Has brexit ruined city of London?

re14796

Nestl! announced proposals to move production of the iconic Blue Riband chocolate bar from the UK to Poland resulting in around 300 job losses, following increasing import costs and uncertainty over how the Government will handle Brexit.

Not the city but still job losses

phill99

re14796 wrote: »

Nestl! announced proposals to move production of the iconic Blue Riband chocolate bar from the UK to Poland resulting in around 300 job losses, following increasing import costs and uncertainty over how the Government will handle Brexit.

Not the city but still job losses

You need to wake up. My family live in York, the Home of Rowntrees (now Nestles). My Father worked in the factory. At its height, Rowntrees employed over 30000 people. Nestles took over and there has been a wholesale reduction of jobs in Nestles UK. For decades they have shifted jobs from all of their UK sites to Poland, to a point that a only handful of manufacturing staff now exist on the UK. The York factory is virtually a wasteland now, with much of the factory in ruins. Before long, the rest will go.


This has absolutely nothing to do with Brexit and has been going on since 1988. This is because Polish manufacturing costs are a fifth of what they are in the UK and Nestles approach was asset stripping and relocation of manufacturing to much cheaper plants.


So stop with your stupid and ignorant anti Brexit posts.

motorguy

re14796 wrote: »

Nestl! announced proposals to move production of the iconic Blue Riband chocolate bar from the UK to Poland resulting in around 300 job losses, following increasing import costs and uncertainty over how the Government will handle Brexit.

Not the city but still job losses

I guess you must have missed this one - Google creating 3,000 new jobs IN London

http://www.telegraph.co.uk/technology/2016/11/15/google-to-create-3000-more-uk-jobs-in-major-boost-for-london-tec/

Or this one - LIDL reaffirms commitment to the UK post Brexit by announcing a 5,000 job boost for London for its new UK headquarters?

http://www.express.co.uk/finance/city/744272/Lidl-Brexit-boost-5000-jobs-London-capital

Merryl Lynch looking for vast new headquarters in London to house 1,800 staff

http://www.telegraph.co.uk/business/2017/02/04/brexit-boost-london-bank-america-merrill-lynch-eyes-new-city/

Deutsche Bank building huge new offices in London...

https://www.hrgrapevine.com/content/article/feature-2017-03-24-revealed-deutsches-brexit-boost-for-london-and-workers-bonus-windfall

Spanish firms plan London expansion...

http://www.ibtimes.co.uk/brexit-boost-spanish-firms-unveil-plans-london-expansion-1614316

You're a "glass half empty" kind of guy arent you?

asajj

If there will be a decision from EU forcing banks to have certain tasks to be within EU borders, than City jobs will be impacted. One example is EuroClear.
Bank of America is looking for a new office or any other company is not necessarily relevant.
Those companies still have UK related jobs especially accounting type roles. Obviously, they will have staff here. Same goes for Deutsche Bank. They have British operations. Their office is for British operations. Not EU operations.
A lot of companies also started looking for offices even leased some in European cities.

Lidl jobs are supermarket jobs. No one really said they won't have stores in Britain soon either. Perhaps more budget markets will be needed in the future.

Brexit hasn't happened yet. No one knows what will happen. If there is an impact, it won't happen over the next 2 months. So it is equally funny to be glass half full guy at this point. Businesses do what their shareholders tell them to do at the end of the day.

asajj

phill99 wrote: »

You need to wake up. My family live in York, the Home of Rowntrees (now Nestles). My Father worked in the factory. At its height, Rowntrees employed over 30000 people. Nestles took over and there has been a wholesale reduction of jobs in Nestles UK. For decades they have shifted jobs from all of their UK sites to Poland, to a point that a only handful of manufacturing staff now exist on the UK. The York factory is virtually a wasteland now, with much of the factory in ruins. Before long, the rest will go.


This has absolutely nothing to do with Brexit and has been going on since 1988. This is because Polish manufacturing costs are a fifth of what they are in the UK and Nestles approach was asset stripping and relocation of manufacturing to much cheaper plants.


So stop with your stupid and ignorant anti Brexit posts.

I don't know York nor your family but many leave voters blamed manufacturing jobs leaving the country on EU. Too much for being not stupid or ignorant.

prosaver

re14796 wrote: »

Thousands of banking jobs are going. The European banking authority and the EU medicine authority are leaving.

no there not. facts please

prosaver

JJG wrote: »

European departments are leaving the UK! What a surprise!

Germany has said im sorry to the Uk brexit. As they sell more cars to the UK and lied about their admissions on pollution and the EU has let us off, without us knowing, Well we do give them lots of cash, France isnt going to complain.

Mids_Costcutter

prosaver wrote: »

no there not. facts please

http://www.bbc.co.uk/news/world-europe-39640508

prosaver

Mids_Costcutter wrote: »

http://www.bbc.co.uk/news/world-europe-39640508

1590 staff going to leave the UK
Ok err can i vote again , please

prosaver

Mids_Costcutter wrote: »

http://www.bbc.co.uk/news/world-europe-39640508

BTw said ..
remember the EURO currency debate,
when lots of companies said they were going to leave and didnt
. next question?


yawn..........