The stock market didn't crash. It went down for a small amount of time then went straight back up. It wasn't a crash at all.
Inflation isn't rising sharply. Some prices are going up. Others are going down. Just like they do these days.
Financial services leaving? Just a guess. No proof in the slightest. Just like car makers were supposed to pull out. But new models have recently been announced.
I agree with you on the Cameron lies though.
The reason the stock market has risen is that there is no other viable investment to be made. There is no institution paying interest so the stock market is the pretty much the only place to put your money.
With regards to most economic indicators its too early to draw lasting conclusions. But just wait until after Christmas as the supermarkets et al are frantically trying to keep prices down. Any product or commodity that is purchased in Euros or Dollars is now 20% more expensive. All fuel trading is done in USD so thats going to touch every part of the economy.
But getting on to the banks , certainly the government faces the real dilemma of having to pay for the bankers to keep their passport to trade. How popular will that be having to do a special deal for the B****rds that started the financial problems, but if that is the price the other EU nations want then they may concede. France and Germany are very envious of our position and are always looking to take a share of it. They only have a fraction of the transactions on london but certainly If they lose the passport then the financial services sector will take a hit.
Many on here mention immigrants, what is India's first overtures for better access to their market, more visas and more fastrtack visas.
Norway, subject to every EU trading legislation (the same as all EU countries) access to the free market, have to accept free movement and pay for it! But they have oodles of cash from their oil so are somewhat insulated from the economic stresses of the UK