Jump to content

So the UK is finished says Theresa Mayhem


fatshaft

Recommended Posts

31 minutes ago, Bobbie Bobster said:

It's £150m that could be used for something else, like funding economic growth that will now be missing from the UK economy.

Nothing has happened?  Really?  Tell that to Ireland's largest bank, Barclays!

6662-6785-1280x720.jpg

Or one of Ireland's largest insurers, Aviva

image.png.8fa9e7695d5e306a1ba42e58f7052898.png

 

You are confusing two things there. Shifting assets and making provision. Ireland's largest bank is still a subsidiary of Barclays PLC, headquartered in London with shareholders worldwide. The profits flow back to London. Assets can be placed anywhere and they can be moved back at anytime. They are held on behalf of clients. Again, Aviva is a UK PLC headquartered in London. When all of this has calmed down the picture will change again.

Link to comment
Share on other sites

2 minutes ago, woolley said:

You are confusing two things there. Shifting assets and making provision. Ireland's largest bank is still a subsidiary of Barclays PLC, headquartered in London with shareholders worldwide. The profits flow back to London. Assets can be placed anywhere and they can be moved back at anytime. They are held on behalf of clients. Again, Aviva is a UK PLC headquartered in London. When all of this has calmed down the picture will change again.

"City of London" which is not the same as London, an important distinction.

Quote

When all of this has calmed down...

And that will be when exactly?

Link to comment
Share on other sites

11 minutes ago, woolley said:

When all of this has calmed down the picture will change again.

All of what - I thought there was no effect on FInancial Services? :D

Of course the picture will change again.  In 10 or 20 years.  But in the meantime consider all the time, effort and money that was wasted in the soft-shoe Brexit shuffe.

  • Thanks 1
Link to comment
Share on other sites

1 hour ago, RIchard Britten said:

And these "provisions" are in place because of what event starting with "B"?

And £150 million on its own might be peanuts, but when you start adding that to the £13 billion that Natwest are moving and the £6 billion and so on and so on...

Thats a big pile of peanuts.

no legal reason to move though......so nothing to do with exit.......

it's like honda all over again........

Link to comment
Share on other sites

1 hour ago, RIchard Britten said:

But it is billions being removed from the UK...which last time I checked is a bad thing.

The mental gymnastics you keep going through to deny the on going negative effects must be draining.

and billions come in every week......

that's what happens when your the worlds no.1.......

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...