Current Affairs EU In or Out

[Whistlin' Dixie]

Sorry mate, completely disagree. I think you underestimate just how toxic Corbyn is to moderate Labour voters.

All he gets are the hipster student crowd (who don't vote anyway) and hard left unionist types. He'd be absolutely leathered in a GE against absolutely anyone the Tories put up against him.

What makes you think he'll be leading them by then?

 

[Tubey]

What makes you think he'll be leading them by then?

You see this vote of no confidence today? Two people? Won't work, because Labour as a whole are fundamentally broken.

They have no identity, so they don't know what angle to attack - to get rid of Corbyn, they'd have to sell an alternative. They have none.

He'll contest the GE and hand the Tories a free win.

 

[Joey66]

The EU now has 1 'GB' of free space.

Yes with five other country's now wanting their own referendum - the argument of the unknown is what sort of bills we may have picked up if the eurozone flops?
It may be a bumpy road untill negotiations can now be done on a worldwide basis, I am surprised the country voted out, I for one thought the remain camp had it won, but the fear tactics did not work the negotiations by DC were Chamberlin like, that is what may have swung working class people kicked the establishment IMO!
Corbyn lack of interest too was a major factor!

 

[deipnosophist]

Iceberg. Tip of the.

with respect, I think that might be a bit knee-jerk. With the periphery of EU (Italy, Greece, Spain, Portugal) now being so vulnerable to similar 'secession', I'd suggest that major corporates' strategic implementations will not be similar.

 

[Whistlin' Dixie]

Yeah, jobs and economic generation are over rated, eh Comrade?

Haha!

Economic generation?

They were given a bail out in order to lend money which they stuck down on and kept for themselves. Where's the investment?

The economy's teetering on a housing bubble, comrade. Soon as that bursts...

 

[ijjysmith]

Yes with five other country's now wanting their own referendum - the argument of the unknown is what sort of bills we may have picked up if the eurozone flops?
It may be a bumpy road untill negotiations can now be done on a worldwide basis, I am surprised the country voted out, I for one thought the remain camp had it won, but the fear tactics did not work the negotiations by DC were Chamberlin like, that is what may have swung working class people kicked the establishment IMO!

Was just a little joke mate.

 

[Eggs]

a note from JP Morgan Firm:
J.P. Morgan has 16,000 employees in the U.K. We are extremely proud of the work they do and our long history in the country. Regardless of today’s outcome, we will maintain a large presence in London, Bournemouth and Scotland, serving local clients as we have for more than 150 years.

The framework of the U.K.’s engagement with the EU, including trade agreements, will be negotiated over a period of years. For the moment, we will continue to serve our clients as usual, and our operating model in the U.K. remains the same.

In the months ahead, however, we may need to make changes to our European legal entity structure and the location of some roles. While these changes are not certain, we have to be prepared to comply with new laws as we serve our clients around the world. We will always do our best to take care of our people and do the right thing during times of change.

Take that how you will but my counterparts over there are worried for their jobs no matter what the CEO says.

**Disclosure, I am employed by the firm* Any views/opinions are my own.

....I'm on holiday in Cyprus but was 'breaking news' on the BBC World Service in the last 30mins or so.

 

[Tubey]

Haha!

Economic generation?

They were given a bail out in order to lend money which they stuck down on and kept for themselves. Where's the investment?

The economy's teetering on a housing bubble, comrade. Soon as that bursts...

I hate to break this to you mate, but our whole economy is dependent on the financial sector.

I wish it wasn't, as it means we're London centric to a ridiculous degree, but the fact remains that if that sector goes elsewhere, the every day man and woman - especially in the north - will take the kick to the nuts for it.

 

[jal123]

Heard a Grimsby fisherman saying he was voting to leave because it was demoralising that he was having to throw fish back, and then watch the Spanish taking them all back out.

I've never head as much [Poor language removed] in all my life (from him, not you)

 

[Tubey]

with respect, I think that might be a bit knee-jerk. With the periphery of EU (Italy, Greece, Spain, Portugal) now being so vulnerable to similar 'secession', I'd suggest that major corporates' strategic implementations will not be similar.

Difference is Europe is a trading megabloc - the benefit to the finance sector being in the UK was the groundwork in place, being inside that bloc but independent enough to not be subservient to it.

Outside of it, we have zero selling point to these businesses. That's just the way it is - if you put yourself in a directors shoes at these businesses, you can't make an argument for building a base of operations in a place that now proactively limits your trading possibilities with the world's largest trading bloc.

 

[LouReedwalkonthewildside]

Don't know if it has already been mentioned, but that Margaret Hodge has written a letter of no confidence in Corbyn, and I know it doesn't hold any weight constitution wise, but it looks like the start of the campaign to get Corbyn out as Labour leader.

 

[neil999]

You see this vote of no confidence today? Two people? Won't work, because Labour as a whole are fundamentally broken.

They have no identity, so they don't know what angle to attack - to get rid of Corbyn, they'd have to sell an alternative. They have none.

He'll contest the GE and hand the Tories a free win.

what is he getting out of this? he must know he has no chance and sometimes doesnt look like he wants to be there anyway

 

[zirc]

Takes absolutely ages to plan for this. Look at the HSBC move to Birmingham, years of consultation. It was in the pipeline

they have been planning for it for some time.

 

[Allezfan]

I honestly believe that leaving the eu will be really bad for this country.

The majority of this country believe differently.

I hope you're right. I hope all the experts were just scare mongering. I hope our economy will recover, that we won't lose our financial services, that we will be able to negotiate better treaties with the 60 or so trading partners we need to. That we will be able to restrict free movement that we won't be faced with tariffs if we try and do that.

I don't want to be right. I want this country, which I love a huge amount, to be prosperous.

So I hope you guys know what you're doing.

 

[deipnosophist]

Difference is Europe is a trading megabloc - the benefit to the finance sector being in the UK was the groundwork in place, being inside that bloc but independent enough to not be subservient to it.

Outside of it, we have zero selling point to these businesses. That's just the way it is - if you put yourself in a directors shoes at these businesses, you can't make an argument for building a base of operations in a place that now proactively limits your trading possibilities with the world's largest trading bloc.

yes, but the whole integrity of the sub structure of 'the world's largest trading bloc' is under question. A domino has fallen...what follows? Corporate 'long-term' strategic implementation will not proceed on shifting ground.