the FTSE was increasing to over 7000.

Although the continuing falling Pound started to worry the City but surely it would have levelled out soon.

The increase of the FTSE started to improve the economy and would have encourage manufacturing which meant more jobs.

In view of that these campaigners who took it to the High Court did not the UK a great favour.

Although PM May tries to calm the explosive situation the  danger is that MPs would vote for Bremain since there was already a drum beating for changing people's mind after the referendum.

If that would be the case, it not only goes against the people's will but also the EU, as promised, will send a tsunami of new restrictive rules.

The £19billion a year membership and a number of other demanded extras will continue. Money which could bring the highest deficit since 67 years down and also benefit the NHS and Welfare.

For whatever reasons these campaigners took it to the High Court ; it unsettled the UK again and is not encouraging foreign investors.

BREMAIN LETTER FROM THE UK GOVERNMENT - Update 19 March, 2016

UPDATE: 19 March, 2016

A report from the Government warns people that it would costs £6,400 for every family to exit the EU. Another scaremongering?

In my opinion it would be one payment  only while the EU membership payments would continue at £19billion a year plus the continuous demands of other extra payment from Brussels.

The latest is a demand for £500million to Turkey to compensate for the refugee crisis there. Altogether Turkey will receive £4,2billion divided amongst EU members

Why is Brussels not closing its border like Australia and USA? Is it another money spinner for Brussels?

A letter was sent to all UK chief executives urging them to sign it to remain in the EU. It was written by 10 Downing Street pointing out it will risks job loses, trade and safety for Britain.

Corporation like BT, Marks and Spencer, Vodafone, Heathrow airport, BAE, Easyjet and BP signed amongst 36 out of the 100 registered in FTSE.

Other bosses are of the opinion it is not their place to tell the public how to vote Ladbroke, Persimmons, Intercontinental Hotels, Barclays and Provident Financial.

Regarding the scaremongering of losing the EU Market it has to be pointed out that Britain is a long standing World Trader and therefore it is doubtful it will be a great trade collapse as forecast.

Richard Tice, co-founder of LEAVE-EU said:” Downing Street has admitted using taxpayers’ money (how else) and ‘applying pressure’ on FTSE chairmen and chief executives to sign the letter.”

The letter stated: “PM had secured a commitment from the EU to reduce the burden or regulation, deepen the single market and to sign-off crucial intern trade deals.”

The signatories added: “Business needs unrestricted access to the Europe market of 500 million people in order to continue to grow, invest and create jobs. Britain will be strong, safer and better off remaining a member of the EU.”

The arguments against these statements are – Have not seen any of it so far on the contrary the job losses are by the thousands although the Government white-washing the number by Zero-hours contracts and various other methods. The people still remain unemployed.

Where was the EU when the British Steel industry collapsed? Reportedly Mr Cameron could have got a grant from the EU (or did he get one) but went to China instead and signed a contract for two Nuclear Power Stations.

Germany, France and Italy stopped cheap import of Chinese Steel to safe their steel industries and got a grant from the EU.

Regarding being safer – Britain got involved in an unprecedented migration crisis because of the EU open border policies and even now the EU will not close their border around Europe

European Court of Human Rights running British Law in the UK

The endless red-tapes almost suffocate UK businesses; regulation ruined fishing industry because of their quotas from Brussels. If it is over the quota the fishermen have to throw overboard dead fish. Does that make sense?

UK fisher boats stay in the harbour because having fished their quota while French, Dutch, Danish and Iceland fishing in UK’s waters Does that make sense?

Britain was always a big free trade nation but now the EU rules over it. Over the decades Brussels was introducing one regulation after another and by now runs the trade, law and immigration.

No doubt in the background is the USA which wants a United Europe and eventually to dominate it. Mr Obama is not visiting the UK for nothing and it has already been announced to persuade the public to vote “yes” for EU membership to be continued.

The EU Membership costs the British public £350million a week.  The NHS would be well financed. People would have jobs if invested in factories and it would stop homelessness plus reduce the cost of Welfare.

Mr Cameron is running around to receive a convincing new agreement with the EU and convince the public to vote to stay in the EU.

Brussels already announced that any agreement can be ripped-up at any times.  In other words if the public voted to stay in the EU the agreement can or would be torn-up. 

There is also the EU promise for more regulation will be issued, plans for a closer union, and the Government will have no power over its borders or Law.

Why is Mr Cameron kidding himself and the public?

The other point which Mr Cameron is using the Pound dropping in value against the dollar. The facts are the FTSE 100 is dropping drastically every day since his election and virtually no sign of his election promise of a better economy.  Another broken promise.