Osbourne says no to currency union.

it’s better to cross the bridge and engage directly with those involved… that engage with those underneath who don’t.

Eh? What does that mean in English?

And how is it an answer to the question I asked as to why it would be prudent, needful, canny and obvious for Standard Life to move to London if Scotland went independent?

48 days to go….

What does that mean in English?

he is saying i am a troll and he wont answer me and he will just ignore me as I am an idiot who cannot understand what he says , its a well know pedagogy for teachers to blame the pupil when their answers are not understood and I commend his use of it:roll:
Its rather ironic I am the only who can follow and I am the one he wont engage with .
Its ironic you ignore what they publicly say as you had a chat.
It is rather ironic your “evidence” is they are publicly being liars and being publicly deceitful but you have private evidence.
Now if AS saod this what would you say to him THM?
I do so admire the way you have principles and stand by them

KB it clearly does not answer your question either but he might now think you are a troll seeing as you have asked him a question he cannot answer. Perhaps he will say you are stupid ? who knows but stay tuned for the next instalment of THM plays the man.

KB – good questions! When I get a mo I will try and paraphrase – currency, supervision, regulation and asset flight are good starting points though. The banks are doing it in a slightly different manner – depends more on legal status – branch v subsidiary.

So is Standard Life being deceitful then thm with its statement saying “we are not looking for a London based HQ”
Dr D you would be well advised to take a very long spoon to your next luncheon

You will be more aware than me of how (in general) Scottish enterprises are attempting to remain neutral in public. Of course, behind the scenes many (especially in the financial sector) are making the appropriate contingency plans (canny folk). According to a study today/yesterday however (I will link later), the majority are simply assuming a NO and are not planning.

You can take your own view on whether that means a company is being deceitful or not. I am more concerned with whether they are being prudent.

Well with you being as well informed as you are impartial I’d thought you might make it clear Thm .Are standard life seeking an HQ in London ? Yes or no.

piemonster – Member
The really disappointing thing about all this is just how piss poor and populist the politics is despite the importance. One of my main hopes of this referendum is a reinvigoration of the electorate to participate in the democratic process.

But the underlying quality of politicians is so piss poor that I don’t see it lasting beyond a couple if elections regardless of the result. It’s just the same **** cheap shot, point scoring, self serving toss that we’ve been having for years.

****, by and large.

POSTED 6 DAYS AGO # REPORT-POST
piemonster – Member
I seem to be settling into middle aged grumpiness quite well.

POSTED 6 DAYS AGO # REPORT-POST
bencooper – Member
I’m going for middle-aged saying-random-stuff-to-wind-people-up

😆

C’mon Gordi, get with the game. It’s bad enough spelling contingency without having to provide a dictionary as well.

Are Scottish based financial firms making contingency plans in case of a silly decision – YES.

The “neighs” have it.

There is plenty of non-political analysis of the impact of a bad result on the financial services industry. Just google it…..

It’s bad enough spelling contingency without having to provide a dictionary as well.

He plays the man again, he does not answer the question again. Perhaps KB will get lucky if you find the time.

[1]Are Scottish based financial firms making contingency plans in case of a silly decision – YES.

[2]The “neighs” have it.
[1]Financial institutions and other businesses would always make plans based on large electoral changes be it govt or this or legislative change. that is prudent [ see what i did there 😉 ]
[2] It does not indicate what their position is on the issue as they remain neutral so that is just not true. Planning does not indicate support for either position and it is foolish, illogical and incorrect to claim otherwise.
Regarding SL it is terrible[ but not surprsing] to see you commend their deceit [ even though you could not quite bring yourself to accept it was and left it to us to decide why can you not just say yes or no are you a politicians ?] whilst saying this deceit was prudent.
195 pages of your acronyms for the DO and then you approve of “your chums” deceit. The word for that is hypocrisy or lack of principle.

So playing the man, illogical and bereft of principle

FWIW I wish i did not have to “troll” like this but really THM this is really poor form.

😀

MM so trying to bluff your way through , not the best defence I will ever see. Then again what defence can be offered seeing as we can all read.

Why not start by saying how you answered the question and did not play the man
Then explain how your conclusion was true
Finally explain why deceit is now ok

Of course you will run away to “save face”
Bon Chance

I never asked you to spell contingency though you have done so very well 10/10 for spelling.
I did ask you a specific question ,unfortunately you seem to have chosen to answer another question entirely 0/10.
Thank you for your kind offer of a dictionary but I have several already .

Thank you.

Phew, that’s good news.

Out of interest why are you asking ME about the HQ? Leave that to trolls. I have answered the relevant question – re contingency planning. I don’t need to answer a question about something else, that I never claimed.

I appreciate that you have to go beyond the typically misleading headline in the link. The article is much clearer. HTH. The issue of HQ would depend on whether important unanswered questions are finally addressed. So far the DO continues to duck these issues, ergo, financial institutions make contingency plans including looking at that nice office at 100 Cheapside.

It really is v simple. For those who can read..

Chief executive David Nish also said that Standard Life had started to register companies in England as part of its contingency plans. However, the firm has consistently refused to say where they would base themselves if Scotland gains independence….The 100 Cheapside construction project, which could go for as much as £110 million, would offer 86,600 square feet of space when it is finished this autumn. However, it could also occupy it without designating it as its headquarters.

Decamp S of the border, contingency planning….QED. Thank goodness we can all read.

Anyway good deflect from the bankers views on the DO being deceitful!

Bien joue!

A Standard Life spokesman said: “We cannot comment on individual deals as we manage a large portfolio of properties on behalf of our clients, but we can confirm that we are not looking for a London-based HQ.”

[between the lines]”But there are plenty of other places in England…”[/between the lines]

Strange when strange things come true isn’t it….

http://www.scotsman.com/scottishindependence/standard-life-may-be-scouting-post-independence-london-hq/
Wouldn’t have beenThm that posted that Link to an article which wrongly claims that Standard life were looking for an HQ in London.
Must have been that other fella Dolittle I think he’s a deceitful one.

C’mon Gordi, get with the game 2x, click the link and read it (as you have). As made very clear above, you very often have to read the article rather than the headlines (I have mentioned that before too).

I have even quoted sections from it. It is very clear and we can all read. I even did you the favour of quoting from it. My first comment (recently) on this was in page 185. Pls tell me where since then I have mentioned an HQ? (Hint, you won’t be able to, hence it’s a question that doesn’t deserve or need an answer from me)

There is a common theme between what Nish and I have said – contingency plans and the movement of parts of the business as may be required. No H, no Q. Canny man, making clear and prudent comments.

EDIT :

I would be more worried if I worked at Standard Life and wanted to still live in lovely Edinburgh. As you will/should be aware the CEO has other v important things to consider (regulation, money etc) and no surprise at all that relocation considerations are high on the agenda. I would be dismayed if he wasn’t making sensible plans. But you are not the only one to poo-poo such ideas, the DO did the same when Nish commented on this back in February. But the truth, they are planning for this exact eventuality.

100 Cheapside is quite a nice office though.

THM page 194 follow up post to the one quoted below

Please explain how this is just about contingency plans – Go on should be a good one
Yours the troll 🙄

ORIGINAL POST: Steady there gordi all though this post happened on page 194 and you challenged it on that page and I did not say anything till this page it is still the case I am trolling him.

It’s definitely not the case he is trying to move the goal posts

Back under your bridge or something 😉

wanmankylung – Member
Fortunately, the CEO of my pension provider will decamp S of the border if required.
What a strange thing to say. Given that very few businesses have indicated that they will move to rUK in the event of a yes vote (probably because it would involve much more expense than it would justify) the only sensible way for the CEO and his team to move south would be if they were no longer working for your pension provider.

[THM replies]Strange when strange things come true isn’t it….

http://www.scotsman.com/scottish-independence/standard-life-may-be-scouting-post-independence-london-hq/

http://singletrackworld.com/forum/topic/osbourne-says-no-to-currency-union/page/194#post-6193474
[/quote]
It would take some serious deceit to claim you were talking about contingency plans even more deceit that is required to move the goal posts or to claim that contingency planning proves they support a no vote.

Blaming me for this when it all took place on the other page …priceless

teamhurtmore
it’s pretty obvious what they need and will do – they are if nothing else prudent and canny.

konabunny
why exactly is it obvious, prudent, canny and needful to relocate the company from Edinburgh to London in the event of independence?

teamhurtmore
I have answered the relevant question – re contingency planning. I don’t need to answer a question about something else, that I never claimed.

😥

An H?
A Q?
Anywhere?

No I thought not. Back under the bridge.

Nish is very clear that he has contingency plans to move whatever part of the operations are required. Very clear. The only thing that isn’t is what yS are actually planning. The industry bodies continue to ask for clarification but the DO doesn’t think it’s important.

KB, good point on the reasons I didn’t have time to follow up on that, apologies. I will try to find the link but the clue is in the fact that we are even having the discussions. SL wouldn’t be wasting time if there were no issues. There are the SL comments and the Scottish industry board. I will dig them out. To late now.

As a favour, it’s page 8 of the annual report. It’s won’t copy on an iPad I’m afraid. But it clarifies the desire to remain politically neutral (hence the paper stuff), lists several areas of concern and describes contingency plans. Oh and surprise, surprise, no H, no Q to be seen. Funny that!!!

Standard Life ‘may be scouting post-independence London HQ’

NEWS: Standard Life, one of the main employers in Edinburgh’s financial services industry, is reportedly scouting locations for a possible London move after independence.

Scottish investment giant Standard Life has been reportedly looking at buying a possible headquarters in London in the event that Scotland gains independence in September.
The Edinburgh-based firm, which employs 5,000 people in Scotland, has been in secret discussions with Quadrant Estates and other property investors about potentially buying a massive office block in the City of London at 100 Cheapside, according to property magazine Estates Gazette.

Read More at Huffington Post
That’s the whole article you linked to Thm could you show me where it mentions contingency plans?

Already done Gordi, already done. Do remember that you insisted everyone was aware of the HP bit, we even joked about it. But hey, papers. Much better to stick to the horses mouth or the annual report. QED, you have proved my point thanks very much. Others were struggling with it.

teamhurtmore – Member
The horses mouth is better than the press BTW.
POSTED 17 HOURS AGO #

Sleep well. 😉

Bluff,bluster and bs Thm or maybe just plain deceit. Sleep well yourself.

Find me an H, find me a Q? I look forward to seeing them in the morning! *

Sleep well (again) 😉

* try not to spend too long, beauty sleep is much better.

(Don’t forget when the DO resorts to any of the 3Bs he has lost the argument. It’s a giveaway)

We can all read what he said on here and we all know what he meant
His attempt at portraying it as anything else is rather pathetic
FWIW you can always tell when he accepts this as he adds pointless smileys to cover up his embarrassment at what he is posting.

Look, it is very simple. THM has privileged information about SL straight from the HA, but you have to read BTL to understand it. Meanwhile AS’s plans for a CU are FUBAR or perhaps SNAFU though probably not as those aren’t TLAs, and we all know how much THM like a good TLA especially if it’s a TLA which makes everyone else say WTF.

Oh, almost forgot:

😉

HA = Horses Arse?

just as an aside, Standard Life might well be interested in buying an office block in London – the industry gossip might be right. but that might be for one of its funds and they’re not interested in occupying the space themselves.

equally, just because you move the formal HQ to London, it doesn’t mean you have to move everyone down there. London office space is expensive – you’d probably keep many staff in a provincial location like Edinburgh or Leeds or something.

it takes years to move a big office across town, let alone intercity.

this whole thing might just be about Standard Life pressuring the Yes not to get too enthusiastic about financial sector regulatory reform.

who knows? (apart from teamhurtmore)

It helps when you know when senior executives (not SL in this case) are already checking school places and houses in S England too! But again, that’s the inside track! Residential property is less canny.

KB, did you check out the annual report? It’s the bottom of page 8. No need to speculate, it’s all clear. The good news Ben it that you only have to read the lines, forget what’s in between them.

Still no HQ I see, but an amusing H and A!!!! I like that one Ben. You forget that a lot of the DO’s utterances are NSFW!!

“Who knows”? Anyone who can read – apparently we can all do that. Odd then that things have to made up (HQ) just so that they can be disagreed with. Still the same thing happened with monetary policy and will happen again. All rather sad and desperate but quite fitting when we are talking about the yS campaign I suppose?

The copy bit works, so in the non flowery language of an annual report a few months back we get….

We have a long-standing policy of strict political neutrality and at no time will we advise people on how they should vote. However, we have a duty and a responsibility to understand the implications of independence for our four million UK customers, our shareholders, our people and other stakeholders in our business and take whatever action is necessary to protect their interests.
For this reason, we have engaged with key politicians and analysed the relevant papers published by both sides of the independence debate. These include the Scottish Government publication Scotland’s Future (the ‘White Paper’) and the UK Government’s Scotland Analysis series.
At the time of publishing this report (February 2014), we believe a number of material issues remain uncertain. These include:
• The currency that an independent Scotland would use
• Whether agreement and ratification of an independent Scotland’s membership to the European Union would be achieved by the
target date (currently 24 March 2016)
• The shape and role of the monetary system
• The arrangements for financial services regulation and consumer protection in an independent Scotland
• The approach to individual taxation, especially around savings and pensions, as a consequence of any constitutional change.
We will continue to seek clarity on these matters, but uncertainty is likely to remain. In view of this, there are steps we will take based on our analysis of the risks. For example, we have started work to establish additional registered companies to operate outside Scotland, into which we could transfer parts of our operations if it was necessary to do so. This is a precautionary measure to ensure continuity of our businesses’ competitive position and to protect the interests of our stakeholders. As Chief Executive, my commitment is whatever happens, we will continue to serve the needs of our customers and maintain our competitive position

If it walks like contingency planning, looks like contingency planning and smells like contingency planning, good chance that it is contingency planning! Could be wrong though……

Ah I see you were talking about contingency planning that’s why you linked to an article that doesn’t mention contingency planning at all, but does wrongly claim that Standard Life are looking for a new HQ.

Gordi, feel free to read the article in full or the quote I attached above (if pressed for time). Then note what I have and have not said (still no H or Q). It will save us all a lot of time. You may find that I have mentioned contingency planning rather a lot!

Of course what you end up having to move will depend on the vote and the response. Exactly what SL and others are saying. In the meantime, they are doing what is necessary and in answer to another previous question about why, the final line from the annual report says it all. That’s why he is CEO and paid a few £m!

Then note what I have and have not said (still no H or Q)

we have both quoted you saying it shall we do it again

it is just not true for you to back pedal and claim you were saying that they were making contingency plans you are quite clearly suggesting that it is a HQ move – check the url name and the link to see what it says not one mention oc=f contingency but two of HQ 😳
no one is going to believe you on this and you will look, amazingly, worse if you continue with his transparent denial

wanmankylung – Member
Fortunately, the CEO of my pension provider will decamp S of the border if required.
What a strange thing to say. Given that very few businesses have indicated that they will move to rUK in the event of a yes vote (probably because it would involve much more expense than it would justify) the only sensible way for the CEO and his team to move south would be if they were no longer working for your pension provider.

[THM replies] Strange when strange things come true isn’t it….
THE LINK
http://www.scotsman.com/scottish-independence/standard-life-may-be-scouting-post-independence-london-hq/

ALL one post
reply to Gordi [ though apparently I started this and you ignore trolls]

teamhurtmore – Member
Security and returns are the most important parameters personally. I would be more worried if I worked at Standard Life and wanted to still live in lovely Edinburgh. As you will/should be aware the CEO has other v important things to consider (regulation, money etc) and no surprise at all that relocation considerations are high on the agenda. I would be dismayed if he wasn’t making sensible plans. But you are not the only one to poo-poo such ideas, the DO did the same when Nish commented on this back in February. But the truth, they are planning for this exact eventuality.

100 Cheapside is quite a nice office though.

Still not such a stage thing to say after all, was it?

You really want to say you are not saying that they will move in this post ? REALLY. No one is going to believe you THM

PS could you explain to me how that statement – especially the bit where they say they are politically neutral – supports your claim

Are Scottish based financial firms making contingency plans in case of a silly decision – YES.

The “neighs” have it.
As i said it does not and it was yet another piece of …how do we say it politely enough again? Incorrect with the facts and the logic is non existent in the “argument”.

I suspect another play the man as it is obvious what you have done here

So, THm you quote from an annual report which is not a part of the article you linked to ….. 😆

Money and business is neutral.

If some businesses move out of Scotland because their high heid yins don’t like operating in a democracy, other businesses will grab the opportunities provided.

It does make sense that contingency plans are made by business. They no doubt do the same each general election.

In 48 days we will know for sure.

That is brilliant! If you are hung up about the headline in a link ffs (nearly always misrepresent an article) then so be it. I have been consistent and clear. Contingency plans are being put in place as they should. What they do finally is a function of the result and if the FS industry ever gets the answers to the questions it needs. Good luck guys!

In the meantime they will and are doing what they need to do.

So Gordi, have you ready the article? You were at pains to ensure that no one failed to link though to the HP bit (from which I quoted clearly) Still waiting for the H or the Q,

En attendant Godot encore.

Awesome trolling to enjoy over coffee – a true mastery of the art and hugely entertaining. Thank goodness for freedom of speech.

If you are hung up about the headline in a link ffs (nearly always misrepresent an article) then so be it.

Do explain how it misrepresented the article and how it is talking about contingency planning- utter bobbins of a claim

Standard Life ‘may be scouting post-independence London HQ’

NEWS: Standard Life, one of the main employers in Edinburgh’s financial services industry, is reportedly scouting locations for a possible London move after independence.

Scottish investment giant Standard Life has been reportedly looking at buying a possible headquarters in London in the event that Scotland gains independence in September.
The Edinburgh-based firm, which employs 5,000 people in Scotland, has been in secret discussions with Quadrant Estates and other property investors about potentially buying a massive office block in the City of London at 100 Cheapside, according to property magazine Estates Gazette.
STOP DIGGING
You followed it up by suggesting they were moving in numerous posts [ cited] and you, and everyone else, knows it

No one is misrepresenting the article though you are desperately and tragically trying to do so.

I have been consistent and clear

Yes you consistently move the goal posts and denying saying what you have clearly said and then insist you were right despite the evidence
You are indeed consistent and clear but you are not correct.

My lord that is like me claiming i use excellent grammar. Very funny though as I am amazed you wish to argue this [ and you say I troll]

Still waiting for the H or the Q,

No one has claimed the article you cited days later says this and it was not what anyone was discussing as it had not been cited.
It doe snot say they will move the HQ you said it by citing an article then said you did not say it whilst saying we misrepresent the article.

I am still waiting for you to explain why their stated position of political neutrality proves the neighs have it. That really should be easy to do eh- you teach logic and I am excited to see your working.
Chuckles

Playing the man and crying troll is not fooling anyone and it it does not turn your fanciful account of this thread or the “logic” of neutrality ” proving the neighs have it” it into fact

TBH i am surprised that you have the bare faced cheek to carry on with this and claim you have been consistent in all of this

none so blind as those who cannot see

😀 awesome and masterful.

I used to work for Standard Life. Records Manager. Did a scanning project for the SLI property investment dept. Standard Life already own a considerable amount of property in London, bit of a journalist made up story I think.

The copy bit works, so in the non flowery language of an annual report a few months back we get….

…nothing that suggests it would be canny, needful, obvious and whatever the other one was to move the offices from Edinburgh to London in the event of independence.