General Brexit discussion thread

[papasmurf]

The Reuters one I posted about 2 comments ago.

That is two years old.

[Baff]

The Reuters one I posted about 2 comments ago.

Not that you don't have Google too.
Not that this isn't public domain information.

[papasmurf]

So your article has 400 companies moving to the EU and mine has 1,000 companies moving the UK.

Not really the great disaster for London you were trying to spin it as, is it?

What article has a 1000 companies moving to the UK, you have not provided a reference.

[Baff]

So your article has 400 companies moving to the EU and mine has 1,000 companies moving from the EU the UK.

Not really the great disaster for London you were trying to spin it as, is it?
Bit of a disaster for you though.

You really thought the EU were the big boys in finance?
Hahahaha.

[papasmurf]

Oh god.
Really?

Really.

https://news.sky.com/story/more-than-7-500-financial-services-jobs-switched-to-europe-survey-12086539

[Baff]

Oh god.
Really?

A thousand EU financial firms plan to open UK offices after Brexit

https://uk.reuters.com/article/us-britain-eu-banks/a-thousand-eu-financial-firms-plan-to-open-uk-offices-after-brexit-idUKKBN1ZJ00D

If you want more than that, use Google.

If you don't know this stuff already, consider changing your news sources to ones that are not completely bias beyond any semblence of rationality.

[papasmurf]

Which is why just as UK banks have registered in the EU, EU banks have rregistered in the UK.
And although this movement of jobs from the UK to the EU has cost our economy, it has been more than compensated by the amount of EU jobs and companies that have moved here.

For every one job that has been moved from London to the EU, 3 jobs have been moved from the EU to the UK.

So, you got half the story. But without the other half it gives the entirely opposite impression of the situation that has occoured. It misrepresents the truth.

It is more true to say that the UK is gaining jobs and banks due to the end of EU passporting than it is to say that we are losing them.

Propaganda. The art of telling half truths.

Can you please supply links to evidence for "For every one job that has been moved from London to the EU, 3 jobs have been moved from the EU to the UK."

[Baff]

A foreign bank with a current London subsidiary can currently sell services right across the UK.   That will no longerf appy on 1st January.

Which is why just as UK banks have registered in the EU, EU banks have registered in the UK.
And although this movement of jobs from the UK to the EU has cost our economy, it has been more than compensated for by the amount of EU jobs and companies that have moved here.

For every one job that has been moved from London to the EU, 3 jobs have been moved from the EU to the UK.
And the reason for this is, London is a global banking capital. And the EU isn't.
In the specific theatre of banking and financial services, the UK dwarfs the EU.


So, you got half the story. But without the other half it gives the entirely opposite impression of the situation that has occoured. It misrepresents the truth.

It is more true to say that the UK is gaining jobs and banks due to the end of EU passporting than it is to say that we are losing them.

Propaganda. The art of telling half truths.

[Baff]

LOL it is only figures on a screen.

Not exactly.

When you transfer money to another country. No money is actually transfered.
What happens is someone with money locally, takes on your banks liability to pay it for a fee.

A bit later on when one of his customers wants to transfer money to your country, the liability is cancelled out.
These services cost money to arrange.
Both your banker and his foreign counterpart have wages to pay. Interest to pay on the money they are using for your credit swap.

Even an electronic transfer requires electrons and cables and vetted people to transact them.
Inspectors to inspect them. Auditors to keep track of them, either cash dispensers or physical credit cards, and the infrastructure to use them.

It all costs money.

[papasmurf]

The only Country apparently doing well economically  is China. You would think this fact would make Pappy really happy.

Unfortunately most of what I have needed to buy for the last several years is only produced on China. (I have also made a few purchases from the North West Frontier India.)
The delivery times from Wung Hung Lo's mega Chinese fork handles/four candles emporium a can be slow, (40 days.)
I have sourced a couple of special bolts made in Britain, they were expensive but came with compliance certification normally only issued for aircraft or military application.
Basically Britain makes very little these days.

[T00ts]

It's going to get a lot worse in January.....yes you've already said that once over,did you eat some thing that's repeating on you?

Look the only upside of this whole covid affair is that the whole world is in the same economic boat so if you think are alone affected then you're mistaken.
Brexit or no all parties will want to see trade to continue.

The only Country apparently doing well economically  is China. You would think this fact would make Pappy really happy.

[papasmurf]

https://youtu.be/sxqvwkmTNy8

Many a true word spoken in jest.

[papasmurf]

Try the Big Kranky Bojo world beating muppet.  With his world beating lorry park in Kent and his muppets hiring ferries with a firm that has no ships. It is now clear That big Kranky Bojo was put on this earth to dispel the myth that Chris Grayling was the most stupid politician in the world. You could not make it up

https://eastdevonwatch.org/2020/09/17/no-ships-chris-grayling-to-be-paid-100000-a-year-to-advise-ports-company/
https://www.dailymail.co.uk/news/article-8873383/Brexit-Drone-photos-reveal-27-acre-Kent-field-workers-turn-park-1-700-lorries.html

Plus Brittany ferries is suspending several routes until next March. (In the case of Plymouth/Roscoff there is nowhere in Plymouth to park delayed trucks.)

[cromwell]

Really?  A no deal Brexit will practically stop 40% of Britain's trade, the only unknown is for how long.

https://youtu.be/sxqvwkmTNy8

[Jaydee]

Prove it.

Try the Big Kranky Bojo world beating muppet.  With his world beating lorry park in Kent and his muppets hiring ferries with a firm that has no ships. It is now clear That big Kranky Bojo was put on this earth to dispel the myth that Chris Grayling was the most stupid politician in the world. You could not make it up

https://eastdevonwatch.org/2020/09/17/no-ships-chris-grayling-to-be-paid-100000-a-year-to-advise-ports-company/
https://www.dailymail.co.uk/news/article-8873383/Brexit-Drone-photos-reveal-27-acre-Kent-field-workers-turn-park-1-700-lorries.html