Labour Party and Bank of England opposed to Brexit, but others have a different view

(Source: http://masterinvestor.co.uk/category/brexit/)

Jeremy Corbyn of the Labour Party in the UK came out opposed to the United Kingdom leaving the European Union:

April 14, 2016

LONDON—The leader of the U.K.’s main opposition Jeremy Corbyn said the Labour Party is overwhelmingly in favor of Britain’s membership of the European Union despite the bloc’s “shortcomings,” in his first major speech of the party’s campaign ahead of a June referendum.

Mr. Corbyn, who has been critical of the EU in the past, has faced mounting pressure from some lawmakers within his center-left party to play a role in the campaign. U.K. Prime Minister David Cameron, who is spearheading the pro-EU push, has been actively campaigning for months focusing primarily on the economic case for staying in the bloc.

The intervention from the Labour leader comes after some difficult weeks for the campaign to keep Britain in the EU, with events such as the terror attacks in Brussels, a crisis in Britain’s steel industry, and focus on Prime Minister David Cameron’s links to offshore funds dominating the agenda.

In a speech at a London university campus, the Labour leader said the party supported remaining in the EU because it provided protections for rights for workers and consumers as well as environmental standards.

Continued membership was important to provide the collective strength to counterbalance the power of multinationals, Mr. Corbyn said, addressing an audience of students and party activists.

Leaving the EU might lead to a “bonfire of rights,” he said.

Mr. Corbyn said he still remained critical of the EU, including its lack of democratic accountability and institutional pressures to deregulate or privatize public services, so it needed to change. http://www.wsj.com/articles/u-k-s-opposition-leader-jeremy-corbyn-makes-case-for-britain-staying-in-eu-1460641448

The Bank of England also made its views known:

Bank of England warns Brexit could do serious harm to UK economy

April 14, 2016

A vote to leave the EU could harm economic growth and have a serious impact on the pound and other UK assets, the Bank of England has said, as it took steps to prepare for June’s referendum.

Minutes to the Bank’s latest policy meeting showed its nine-strong monetary policy committee voted unanimously to leave interest rates at their historic low of 0.5%. The committee said uncertainty ahead of what was expected to be a close EU vote …

“A vote to leave could have significant implications for asset prices, in particular the exchange rate. The MPC would have to make careful judgements about the next effects of these potential influences on demand, supply and inflation. Ultimately, monetary policy would be set in order to meet the inflation target, while also ensuring that inflation expectations remained anchored.”

A Reuters poll this week found that 17 of 26 economists thought a vote for Brexit could prompt the Bank to cut interest rates for the first time since the financial crisis. …

The minutes follow a warning from the International Monetary Fund this week that a British vote to leave the EU risked doing damage to the whole region, spilling over into an already fragile global economy. http://www.theguardian.com/business/2016/apr/14/bank-of-england-warns-brexit-could-do-serious-harm-to-uk-economy

Although the Obama Administration wants the UK to remain in the EU, if the UK votes to leave the EU, it will probably increase its economic and military ties to the USA in some fashion.

We now are seeing a real battle in the UK. The campaign related to a possible Brexit (also called a Brixit) is on. Brexit is short for BRitish EXIT and Brixit is short for BRItish exIT from the European Union.

Notice also the following:

April 14, 2016

Vote Leave has been trying to make a liberal case for Brexit, with a focus on less regulation and freer trade. Grassroots Out and Mr Farage have instead put more emphasis on tougher immigration controls. Both groups recognise that concerns about immigration are the strongest source of support for Brexit. But Vote Leave is offering a more positive message and worries that relying on Mr Farage’s to argue for Brexit might put off centrist and undecided voters. Because Vote Leave seems more sensible than its rival, its official designation may marginally boost the chances of a Brexit vote.

The two groups will presumably now come together anyway. Mr Farage has already congratulated Vote Leave and promised to work with it, as have two Tory MPs who helped to establish Grassroots Out. But Mr Banks and some of his advisers are talking of a judicial challenge to the Electoral Commission’s decision. If they can get a challenge off the ground, which seems unlikely, they could even delay the date of the referendum by a few months.

In the fuss over which pro-Brexit group would be designated, less attention has been paid to the group selected to campaign to remain in the (EU). Britain Stronger in Europe, led by Lord (Stuart) Rose, the former boss of Marks & Spencer, has no rivals, is well financed and has the backing not just of leading pro-Europeans but also of most British businesses. Yet even its fans concede that, by focusing largely on the risks to jobs and the economy from Brexit, it is offering voters a less exciting vision than the Brexiteers are. http://www.economist.com/news/britain/21697042-choice-official-campaigning-group-may-boost-brexits-chances-vote-leave-wins-right

Earlier this year, David Cameron came back with a deal he negotiated with leaders of the EU. Most in the UK did not find that enough to convince them to want to stay in the EU (see Most in the UK not convinced it should remain in the EU).

So, David Cameron went back, and got a ‘better’ deal, granting the UK ‘special status’ within the EU (watch Will the UK’s ‘special status’ with the EU last?). He did this in the hopes that more in the UK would vote to remain in the EU.

Obviously, people like Nigel Farage are not convinced that this is a good deal. Because of pressures and promises, Prime Minister Cameron announced that the vote on staying or leaving the EU would take place on June 23, 2016.

We will see how the vote turns out. Yet ultimately, no matter how the vote goes, the UK WILL NOT BE AN EQUAL MEMBER OF THE EUROPEAN UNION!

If the UK votes to leave the European Union, this will be because more voters apparently believe it will do better outside the European Union.

If the UK votes to remain in the European Union, this will be because more voters apparently believe it will do better inside the European Union.

If the UK votes to leave, then those in the European Union will feel that the UK has betrayed Europe, and will hold this against the UK.

But what if the UK votes to stay in?

Well, this will be problematic in many ways.

Both eastern and western European nations are opposed to this (watch Will the UK’s ‘special status’ with the EU last?) and it is already alienating the UK from Europe.

They also have indicated that London will cease its role of being the financial center of Europe, should the UK vote to leave the EU.

Relationships between the EU and UK will worsen.

David Cameron claims, “Britain will never be part of a European superstate.” But a superstate is what the elite in Europe want and is what they will get (cf. Revelation 17:12-13)–and the UK will be taken over by it.

Earlier this year, I recorded a message that we have made available online: Will the UK’s ‘special status’ with the EU last?

Some items of related interest may include:

British are the Covenant People What do ‘British’ and ‘Britain’ mean in Hebrew? Are the descendants of the Anglo-Saxons people of the covenant? Does the British royal family connect to the throne of David? What does the Bible teach? What does history show us? Is there any DNA evidence related to British-Israelism? When did Christianity make it to the British Isles? Could Jeremiah have made it to the British Isles? What type of Christians made it to the British Isles? Did the last King of England believe in British Israelism?
Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? Is an emerging European power “the daughter of Babylon”? What is ahead for Europe? Here is a link to a video titled: Can You Prove that the Beast to Come is European?
European Technology and the Beast of Revelation Will the coming European Beast power would use and develop technology that will result in the taking over of the USA and its Anglo-Saxon allies? Is this possible? What does the Bible teach? Here is a related YouTube video: Military Technology and the Beast of Revelation.
Must the Ten Kings of Revelation 17:12 Rule over Ten Currently Existing Nations? Some claim that these passages refer to a gathering of 10 currently existing nations together, while one group teaches that this is referring to 11 nations getting together. Is that what Revelation 17:12-13 refers to? The ramifications of misunderstanding this are enormous. A related sermon is titled Ten Kings of Revelation and the Great Tribulation.
Might German Baron Karl-Theodor zu Guttenberg become the King of the North? Is the former German Defense Minister (who is also the former German Minister for Economics and Technology) one to watch? What do Catholic, Byzantine, and biblical prophecies suggest?
Germany’s Assyrian Roots Throughout History Are the Germanic peoples descended from Asshur of the Bible? Have there been real Christians in Germanic history? What about the “Holy Roman Empire”? There is also a You-Tube video sermon on this titled Germany’s Biblical Origins.
Germany in Biblical Prophecy Does Assyria in the Bible equate to an end time power inhabiting the area of the old Roman Empire? What does prophecy say Germany will do and what does it say will happen to most of the German people? Here are links to two sermon videos Germany in Bible Prophecy and The Rise of the Germanic Beast Power of Prophecy.
Just What Do You Mean — Repentance? Do you know what repentance is? Have you truly repented? Repented of what? Herbert W. Armstrong wrote this as a booklet on this important subject.
When You Sin: Do You Really Repent? This is an article by Charles F. Hunting. A related sermon is Confess to God and truly repent.
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, English, Scottish, Welsh, Australians, Anglo-Saxon (non-Dutch) Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? What will happen to Jerusalem and the Jews in Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo-Saxon nations? Why might God allow them to be punished first? Here is a link to the Spanish version of this article: Anglo-América & las Tribus Perdidas de Israel. A video of possible interest may be Will Will USA Spying Help the Beast Power?.
Will the Anglo-Saxon Nations be Divided and Have People Taken as Slaves? Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What about Jerusalem? What does Bible prophecy teach? Are there non-biblical prophecies that support this idea? Who will divide those lands? Who will end up with the lands and the people? Here is a link to a video titled Will the USA and other Anglo-nations be Divided and Their People Made Slaves? Here is a related item in the Spanish language ¿Serán divididas las naciones anglosajonas?
When Will the Great Tribulation Begin? 2016, 2017, or 2018? Can the Great Tribulation begin today? What happens before the Great Tribulation in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? Is this the time of the Gentiles? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord? Who are the 144,000? Here is a version of the article in the Spanish language: ¿Puede comenzar la Gran Tribulación en 2016 o 2017? ¿Es el Tiempo de los Gentiles? You can also see the English language sermon video: The Great Tribulation from the Mount of Olives. A shorter video is: Can the Great Tribulation Start in 2016?