Thursday, 30 June 2016

Well, well, well! Boris has dropped out!


The Conservative Party skittles were being assembled today and already one of them has dropped down.  I was amazed to hear at lunch-time today that Boris Johnson, leader of LEAVE campaign and ex London Mayor, had dropped out, supposedly because one of the other candidates, Michael Gove, had withdrawn his support.

That leaves Theresa May, Liam Fox, Stephen Crabb, Michael Gove and Andrea Leadsom still standing. The most experienced of these are Theresa May and Michael Gove, but I would like Andrea Leadsom to win because she was so prominent in the LEAVE campaign. She never lost her cool and always put forward a very plausible argument for Britain to leave the E.U.

Rumours are rife in the media just now. I have read that Germany and France may be seeking to hold a referendum as belief in the European Union wanes.

Whilst Nicola Sturgeon, First Minister for Scotland, visited Brussels with high hopes of achieving a deal for Scotland to stay in the E.U., she has been sent away with a big NON! So long as Scotland is part of the United Kingdom, they will be treated as such and there will be no special deals for her.

The U.K. wants to keep access to the single market once we have formerly left the E.U. but President Jean-Claude Juncker has enforced his opinion that that will be impossible. I call that blackmail.  I doubt very much if all the other leaders will agree with him. If countries want to trade with each other, then surely they don't need the European Union to arrange it. It's just a matter of time before the whole thing falls apart.

I didn't mention the Labour Party yesterday because things were moving too fast, as they are again today.  Jeremy Corbyn, the current leader, refuses to go but 80% of his MP's have turned against him, citing that whilst he is a very good man, he is not a suitable leader for the Labour Party. He just doesn't have the right qualities for leadership. Angela Eagle was set to make a challenge for the party leadership today, but she has not done so.

The ftse 100 has regained the levels it had before the vote last Thursday (that week went quickly)! The Gt. British pound is slightly up on the dollar and the Euro is worth 79 pence.


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