If we vote for Brexit what happens

kabayiri

mayonnaise wrote: »

I lived and worked in many EU and non-EU countries in the past, and still remained interested, involved and bothered about what goes on in the UK.
Surprising for some, I know.

You see, I take a lot of interest in India because it's become a bigger factor in my life over recent decades.

Some of my family live across Canada, and for them what happens in Canada is what is important now.

It's just a different outlook I guess.

kabayiri

Arklight wrote: »

...
One of the things I find literally depressing about this country is the assumption that you can't expect anything better of people other than for them to act to the advantage of their own greed, and that the rich have to be given a free pass to do so because if it's suggested to them that they might possibly have a responsibility to those less well of than them, they will all leave.
...

Admirable...honestly.

But you discover this now?

Where have you been over the Thatcher years; the Tory domination in the '90s; the middle/right Labour years; and the middle/right coallition era now.

It's all been about personal over collective. I know a freelancer who considers herself a new age socialist, but at the last count she had a dozen BTL properties. I don't think she gets the irony.

It's globalization which has given the rich much of their wealth and power, and yet this is celebrated on these forums. Confusing.

A_Medium_Size_Jock

Herzlos wrote: »

How much do 9000 bankers add to the economy and how many unemployed people do we need to turn into artisinal cheese producers to recoup that loss?
You keep writing off any Brexit losses as "not that many" but I've yet to see any hint of what we're meant to be replacing them with. Sure, it's only 9,000 out of 140,000, but that's another million in annual tax take, another 9000 London properties being sold/rented out, another 28,0000 less people spending money in London (assuming average of 2 kids, presumably wife + kids would also move to EU). 18,000 less cars being bought/leased/taxed/fueled and so on.

If we were talking about 1 bank moving 2 or 3 employees I'd agree with you that it's no big deal, but we're talking about dozens of banks talking about moving thouasands of jobs a piece, with nothing of that magnitude likely to fill the void.

How many jobs do we need to give away to Europe before you go "actually, this could be a bad idea?" All 140,000 bankers? The likely 100,000 tertiary jobs? All of the car manufacturing jobs? There must be a line somewhere, right?

You persist in your perceived doom and gloom despite the previous posts and words of others?
Increased UK trading for "Dim Sum" etc; how many jobs were lost in the GFC yet no outrage; etc. etc. etc.

Sorry to disillusion you yet again but not all is doom and gloom.
For example, is a deal with Swiss banks on the cards?

Boris Collardi, chief executive at Julius Baer, Switzerland's third-biggest private bank behind UBS (UBSG.S) and Credit Suisse (CSGN.S), said Brexit could be a catalyst for deal covering Swiss and UK financials firms.

http://uk.reuters.com/article/us-britain-eu-swiss-banks-idUKKBN187136



Outwith the financial sector, I see that the British aerospace industry is booming - and predicted to expand further.
These will not be minimum-wage jobs.

Continued growth in air travel, particularly in emerging economies, as well as demand for hi-tech parts for spacecraft, rockets and satellites is set to fuel growth in the sector. The UK is the second-largest aerospace manufacturer in the world, behind the US, and fourth-largest aerospace exporter. The industry specialises predominantly in engines and parts of aircraft, which account for 79 per cent of all exports.
The sector is highly export-intensive with 53 per cent of Gross Value Added travelling overseas – the highest of any UK manufacturing sector – worth £28.4 billion in 2016.

http://www.bmmagazine.co.uk/news/uks-booming-aerospace-industry-expand-due-strong-global-opportunities/

There, will that start to make up for your tears of panic?

gfplux

More lost Uni job.
150 people/family's
10 months ago I warned that Brexit might effect U.K. Universities, sadly it looks to be coming true.
http://www.dailypost.co.uk/business/business-news/aberystwyth-university-offering-staff-voluntary-13009928

"Aberystwyth university has written to all members of staff with a request for voluntary redundancies according to the Unison union.

It is understood that up to 150 jobs are at risk as the university aims to save £11m over the next two years.

The university blamed competition for students, a drop in numbers of 18 year olds and the affect of Brexit."

kabayiri

What's happened with Universities is complex. There has been a new business model associated with large scale growth.

H.E is a volume product now, and the Universities are acutely aware they are competing with each other.

There will definitely be more shake out in this marketplace. This would happen inside or outside the EU.

It might be a good thing. I want to see a future Keele or Hull rise up and challenge the established higher order. If that means Manchester or Bristol lose out then so be it.

gfplux

This is not good news.

http://www.independent.co.uk/news/business/news/brexit-latest-news-foreign-tech-job-applications-half-50-per-cent-eu-referendum-vote-a7728776.html

"A Brexit brain drain is already threatening the UK tech sector which heavily relies on foreign talent from both the EU and the rest of the world, according to a new report.

Research by career website Hired reveals that the pool of overseas candidates who had accepted initial offers from UK-based companies has dropped by 50 per cent since the UK voted to leave the EU in June last year..

Conrad

Arklight wrote: »

It is possible to want to do well yourself while still having a social conscience and caring about other people.

Dear oh dear. Do you not see how embarrassing competitive compassion is these days? SJW's seek the approval of others in order to gain compassion status points - it's a form of self serving greed.


People see right through it and I can assure you your seeking to place your own morality above others is counter productive.


Conservatives don't go in for simplistic emotional populism. Anyone can spray money around - the easiest political stance to adopt.


Howz socialist Scotland doing these days in terms of growth and health and educational outcomes?

Conrad

gfplux wrote: »

This is not good news.

http://www.independent.co.uk/news/business/news/brexit-latest-news-foreign-tech-job-applications-half-50-per-cent-eu-referendum-vote-a7728776.html

"A Brexit brain drain is already threatening the UK tech sector which heavily relies on foreign talent from both the EU and the rest of the world, according to a new report.

Research by career website Hired reveals that the pool of overseas candidates who had accepted initial offers from UK-based companies has dropped by 50 per cent since the UK voted to leave the EU in June last year..

Japan, a world beater in so many tech sectors for 4 decades, yet has had a strict immigration and citizenship system.


We will have nothing as strict, I think we'll be fine you know.

We've always had brain drains, temporary shortages and then we suddenly learn for example British medical graduates had no Doctor jobs to go to in the UK quite recently.


Its called life, I do wish people would stop being so silly.

A_Medium_Size_Jock

gfplux wrote: »

This is not good news.

http://www.independent.co.uk/news/business/news/brexit-latest-news-foreign-tech-job-applications-half-50-per-cent-eu-referendum-vote-a7728776.html

"A Brexit brain drain is already threatening the UK tech sector which heavily relies on foreign talent from both the EU and the rest of the world, according to a new report.

Research by career website Hired reveals that the pool of overseas candidates who had accepted initial offers from UK-based companies has dropped by 50 per cent since the UK voted to leave the EU in June last year..

Ah, the usual Independent anti-Brexit spin machine strikes again.
*yawn*

Since we have near-full employment (and so one assumes fewer job openings) why would that surprise?
Less jobs = less need for migrant workers, no?
Whatever the sector.

Also - Amazon are expanding R&D:

Amazon is boosting its research and development (R&D) operations in the UK with the launch of a Development Centre site in Cambridge to supplement the ones currently operating in Edinburgh and London. The 60,000 square foot centre will have capacity for over 400 employees, consisting of machine learning scientists, knowledge engineers, data scientists, mathematical modellers, speech scientists and software engineers.

http://www.silicon.co.uk/e-innovation/amazon-cambridge-development-centre-211031
Seems to me like not all tech thinks negatively if Amazon are expanding.

A_Medium_Size_Jock

gfplux wrote: »

More lost Uni job.
150 people/family's
10 months ago I warned that Brexit might effect U.K. Universities, sadly it looks to be coming true.
http://www.dailypost.co.uk/business/business-news/aberystwyth-university-offering-staff-voluntary-13009928

"Aberystwyth university has written to all members of staff with a request for voluntary redundancies according to the Unison union.

It is understood that up to 150 jobs are at risk as the university aims to save £11m over the next two years.

The university blamed competition for students, a drop in numbers of 18 year olds and the affect of Brexit."

As said earlier, some universities will no doubt be affected - others less-so.
It's not all doom & gloom though, try though you may.

Look -

Up to 300 new finance jobs are to be created in Northern Ireland at the largest education company in the world.

http://www.belfasttelegraph.co.uk/news/northern-ireland/worlds-largest-education-company-creates-jobs-boost-for-belfast-35692686.html
There, that's 300 new jobs.

Plus it's looking like 600 on the IOW:

Up to 600 jobs could be created on the Isle of Wight if a joint initiative between the Isle of Wight Council and a currently unnamed customer service and online retail support provider gets the go ahead.
This major jobs boost for the Island could come as soon as September 2017 and is part of the Isle of Wight Council’s regeneration programme. The initiative is subject to a decision of the Isle of Wight Council’s yet-to-be-announced Executive on Thursday 18th May.

http://www.islandecho.co.uk/news/major-jobs-boost-isle-wight-announced

Northern Ireland expects to create 40,000 new jobs by 2021 AND create new export orders worth £1.2 billion.:

Invest NI aims to deliver as many as 40,000 jobs by 2021.

It has published a new strategy, signed off by the Department for the Economy, which also aims to help companies win up to to £1.2bn of new export orders.

http://www.bbc.co.uk/news/uk-northern-ireland-39876260

Wales?

Three hundred jobs will be created starting from this summer at a new contact centre in Newport.

http://www.walesonline.co.uk/business/business-news/new-contact-centre-bring-300-13010292