Could this possibly be seen as a hint of good news?

[tyelaw47]

Pound is holding up well and is the highest against the euro in the last 30 days!
Is your glass half empty or half full?

[Jimgym]

The EU want Britain to have another referendum, as they didn’t achieve the correct result, rather like Ireland I believe.

[OhSusana]

Pound is holding up well and is the highest against the euro in the last 30 days!

Indeed. Not doing too bad. This is how Reuters read the latest increase - yesterday, I believe.
LONDON (Reuters) - British inflation jumped unexpectedly to a six-month high in August, pushed up by bigger-than-usual seasonal increases in sea and air fares and briefly sending sterling above $1.32 for the first time since July.
https://uk.reuters.com/article/uk-brita ... KKCN1LZ0Y9

The chances of an interest rate rise in say February have increased by 10%, I read elsewhere.... If inflation stays high then the pound will be a little higher.
I noticed both the euro and pound were up today against the dollar. Trump's trade war with China playing a part here - so I read.
Average for 2017 was 1.14. Average, so far, for 2018, 1.13. (pound/euro)
Currently 1.1264

[Dominic]

And of course implement custom borders between NI and the UK, a bit like introducing controls between Bavaria and the rest of Germany, now that would go down well wouldn't it. The EU will simply not compromise, wrap it up any way you want, it needs to punish the UK for daring to leave, as an example to any other country that may have similar ideas. Mr Bernier and the odious Mr Juncker are intent on ensuring that no deal is made and their gravy train continues on to the ultimate goal of a Federal state, thankfully one the UK will not be part of.

The only alternative is to implement borders between NI and Eire.

Besides, if there aren't strict border controls there, what's going to stop loads of illegal immigrants coming into the UK from that route? I thought one of the reasons people voted for Brexit was to take control of the UK's borders. Well, that means they have to take control of them. Not just implement some wishy washy fudge.

[Jim B]

And of course implement custom borders between NI and the UK, a bit like introducing controls between Bavaria and the rest of Germany, now that would go down well wouldn't it. The EU will simply not compromise, wrap it up any way you want, it needs to punish the UK for daring to leave, as an example to any other country that may have similar ideas. Mr Bernier and the odious Mr Juncker are intent on ensuring that no deal is made and their gravy train continues on to the ultimate goal of a Federal state, thankfully one the UK will not be part of.

Hudswell
You just do not appear to be able to understand that it's the UK that is leaving the EU, not the EU leaving the UK.
The UK is trying to push the EU into accepting its proposals but because the EU is not willing to compromise it's founding foundations they are "bullying" the UK.
Strange logic.

Jim

[Dominic]

How can you say something is "simply unacceptable" while at the same time accuse the EU of being unwilling to negotiate?

[Jim B]

Hudswell

It's the UK trying to negotiate a good leaving deal, not the EU. The EU has its position and is sticking to it; that's not " Bullying". The UK is making threats (we will walk away if you dont give us what we want Etc .) ; that is "Bullying ".

Jim

[PhotoLady]

Did anyone actually believe it was going to be as easy to cut ties with the EU?
Of course we're going to be punished for walking away! Anyone who thought any different were wearing pink glasses.
Again, trying to choose the bits we want to keep has had another slap in the face yesterday. Nothing good is going to come from this...

[Jim B]

Hudswell

The UK Government wants its cake and to eat it. They want to leave the EU but keep the bits of the membership which was favourable to the UK and not have to abide by the parts that they don't like and the EU is saying "NO, you cannot cherry pick".
As I keep saying; the EU has stuck to its red lines while the UK puts forward proposals that try to breach them and are unacceptable.
NI and Eire border is an insolvable problem; the EU has put suggestions forward to try and circumvent the problem and that's all they are, suggestions, not diktats.

It appears you believe the EU should give the UK everything it asks for and you accuse me of being naive. Where is this easy leave scenario that all your Brexit Leaders promised, if a naive person like me could see what was going to happen why couldn't a "worldly wise person like you see it as well?
Instead of blaming everyone and anyone in the EU hierarchy you should really look closer to home.

Jim

[Jim B]

Because it took about seven years ( +/- for the pedants) to negotiate the deal with Canada but the UK wants a Canada++ deal and cherry pick the bits it likes and discard the bits it doesn't.
Yesterday May tried to strongarm the EU again with her my way or the highway approach and it's backfired. Even though she was told weeks ago there were parts of the Chequers plan that crossed the EU red lines she told the leaders of the other 27 members it was either that plan or no deal. No bullying from the EU as far as I can see, just sticking to their principles which seem to be sadly lacking in the Tory Party these days.

PS I think the Japanese Trade Agreement took 12 years to negotiate though I'm sure someone will correct me.

Jim

[WHL]

Hudswell

It's the UK trying to negotiate a good leaving deal, not the EU. The EU has its position and is sticking to it; that's not " Bullying". The UK is making threats (we will walk away if you dont give us what we want Etc .) ; that is "Bullying ".

Jim

Yes Jim negotiating a deal which is good for the UK, which has democratically voted to leave the EU and still be on propserous (benificial to both) trading terms with the EU. If you watched the news yesterday, have read the reports in newspapers today and cannot see that the EU is simply not going to move or accept any position less the UK having another referendum and voting to remain you really are being naive. The EU know they have the upper hand, and for that I do blame our politicians who are letting the country down badly, creating division and a weak negotiating position instead of being United, and presenting a strong front. The UK will leave the EU, agreement or not, and the likes of Merkal,Macron Juncker and Bernier will no doubt try everything to bring a great country down, yes they are bullies, of the worst kind and certainly not people I wish my country to be associated with.

Your so funny, May and her associates are doing a great job of that , with out the help of the EU,

[Jim B]

Hudswell.
But they don't want to be fully compliant after Brexit and that's the crux of the matter. The UK wants to change certain aspects of being compliant to suit themselves and the EU is saying that's not possible. The UK wants all the benefits without the responsibilities.
Both sides are negotiating for their people's future, it just so happens the EU negotiators are making a much better job of it.
Jim

[Devil]

And Jim, the UK is 100% compliment with eu regulations unlike the Japanese and Canada, so please explain to me again the issue...no bullying? Yesterday was a shameful day for the EU, and it's so called Statesmen, Macron should be ashamed of himself.

Yesterday was a more shameful day for Theresa May. It was totally foreseen that evoking Chequers was simply not on the cards and she simply brought everything upon herself. If she had the slightest bit of sense, she should offer her resignation. The EU leaders had no choice but to tell her that Chequers was a dead duck. The amazing thing is that nearly everyone foresaw what was going to happen if she were to stick to her guns, even weeks beforehand!

[Jim B]

Hudswell
She was told and told and told the Chequers plan was not acceptable to the EU several weeks ago and it required major changes but she insisted on proceeding with it in it's present state regardless. Really the only person responsible for this total fiasco is the PM herself. You can blame and curse the leaders of the EU states all you want but all the did was confirm their position which has been the same since day one.
Jim

[Devil]

The best thing she could do now is to go to the EU, cap in hand, and say that the UK made a big mistake: sorry! Can we rejoin?

[Firefly]

The hell she will, WE don't want to rejoin, oh but we can't because we haven't left yet. WE want to leave, the sooner the better !

[Lofos-5]

The best thing she could do now is to go to the EU, cap in hand, and say that the UK made a big mistake: sorry! Can we rejoin?

Sadly, the scenario below is more likely to happen:

http://jeffreyhill.typepad.com/.a/6a00d ... 970d-800wi

A.

[Devil]

The hell she will, WE don't want to rejoin, oh but we can't because we haven't left yet. WE want to leave, the sooner the better !

Okay, you have all the answers: why don't you let Theresa May, who apparently has no answers, listen to you?

[OhSusana]

Pound is holding up well and is the highest against the euro in the last 30 days!
Is your glass half empty or half full?

Back to the subject of this thread.
The good news about the pound being so high.
Currently it is at

1.113 to the euro. I presume the recent Brexit joys provided by fruitcake May are to blame. It's gone down a lot today.
Just found this
Pound falls after May's Brexit statement
https://www.bbc.com/news/business-45604230

[Lofos-5]

Some references to the state of the currency in here too:

https://www.independent.co.uk/voices/th ... 49081.html

A.