Forum menu
^ that Barclays story. That's close to 10% of our GDP they are moving out of UK into Europe...? 😱
It is also about 13.5% of their balance sheet, comparing a bank's balance sheet to Gdp isn't really very useful.
Are we going to see Ireland partitioned?
That went pretty good last time around, didn't it.
Just when you thought it couldn't get any worse for poor Theresa...
Its a tough call which example of Britain drawing random lines down maps went the best, as they were all such roaring successes.
And I bet that none of those places who were at the receiving end of arbitrary British colonial division aren't all just sat back with the pop corn, pointing at us now and absolutely pissing themselves laughing
Whoooo communist Coup d'état!
That surely has to rank as the most pointless meeting in British Political history?
But... but... Magic Grandad...
So, what weapon do you think Corbyn used to do the deed? A potted plant? A loaf of soughdough? An avocado? Hillary Ben's future urn?
Shits getting serious now.
He's a commie. It'll have been a poison-tipped umbrella.
He'll have dipped it in rancid hummus
It is also about 13.5% of their balance sheet, comparing a bank’s balance sheet to Gdp isn’t really very useful.
A fair point, and poor comparison.
I guess I am sitting here thinking 'what jobs, offices, income, profit and more?' move with that £190bn, out of the UK...
Just to be perfectly fair, Germany did a stand up job of line drawing a few years ago.
He’s a commie. It’ll have been a poison-tipped umbrella
IIRC Stalin was a fan of Ice-axes.
guess I am sitting here thinking ‘what jobs, offices, income, profit and more?’
Jobs and offices, not many for now, presumably it is simply where the assets are held that is changing, not necessarily where they are being managed from? Obviously all the income and profit (and tax) will be disembarking the Titanic before it leaves port.
I guess I am sitting here thinking ‘what jobs, offices, income, profit and more?’ move with that £190bn, out of the UK…
As I said on the previous page, far fewer than most would think because for all intents and purposes, other than legal title, these assets are largely already abroad in the countries where the branches are located.
Just to be perfectly fair, Germany did a stand up job of line drawing a few years ago.
To be fair to Germany, the Ruskies had a pretty big hand in that job.... and the line wasn't random but followed a border that we Brits had helped to define at the end of WW2
As I said on the previous page, far fewer than most would think because for all intents and purposes, other than legal title, these assets are largely already abroad in the countries where the branches are located.
But it's still leaving & it wouldn't be if it wasn't for Brexit. So forgive me for struggling to see an upside.
Why do they need to be moved if they are already located abroad? Sorry, not in banking. Maybe I'll ask the missus.
Regulation, branches of a non-EU company are more restricted in what they can do.
Regulation, branches of a non-EU company are more restricted in what they can do.
Is that an upside to Brexit?
Regulation, branches of a non-EU company are more restricted in what they can do
So the asset managers for 160+ billion have to be relocated?
Potentially, there are plenty of people who think the UK's regulatory environment can be improved post Brexit. Plenty of people think MIFID II has not achieved any significant improvement for the end consumer and certainly not sufficient to compensate for increased costs that they will inevitably bear.
The non eu banks are restricted in what they can do in the EU - hence moving from the UK into the EU. Bang - another bit of revenue lost to the UK.
If you think there will be more and tighter regulation in a post EU UK then you are seriously deluded. the drivers behind this are out to make more money from deregulation and tax haven / avoidence - thats the game plan
These aren't Asset Management assets, which don't belong to the manager, and therefore don't appear on the balance sheet.
If you think there will be more and tighter regulation in a post EU UK then you are seriously deluded. the drivers behind this are out to make more money from deregulation and tax haven / avoidence – thats the game plan
The drivers as you call them are smart enough and wealthy enough to do this anyway.
It's like 2008 or tax avoidance never happened.
Does that mean Britain will become like the Bahamas?
Sick! Surfs up dude!
Potentially, there are plenty of people who think the UK’s regulatory environment can be improved post Brexit.
Aside from "what plenty of people think" demonstrably being an abjectly shit metric for anything, and as TJ said it would seem... let's be generous and say "unlikely" - is there anything stopping us from improving our regulatory environment without leaving the EU if we wanted to? Surely whilst we have to meet EU standards and regulations there's nothing to prevent us from exceeding them is there?
Or is that just another blue passports argument?
Cougar - of course we can. Most EU countries see EU standards as a minimum which is why the UK has the worst worker protection and so on in the EU
Surely whilst we have to meet EU standards and regulations there’s nothing to prevent us from exceeding them is there?
Their next line is the important one. The claim being made is the regulations are flawed and hence need binning off and, maybe, being replaced by better ones. So in those cases cant build on top of existing regulations.
In other news. Good to see Farage bothering to turn up the EU parliament for once. Apparently it is all johnny foreigners fault. Prosecco and German cars will make them bend to the maybots rules.
In other news, because there is other news being "buried" under this, the dept for health plan to scrap the four hour A+E target. Also, the secretary of state for the DFID is now saying the 0.7% the Uk gives in foreign aid is unsustainable.
The foreign aid budget has been critical to the UK in winning influence around the globe.
Also, this isn't a surprise, talk of scrapping the human rights act has cropped up again, I wonder how long after this act is scrapped that the call for bringing back hanging will start?
The press, and a certain political party is doing a convincing job of making people believe the EU is an enemy, my view is there is only one enemy the UK has, the Conservative party. It must be ended.
It has been apathy towards politics that has led us to this today, its our fault. I'm not going to shrug my shoulders, or keep my head down and just accept this country sinking further into right wing populism any longer, I don't want to live in that country.
What about you?
The constant reference point for the Brexiteers is Singapore.
Check out the tax rates and levels of regulation there and it’s not hard to see why a load of very rich, powerful people who don’t like oversight, regulation on their behaviour or being taxed see that as a goal.
It’s also horrendously authoritarian with a very poor human rights record, which is also nice when its you and your mates in charge and you’ve no ECJ to bother you
Potentially, there are plenty of people who think the UK’s regulatory environment can be improved post Brexit.
Do us us a f*****g favour, this isn't for the hard of thinking on brexit social media.
I wonder how long after this act is scrapped that the call for bringing back hanging will start?
It’s aleady started among the hardcore ‘no deal doesn’t go far enough’ nutters
Hanging should Make Britain Great again.
The press, and a certain political party is doing a convincing job of making people believe the EU is an enemy
The answer isn't any of the other parties.
The Tory party wants to rest up the post-war settlement and take us back to an age where we were little more than serfs.
And the chaos of a no deal Brexit is their golden opportunity to do just that.
If you think their motivation is anything other than that then you’re delusional.
They truly are the lowest form of human life. As they get on with their ‘project’ even the thickest of the thickos is going to realise this.
Then what happens?
If they get away with this then the future for anyone else but the top 5% looks very very grim indeed in this country
TBH Singapore would do me just fine, something like 7 percent tax for my earning bracket from what I've been told.
TBH Singapore would do me just fine, something like 7 percent tax for my earning bracket from what I’ve been told.
Then pay for all the stuff you get free in the UK.... on a visa with about 15 mins notice. You also get to mix with some very fine pink shirted banker racists who treat the locals like servants. Nice place to visit....
As they get on with their ‘project’ even the thickest of the thickos is going to realise this.
Then what happens?
Insurrection?
Nah, more Papa Johns and X Factor. Pizza paid for by a payday loan.
On last night's C4 news had a report from Brexit supporting Mansfield I think. In a social club they were talking to a ruddy complextioned staunch Brexit supporter. He thought we should leave with no deal and was displeased at this current farce. His advice to young people was that the country is now so bad they should look to move abroad. Well done that man for making that a harder proposition.
Still laughing at Cougar's leaflet:
"What do we want?"
"Justice, Brexit, Child Abuse and Homelessness."
"Errr... are you sure that's right Terry?"
"Well that's what it says on the fliers Del."
"Fair enough. Shall we set fire to that car then?"
History will view Brexit supporters in the same light as Flat Earthers.
talk of scrapping the human rights act has cropped up again
I honestly think if Brexit had been going better they would have tried to slip that through as part of Brexit updates to UK laws.
Most people seem to think the ECHR and the EU are the same thing anyway!
History will view Brexit supporters in the same light as Flat Earthers.
Indeed.
And the Conservative Party and it’s supporters., obvz
What's this? The EU not rolling over and accepting our demands?
https://www.bbc.co.uk/news/uk-politics-47061650
and the line wasn’t random but followed a border that we Brits had helped to define at the end of WW2
...and Germany rubbed it out.
Motion for leave to bring in a Bill.
European Union (Requirements Relating to Withdrawal)
mrmonkfinger
Make Britain Great again.
I'm genuinely surprised we haven't yet seen that slogan rear it's head yet.
the call for bringing back hanging will start
Those calling for hanging may find themselves on the wrong end of a rope. We have too few police to uphold public order in the event of an extended bout of civil disobedience.
Calling out the army to do the job has never gone well for the political classes throughout history.
Our revolution was organised by British Rail and it's 100 years late.
Polonium tea and novichok hand-cream all round comrades.
They truly are the lowest form of human life. As they get on with their ‘project’ even the thickest of the thickos is going to realise this.
That’s the great thing with thickos is that they don’t get cause and effect.
Bit of World Cup on the telly and a few public hangings of pedos and it’ll all be fine.
Worth digging up the channel 4 news thing of the deputy eu negotiator discussing the curr3nt position, this backstop is all shaped and requested by the U.K. side and she pretty much is throwing it back that it’s not the EU to blame and all this stuff had been discussed previous and it’s like Groundhog Day.
This is all deeply, depressingly sad.
Some people I thought I knew,I now know I don't.
Watching a slow motion train wreck that could still be stopped apart from the fact that many passengers on the train want it to happen.
It's genuinely getting to me these days.
what about holding a referendum about [re]joining the EU?
Indeed. What a car crash.
I spotted Effing Farage today. I thought that toad of a man had slid off to a sh!thole somewhere, with his £XXk pension.
Decide what we (be that Parliament, government, or public) want… then trigger A50 and push to get it. This whole "can't show our cards" approach was always rediculous, and parliament should have withheld the power to trigger the A50 process 'till she stated what she was going to try and get out of it. We said this nearly years ago… still true. Now, with less than 2 months to go, she is seeking to change her own negotiating position because she never had a mandate from anyone, not even her own MPs, for her previous one. She has to go. And MPs should hang their heads in shame for giving her a blank cheque… she can not be trusted by anyone.
Decide what we (be that Parliament, government, or public) want… then trigger A50 and push to get it.
This times a million. Then another million for doing before a referendum (if at all)
How the bejayseus is Nigel farrage still an MEP?
He's half the blame in this situation. Absolute weasel.
The UK really need to adress the MEP selection process and how long they can stay for.
He’s half the blame in this situation
Half the population* voted for this situation
*Of those that voted
I'm working in Holland this week, at Delft University.
sitting having lunch with the guys i'm working with (Dutch Engineering academics) i asked them what they thought of the whole Brexit thing..
General consensus was they could understand the vote, and the decision to leave, but the current situation is just mad - it is regularly making the news in Holland, and is making us look absolute ****s.
Half the population
They did.
But... Farage has been sabotaging our relationship with the EU for a long time, it's why 'call me dave' got spooked.
He's supposedly a diplomat but he's really a self serving little shit.
But I digress.. How is he still an MEP, and being allowed to keep slinging poo?
But I digress.. How is he still an MEP, and being allowed to keep slinging poo?
Because he was elected and he is not a diplomat.
I’m sat getting pissed with one of my best mates, because he’s not in the best of moods
He worked for Jaguar Land Rover
Until this afternoon
Now he doesn’t
This is Brexit reality
There’s a * of a lot of this to come
This is when the ideological bullshit spouted by Rees Mogg and his rich, powerful *-nuggets starts to get real
We’ve got an awful lot of this to come
They’ll all be fine, obviously. Your Rees Moggs and Farages. They’ll always have nothing to lose. It’s my mate Rob and the rest of us who’ll be left picking up the pieces
It’s started already
He worked for Jaguar Land Rover
Until this afternoon
Now he doesn’t
This is Brexit reality
He just needs to knuckle down and get on with finding another job, where’s his Dunkirk spirit? This is an opportunity!
Has he tried renegotiating?
/brexit logic.
At least someone in government considered the border situation pre-referendum…
https://twitter.com/squibbmeisteruk/status/1090667339488595968?s=21
and the line wasn’t random but followed a border that we Brits had helped to define at the end of WW2
This is spendid revisionism, we set up admistrative areas between the three main allies and a small one for France at the end of the war to start putting the country back together again. (Berlin as the capital was also split in four) The Russians got a bit possessive and turned their's into a country. The other three were turned over to West Germany but continued to be used to define the areas of responsibility for the various forces stationed in the West Germany.
What are you on about?!? And why?!! Why in this thread?!?
> squirrel ! <
EDIT: Oh, I see… someone claimed that the Germans divided their country poorly… but it was the allies (including the UK). Now the final border has gone, wall and all… we have a bit of the wall here in a shoebox. Only link I can see is the impetuous behind bringing countries previously behind the iron curtain into the EU.
Sandwich
Our revolution was organised by British Rail and it’s 100 years late.
Luckily our brexit is organised by privatised rail- we've no idea if we'll get where we want to go, but at least some people will get rich as a result.
nickjb
Member
Half the population* voted for this situation
Literally no member of the public has voted for this situation.
Narrative is so important here and that is why everyone seems to be just going round in circles. The Brexit folk seem to completely own the narrative. That is we had a democratic vote and therefore we should carry it out. Since that is the case and any other narrative does not seem to have any stiction we will inevitably end up with a crazy disorderly state of affairs after the end of our relationship with the EU. It should not have a name such as No Deal Brexit as that gives credence to Brexit being a thing not just some intellectual ideas such as predestination.
It is fascinating looking at the comments sections of different news papers and seeing the different perspectives. The telegraph readers thinks May is an arch remainer while on the Guardian it is the opposite.
I am just here in Sweden hoping that my application for citizenship comes through while worrying about if my family has a right to healthcare, university, and work in the future.
Mefty the man who knows **** all about history accusing others of revising when the others have at least got as far as reading Wiki.
The will help you, Mefty:
Parliament has let all sides down and history will lay the blame at their collective door. Rather than vote to avoid no deal, the collective thinking is that 60 days is enough to convince the collective EU that its fundamental core values are wrong and to negotiate a fresh deal on top of that. There is simply no common sense to hand.
Literally no member of the public has voted for this situation.
They absolutely did. I don't doubt it isn't what they wanted or what they thought they were voting for but it is exactly what the did vote for. Both at the referendum and the last couple of general elections.
If you could just right down what those people voted for?
(and plenty of research post ge said people voted on a huge range of issues and didn't see brexit as a party political issue hence voted for Brexit supporting parties is just another con from the tories to shout Mandate a bit more)
If you could just right down what those people voted for?
Easy. This, they literally voted for this.
Go back through the first twenty pages of this thread. People in favour of remain usually explained their choice. You'll find that many of those who wanted out made a one word post of "Out". No reason, no logic, no thought process, just "Out". So unlees something radical hapens in the next couple of months they'll get exactly what they wanted, "Out".
There was some Brexiteer peer on 5Live insisting that no jobs would be lost because of Brexit. For them, there will always be someone else to blame. His 'logic' that was because Remainer saboteurs had disrupted the process, it was theirs.
The narrative needs to change. With two months to go, the media needs to make sure that these self-interested arseholes know that they, and only they, get to own this mess. It isn't the EU's fault, it isn't Remain's fault, it's theirs, and theirs alone.
the media needs to make sure that these self-interested arseholes know that they, and only they, get to own this mess
trouble is, big slices of the media are owned and directed by the self-interested arseholes.
BBC now also reporting that parliament doesn't have time to deliver a legal basis for no deal by 29/3, but still the hard liners press the argument that this is the default date.
https://www.bbc.co.uk/news/uk-47063473
Surely "we" should be going to the EU asking for an A50 extension to get that stuff through parliament as a bare minimum, but I guess any public acknowledgement that they can't deliver the 29/3 deadline would weaken their mighty negotiating position.
the media needs to make sure that these self-interested arseholes know that they, and only they, get to own this mess
Maybe, but you seem to misunderstand whose side "the media" are on. Not ours, for sure. The media aren't a source of truth and reason, they peddle the views that are convenient to them and their owners.
You can't argue with stupid - media or brexiteers.