If we vote for Brexit what happens

gfplux

They are only Bankers

http://nypost.com/2017/05/08/brexit-will-cost-london-thousands-of-banking-jobs/
The largest global banks in London plan to move about 9,000 jobs to the continent in the next two years, public statements and information from sources show, as the exodus of finance jobs starts to take shape.

Last week Standard Chartered and JPMorgan were the latest global banks to outline plans for their European operations after Brexit. They are among a growing number of lenders pushing ahead with plans to move operations from London.

Goldman Sachs chief executive Lloyd Blankfein said in an interview Friday that London’s growth as a financial center could “stall” as a result of the upheaval caused by Brexit.

Thirteen major banks including Goldman Sachs, UBS and Citigroup have given an indication of how they would bulk up their operations in Europe to secure market access to the European Union’s single market when Britain leaves the bloc.

Also this http://www.reuters.com/article/us-britain-eu-banks-idUSKBN18413K

A_Medium_Size_Jock

gfplux wrote: »

Conrad, this is a rather long quote from today's politico Brexit email.
It suggest that taking back control of the fishing might have its own problems. Frankly the fishing issue is much too complex for me. I tend to flip flop over the issue of preservation as many do.

You do realise that this is an opinion piece?
Someone's point of view.
NOT fact.

Mortgagefreeman

mayonnaise wrote: »

I do want to be prepared.

I'm sure you do.....

mayonnaise wrote: »

I accept the result and will move on.

A_Medium_Size_Jock

gfplux wrote: »

Someone thinks the "opportunity" will not last

http://www.independent.co.uk/news/business/news/brexit-latest-news-uk-exporters-long-term-gains-pound-sterling-windfall-gripple-a7725791.html

"With 85 percent of its customers outside Britain, Sheffield-based Gripple should be cheering the plunge in sterling since last year's vote to leave the EU, which means every overseas sale brings in more pounds than before.

British exporters are enjoying a Brexit windfall as a result of the pound's fall, which has helped push up the value of the goods they export by 15 per cent since a year ago. Some hope the boost to manufacturers will foster a rebalancing of the economy, which has long relied on domestic consumers.

But Gordon Macrae, a senior manager at Gripple, which makes metal parts used to connect and tension steel cables, does not expect the boost to last long enough to justify speeding up investment plans, despite strong demand for its products."

Again one persons opinion.
It is not fact and certainly should not be relied upon as being definitive.
Facts and figures are definitive - like the growth figures I posted earlier.

It just looks like you are hunting for negativity now.

Conrad

gfplux wrote: »

Conrad, this is a rather long quote from today's politico Brexit email.
It suggest that taking back control of the fishing might have its own problems. Frankly the fishing issue is much too complex for me. I tend to flip flop over the issue of preservation as many do.

The quote
"Unless the Brits suddenly develop an appetite for fish, they will find themselves playing a weak hand in the talks on a post-Brexit deal on fisheries.

That will make it hard to deliver on the demands of prominent Brexiteers who see escaping the hated EU Common Fisheries Policy as a very tangible way of “taking back control” — in this case of access to vast swathes of sea around the U.K. coastline.

UKIP MEP Ray Finch, for example, authored a pamphlet called “Stolen Seas” in which he argues the Common Fisheries Policy is a “resource grab.” His colleague, MEP Mike Hookem, told the European Parliament in March that the U.K. should “withdraw from the Common Fisheries Policy and everything connected with it — and take back control of what is rightfully ours,” according to the Daily Express.

But despite Brexiteers thundering about regaining sovereignty over U.K. waters, Theresa May’s government has remained quiet on her strategy for managing fisheries post Brexit.

Scottish National Party candidate Eilidh Whiteford told the National today that the lack of a clear statement from the government about its priorities is a sign the fishing industry could become collateral damage in the Brexit talks. The British government is “planning to use Scottish waters and our fishing industry as a Brexit bargaining chip,” Whiteford said.

She may be on to something.

What it may come down to is that the EU has diet in its favor. According to a recent study, Portuguese citizens eat the most fish on the Continent with an average person downing 53.8 kilograms per year. Next on the list are Lithuanians, who eat on average 43.6 kilograms, and Spaniards, who consume 42.4 kilograms.

The Brits? 20.8 kilograms per person, below the EU average of 22.5 kilograms.

Simply put, the British fleet can catch as many fish as it wants but they won’t be able to sell it without access to the lucrative EU market. Domestic demand simply isn’t high enough.

This puts the British fisheries armada between a rock and the deep blue sea.

Unless the Brits start eating more fish, the government will likely be forced to make a deal that trades access to U.K. waters for EU vessels in exchange for access to the world’s largest fish and seafood market.

When the battle ships are back to port, a post-Brexit fishing deal may not end up looking much different from the status quo."

—Kait Bolongaro

I'm sorry this is just more fear nonsense. If we have lots of fish to supply, And Europeans less to catch, Paris restaurants are going to buy our fish. Again the entire world trades with Europe.

gfplux

Small business funding under threat, who new that our EU money comes back to small businesses.
http://www.fsb.org.uk/media-centre/press-releases/brexit-funding-gap-a-threat-to-growth-and-productivity?utm_source=POLITICO.EU&utm_campaign=cb43bb9e90-EMAIL_CAMPAIGN_2017_05_10&utm_medium=email&utm_term=0_10959edeb5-cb43bb9e90-190026745

Billions of pounds in EU funding dedicated to supporting small firms must be replaced to avoid the risk of an economic slowdown post-Brexit, according to the latest Federation of Small Businesses (FSB) report.

A_Medium_Size_Jock

gfplux wrote: »

They are only Bankers

http://nypost.com/2017/05/08/brexit-will-cost-london-thousands-of-banking-jobs/
The largest global banks in London plan to move about 9,000 jobs to the continent in the next two years, public statements and information from sources show, as the exodus of finance jobs starts to take shape.

Last week Standard Chartered and JPMorgan were the latest global banks to outline plans for their European operations after Brexit. They are among a growing number of lenders pushing ahead with plans to move operations from London.

Goldman Sachs chief executive Lloyd Blankfein said in an interview Friday that London’s growth as a financial center could “stall” as a result of the upheaval caused by Brexit.

Thirteen major banks including Goldman Sachs, UBS and Citigroup have given an indication of how they would bulk up their operations in Europe to secure market access to the European Union’s single market when Britain leaves the bloc.

Also this http://www.reuters.com/article/us-britain-eu-banks-idUSKBN18413K

Are you ignoring the posts about banking a few days ago altogether then?
Besides the fact the Brexit has not yet been thrashed out, never mind happened - have these jobs actually moved?
And remind us please, how many bankers are employed in London?

Conrad

gfplux wrote: »

They are only Bankers

http://nypost.com/2017/05/08/brexit-will-cost-london-thousands-of-banking-jobs/
The largest global banks in London plan to move about 9,000 jobs to the continent in the next two years, public statements and information from sources show, as the exodus of finance jobs starts to take shape.

Last week Standard Chartered and JPMorgan were the latest global banks to outline plans for their European operations after Brexit. They are among a growing number of lenders pushing ahead with plans to move operations from London.

Goldman Sachs chief executive Lloyd Blankfein said in an interview Friday that London’s growth as a financial center could “stall” as a result of the upheaval caused by Brexit.

Thirteen major banks including Goldman Sachs, UBS and Citigroup have given an indication of how they would bulk up their operations in Europe to secure market access to the European Union’s single market when Britain leaves the bloc.

Also this http://www.reuters.com/article/us-britain-eu-banks-idUSKBN18413K

Again we said some staff could be moved as but one means of keeping free market access, I went on about this forever, lol.

Barclays CEO today saying he sees no need to move any staff and that Brexit is a far less onerous challenge compared with others the Bank is coping with. See the Guardian.

Also do keep in mind the raft of Banking legislation due to hit the EU next year, let's see how inviting that makes the EU look.

Furthermore the numbers your piece outlines are very small in the grand scheme, and new opportunities such as the Dim Sum bond trade are creating new City jobs.

I never did buy into the fear, I still don't, all will be well.

A_Medium_Size_Jock

gfplux wrote: »

Small business funding under threat, who new that our EU money comes back to small businesses.
http://www.fsb.org.uk/media-centre/press-releases/brexit-funding-gap-a-threat-to-growth-and-productivity?utm_source=POLITICO.EU&utm_campaign=cb43bb9e90-EMAIL_CAMPAIGN_2017_05_10&utm_medium=email&utm_term=0_10959edeb5-cb43bb9e90-190026745

Billions of pounds in EU funding dedicated to supporting small firms must be replaced to avoid the risk of an economic slowdown post-Brexit, according to the latest Federation of Small Businesses (FSB) report.

Strange.
This suggests otherwise:

Doom-mongers have been waiting for the bottom to fall out of the boat, but as the months have passed since 23 June 2016, the four horsemen of the apocalypse have resolutely refused to ride into town.
This tallies with what we’ve been seeing on the ground. Our broker members have continued to see small business owners applying for funding and looking to grow. We reported at the end of last year that applications for commercial mortgage funding were up 132 per cent on the previous year – by their very nature, business mortgage enquiries provide a good indicator of small business’long-term financial appetite.

http://businessadvice.co.uk/finance/get-funded/reasons-for-small-business-owners-to-be-cheerful-about-brexit/

cogito

gfplux wrote: »

Obviously you have never been a salesman otherwise you would know your loyalty is to your brand.

I have actually. Advising clients on the suitability of a range of products from different suppliers taking account of overall quality, after sales service and price. My loyalty was to my customers - a fact which they appreciated greatly as they did not have to base a purchase on the biased position of a salesman whose first loyalty was to his own pocket, secondly to his brand and finally to his customer.