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Effect of Brexit

Discussion in 'Watford' started by Davylad, Mar 26, 2016.

  1. Bolton's Boots

    Bolton's Boots Well-Known Member

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    Aah - the Auld Alliance must still be alive and kicking. That same percentage applies on two other referendums up here... :)
     
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  2. superhorns

    superhorns Well-Known Member

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    I just presumed the French President was not lying and is in a better position to judge the attitude of the French public. It was him that made the statement that the French would 'probably vote to leave in a referendum'. This was made on BBC TV, nothing to do with the Express, they just reported this remarkable negative admission.
     
    #6542
  3. superhorns

    superhorns Well-Known Member

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  4. Most UK politicians acknowledge that there would be a majority in favour of restoring the death penalty. It's just as meaningless for the simple reason that it won't be happening any time soon.
     
    #6544
  5. superhorns

    superhorns Well-Known Member

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    The French President's comment is a good indicator that the EU is unpopular not only in the UK but also on the continent. It shows the eurocrats are out of touch with the public.
     
    #6545
  6. oldfrenchhorn

    oldfrenchhorn Well-Known Member
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    UBS, the Swiss investment bank, will not wait for details of a possible transition deal before triggering its Brexit contingency plans “in early 2018”, risking the loss of up to 1,000 UK jobs, the Press Association reports. It detailed the plans in its fourth quarter earnings report, in line with expectations that a raft of international firms will be forced to start moving jobs and EU client operations by the end of March.

    So the first of them to make a move comes about while the government still dithers about what it wants to do. No one thought this would happen of course!
     
    #6546
  7. superhorns

    superhorns Well-Known Member

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    PROJECT FEAR CORRECTION

    Actually they have said some 200 roles are expected to leave the UK, compared with 1,00 initially feared.

    USB employs 5,000 in London.
     
    #6547
  8. oldfrenchhorn

    oldfrenchhorn Well-Known Member
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    Jaguar Land Rover will temporarily reduce production at its plant in Halewood later this year in response to weakening demand due to Brexit and tax hikes on diesel cars, Reuters reports.
     
    #6548
  9. oldfrenchhorn

    oldfrenchhorn Well-Known Member
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    Maybe you should get in touch with the Press Association to tell them they have got it wrong. I am sure they will put up a correction for you.
     
    #6549
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  10. superhorns

    superhorns Well-Known Member

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    22 JANUARY 2018 • 1:15PM
    Swiss investment bank UBS has revealed it will start to implement Brexit contingency plans early this year, in a move that could see hundreds of the firm’s London staff move to continental Europe.

    In full-year results published on Monday, UBS - which employs 5,000 people in London - said it would begin “implementation of contingency measures in early 2018” in preparation for Brexit.

    Some 200 roles are expected to leave the UK, according to reports, compared with 1,000 initially feared. UBS has struck a more upbeat tone on Brexit in recent months, saying it is “more and more unlikely” it will have to move as many as 1,000 staff from London due to “regulatory and political clarifications” it has received.
     
    #6550

  11. oldfrenchhorn

    oldfrenchhorn Well-Known Member
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    However the speed with which international banks are enacting contingency plans will add to concerns about the City of London’s global status.

    The Bank of England and consultancy EY have warned that as many as 10,000 City jobs could go by March next year without a Brexit trade deal.

    City bosses and the UK Government are pressing the EU for a Brexit trade deal that includes financial services.

    Axel Weber, chairman of UBS, was among the finance bosses making the case at a summit with Prime Minister Theresa May and Chancellor Philip Hammond at Number 10 earlier this month.

    However the EU has insisted Britain’s financial services industry will not be included in any agreement.

    Your article also said this.
     
    #6551
  12. superhorns

    superhorns Well-Known Member

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    I'm sure jobs will go, others will be created. London is the largest financial capital in the world and will remain that long after Brexit. We have had numerous warnings of job losses since the referendum, all have been unfounded. It appears most banks are predicting a great deal LESS jobs will be lost through Brexit in the City of London.
     
    #6552
  13. superhorns

    superhorns Well-Known Member

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  14. colognehornet

    colognehornet Well-Known Member

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    Whilst on the subject of rats. Apparently they have a lot of them in the House of Commons (that's not a joke by the way). They also have gangs of them which go around Luton in broad daylight (again not a joke). Ask a lot of European tourists who have spent overpriced nights in so called London hotels and counted the bug bites the next morning.
     
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  15. superhorns

    superhorns Well-Known Member

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    The EU MEP pension fund is on the brink of collapse as it is almost bankrupt. Nigel is most concerned and would like those left in the EU to financially keep it afloat.
     
    #6555
  16. oldfrenchhorn

    oldfrenchhorn Well-Known Member
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    I wasn't sure if I should put this up on this thread or the Political Jokes thread. This afternoon I watched Jeremy Hunt responding to questions about the effect of Brexit on the NHS. He was quite happy to sit there while Lord O’Shaughnessy took the bulk of the questions. Just what were the contingency plans to ensure that medical treatment that we rely on the EU to provide would be available? “We are planning for a deep and special partnership with the EU post-Brexit,” O’Shaughnessy said confidently." That was not the question replied the chair, the impressive Sarah Woolaston. O'Shaughnessy replied that everything was going to be fine, so no contingency plans were required.

    Giving up the committee moved onto Hunt. If the government got a transitional deal, all would be well but if not, something would turn up was his message.

    Despite the nonsense we did learn a few things.
    1. The sealing of a transitional deal might not be done until after the end of March, the final date that UK business have set before they invoke their plans to move out.
    2. The idea is that we will pay to associate with each EU agency that we need to. There could be dozens of them. This is on top of what we have already agreed to pay up to settle our bills.
    3. The work required by the Dept. of Health on it's green paper would have to wait as there were no available civil servants. They are working on the Brexit details.
    4. The country cannot manage without lots of low paid workers to keep the care services going. Special arrangements will be needed to keep them coming from the eastern areas of the EU.
    5. We cannot expect to see home trained doctors for about seven years. Until then we will have to have an open door for foreign doctors.

    The overall message was one of if there is no deal we are up the creek.
     
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  17. Hornet-Fez

    Hornet-Fez Well-Known Member

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    <doh> As one of our number is prone to say: desperate stuff! It would be comical if it wasn't so damned serious! :headbang:
     
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  18. yorkshirehornet

    yorkshirehornet Well-Known Member

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    Puts the notion of a so-called hard Brexit in perspective eh....

    If we dont go for literally the 'softest' Brexit possible... yes we could be up a certain creek.

    The notion of leaving without a deal proposed by some takes no account of the fact that our health and social care services plus cleaning and childcare and a whole raft of lower paid jobs are totally dependant on foreign workers. We have to have a deal that recognizes this and makes it easy for people to come and work in the UK, and that means families too which means education and health care for them. Otherwise they will leave the UK and work elsewhere in the EU where such benefits are freely recognised.
     
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  19. Mexican Hornet

    Mexican Hornet Well-Known Member

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    Read through a lot of this, well facts from both sides of it.

    It just shows how shallow it all is, based on the "facts" of the referendum. Politics is none sense propaganda based on a wed of lies and half truths with little foresight. <doh>

    Way to go intelligent leaders.
     
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  20. Toby

    Toby GC's Life Coach

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    #6560

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