Brexit could be delayed

[stevewool]

Well would you believe it , Brexit could be delayed until 2019 and why because we are not ready until then.
So what could this mean do you think.
Could the pound go down any further, well they did say the pound is to high.
Could this effect the house price boom, well they did say that house prices was to high.
Could this effect stocks and shares,well since brexit, they have not gone down but are up to amazing highs.
Remember its only been a few months and looks what has happened , so how will we fair in 3 years.
Who knows but what has happened so far is not what people told us what would happen.

[purple]

Hi Steve, this has got nothing to do with Brexit but have you seen The Big Short film? Since the topic is more about the economy.

[Harry T]

Steve! the long and the short of it is no-one knows what will happen, the economy is controlled by many things outside of the Governments control ie, The Chinese economy, the American economy, the Greece situation, and indeed the EU stability, The Worlds Bankers to name just a few, Oil prices, one only has to look at what happens to markets when something drastic happens somewhere in the World, invariably Markets Fall and Gold increases, as for Brexit well its been voted on, and Britain is still open for business despite all the scaremongers suggesting otherwise, it just needs the button to be pressed on our exit..

[Harry T]

Following on from what was reported on the delaying of Brexit its good to read the following
http://www.msn.com/en-gb/news/uknews...PvS?li=BBoPWjQ

Thats IMO is the best way forward, its done and decided just get on with it..

[Trefor]

Brexit in 2019 means we issue Article 50 (our 2 years notice) in 2017. Not far off the current plan. Delaying may be a good thing as France, Germany and others have elections coming up. They will all face an anti-EU challenge (but shouldn't fall to such a party), with the result being a more moderate party when it comes to our individual trade negotiations.

[Terpe]

The markets are never happy with uncertainty and the Pound is sliding due to the long delay is pulling the trigger.
The deliberate leaks suggest article 50 being invoked only after autumn 2017

There are many market forces to balance, the key is how to define the strategy and support it.
Currently there are too many unknowns and too many divergence policies.

Yes, a weaker pound will benefit exports, but it may be a negative on cost of living as imports become ever more expensive.
Watch house prices too....