BREXIT - Is This Really Still Rumbling On? 😴
Comments
-
I didn't say whosungod wrote:
"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
0
-
Stevo 666 wrote:Rick, this may be relevant to you and a few others on here
http://www.independent.co.uk/voices/boris-johnson-liberals-no-deal-brexit-hard-left-a9046976.html
I presume the author realises that there is a similar effect when the right talks about how terrible things would be under Corbyn.You live and learn. At any rate, you live0 -
Maybe, but it is still relevant hereJez mon wrote:Stevo 666 wrote:Rick, this may be relevant to you and a few others on here
http://www.independent.co.uk/voices/boris-johnson-liberals-no-deal-brexit-hard-left-a9046976.html
I presume the author realises that there is a similar effect when the right talks about how terrible things would be under Corbyn. "I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
The big boys have. Not sure about the rest.Rick Chasey wrote:Stevo 666 wrote:
I made the point before that access to the London financial markets is something that EU institutions will need. It gives us leverage when it comes to discussing our services exports - if necessary.rjsterry wrote:Stevo 666 wrote:
Yes, how will all those European financial institutions keep their access to the City of London so that we can keep on importing services?rjsterry wrote:Stevo 666 wrote:It makes me wonder how on earth we manage to import any food from non-EU countries - which is approx 20% of all food consumed in the UK (50% is UK sourced and 30% comes from the EU currently).
We're all guessing, really, but services, particularly financial, are likely to be a more immediate issue.
I was thinking of export, but anyway. I'm sure some work around will be found. The question is how quickly and at whose expense. Based on our progress so far: too slowly and at our expense. I think it is significant that the previous prime minister chose to resign rather than take us down that route.
Haven’t pretty much all FS firms who work with the EU set up the appropriate facilities in the EU27 already?
What financial services are so essential but will not be available in event or no deal?
True, it's not really an empty shelf situation for FS but that's not the point. Its about those EU institutions the need access to and to sell into the London financial markets. Hence the leverage."I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
Stevo 666 wrote:
The big boys have. Not sure about the rest.Rick Chasey wrote:Stevo 666 wrote:
I made the point before that access to the London financial markets is something that EU institutions will need. It gives us leverage when it comes to discussing our services exports - if necessary.rjsterry wrote:Stevo 666 wrote:
Yes, how will all those European financial institutions keep their access to the City of London so that we can keep on importing services?rjsterry wrote:Stevo 666 wrote:It makes me wonder how on earth we manage to import any food from non-EU countries - which is approx 20% of all food consumed in the UK (50% is UK sourced and 30% comes from the EU currently).
We're all guessing, really, but services, particularly financial, are likely to be a more immediate issue.
I was thinking of export, but anyway. I'm sure some work around will be found. The question is how quickly and at whose expense. Based on our progress so far: too slowly and at our expense. I think it is significant that the previous prime minister chose to resign rather than take us down that route.
Haven’t pretty much all FS firms who work with the EU set up the appropriate facilities in the EU27 already?
What financial services are so essential but will not be available in event or no deal?
True, it's not really an empty shelf situation for FS but that's not the point. Its about those EU institutions the need access to and to sell into the London financial markets. Hence the leverage.
That’s the point I’m making.
These are multinational companies who are prepared to do business in the EU27.
This not leverage.
It’s a free market. If the FS firms want to do business in the EU27, they will just relocate what’s necessary in
the EU27.
What do they need to sell in London that they now can’t sell through Dublin or Lux or Paris or Frankfurt?
Be specific.0 -
What about the leverage of undersea electricity cables from France.
Both sides have leverage. Its probably a lot quicker to move financial services than to build a new power station.You live and learn. At any rate, you live0 -
Rick Chasey wrote:What do they need to sell in London that they now can’t sell through Dublin or Lux or Paris or Frankfurt?
Be specific.
English law.0 -
and i didn't say who it was aimed atStevo 666 wrote:
my bike - faster than god's and twice as shiny0 -
And sell financial services to a very large customer base in the City/UK. Pretty obvious really.TheBigBean wrote:Rick Chasey wrote:What do they need to sell in London that they now can’t sell through Dublin or Lux or Paris or Frankfurt?
Be specific.
English law.
And if we follow Ricks logic then there wouldn't be much problem with UK firms not being able to sell in the EU, would there?
And the ability to raise capital efficiently in the world's largest capital market."I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
The UK leaving on no deal may satisfy a proportion of Leave voters, it may resolve the political pressures in the Tory party but it doesn't change in any way the fundamental issue with Brexit.
The UK cannot find a consensus on what relationship, realistically balancing rights and obligations, that it wants with the EU.“New York has the haircuts, London has the trousers, but Belfast has the reason!0 -
nope, not even a little bitStevo 666 wrote:
i just nip into the thread every so often for old time's sakemy bike - faster than god's and twice as shiny0 -
Now project fear is advocating setting up a fund to bail out companies bankrupted by Brexit.0
-
-
Rick Chasey wrote:How very socialist.
Not really, they are all private companies and there is no knowing which will qualify or how. Some good accountancy and friends in the right places..0 -
Rick Chasey wrote:How very socialist.
I thought very touching that they think a public sector organisation will be able to identify and then rectify in time.
And these are the chaps who think it is a good idea. Apparently they have a list of at risk companies. If that gets out they will be toast well before Brexit.0 -
Brown paper envelopes used to suffice in Italy.Robert88 wrote:Rick Chasey wrote:How very socialist.
Not really, they are all private companies and there is no knowing which will qualify or how. Some good accountancy and friends in the right places..
Preferably well filled ones.The above may be fact, or fiction, I may be serious, I may be jesting.
I am not sure. You have no chance.Veronese68 wrote:PB is the most sensible person on here.0 -
I wonder how long these funds will be available for ? Just long enough to distance their eventual failure from Brexit perhaps or permanent ?
It's not making brexit sound like a good idea is it ?0 -
Don't forget, there are some on here who seem to think that the public sector, like the EU, is incapable of doing wrong. So this plan must be a good thing as far as they are concerned.Surrey Commuter wrote:Rick Chasey wrote:How very socialist.
I thought very touching that they think a public sector organisation will be able to identify and then rectify in time.
And these are the chaps who think it is a good idea. Apparently they have a list of at risk companies. If that gets out they will be toast well before Brexit."I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
Stevo 666 wrote:
Don't forget, there are some on here who seem to think that the public sector, like the EU, is incapable of doing wrong. So this plan must be a good thing as far as they are concerned.Surrey Commuter wrote:Rick Chasey wrote:How very socialist.
I thought very touching that they think a public sector organisation will be able to identify and then rectify in time.
And these are the chaps who think it is a good idea. Apparently they have a list of at risk companies. If that gets out they will be toast well before Brexit.
It's always a mysterious "some on here" with these accusations, isn't it.
Anyway, I am enjoying the fact that those trying to find ways to thwart a no deal exit are being referred to as the Rebel Alliance.1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
Pinnacle Monzonite
Part of the anti-growth coalition0 -
Could go in a couple of threads but here seems most appropriate
John McTiernan on the political landscape post Brexit
https://amp.ft.com/content/3de68e8a-b9d ... ssion=true“New York has the haircuts, London has the trousers, but Belfast has the reason!0 -
It's easier than listing them outrjsterry wrote:Stevo 666 wrote:
Don't forget, there are some on here who seem to think that the public sector, like the EU, is incapable of doing wrong. So this plan must be a good thing as far as they are concerned.Surrey Commuter wrote:Rick Chasey wrote:How very socialist.
I thought very touching that they think a public sector organisation will be able to identify and then rectify in time.
And these are the chaps who think it is a good idea. Apparently they have a list of at risk companies. If that gets out they will be toast well before Brexit.
It's always a mysterious "some on here" with these accusations, isn't it.
Anyway, I am enjoying the fact that those trying to find ways to thwart a no deal exit are being referred to as the Rebel Alliance.
I guess the Rebel Alliance need to get their Remain fighters airborne before the Boris Death Star gets within range. Personally I'm hoping there is a really good twist in the story along the lines of 'Rick, I am your Father...' :P"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
I can't see Boris acknowledging one of his offspring.
Does that mean this ends with Johnson flinging Cummings down a ventilation shaft before expiring himself?1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
Pinnacle Monzonite
Part of the anti-growth coalition0 -
TheBigBean wrote:Rick Chasey wrote:What do they need to sell in London that they now can’t sell through Dublin or Lux or Paris or Frankfurt?
Be specific.
English law.
That’s not a product or a service is it?
Be specific.
As far as I can see, anything that FS firms want to on the EU will more or less continue to do so, just not in the UK.
I don’t see in practice what this “financial services” leverage which is the context in which this was brought up.0 -
-
Rick Chasey wrote:Wasn’t the Sunday Times supposed to be respectable?
On behalf of NI.
No thank you.“New York has the haircuts, London has the trousers, but Belfast has the reason!0 -
Here's a key advantage explained simply (first para after the street sign picture):Rick Chasey wrote:TheBigBean wrote:Rick Chasey wrote:What do they need to sell in London that they now can’t sell through Dublin or Lux or Paris or Frankfurt?
Be specific.
English law.
That’s not a product or a service is it?
Be specific.
As far as I can see, anything that FS firms want to on the EU will more or less continue to do so, just not in the UK.
I don’t see in practice what this “financial services” leverage which is the context in which this was brought up.
https://blogs.lse.ac.uk/brexit/2017/09/08/brexit-is-a-win-win-opportunity-for-the-city-of-london/
And here's here's bit more detail/specifics:
https://www.cogencyglobal.com/blog/the-benefits-of-choosing-english-law-in-cross-border-financial-transactions
Quite a few other references if you search. Most who know how this works seem to take it as a given that the English law framework is an advantage. Surprised you are not aware of this given that you work in the City."I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
MOS/Harry Cole with the word from the Brexit war cabinet
Including recognition the UK policy for the UK border in Ireland is unsustainableBut as ever it’s terrible news for Irish border. XO got very start warning that their plan “no checks with limited exceptions” on the border was “not sustainable” so it’s back to the table with Dublin at least
.https://twitter.com/MrHarryCole/status/ ... 84864?s=19“New York has the haircuts, London has the trousers, but Belfast has the reason!0
