Leavers laughing at us remain people. SMH. watch the economy fall and burn.
-as the pound falls, imports become more expensive, causing inflation
-inflation will increase mortagages, as a result interest rates rise, rents become more expensive
- Scotland and NI will have another referendum which will break up UK
- economy will suffer badly due to lack of investment, wages expected to fall by 5%, government will have less money as a a result we can expect more cuts to NHS and pensions (nigel admitted the pledge to give NHS 350million a week was a 'mistake') on top of this this investors are choosing to invest in the EU not UK as it is safer.
- it will take many long years to recover as EU members made it clear we would not get any benefits, also our influence within europe will decline triggering mass isolation
THE BIGGEST EFFECT- banks will move abroad as the economy falls they cannot trade across the EU.The 250 foreign banks based in the UK employ almost 160,000 people. these are globalised businesses which face very little regulation- why stay in UK when you can go to Hong Kong? or emerging markets where corporation tax is dirt cheap and regulation is even less?