London post-brexit as a financial center

Visaria said:
When the referendum was initiated, the UK govt sent a leaflet to every household in the UK, which urged everyone to vote against leaving with warnings of doom and gloom if we voted to leave (some lies there schweiz since we had a boom after the vote but who cares about that...). In addition, it was very clearly stated that whatever the result, it would be implemented. So that's the first thing.

Second, we had a general election in 2017 where 85% of the electorate voted for parties who promised to uphold the result of the referendum.

Third, MPs debated and voted for Article 50 (the legal clause which says exit) in March 2017 and passed legislation to say we would leave in exactly 2 years time i.e 29th March 2019.

So the vote to leave has through democracy and process been enshrined in law.
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You never said how you voted? I didn't vote, just in the interest of equal disclosure.
 
Today :
The Conservative party has contacted all its MEPs to ask them to consider running for election in May if the prime minister’s Brexit deal is defeated on Tuesday.

Ashley Fox, the party’s leader in the European parliament, contacted MEPs to ask them to think about their options in the event that Theresa May’s deal fails again.

“May I ask you to reflect over the weekend whether you would wish to stand as a Conservative candidate. I will speak with you all individually after the MV3 [meaningful vote 3) next week,” he said in a WhatsApp message to MEPs after MPs voted overwhelmingly to delay Brexit on Thursday night.
 
Visaria said:
the result has been enshrined in law and must therefore be carried out.
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There was no time limited mentioned for the execution.
What if there is a new referendum, which is legally possible, and the result would be a "stay", before the previous referendum could be implemented?

Where will you move end of march? You could buy Neverland in the US and make it Leaveland. The price is a bargain at this moment. :D
 
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It should be noted that all the votes in Parliament last week are NOT legally binding.

schweiz said:
There was no time limited mentioned for the execution
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Yes, Article 50 says 2 years. I refer you to paras 2 and 3 below. The notification was made in March 2017 that we want to leave.

"2. A Member State which decides to withdraw shall notify the European Council of its intention. In the light of the guidelines provided by the European Council, the Union shall negotiate and conclude an agreement with that State, setting out the arrangements for its withdrawal, taking account of the framework for its future relationship with the Union. That agreement shall be negotiated in accordance with Article 218(3) of the Treaty on the Functioning of the European Union. It shall be concluded on behalf of the Union by the Council, acting by a qualified majority, after obtaining the consent of the European Parliament.
3. The Treaties shall cease to apply to the State in question from the date of entry into force of the withdrawal agreement or, failing that, two years after the notification referred to in paragraph 2, unless the European Council, in agreement with the Member State concerned, unanimously decides to extend this period."
 
I think Farage and hardcore Eurosceptics have made a mark and EU Leaders voiced there opinion, Article 50 Extension will only be approved by EU Parliament for a valid reason ( 2nd Referendum ) or more time needed to finish paperwork of an approved deal... If May gets rejected third time, it seems like a no deal is coming. It was headed for a Second Referendum which stay would of won by a wide margin, Corbyn blocked it and made sure UK was leaving, he is anti EU on the down low. It was a shocker when Second Referendum vote got destroyed by such a margin, only to reveal Corbyn told his MPs to abstain. Last Thursday was a complete 360 to the narrative that had been unfolding for two years

 
Stockolio said:
The Thrilla in Manila continues! EU Parliament will not like this move by Bercow, right before they vote on Extension... Orrrrrderrrrr

https://www.standard.co.uk/news/pol...-as-he-rules-out-third-a4094836.html#comments
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I think British politians have more problems with this than the EU.
Reuters:
"Rule from 1604
Bercow decided, on the basis of a parliamentary rule from 1604 that has been applied only a few times, that the deal cannot be resubmitted. The rule states that a proposal that has already been rejected cannot be dealt with again during the same parliamentary year.
Bercow would not have made his decision known in advance to the government, which therefore completely fell out of the blue. Some government members would have reacted furiously, others sank into despair in the face of so much chaos. Political scientists talk about an unprecedented "constitutional crisis" ten days before the perhaps most important political decision ever in the UK.
Other observers see it less gloomy and argue that Bercow may even have helped May because she did not have sufficient guarantees to win the vote this time. The hard brexiteers and her Northern Irish tolerant partner DUP remain skeptical about the agreement, despite consultations that have been raging for days.
Way out
The government is quickly looking for a way out this morning. It is unlikely that there will still be a vote this week, although the parliament may overrule Bercow's decision by majority voting. However, the chance that this will actually happen seems small.
"This is a moment of crisis for our country," said Brexit Minister Steve Barclay this morning. "The decision of the House of Commons has raised the bar, and it seems unlikely that we will be voting this week."
European top
On Thursday there will in any case be a European summit where May also goes. The intention was that she would ask for a postponement there, depending on how her deal would be voted on. May will probably still ask for a postponement, but she will be heavily placed on the roster by the 27 other EU leaders. They now finally want to know where the United Kingdom wants to go. The German Minister for European Affairs, Michael Roth, said this morning that "our patience is being seriously tested". "I call on our British partners once more to finally come up with concrete proposals," said Roth, who said he was "exhausted" by the negotiations that seem to lead nowhere.
Another possibility to get the Brexit deal on the table of the parliament is that EU leaders may grant May - after a series of reprimandes - a postponement and set a new date for leaving. This can then be registered in the agreement, after which it is no longer the same as in January and Bercow's rule would no longer apply.
Elections cost £ 100 million
A number of hard brexiteers were particularly satisfied with Bercow's decision yesterday. They still hope that the British will leave the EU on 29 March without agreement. But the British government immediately suppressed that hope and made it clear that May will have a delay in Brussels anyway. The question is whether that already happens Thursday.
The chance of a longer postponement of the Brexit has grown seriously with Bercow's decision. That would mean that the British would also have to go to the polls for European elections on 26 May, which would be a big deal at the organizational level, barely two months in advance. And moreover with a cost of 100 million pounds (117 million euros)."
 
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