Home Forums Chat Forum Osbourne says no to currency union.

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  • Osbourne says no to currency union.
  • teamhurtmore
    Free Member

    Better sack the CEO in that is the case. Fancy him wasting time on contingency planning. Not surprisingly, I wouldn’t support that view.

    Junkyard
    Free Member

    bit of a journalist made up story I think.

    Nope it is about making contingency plans as THM “proved” some days later with a totally different report and quote that states political neutrality which proves the neighs have it.
    Will you please keep up or he will call you names and ignore your points.

    Ditto KB – he has already proved that remember he said so and of course he never even remotely said they were relocating and if you say that it is because you are misrepresenting the article [ cited above] or his posts [ cited above], only a troll could argue otherwise….apparently.

    I feel for you THM as everyone posting is trolling you.

    Random smiley, faux sarcasm , blissful [ wilful] denial.

    Junkyard
    Free Member

    he spoke business sense from what I read and it was all direct quotes
    he is not into risk and will mitigate it basically to stay in the EU so he wont risk England [ I assume he means rUK]

    With Endura selling much of the cycling equipment it produces overseas, his key concern is Scotland’s continuing membership of the European Union.

    Mr McFarlane said: “We have multiple bank accounts and deal in multiple currencies, so something like currency is less of an issue for us.

    “What we are primarily concerned about is having continued, unbroken membership of the European Union (EU).

    “From this site here we dispatch a couple of hundred orders a day to bike shops across Europe.

    “We’re concerned about what would happen if there was any break in smooth trading with the EU.”

    He added: “I’m not saying we wouldn’t get in but there is substantial uncertainty about when we would get in and what the terms would be.

    “That’s too much uncertainty for us.To just believe it will all be OK isn’t a risk we’re willing to accept.

    “So, if there is a vote for independence on September 18, on September 19 we will start making arrangements to relocate within the EU, and that would most likely be to the Czech Republic.”

    Mr McFarlane said: “We wouldn’t relocate to England because if Scotland was independent it would almost certainly have a Conservative government and that then triggers a referendum on EU membership.”

    He continued: “I wouldn’t say it’s going to destroy the company, the company would continue to trade because it would adapt.

    “But I would rather keep the jobs in Scotland and we would probably lose about 25 to 30 jobs out of Scotland to the Czech Republic.”

    hora
    Free Member

    I can see it now. Post-yes vote, business will be booming with banks and countries lining up to lend newly independent Scotland with loans a la Africa.

    The effeminate short-one will proclaim that business is booming and the future is growth from his ivory towers, then blame a subsequent collapse on the way the English pulled the rug/and services from under the proud Scots feet.

    Piss off, sling your hook. Your either fully with us or gone. No devolution bollocks. Bye.

    Personally I’m no weary of the whole thing. Even if its a big NO there will be village political idiots calling for a future vote or pushing hard for independence in all but name.

    Just get it done with- go. Let all those jobs in Scotland that are there for us English come down and be based here serving us from people employed from us.

    rene59
    Free Member

    “We wouldn’t relocate to England because if Scotland was independent it would almost certainly have a Conservative government and that then triggers a referendum on EU membership.”

    Even if referendum result is No, history tells us that that won’t have much of an effect on make up of future Westminster Government and likelihood of a EU referendum.

    rene59
    Free Member

    Hora , why don’t you just go? GFY!

    ernie_lynch
    Free Member

    Piss off, sling your hook. Your either fully with us or gone. No devolution bollocks. Bye.

    Despite your obvious diplomatic skills hora your services as chief negotiator won’t be required and not only will Scotland continue to enjoy devolved power but it will in fact have increased autonomy, whatever the result of the referendum.

    epicyclo
    Full Member

    Sounds like a dick move.

    I’m happy to see that. I’m fed up of the stitching on the seams unravelling on my Endura stuff, but I like to buy Scottish (and British) where I can.

    So his company can join the boycott list. 🙂

    teamhurtmore
    Free Member

    Good to see more obvious humour returning to the thread. Note to self, SOH, appreciation of (not that subtle) wordplay and knowledge of equine noises not required for life under a bridge. Woosh!

    Now where’s the crossword for the way home? Hopefully less sweaty now.

    teamhurtmore
    Free Member

    Talking of subtle or unsubtle wordplay, interesting to see what RBS had to say…

    http://m.bbc.co.uk/news/uk-scotland-scotland-politics-28600549

    Adds RBS to the list….

    Junkyard
    Free Member

    glad you dont just save the crosswords for me.

    Insulting me still wont alter the facts which are still as stated by every other poster on here bar you.

    piemonster
    Free Member

    Is that BBC article supposed to be some negative report into the prospects of an iScotland?

    teamhurtmore
    Free Member

    What do you reckon?

    piemonster
    Free Member

    That it’s not.

    teamhurtmore
    Free Member

    That’s a relief then. RBS doesn’t need to worry about materially adverse effects then. Save them doing any contingency planning like Lloyd’s and SL then. Phew.

    piemonster
    Free Member

    If RBS, Lloyds, and SL have any sense. They’ll be well prepared for any foreseeable scenarios leading to “materially adverse effects” and not just those potentially developing from an iScotland. There will inevitably be negative consequences of independence. But there’s nothing in that article that in any way ramps up the risks of those negative consequences beyond what is already known.

    teamhurtmore
    Free Member

    Do you reckon they might be looking at any new office space?

    Odd, then that they make specific reference to independence. Maybe that was a typo?

    But pm, you are spot on, the negative consequences have been well known for a long time. Almost 7k pages ago even,

    piemonster
    Free Member

    Do you reckon they might be looking at any new office space?

    Maybe, doesn’t mean they’re going to take it.

    Odd, then that they make specific reference to independence. Maybe that was a typo?

    I could find you an article involving RBS without a mention to Scottish independence. Not that there’s anything particularly damning in the one you linked too.

    But pm, you are spot on, the negative consequences have been well known for a long time. Almost 7k pages ago even,

    I don’t think you’ll find too many yes voters on here unaware of the risks. But they might not accept those risks as being unavoidable consequences. Nothing is without risk, not even the safest bet. You’re not going to changes peoples mind by saying “ooooh that could possibly be risky, I mean depending on the unknown mitigating circumstances at the time, which I can’t accurately predict”

    There’s sod all in that article that ramps up the risk.

    teamhurtmore
    Free Member

    Indeed RBS said the same thing a while back as did Scot Life. The no argument was obvious from the start.

    teamhurtmore
    Free Member

    I don’t think you’ll find too many yes voters on here unaware of the risks

    Almost 7k of posts suggests otherwise. But it would be unreasonable to expect this not to be the case, when the yS campaign has involved a deliberate policy of misrepresenting risk. Not since the Euro project have we seen political vanity projects being driven by such clear deceit and on such a scale. Instead of identifying and mitigating risk there is a deliberate policy to misrepresent, hide and ignore it. The same thing happened with Europe and the youth in the periphery states are paying the cost.

    So it’s not just here that this deceit is recognised and highlighted especially in relation to the head of the vanity project. We have had eminent financial figures (Sir Martin Jacomb and Sir Andrew Large) using the same language this week, noting how “the first minister is not being honest over what they say is the most important issue in the independence debate.”

    If that was not enough we now have the former SNP Lord Provost encouraging the DO to abandon the call for independence (the DO ability to unite so many different people against him continues to amaze)

    A former SNP Lord Provost yesterday appealed to Alex Salmond to “slam on the brakes” of his independence campaign because he has “no answers” about a separate Scotland’s currency or EU membership. Alex Murray, the SNP’s first Lord Provost of Perth and a party member for 53 years, has written to the First Minister urging him to drop independence in favour of Scotland remaining part of a federal UK. Despite the First Minister’s assertions otherwise, Mr Murray said Mr Salmond and the rest of the party’s hierarchy were “not too sure” about how independence would actually work. (No shit Sherlock). In particular, the former Yes campaigner said Mr Salmond, who is a long-time acquaintance, had “no answer at all” about what would happen to the pound or Scotland’s EU membership.Mr Murray argued that the SNP had performed about-turns on so many issues such as the monarchy and Nato membership that it was effectively arguing for federalism instead of independence.

    Seems then that to be fully aware of the risks, you have to utterly brilliant or utterly brainwashed. You decide.

    piemonster
    Free Member

    🙄 that article looks like it’s been written by a 12 year old on a bad day.

    Wasn’t me btw.

    Junkyard
    Free Member

    The same thing happened with Europe and the youth in the periphery states are paying the cost.

    Could you remind us all of the UK youth unemployed rates since the financial institutions ruined the economy?
    And you say politicians are trying to cover things up, spin and deceive.
    Everyone knows the very institutions you are telling us to care about were the ones who caused the crisis you blame on the Euro; everyone knows this even you. I have a vision that in 2055 you will still be telling us the Euro is doomed.

    Re the article you cited and quoted I note you gave us the journalists interpretation of what he said when his actual words are in your link.
    You gave us

    Mr Murray said Mr Salmond and the rest of the party’s hierarchy were “not too sure” about how independence would actually work. (No shit Sherlock)

    Now the journalist and you appear to be employing

    a deliberate policy to misrepresent

    Here are his actual words

    “I’ve got a feeling they are not too sure themselves how it is going to work – people within the party and people within the hierarchy of the party.”

    I shall leave others to decide why you gave the spin version which reads as far more conclusive and certain rather than his quote which shows his lack of certainty/actual knowledge. It is almost as if you wanted to make his claim look stronger than it actually was whilst warning us about the DO doing the same

    piemonster
    Free Member
    Junkyard
    Free Member

    Shell shrugs off Scottish independence concerns

    Mark Williamson
    Group Business Correspondent
    Thursday 31 July 2014

    Royal Dutch Shell’s chief executive Ben van Beurden has noted the oil and gas giant plans to invest billions of dollars off Shetland in coming years, signalling the company has no major concerns about the prospect of Scottish independence.

    Asked if Shell was making contingency plans for how to respond to a vote in favour of independence in September, Mr van Beurden said:

    “As I’ve said before in December I think we would prefer it for the UK to remain a single country. There is of course uncertainty that would flow from a Scottish independence outcome but then having said that we would of course deal with Scottish independence in the way that we would have to. I don’t think there is in that sense anything that we are deeply concerned about.”

    Mr van Beurden, who took charge in January, said the North Sea still had a big part to play in the company’s plans although he intends to sell off billions of dollars of assets around the world.

    While Shell has put three relatively small assets off Scotland up for sale, Mr van Beurden noted: “You have to bear in mind that there’s also significant growth still. We still invest for the next few years two billion dollars a year particularly in Clair and Schiehallion (West of Shetland) so it’s not as if we are completely stepping away from the North Sea. We are just engaged in the normal active portfolio management where we prune ourselves of end of life, late life assets and where ownership is better had elsewhere because there is niche or specialist capability … and where basically we have bigger bang for our buck elsewhere. “

    The Dutch executive was speaking to reporters after Shell posted a 33 per cent increase in quarterly earnings, helped by high oil prices.

    The company made $6.1 billion (£3.6bn) net of one-offs in the three months to June, compared with $4.6bn in the same period of 2013.

    Mr van Beurden spoke of his sadness about the crash of the MH17 Malaysia Airlines flight in east Ukraine earlier this month, which took the lives of four Shell employees and many of his compatriots and which he described as a terrible tragedy.

    piemonster
    Free Member

    Ok thanks. A bit like THM

    Nowt new or surprising/scary

    Junkyard
    Free Member

    to be fair THM would probably just quote this bit

    “As I’ve said before in December I think we would prefer it for the UK to remain a single country. There is of course uncertainty that would flow from a Scottish independence outcome

    and add them to the list 😉

    piemonster
    Free Member

    😆

    athgray
    Free Member

    Looks like an independent Shetland could do well for itself.

    teamhurtmore
    Free Member

    Independence only goes so far ATG – we know the DOs view on that one!!!!

    Still next week, we will see the culmination of a political lifetime preparing for one event, reduced to deceit, lies and spin on TV. Or maybe, just maybe, the fiscal committee will have come up with plan D and an proper assessment of the risks etc.

    Don’t hold your breath, the sense of anticlimax will be breathtaking enough.

    athgray
    Free Member

    Nationalists like deceit, lies and spin THM. Here is a truth they may not wish to here. They are not the champions of social democracy and righteousness they claim!

    During the week, the lovely site ‘Right Wings Over Scotland’ displayed the sad story of an ex serviceman from Stevenage who died after not being able to afford electricity to cool the insulin he took for his diabetes. He previously had his job seekers allowance suspended.

    The tag at the bottom sarcastically says “We can’t do any better than that. Vote No, everyone UK OK!”

    Link to the site facebook page, comments on the article show nationalists shedding crocodile tears and questioning how people can vote No in support of a murdering Tory government.

    Through the door today is a booklet from Yes Scotland extolling the financial benefits to Scotland due to oil and gas reserves, (now apparently off Shetland also), and a quote from the FT in Feb saying:-

    “An independent Scotland would be richer than the rest of the UK and in the top 20 countries globally”.

    So then, how does Scottish independence help the next diabetes sufferer from Stevenage struggling to pay for electricity to keep their insulin cool? It doesn’t, and nationalists don’t care! Someone else’s problem. I could almost laugh at these socialist assertions if they were not so shallow.

    Remember that when you pat yourself on the back and believe you have women, mothers, students, NHS staff and the young on your side against UKIP voters and the BNP.

    piemonster
    Free Member

    (now apparently off Shetland also),

    You sound cynical, but that fact has come direct from a pro yes facebook page. What more do you want?

    athgray
    Free Member

    No cynicism on that piemonster. I am not doubting it. Remember though, the Northern Isles history, and possible distaste for Scottish Independence, (although there is probably a ‘Shetland for Yes’ group registered with the electoral commission).
    I made the mistake of referring to Orkney as a part of Scotland when in Kirkwall once.
    I agree with you about the article though. Appears to have been written by a child, but does not stop people using it.

    You do seem sensible piemonster, and this article may be true but I do implore you not to follow the flock and believe all you hear on Yes Scotland social media. (Whisper) It’s not reasoned and balanced you know.

    Reading your post again piemonster, is that the point you are making, that whizzed over my head?

    Junkyard
    Free Member

    It’s not reasoned and balanced you know.

    So then, how does Scottish independence help the next diabetes sufferer from Stevenage struggling to pay for electricity to keep their insulin cool? It doesn’t, and nationalists don’t care! Someone else’s problem. I could almost laugh at these socialist assertions if they were not so shallow

    😕

    Very little is on this debate but you can be part of the problem or part of the solution
    Sadly most people choose to claim the other side do it whilst doing it themselves 😥

    konabunny
    Free Member

    how does Scottish independence help the next diabetes sufferer from Stevenage struggling to pay for electricity to keep their insulin cool?

    IScotland will increase taxation, realign government spending towards social welfare, disengage the military from overseas endless wars, promote renewable energy, develop a sub North Sea power connection to sell power to mainland Europe (which will struggle without Russian energy), use the funds to build up reserves, and then invade England and liberate Stevenage.

    konabunny
    Free Member

    “As I’ve said before in December I think we would prefer it for the UK to remain a single country. There is of course uncertainty that would flow from a Scottish independence outcome

    There are of course opportunities for Shell within that uncertainty – for example the chance to completely outnegotiate a newly-formed government of a newly-formed state that’s under political pressure.

    Junkyard
    Free Member

    there should be a like button on here
    Beautifully set up for that punchline

    Chapeau Sir

    Northwind
    Full Member

    Incidentally, most modern insulin can be safely stored at room temperature. Seems there’s a complicated and very sad story there but it’s not likely that it’s the one the family are telling. I suppose it’s possible he was on some stone-age insulin but even the pig-derived stuff I started out on had a reasonable shelflife in the warm- you didn’t die because the fridge went off! It all smells of mental health issues tbh.

    What can Scotland do to prevent it happening again? We invented insulin, surely we’ve done enough 😉

    epicyclo
    Full Member

    45 days to go.

    And wasn’t that a brilliant ride from Emma Pooley 🙂

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