If we vote for Brexit what happens

TrickyTree83

A_Medium_Size_Jock wrote: »

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:

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.

I've always found non UK "talent" in IT to be particularly poor. Perhaps the top echelons are ok but around the middle and lower tiers I've always seen the UK counterpart out perform these people. Language is a massive barrier when business tries to communicate their needs to IT.

setmefree2

BOE/ Carney - Business Investment into the UK is holding up

Business investment is now expected to be positive this year, while policymakers more than doubled their forecast for business investment next year to 3.25pc, from a previous projection of 1.25pc.

http://www.telegraph.co.uk/business/2017/05/11/business-investment-global-recovery-will-aid-uk-growth-bank/

gfplux

Just a celebration of Luxembourg steel.
https://www.wort.lu/en/luxembourg/did-you-know-that-about-luxembourg-where-is-luxembourg-steel-used-around-the-world-5914063ca5e74263e13bf10d#

Looking forward to the congratulatory comments

setmefree2

Washington warns against EU location policy

Head of US derivatives regulator lays out impact of euro clearing decision

Washington has weighed into a dispute over the fate of one of London’s most lucrative financial businesses, warning that any EU move to require euro-denominated trading to take place within the bloc would break with international norms and could lead to US countermeasures.

Christopher Giancarlo, acting head of the US Commodity Futures Trading Commission, made clear that moves by the EU to tighten control over the clearing of derivatives trades “will undoubtedly inform the evolution of US regulatory policy”. Mr Giancarlo was responding to a discussion paper published last week by the European Commission, which is considering ways to increase the EU’s powers to supervise clearing houses based outside the bloc, and if necessary introduce a “location policy” to force them to shift activities.

Mr Giancarlo played down the need for a location policy. “To date, the US has not deemed a body of water — even as large as the Atlantic Ocean — as an impediment to effective clearing house supervision and examination,” he said. While Brussels’ potential policy shifts are not targeted at the US, Mr Giancarlo’s comments show how a location policy could raise hackles on the other side of the Atlantic and increase concern over a Balkanisation of financial markets. US regulatory officials have been steadfast in opposing any plans to relocate euro-denominated clearing, even if the US potentially stood to benefit from London business being diverted to America. They have backed banks and exchanges in warning that such a policy would make trading euro-denominated instruments more difficult and expensive. Because clearing houses act as middlemen in trades and ensure a deal is completed in the event of a default, they pose a potentially seismic threat to the financial system should they fail. Some EU politicians have argued that the status quo is unsustainable given that Britain may no longer be covered by EU rules intended to prevent crises, and that it is not clear how the Bank of England would co-operate with EU authorities.

https://www.ft.com/content/b1ddc338-3574-11e7-bce4-9023f8c0fd2e

In Sun speak

DON’T BULLY BRITAIN! US threatens financial trade war with EU over plans to cripple Brexit Britain by forcing lucrative key City business to Europe

Lawmaker says the EU should proceed with 'care' after Brussels insists euro clearing must take place within the bloc

https://www.thesun.co.uk/news/3534009/us-threatens-financial-trade-war-with-eu-over-plans-to-cripple-brexit-britain-by-forcing-lucrative-key-city-business-to-europe/

gfplux

This story is both pro and anti Brexit.

http://uk.businessinsider.com/rec-report-brexit-skills-gap-2017-5

mayonnaise

gfplux wrote: »

Just a celebration of Luxembourg steel.
https://www.wort.lu/en/luxembourg/did-you-know-that-about-luxembourg-where-is-luxembourg-steel-used-around-the-world-5914063ca5e74263e13bf10d#

Looking forward to the congratulatory comments

Congratulations, that's really good news.
Although a bit surprising that Luxembourg is able to export its steel all over the world while being tied into that ghastly EU.

setmefree2

Mr Barnier said the EU wants the negotiations with the UK to succeed.
"We will need to negotiate a 'bold and ambitious', but fair, free-trade agreement," he said.

http://www.bbc.co.uk/news/world-europe-39873618

Interesting use of language

Jan 2017 Davos

May wants 'bold and ambitious' trade deal with EU

http://www.dw.com/en/may-wants-bold-and-ambitious-trade-deal-with-eu/a-37186697

Conrad

mayonnaise wrote: »

Although a bit surprising that Luxembourg is able to export its steel all over the world while being tied into that ghastly EU.

Low corporate tax rate is a help, well done Luxembourg.

setmefree2

Yanis Varoufakis: My message to Theresa May: listen and learn from our Greek tragedy

In an open letter to the Prime Minister the former Greek finance minister says careful strategy will be needed to get any kind of Brexit deal

http://www.standard.co.uk/comment/comment/my-message-to-theresa-may-listen-and-learn-from-our-greek-tragedy-a3536551.html

Dear Mrs May
I am taking the liberty of writing to you with advice on your EU negotiating strategy stemming from my own experiences. In so doing I am running a serious risk of seeming presumptuous. Britain is, of course, not Greece. However, Brussels is Brussels, whether its functionaries are dealing with London or Athens.
Reading about the leaks that followed the famous dinner you hosted at 10 Downing Street and, soon after, hearing Michel Barnier, the EU’s chief Brexit negotiator, outline his negotiating brief brought back awful memories and confirmed that they have already begun deploying the same sinister tactics against you that they used against me and the government I served in.

I shall look out for this one

Meanwhile, the leaks about your ministers’ “lack of preparedness” will be flooding out of the meeting rooms as part of a propaganda war of attrition.

JFK once said: “Let us never negotiate out of fear. But let us never fear to negotiate.” In a Europe indisposed to genuine negotiations, never fear to walk away from their phoney negotiations.
With best wishes,
Yanis Varoufakis

Conrad

setmefree2 wrote: »

Mr Barnier said the EU wants the negotiations with the UK to succeed.

"We will need to negotiate a 'bold and ambitious', but fair, free-trade agreement," he said.

But, but but they don't need us, our trade is piffling, why would they ever give us a free trade deal - one cannot have benefits without being in the club


I think your post is about the most important so far