well done Goldie that was pretty much what some big city bod said to Ian King on Sky. He also said that since Brexit, London has seen record investment and will still be the financial hub. He went on and said we have created an office in the EU but It will never replicate London.
A lot of companies opened small offices in the EU, and EU companies opened them in the UK to prepare for the possibility of a no deal. I expect in the next year or so as unnecessary bureaucracy is ironed out during UK/EU talks, a lot of these will be closed or pared down
I thought you did. Never mind, it's time for me to move on from this thread anyway, now that twat Ellers is back on here.
That’s nice Stroller. Especially as you are the one who always seems to come out with rubbish. I still laugh at your Jezza prediction. I said I was only back until the new year then I will be moving on as the Brexit job is done. Now on a different note. I was sent that EU agreement by my Mrs as a joke. I wouldn’t waste my life trying to go through that. There is a shorter version with bullet points but make sure it’s the version from an independent as already some of the papers are spinning their own versions.
I do a lot of work (English training) with companies in La Defence (Paris' Canary Wharf equivalent). Most of the businesses I work with have said they prepared for the worst in terms of a deal, but they expect very little to actually change. Their biggest concern at the moment is getting back on track after COVID, and preparing for another year impacted by COVID...a year in which cutbacks and cost-saving will be key. I have already spoken to lots of people who are having their offices shut, and are being encouraged to work from home more. COVID forced a lot of businesses to adapt to people working from home. It wasn't a popular concept here pre-COVID, but the pandemic forced companies to allow people to work from home...and lots have realised they can save a lot of money by encouraging people to work from home a few days a week, hot desk in the office, and therefore reduce the amount of prime real estate they need to rent. I reckon EU based businesses could be happy to keep a UK based team, but have them work from home to save some money, and travel to head office occasionally, if and when needed. This is often how it works with branches in the US, Australia, China etc etc. Details here suggest that EU citizens currently working in the UK should be able to continue without much of an issue; https://www.gov.uk/guidance/the-uks...m=work-in-uk&gclid=CLCyjsCA8-0CFcNEGwodgycD-A
I'm sure you're right, Dave. Covid will have a much greater effect on the way businesses operate re offices in the UK and EU than Brexit will. Many of the old ways - 5 day week, 100% office attendance for all - will not come back. The interesting part will come when businesses compare productivity of personnel working from home with money saved on rents etc. This analysis will be very important
Not sure for other countries and other situations...but for me, having been in France for 10 years I was able to apply for a carte de sejour...basically a residency card, which is valid for 10 years. It gives me the right to live, work and access healthcare and social security in France.
That was a sensible move Dave. I have friends who have lived in France for over 10 years and have nothing. A bit stupid not having Any documents.
Yep, I've heard a few stories of people who just assumed that as they've been here for years and years it'd be fine for them...and they had to rush at the last minute to get papers sorted.
i missed this news not reported by the BBC/Guardian and others. After all the doom and gloom. I am pleased to see a positive story without all the project fear. Why can't the economic doom-mongers admit they got it wrong on Brexit? Ross Clark As the shape of post-Brexit Britain becomes clearer, think tanks are being forced to revise their forecasts. I'm sure it was purely pressure of space that stopped the BBC website reporting a forecast by the Centre for Economic and Business Research (CEBR) that the UK economy will grow to become 23 per cent larger than that of France by 2035. Then following on I read a story about the CBER forecasts. I highlighted an interesting bit. [ China to leapfrog US as world’s biggest economy by 2028: Report China will overtake the United States to become the world’s biggest economy in 2028, five years earlier than previously estimated due to the contrasting recoveries of the two countries from the COVID-19 pandemic, a think-tank said. “For some time, an overarching theme of global economics has been the economic and soft power struggle between the United States and China,” the Centre for Economics and Business Research said in an annual report published on Saturday. “The COVID-19 pandemic and corresponding economic fallout have certainly tipped this rivalry in China’s favour.” The CEBR said China’s “skilful management of the pandemic”, with its strict early lockdown, and hits to long-term growth in the West meant China’s relative economic performance had improved. China looked set for the average economic growth of 5.7 percent a year from 2021-25 before slowing to 4.5 percent a year from 2026-30. While the United States was likely to have a strong post-pandemic rebound in 2021, its growth would slow to 1.9 percent a year between 2022 and 2024, and then to 1.6 percent after that. Japan would remain the world’s third-biggest economy, in dollar terms, until the early 2030s when it would be overtaken by India, pushing Germany down from fourth to fifth. The United Kingdom, currently the fifth-biggest economy by the CEBR’s measure, would slip to sixth place from 2024. However, despite a hit in 2021 from its exit from the European Union’s single market, the British gross domestic product (GDP) in dollars was forecast to be 23 percent higher than France’s by 2035, helped by the UK’s lead in the increasingly important digital economy. Europe accounted for 19 percent of output in the top 10 global economies in 2020 but that will fall to 12 percent by 2035, or lower if there is an acrimonious split between the EU and the UK, the CEBR said. It also said the pandemic’s impact on the global economy was likely to show up in higher inflation, not slower growth. “We see an economic cycle with rising interest rates in the mid-2020s,” it said, posing a challenge for governments which have borrowed massively to fund their response to the COVID-19 crisis. “But the underlying trends that have been accelerated by this point to a greener and more tech-based world as we move into the 2030s.”
Sorry I added you to another post. I think you will all be okay. The EU boast about the people being one of the 4 musts. I think the French will just make more paperwork for themselves to keep people employed.
Well done for finding a forecast you like which definitely proves the forecasts you don’t like are wrong.
You always have something negative to say about this country. I choose an independent report. You just don’t like to hear forecasts of us doing well. Mate you still have 2 days to get to the EU and you can join them? You obviously dislike this country... getaway while you can.
