The Brexit Thread

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Chris_the_Brit said:
So someone posted that Lloyds link a page or two back. Thanks to Guido Fawkes we see that Remoaners were getting a bit too excited about the bad news.
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So it makes 1000 people moving from London to EU.

Nobody said the HQ will move, just that there will be a EU HQ AND a London/rest of the world HQ.
 
Hollande backs up Merkel and Tusk.

According to a statement released by the Elysée Palace, Hollande told May: “First we must begin discussions on the modalities of the withdrawal, especially on the rights of citizens and the obligations arising from the commitments that the United Kingdom has made.

“On the basis of progress made, we could then open discussions on the framework of the future relations between the United Kingdom and the European Union,” he said, calling for clear and constructive talks that respected the rules and interests of the EU.
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https://www.theguardian.com/politic...agree-brexit-terms-first-then-well-talk-trade


40% of games editor are planning to relocate to the EU.
https://www.theguardian.com/technology/2017/mar/30/uk-games-companies-leaving-brexit-vote-eu-workers
 
Lay your eyes on just how deluded the EU leadership has become :crylaugh:
[video=youtube;Ua4vEQNl00w]https://www.youtube.com/watch?v=Ua4vEQNl00w[/video]
In some parallel universe Juncker reckons he can get Texas to secede ROFLMAO
 
NarrowBandFtw said:
Lay your eyes on just how deluded the EU leadership has become :crylaugh:
[video=youtube;Ua4vEQNl00w]https://www.youtube.com/watch?v=Ua4vEQNl00w[/video]
In some parallel universe Juncker reckons he can get Texas to secede ROFLMAO
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If you listen, he is known to joke frequently. He wasn't serious.
 
Chris_the_Brit said:
The only way humanity ever achieved anything was by stepping into the unknown.
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It's also the way you step off a cliff & fall to your death.

f2wohf said:
So it makes 1000 people moving from London to EU.

Nobody said the HQ will move, just that there will be a EU HQ AND a London/rest of the world HQ.
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I'm guessing you're not familiar with European finance - specifically financial passport rules. It's not a couple of people moving - the UK financial sector is at risk of losing their access to the entire EU market completely.

If that happens suddenly Frankfurt is a lot more attractive as a HQ location - from there you can sell to entire EU and rest of the world. Why keep people in London at all let alone a HQ if they can't access the markets from there.

Really the only thing London has going for it at the moment is inertia and network effects.
 
HavocXphere said:
It's also the way you step off a cliff & fall to your death.


I'm guessing you're not familiar with European finance - specifically financial passport rules. It's not a couple of people moving - the UK financial sector is at risk of losing their access to the entire EU market completely.

If that happens suddenly Frankfurt is a lot more attractive as a HQ location - from there you can sell to entire EU and rest of the world. Why keep people in London at all let alone a HQ if they can't access the markets from there.

Really the only thing London has going for it at the moment is inertia and network effects.
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I am familiar. I'm just saying that Lloyds will relocate 1000 jobs according yo their announcement. LLoyds is a UK company, I doubt their global HQ will move. But Deutsche Bank, Goldman, JP Morgan, BNP, Societe Generale, Santander & co will obviously move their activities back into the EU and leave staff in UK only for the UK activities.

Obviously, plenty of other financial services companies will follow.
 
Pitbull said:
We all knew that, I don't think he did, or he tried to deceive on purpose. I didn't give it any time as I knew :D
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I'm sorry you and Chris can't read, Pitbull. :(

The article, which you've just reposted again, says exactly that - Lloyd's EU business is moving. It doesn't say anything about the whole company.
 
OrbitalDawn said:
I'm sorry you and Chris can't read, Pitbull. :(

The article, which you've just reposted again, says exactly that - Lloyd's EU business is moving. It doesn't say anything about the whole company.
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Right, so you tried to deceive the people in this thread with your post.

Got it ;)
 
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OrbitalDawn said:
I'm sorry you and Chris can't read, Pitbull. :(

The article, which you've just reposted again, says exactly that - Lloyd's EU business is moving. It doesn't say anything about the whole company.
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Headline was very deceptive and very obvious what it was trying to imply.

LOL...for some comedy watch this car crash interview with the Green Party deputy leader. What a dumbo.

[video=youtube;6uzXs_k5sFE]https://www.youtube.com/watch?v=6uzXs_k5sFE&feature=youtu.be[/video]
 
Just another reminder that the EU is a bunch of little children...thank heavens the UK is leaving! Spain can GTFO.

The EU has handed Spain an effective veto over the entire Brexit deal by declaring Madrid must agree to it applying to Gibraltar.

It means Theresa May could be faced with choosing between accepting a deal that leaves the Rock in the wilderness or walking away from the talks with nothing.

Downing Street tonight said Mrs May had already been clear in her support for the Rock and its people.

And Gibraltar itself blasted the 'disgraceful' singling out of the 30,000 residents by the European Union.

MPs were outraged at the move, contained in the small print of the draft negotiating guidelines for the EU published by Council President Donald Tusk today.

Gibraltar's chief minister Fabian Picardo said: 'This unnecessary, unjustified and unacceptable discriminatory proposed singling out of Gibraltar and its people was the predictable machination of Spain that the people of Gibraltar foresaw and one of the reasons we voted so massively to remain in the EU.

'This is a disgraceful attempt by Spain to manipulate the the European Council for its own narrow, political interests.

'Brexit is already complicated enough without Spain trying to complicate it further.'

Downing Street said Mrs May had made clear the Government was 'absolutely steadfast in our support of Gibraltar, its people and its economy' in her Commons statement on Wednesday.

The Prime Minister told MPs the UK was clear that Gibraltar was 'covered by our exit negotiations'.

'We have been firm in our commitment never to enter arrangements under which the people of Gibraltar would pass under the sovereignty of another state against their wishes, nor to enter into a process of sovereignty negotiations with which Gibraltar is not content,' she said.

Spain defended the position today as minister Inigo Mendez de Vigo said 'this is an important point in the future negotiations of the United Kingdom's exit from the EU'.

A senior diplomat in Brussels said: 'This seems intended to give Spain something so they don't try to hold the whole withdrawal treaty hostage over it.'

Andrew Rosindell, the Vice Chair of the All-Party Parliamentary Group for Gibraltar, told the Telegraph: 'An agreement without including Gibraltar means there can be no agreement.

'British people must and will stand together, we cannot be bullied by Spain, any agreement must apply equally to the whole British family and that includes Gibraltar.

'There can be no compromise on this.'

Conservative MP Bob Neill said: 'Gibraltar's friends in the UK will be watching this very carefully. There will be no sell out.'
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http://www.dailymail.co.uk/news/art...handed-right-BLOCK-Gibraltar-Brexit-deal.html
 
HavocXphere said:
bwhaha. These are all international companies that will operate from whatever place they can make the most money.
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Not insurance companies or banks, they have local licenses, the servers need to be within the country, the compliance department as well and the capital.

In advisory only it's possible, not in CIB and market activities.

Shows your complete lack of understanding of the financial world.

If they could operate from anywhere, don't you think, they'd already be in a way cheaper country than U.K. ? (I think of India for example where there's enough cheap qualified labour).
 
JayM said:
I think she'll sell them out in 3 seconds flat.
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I don't think so, it'll hurt her party to do so, and I doubt the country would allow it. Spain has no legitimate claim to Gibraltar, it would be like you giving in to your neighbour because they shouted at you over the wall every day, and giving them a piece of your garden.
 
f2wohf said:
Not insurance companies or banks, they have local licenses, the servers need to be within the country, the compliance department as well and the capital.

In advisory only it's possible, not in CIB and market activities.

Shows your complete lack of understanding of the financial world.

If they could operate from anywhere, don't you think, they'd already be in a way cheaper country than U.K. ? (I think of India for example where there's enough cheap qualified labour).
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I wouldn't question Havoc on his understanding of the finance world.

Also moving from the UK to Germany or Brussels isn't the same as moving to India.
 
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