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So the UK is finished says Theresa Mayhem


fatshaft

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18 minutes ago, woody2 said:

canada doesn't pay for access to the single market or have to live under the ecj, yet both the eu and remainers say we do......

#bullshit

The Canada deal is very limited in many areas. And certainly doesn't represent the sort of comprehensive arrangement which will be needed to prevent an exodus from the City. The City is the UK’s main business, the largest source of tax revenues and investment.

Being in EU but not being part of the € was the sweetspot. The best of both worlds (& Protocol 3 for the IOM). Any other arrangement will inevitably be inferior.

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6 minutes ago, pongo said:

The Canada deal is very limited in many areas. And certainly doesn't represent the sort of comprehensive arrangement which will be needed to prevent an exodus from the City. The City is the UK’s main business, the largest source of tax revenues and investment.

Being in EU but not being part of the € was the sweetspot. The best of both worlds (& Protocol 3 for the IOM). Any other arrangement will inevitably be inferior.

#fakenews:rolleyes:

the fact is it is possible unless you listen to a remainer....

as for passporting which london city finance business doesn't already have a office in another eu country......

the days of staff needing to be in a certain town are well gone....

in fact it looks like it will bring more jobs to the uk as many eu based finance houses don't have a base in the uk:lol:

win win......

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50 minutes ago, woody2 said:

as for passporting which london city finance business doesn't already have a office in another eu country......

The realistic chances of retaining passporting faded ages ago. Everyone knows that isn’t going to happen. The hope over the past year or so has been for ‘equivalence’. But that depends on a good bespoke deal. And the EU has no particular real reason to offer favourable conditions - the main EU countries can probably do just as well simply taking that business for themselves.

You’ll be looking at companies moving much of their business out of London. Maybe they keep an office open but with a significantly reduced staff. There isn’t actually much reason to be based in the UK post Brexit.

Many of those behind Brexit understand the markets well. But they do not care where those markets are based.

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2 minutes ago, pongo said:

The realistic chances of retaining passporting faded ages ago. Everyone knows that isn’t going to happen. The hope over the past year or so has been for ‘equivalence’. But that depends on a good bespoke deal. And the EU has no particular real reason to offer favourable conditions - the main EU countries can probably do just as well simply taking that business for themselves.

You’ll be looking at companies moving much of their business out of London. Maybe the keep an office open but with a significantly reduced staff. There isn’t actually much reason to be based in the UK post Brexit.

Many of those behind Brexit understand the markets well. But they do not care where those markets are based.

#fakenews

no reason to move any staff as already stated, your living in the past.....

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6 minutes ago, woody2 said:

#fakenews

no reason to move any staff as already stated, your living in the past.....

^ This is man who predicted that Trump would give Britain favourable conditions - just before the Department of Commerce dumped on Bombardier.

 

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1 hour ago, RIchard Britten said:

Which news source should we believe?

 

None of them. Read, listen, inwardly digest, comprehend and compare what you are being told by conflicting interests and agendas, and then use the intelligence you were born with to produce a considered view based on the evidence.

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