Off Topic The Politics Thread
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Sorry, I was referring to you being incorrect with your term of 'Convicted'.
Havent you learned the game with Ellers yet Wills? It's like debating with a Lego brick wall
I've always thought that the left-wing case for Brexit is logically cohesive, and might well be persuasive to me if I were left of centre. It's probably the only coherent case for Brexit I've heard.
That to one side, and much more importantly, how are you Staines? Hope you're keeping well and things aren't too mad on the front line.
Totally agree mate.....I might be looking at the whole thing very simplistically but it makes complete sense to me, from a left wing point of view and bizarre that anyone on the Left (as supposedly many Remainers are) can honestly say that the EU is a good thing.....
Thanks for asking, I’m fine....3 more days of being shut in the bedroom, having meals bought to my bed and having disinfectant sprayed on every surface I touch (I’m not kidding). It’s not been that bad, felt rough for a few days and still do when I wake up....HR still low but hoping that will come back to normal after I get out running again next week...slowly at first.
On the work front the good news is our REAP level has gone down, therefore showing the calls have gone down to a more manageable level. Many of us, in my station at least, have now had the first dose of vaccine so hopefully sickness will improve, and we are still getting assistance from colleagues in the MetPol/LFB to make up numbers. Hopefully this will continue to improve and we’re reaching normality once again......weird how you long to go to a ‘normal’ job like chest pain or an assault, rather than the continuous DIB/COVID cases that we’ve been getting.
Sounds full on but I'm glad you're past the worst of the illness and the calls are going down. Hope you've been well enough to enjoy s good book or a few TV series in your isolation!! Be kind to yourself when it comes to getting back to running.
Just on the final season of Breaking Bad (why did I wait so long) then gonna read my new book by Paul Embery- “Despised, Why the modern Left loathes the working class”
It’s all fun in my household.
Old news
What's the badger supposed to mean? I suspect it's derogatory because someone who was subsequently banned on here used to use it a lot in response to my posts.
Take it easy
Not meant to mean anything
The smilies are quite small on my phone and the badgers next to a happy face
Just couldn't be bothered changing it really
What is the double meaning behind the badger
Why is it a choice on here anyway
Tw2ts.
French customs officials' post-Brexit dirty tricks on British fish are revealed: Lorries are being impounded because a full-stop is misplaced or a box's declared weight is a kilo out, writes DAVID JONES
https://www.dailymail.co.uk/news/ar...-tricks-British-fish-DAVID-JONES-reveals.html
French customs officials' post-Brexit dirty tricks on British fish are revealed: Lorries are being impounded because a full-stop is misplaced or a box's declared weight is a kilo out, writes DAVID JONES
https://www.dailymail.co.uk/news/ar...-tricks-British-fish-DAVID-JONES-reveals.html
Europe Will Regret Stealing London’s Finance Business
Negotiators should seek to keep trade as free as possible.
By
Editorial Board
January 21, 2021, 3:30 AM EST
Agglomeration has its advantages. Photographer: Dan Kitwood/Getty Images
In quitting the European Union, the U.K. has handed its former partners a golden opportunity: Seize some of the lucrative financial services business that London has long dominated.
It’s a temptation that European officials would do well to resist.
The last-minute Brexit deal struck in December left many important issues unaddressed, including what will replace the unfettered access to EU markets that U.K. financial firms once enjoyed. The two sides now aim to reach some kind of agreement by March. In the meantime, U.K.-based firms can’t provide a number of services to EU customers, including credit ratings and trading in stocks and derivatives. Trading in shares of EU-based companies has already shifted almost entirely to continental venues such as Paris and Amsterdam.
It’s easy to see the U.K.’s loss as fair comeuppance: You wanted out, so bear the consequences. This week, the European Commission effectively said as much, unveiling a blueprint to boost the international role of the euro, reduce reliance on unreliable outsiders and move more financial business within its regulatory purview. Problem is, the balkanization of financial services will likely leave everyone worse off, at least in the near term.
There’s a reason London developed into a global hub: Concentrating activity in one place has a lot of advantages. Trading is cheaper and more efficient. Companies can more easily achieve economies of scale, and have access to deeper pools of talent. Forcing a shift to the continent will gain the EU some jobs, but also harm customers and investors who profit from London’s agglomeration effects. Not to mention that the EU, with its thinly capitalized banks and incomplete financial union, is quite unprepared to step up.
No doubt, with time, the EU will develop comparative advantage in certain areas, especially if it succeeds in forging a deeper political and economic union. But the future winners and losers should be decided by competition, not by needless barriers to trade.
The solution isn’t difficult. The EU and the U.K. should grant each other’s firms full access as long as their regulatory regimes remain roughly equivalent. The two sides have already reached temporary equivalence deals in a couple areas — most notably the clearing and settlement of derivatives trades, where a Brexit-driven shift from the dominant U.K. to the continent could have threatened financial stability. Such agreements should be made permanent, broadened to as many services as possible, and strengthened to ensure the EU won’t revoke access suddenly and unilaterally. In return, the U.K. should offer assurances that it won’t unduly loosen regulations in a bid to attract business.
The goal, in short, should be to keep trade as free as it was when the U.K. was still in the EU. That’s why it would have been better for all concerned if Britain hadn’t left in the first place — but now that it has, there’s no call to compound the damage.
To contact the senior editor responsible for Bloomberg Opinion’s editorials: David Shipley at [email protected] .
Negotiators should seek to keep trade as free as possible.
By
Editorial Board
January 21, 2021, 3:30 AM EST
You must log in or register to see images
Agglomeration has its advantages. Photographer: Dan Kitwood/Getty Images
In quitting the European Union, the U.K. has handed its former partners a golden opportunity: Seize some of the lucrative financial services business that London has long dominated.
It’s a temptation that European officials would do well to resist.
The last-minute Brexit deal struck in December left many important issues unaddressed, including what will replace the unfettered access to EU markets that U.K. financial firms once enjoyed. The two sides now aim to reach some kind of agreement by March. In the meantime, U.K.-based firms can’t provide a number of services to EU customers, including credit ratings and trading in stocks and derivatives. Trading in shares of EU-based companies has already shifted almost entirely to continental venues such as Paris and Amsterdam.
It’s easy to see the U.K.’s loss as fair comeuppance: You wanted out, so bear the consequences. This week, the European Commission effectively said as much, unveiling a blueprint to boost the international role of the euro, reduce reliance on unreliable outsiders and move more financial business within its regulatory purview. Problem is, the balkanization of financial services will likely leave everyone worse off, at least in the near term.
There’s a reason London developed into a global hub: Concentrating activity in one place has a lot of advantages. Trading is cheaper and more efficient. Companies can more easily achieve economies of scale, and have access to deeper pools of talent. Forcing a shift to the continent will gain the EU some jobs, but also harm customers and investors who profit from London’s agglomeration effects. Not to mention that the EU, with its thinly capitalized banks and incomplete financial union, is quite unprepared to step up.
No doubt, with time, the EU will develop comparative advantage in certain areas, especially if it succeeds in forging a deeper political and economic union. But the future winners and losers should be decided by competition, not by needless barriers to trade.
The solution isn’t difficult. The EU and the U.K. should grant each other’s firms full access as long as their regulatory regimes remain roughly equivalent. The two sides have already reached temporary equivalence deals in a couple areas — most notably the clearing and settlement of derivatives trades, where a Brexit-driven shift from the dominant U.K. to the continent could have threatened financial stability. Such agreements should be made permanent, broadened to as many services as possible, and strengthened to ensure the EU won’t revoke access suddenly and unilaterally. In return, the U.K. should offer assurances that it won’t unduly loosen regulations in a bid to attract business.
The goal, in short, should be to keep trade as free as it was when the U.K. was still in the EU. That’s why it would have been better for all concerned if Britain hadn’t left in the first place — but now that it has, there’s no call to compound the damage.
To contact the senior editor responsible for Bloomberg Opinion’s editorials: David Shipley at [email protected] .
