Despite the noisy fallout from the vote, may of the fundamentals remain true. Our view as a [company] is that the UK remains a large, well developed economy with good long-term prospects. It's our home market and our job as a leading [company] here is to help it succeed.
Last week before the vote, we had 16 million customers that needed serving well. Today we have the same number and our job remains the same 0 to look after their needs better than anyone else.
Another part was also telling.
The reason for these falls and wider volatility is essentially the inability of the market to find certainty in what shape and state the UK economy wand its companies will be in leading u to and when eventually leaving the EU
Well blow me down I'd never have guessed. But let me take a wild stab at it. Maybe, just maybe, it's because you and all those like you told the whole damned world that it would be a total catastrophe, that you told the world the UK economy would tank the next day and that everything would go to hell, requiring currency manipulation, budget changes and all sorts of shenanigans because it would be so bad. Also, maybe, it's because of that moron Juncker who is telling the whole world he's going to be an intransigent martinet and is going to make this as difficult as possible for everyone.
Maybe this is why the banks in the rest of the EU are suffering more than ours are, why the Euro is falling and why their stock markets are being hammered...
2-3 months down the line it really is going to be "business as usual" and Cameron and the Tories need to stand firm, wait till October, have a dignified leadership debate and choose someone to trigger article 50 at that time.
Thus letting everyone get used to the ide whilst the 2 year window is not closing.
We've suffered worse. ERM was worse, the financial crisis was worse. Even better, the fact that we were never a cozy buddy of the EU means that separating us is going to be easier than any other country currently in the EU. We don't share a land border with them, we trade more with the rest of the world than the EU and that trend is growing, not falling (around 10% more in the last decade or so).
Rant and rave all you can Mr Juncker but you can't collapse our banks, you can't withhold our finances, you can't "punish" us without punishing yourself significantly more than you punish us. In short you are a powerless little man with a big rabble of bully boys behind you. All standing behind a fence and unable to get in. The reason it won't be amicable? Because they can't be boss and can't set the terms unilaterally as they have been used to with the EU. I was not joking when I said abusive controlling husband....
As I predicted _before_ the vote. Those who were doomsaying the economy have now been forced to highlight just how strong it is, how stable we are as a country and where our trading relationships lie. Whilst the Leave campaign may have been putting the best gloss on what they thought would happen, the Remain campaign were, quite literally, lying their asses off and now are forced to retract. Something which would never have had to happen with Leave in a Remain vote.
Which is food for thought if you were not quite decided.
On a slightly different and quite enlightening note.
#1 Daughter and #1 Grandson voted leave. #1 Daughter said she was undecided until she saw Juncker and his "you'll get nothing and you'll suffer if you do" position. She's very British is #1 Daughter, "up yours Mr Juncker" was the response.... Cameron was absolutely right in campaigning to keep Juncker out of that seat. I'm sure he was instrumental in turning at least 1% of the vote.
#1 Grandson called the result 3 days before. What he said was that every single undecided he knew was turning Leave in those last few days and that of those he was reading and did not know, the vast majority of the young were moving from undecided to Leave.
This decision not to have an exit poll, just like the Indyref, has seriously hampered the pollsters in understanding who voted what and why. Which means the next time they come to their polls, they will find it just as difficult to get a real result...
