Brexit Endgame

Auld-Yin

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It's an embuggerance to the "incoming" firms, but a bit neither here nor there; the money they put in to establish any physical location likely won't be much in the grand scheme of things. Its maintaining the status quo.
Wonderful Remainer tactic. If it looks good for the UK post Brexit then talk it down as much as possible.

What a sad life you must lead where negative is the outcome you look for.
 

Toppet

War Hero
Wonderful Remainer tactic. If it looks good for the UK post Brexit then talk it down as much as possible.

What a sad life you must lead where negative is the outcome you look for.
Wonderful Brexiteer tactic. Take something that you don't understand, and talk it up to be a great success.

I'm not "talking it down" - simply explaining that it's not the magical huge investment that some seem to want to believe, and is instead maintaining the status quo.
 

Auld-Yin

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Wonderful Brexiteer tactic. Take something that you don't understand, and talk it up to be a great success.

I'm not "talking it down" - simply explaining that it's not the magical huge investment that some seem to want to believe, and is instead maintaining the status quo.
But, but, but! I thought the Project Fear Remainers, led by Osborne predicted a collapse of UK's financial world of a) we voted to leave or b) left, the EU?

This news in itself must therefore, going by Remainer standards, be a huge success.
 
Wonderful Brexiteer tactic. Take something that you don't understand, and talk it up to be a great success.

I'm not "talking it down" - simply explaining that it's not the magical huge investment that some seem to want to believe, and is instead maintaining the status quo.
1300 EU financial firms setting up in London is a sign of how London is strong, dominant & continues to be investmemt attractive in its specialist field of operations. Considering only 300 UK firms set up EU subsidiaries.

Any investment in the city is strategically thought due to its huge attraction of infrustructure & support network, no other EU city can match the CofL & even Frankfurt is playing catch up.

Maintaining the status quo? The numbers say otherwise.

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Toppet

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Maintaining the status quo?
Yes. Allowing them to carry on business as they currently do - from a distance.

I don't believe (though happy to be proven wrong) that the TPR has any requirement for the incoming firm to establish a physical office.
 

Auld-Yin

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Not really.

From BB's other thread, as pointed out by many, we won't be able to tell for some time.
Yep, stuck in de Nile
 
Certainly that applies to the most vocal. I do wonder if it applies to the less rabid.

My wife voted remain. But she was spitting feathers at the antics of the remainers, simply because There had been a vote, and her side had lost, so democracy indicates we act in accordance to the majority. You should have heard her yelling in the car when the a BBC piece came on about it, and especially when they went to Cambridge to interview two people who were remain, and then travelled out to the deepest darkest fens and found the local village idiot who couldn't string a coherent sentence together for leave.

She voted for Johnson for two reasons. 1) Corbyn was just too damn dangerous. 2) To get Brexit done.

Equally two of my remainer friends said "We'll make a shit ton of cash either way, but I think we'll make more by staying in."
The narrative is the highest class and under 30s are for remain and the rest are brexit. Its a simple stereotype and something the media have now locked themselves into as simple narrative is the easiest trick in broadcasting to turn every story into a mini-drama........ Always amusing when a U30, or intelligent voice gives support to brexit. The journo always looks as if they've swallowed a wasp and desperate to escape.

Of my remainer friends, sovereignity doesn't matter anymore and they're generally have the same views as your boyos i.e. brexit will be fine, but remaining is so much better for them to make money..
 
Yes. Allowing them to carry on business as they currently do - from a distance.

I don't believe (though happy to be proven wrong) that the TPR has any requirement for the incoming firm to establish a physical office.
At some point, uplift of physical staffing in order to 'counter loss of business' is strategically likely which is what I meant. As the TPR is, as it says temporary then the FCA will ensure obviously minimal disruption to passporting.

TPR (via FCA) for those unaware.

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Yes. Allowing them to carry on business as they currently do - from a distance.

I don't believe (though happy to be proven wrong) that the TPR has any requirement for the incoming firm to establish a physical office.
"Happy to be proven wrong" is up there with "With the greatest respect..." for cliches which mean anything but that said.
 
The narrative is the highest class and under 30s are for remain and the rest are brexit. Its a simple stereotype and something the media have now locked themselves into as simple narrative is the easiest trick in broadcasting to turn every story into a mini-drama........ Always amusing when a U30, or intelligent voice gives support to brexit. The journo always looks as if they've swallowed a wasp and desperate to escape.

Of my remainer friends, sovereignity doesn't matter anymore and they're generally have the same views as your boyos i.e. brexit will be fine, but remaining is so much better for them to make money..
Much of it was driven by the metropolitan well-to-do, whose wealth is tied up in property; they did not want to see a decline in European demand shrinking the value of their assets. I suspect that now the property market has taken off like a rocket they will be happy to go with the flow.
 
House of Lords gettin uppity agin


Getting the Lord's to move north of Westminster is going to be interesting as they demonstrate they don't dance to Boris's hornpipe.
You want your £400 a day , sir ?
Best hop in a taxi pronto , the train leaves Kings Cross in 20 minutes
 
Really?

I've not met any like that at all, and I live in a Labour borough in London. Jeez - get some new mates!
Sadly, @Alamo's experience ties in with mine; and I include family in that bracket as well.

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Toppet

War Hero
"Happy to be proven wrong" is up there with "With the greatest respect..." for cliches which mean anything but that said.
For some, perhaps - I've been wrong before, I'll be wrong again. Like now.

Having looked at the regs briefly, it appears that at least some of the firms will in time require a UK establishment, so that the FCA / PRA can appropriately supervise them.

It will be interesting to see what exactly the regulator deems as an appropriate structure/footprint in the UK, and the levels of decision-making ability they require here.
 
The narrative is the highest class and under 30s are for remain and the rest are brexit. Its a simple stereotype and something the media have now locked themselves into as simple narrative is the easiest trick in broadcasting to turn every story into a mini-drama........ Always amusing when a U30, or intelligent voice gives support to brexit. The journo always looks as if they've swallowed a wasp and desperate to escape.

Of my remainer friends, sovereignity doesn't matter anymore and they're generally have the same views as your boyos i.e. brexit will be fine, but remaining is so much better for them to make money..
Well, the whole suggestion is flawed, becuase you could argue there's a higher incidence of Drug taking, stabbing and child abuse/neglect in vote Remain areas. Simply because they are large cities.
 

Toppet

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Sadly, @Alamo's experience ties in with mine; and I include family in that bracket as well.

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I have one family member who is what I can only politely describe as a rabid brexiteer, and quite a few normal brexiteers.

Parents dont really care; my brother was on the fence but eventually voted remain.
 
JPMorgan Chase buys new Paris building for post-Brexit move....we didn't see that coming?
You forgot to mention it’s JPM’s second building in Paris and has been in the pipeline for at least the last 5 years - way before BREXIT was even considered.

Sterling falls after Javid comments stoke hard Brexit fears...wonder why?
Pound Sterling was seen trading higher against the Euro, Dollar and a host of other major currencies on Tuesday, Jan. 21 after the release of official labour market figures that showed both a jump in employment and wages in December.


31st January to be marked as a Mongs day holiday...lasting for a very long time during which soup kitchens will be opened as food banks run out. Excellent.
Mongs such as yourself and others who hate the U.K.

Anymore lies salty fella.
 

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