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Top banks leaving

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By *LCC OP   Couple  over a year ago

Cambridge

Yet more proof of the devastating impact Brexit will have on the UK economy as banks start to move their operations out of London.

We may not like bankers and all like to bash their bonuses, but banking (and associated services; legal, insurance etc.) are the golden goose of the British economy.

"Britain's biggest banks are preparing to move out of the UK amid growing fears over the ramifications of leaving the European Union, a top banking boss has warned.

The head of the British Bankers' Association, Anthony Browne, said "many smaller banks" are planning to move their operations overseas before Christmas."

http://news.sky.com/story/top-banks-planning-to-move-abroad-over-brexit-fears-banking-boss-10629202

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By (user no longer on site)  over a year ago


"Yet more proof of the devastating impact Brexit will have on the UK economy as banks start to move their operations out of London.

We may not like bankers and all like to bash their bonuses, but banking (and associated services; legal, insurance etc.) are the golden goose of the British economy.

"Britain's biggest banks are preparing to move out of the UK amid growing fears over the ramifications of leaving the European Union, a top banking boss has warned.

The head of the British Bankers' Association, Anthony Browne, said "many smaller banks" are planning to move their operations overseas before Christmas."

http://news.sky.com/story/top-banks-planning-to-move-abroad-over-brexit-fears-banking-boss-10629202"

Is that before WW3 starts?

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay

You are totally wasting your time, there is absolutely NO point in time where some will believe that things might just get worse financially, there could be no overseas banks left in the UK and the doubters will claim it's down to ANYTHING but Brexit.

You can bring a horse to water but you can't make it drink....

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By (user no longer on site)  over a year ago

Saw the headline......already knew who the OP would be.

May be totally correct in what you say....but it's too late. Decision has been made.

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By *LCC OP   Couple  over a year ago

Cambridge


"You are totally wasting your time, there is absolutely NO point in time where some will believe that things might just get worse financially, there could be no overseas banks left in the UK and the doubters will claim it's down to ANYTHING but Brexit.

You can bring a horse to water but you can't make it drink...."

I thought they might believe it from their bible, Sky News!

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By *LCC OP   Couple  over a year ago

Cambridge


"Saw the headline......already knew who the OP would be.

May be totally correct in what you say....but it's too late. Decision has been made."

Its still subject to legal challenge actually

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By (user no longer on site)  over a year ago


"Saw the headline......already knew who the OP would be.

May be totally correct in what you say....but it's too late. Decision has been made.

Its still subject to legal challenge actually"

no it's not

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By (user no longer on site)  over a year ago

[Removed by poster at 23/10/16 09:41:10]

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By (user no longer on site)  over a year ago


"Yet more proof of the devastating impact Brexit will have on the UK economy as banks start to move their operations out of London.

We may not like bankers and all like to bash their bonuses, but banking (and associated services; legal, insurance etc.) are the golden goose of the British economy.

"Britain's biggest banks are preparing to move out of the UK amid growing fears over the ramifications of leaving the European Union, a top banking boss has warned.

The head of the British Bankers' Association, Anthony Browne, said "many smaller banks" are planning to move their operations overseas before Christmas."

http://news.sky.com/story/top-banks-planning-to-move-abroad-over-brexit-fears-banking-boss-10629202"

lol this news was heaven to you, bet you ran all the way to your pc to quote it,

but

you missed out the words "may" "could" and "next year"

a lot could happen in a year

where they going to set up? Italy

still; thank god there are gullible people in this country that take all this to heart

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By *LCC OP   Couple  over a year ago

Cambridge


"Yet more proof of the devastating impact Brexit will have on the UK economy as banks start to move their operations out of London.

We may not like bankers and all like to bash their bonuses, but banking (and associated services; legal, insurance etc.) are the golden goose of the British economy.

"Britain's biggest banks are preparing to move out of the UK amid growing fears over the ramifications of leaving the European Union, a top banking boss has warned.

The head of the British Bankers' Association, Anthony Browne, said "many smaller banks" are planning to move their operations overseas before Christmas."

http://news.sky.com/story/top-banks-planning-to-move-abroad-over-brexit-fears-banking-boss-10629202

lol this news was heaven to you, bet you ran all the way to your pc to quote it,

but

you missed out the words "may" "could" and "next year"

a lot could happen in a year

where they going to set up? Italy

still; thank god there are gullible people in this country that take all this to heart

"

Why would I be happy about people like you forcing one of Britain's most important industries leaving the UK?

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By *LCC OP   Couple  over a year ago

Cambridge


"Saw the headline......already knew who the OP would be.

May be totally correct in what you say....but it's too late. Decision has been made.

Its still subject to legal challenge actually

no it's not"

Erm, I'm pretty sure it is

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By (user no longer on site)  over a year ago


"Saw the headline......already knew who the OP would be.

May be totally correct in what you say....but it's too late. Decision has been made.

Its still subject to legal challenge actually

no it's not

Erm, I'm pretty sure it is "

erm, I'm certain it's not. Would you care to expand/explain?

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By *LCC OP   Couple  over a year ago

Cambridge


"Saw the headline......already knew who the OP would be.

May be totally correct in what you say....but it's too late. Decision has been made.

Its still subject to legal challenge actually

no it's not

Erm, I'm pretty sure it is

erm, I'm certain it's not. Would you care to expand/explain?"

Ok, well if your certain

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By (user no longer on site)  over a year ago


"Saw the headline......already knew who the OP would be.

May be totally correct in what you say....but it's too late. Decision has been made.

Its still subject to legal challenge actually

no it's not

Erm, I'm pretty sure it is

erm, I'm certain it's not. Would you care to expand/explain?

Ok, well if your certain "

didn't think you could

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By *andS66Couple  over a year ago

Derby


"Yet more proof of the devastating impact Brexit will have on the UK economy as banks start to move their operations out of London.

We may not like bankers and all like to bash their bonuses, but banking (and associated services; legal, insurance etc.) are the golden goose of the British economy.

"Britain's biggest banks are preparing to move out of the UK amid growing fears over the ramifications of leaving the European Union, a top banking boss has warned.

The head of the British Bankers' Association, Anthony Browne, said "many smaller banks" are planning to move their operations overseas before Christmas."

http://news.sky.com/story/top-banks-planning-to-move-abroad-over-brexit-fears-banking-boss-10629202"

What's you're understanding of 'Britain's biggest banks'? HSBC, NatWest, Barclays, Santander, etc? They're going to move out of the UK are they? Disappear from the high street?

So then, proof will be known before Christmas if this is true or just yet more scaremongering. 'Many smaller banks' is more than one or two, more than 'some' and certainly more than a few,.... so shall we say 8 or more 'smaller banks' will move their operations before Christmas.

Now, pray tell us, oh great wise one, what you regard to be those smaller banks, and exactly what is meant by their 'operations'?

We saw it earlier in the year when HSBC announced they were relocating, proclaimed by remainers (you may well have been amongst them!) to be proof that Brexit was a mistake, then it came out that it was 2,000 EU banking positions moving to the EU and that it had been planned way before Brexit and announced after Brexit.

You also forget the bit in the report that Britains biggest banks are planning to move out of the UK 'IN THE FIRST FEW MONTHS NEXT YEAR'.

So by April then, we will know the truth in this, and if they haven't moved out of the UK by then we can assume that you will offer an apology.

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By *losguygl3Man  over a year ago

Gloucester

Not sure why the media made such a big deal about this. It is only confirming what the banking industry said it would do in the event of a no vote before the referendum. To be honest, with the pound being a stranded currency, I'm surprised it's taken this long to relocate to Frankfurt.

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By *LCC OP   Couple  over a year ago

Cambridge


"Yet more proof of the devastating impact Brexit will have on the UK economy as banks start to move their operations out of London.

We may not like bankers and all like to bash their bonuses, but banking (and associated services; legal, insurance etc.) are the golden goose of the British economy.

"Britain's biggest banks are preparing to move out of the UK amid growing fears over the ramifications of leaving the European Union, a top banking boss has warned.

The head of the British Bankers' Association, Anthony Browne, said "many smaller banks" are planning to move their operations overseas before Christmas."

http://news.sky.com/story/top-banks-planning-to-move-abroad-over-brexit-fears-banking-boss-10629202

What's you're understanding of 'Britain's biggest banks'? HSBC, NatWest, Barclays, Santander, etc? They're going to move out of the UK are they? Disappear from the high street?

So then, proof will be known before Christmas if this is true or just yet more scaremongering. 'Many smaller banks' is more than one or two, more than 'some' and certainly more than a few,.... so shall we say 8 or more 'smaller banks' will move their operations before Christmas.

Now, pray tell us, oh great wise one, what you regard to be those smaller banks, and exactly what is meant by their 'operations'?

We saw it earlier in the year when HSBC announced they were relocating, proclaimed by remainers (you may well have been amongst them!) to be proof that Brexit was a mistake, then it came out that it was 2,000 EU banking positions moving to the EU and that it had been planned way before Brexit and announced after Brexit.

You also forget the bit in the report that Britains biggest banks are planning to move out of the UK 'IN THE FIRST FEW MONTHS NEXT YEAR'.

So by April then, we will know the truth in this, and if they haven't moved out of the UK by then we can assume that you will offer an apology."

I think your post perfectly exposes your lack of understanding of the industry.

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By *LCC OP   Couple  over a year ago

Cambridge


"Not sure why the media made such a big deal about this. It is only confirming what the banking industry said it would do in the event of a no vote before the referendum. To be honest, with the pound being a stranded currency, I'm surprised it's taken this long to relocate to Frankfurt. "

But the leavers told us that was just project fear and wouldn't really happen.

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By (user no longer on site)  over a year ago


"Yet more proof of the devastating impact Brexit will have on the UK economy as banks start to move their operations out of London.

We may not like bankers and all like to bash their bonuses, but banking (and associated services; legal, insurance etc.) are the golden goose of the British economy.

"Britain's biggest banks are preparing to move out of the UK amid growing fears over the ramifications of leaving the European Union, a top banking boss has warned.

The head of the British Bankers' Association, Anthony Browne, said "many smaller banks" are planning to move their operations overseas before Christmas."

http://news.sky.com/story/top-banks-planning-to-move-abroad-over-brexit-fears-banking-boss-10629202"

Mr Browne is simply putting pressure on the government to protect passporting. Fair enough.

What you failed to mention, however, is his belief that an end to passporting would hurt the EU even more than us.

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By *losguygl3Man  over a year ago

Gloucester


"Not sure why the media made such a big deal about this. It is only confirming what the banking industry said it would do in the event of a no vote before the referendum. To be honest, with the pound being a stranded currency, I'm surprised it's taken this long to relocate to Frankfurt.

But the leavers told us that was just project fear and wouldn't really happen."

It's been on the cards for about a decade. The Dollar, Renminbi and the Euro are the future. More and more economies are tied to them. Nobody has looked to Sterling for about 30 years. Hopefully we can end up with one globe spanning currency. But sadly I think this may take another hundred years minimum.

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By *oo hotCouple  over a year ago

North West


"Yet more proof of the devastating impact Brexit will have on the UK economy as banks start to move their operations out of London.

We may not like bankers and all like to bash their bonuses, but banking (and associated services; legal, insurance etc.) are the golden goose of the British economy.

"Britain's biggest banks are preparing to move out of the UK amid growing fears over the ramifications of leaving the European Union, a top banking boss has warned.

The head of the British Bankers' Association, Anthony Browne, said "many smaller banks" are planning to move their operations overseas before Christmas."

http://news.sky.com/story/top-banks-planning-to-move-abroad-over-brexit-fears-banking-boss-10629202

What's you're understanding of 'Britain's biggest banks'? HSBC, NatWest, Barclays, Santander, etc? They're going to move out of the UK are they? Disappear from the high street?

So then, proof will be known before Christmas if this is true or just yet more scaremongering. 'Many smaller banks' is more than one or two, more than 'some' and certainly more than a few,.... so shall we say 8 or more 'smaller banks' will move their operations before Christmas.

Now, pray tell us, oh great wise one, what you regard to be those smaller banks, and exactly what is meant by their 'operations'?

We saw it earlier in the year when HSBC announced they were relocating, proclaimed by remainers (you may well have been amongst them!) to be proof that Brexit was a mistake, then it came out that it was 2,000 EU banking positions moving to the EU and that it had been planned way before Brexit and announced after Brexit.

You also forget the bit in the report that Britains biggest banks are planning to move out of the UK 'IN THE FIRST FEW MONTHS NEXT YEAR'.

So by April then, we will know the truth in this, and if they haven't moved out of the UK by then we can assume that you will offer an apology."

You do know that retail banking is not what is being talked about don't you?

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By *oo hotCouple  over a year ago

North West


"Saw the headline......already knew who the OP would be.

May be totally correct in what you say....but it's too late. Decision has been made.

Its still subject to legal challenge actually

no it's not"

There has been a hearing in Northern Ireland that questions the legitimacy of Brexit because it undermines a fundamental principle of the Good Friday Agreement.

This was discussed at length at the time of the case being heard and the judgement is due in early 2017.

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By *LCC OP   Couple  over a year ago

Cambridge


"Yet more proof of the devastating impact Brexit will have on the UK economy as banks start to move their operations out of London.

We may not like bankers and all like to bash their bonuses, but banking (and associated services; legal, insurance etc.) are the golden goose of the British economy.

"Britain's biggest banks are preparing to move out of the UK amid growing fears over the ramifications of leaving the European Union, a top banking boss has warned.

The head of the British Bankers' Association, Anthony Browne, said "many smaller banks" are planning to move their operations overseas before Christmas."

http://news.sky.com/story/top-banks-planning-to-move-abroad-over-brexit-fears-banking-boss-10629202

What's you're understanding of 'Britain's biggest banks'? HSBC, NatWest, Barclays, Santander, etc? They're going to move out of the UK are they? Disappear from the high street?

So then, proof will be known before Christmas if this is true or just yet more scaremongering. 'Many smaller banks' is more than one or two, more than 'some' and certainly more than a few,.... so shall we say 8 or more 'smaller banks' will move their operations before Christmas.

Now, pray tell us, oh great wise one, what you regard to be those smaller banks, and exactly what is meant by their 'operations'?

We saw it earlier in the year when HSBC announced they were relocating, proclaimed by remainers (you may well have been amongst them!) to be proof that Brexit was a mistake, then it came out that it was 2,000 EU banking positions moving to the EU and that it had been planned way before Brexit and announced after Brexit.

You also forget the bit in the report that Britains biggest banks are planning to move out of the UK 'IN THE FIRST FEW MONTHS NEXT YEAR'.

So by April then, we will know the truth in this, and if they haven't moved out of the UK by then we can assume that you will offer an apology.

You do know that retail banking is not what is being talked about don't you?"

No, they seem to think that Remainers believe that all banks will disappear and we will keep our money under the mattress. As I said, their post shows their ignorance of the topic at hand.

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By *LCC OP   Couple  over a year ago

Cambridge


"Saw the headline......already knew who the OP would be.

May be totally correct in what you say....but it's too late. Decision has been made.

Its still subject to legal challenge actually

no it's not

There has been a hearing in Northern Ireland that questions the legitimacy of Brexit because it undermines a fundamental principle of the Good Friday Agreement.

This was discussed at length at the time of the case being heard and the judgement is due in early 2017."

Shhh! CandM are certain about this, don't burst their Brexit bubble. Dont tell them about the case about if triggering article 50 can be done by royal prerogative or by an act of parliament either.

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By (user no longer on site)  over a year ago


"

Shhh! CandM are certain about this, don't burst their Brexit bubble. Dont tell them about the case about if triggering article 50 can be done by royal prerogative or by an act of parliament either. "

I was enjoying the pantomime act there.

Are we finally debating with facts? I lost hope for a while.

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By (user no longer on site)  over a year ago


"No, they seem to think that Remainers believe that all banks will disappear and we will keep our money under the mattress. As I said, their post shows their ignorance of the topic at hand. "

They'll probably think that retail banks are disappearing because of fear mongering.

The digital age is killing retail bank branches. But to compete they need to invest in IT and infrastructure.

Is it retail, commercial or investment banking that will move? Imagine the jobs they'll lose if it goes ahead.

Is it retail, business or

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By *LCC OP   Couple  over a year ago

Cambridge


"

Shhh! CandM are certain about this, don't burst their Brexit bubble. Dont tell them about the case about if triggering article 50 can be done by royal prerogative or by an act of parliament either.

I was enjoying the pantomime act there.

Are we finally debating with facts? I lost hope for a while. "

"There's a legal challenge behind you!"

"Oh no there isn't!"

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By *entaur_UKMan  over a year ago

Cannock


"Not sure why the media made such a big deal about this. It is only confirming what the banking industry said it would do in the event of a no vote before the referendum. To be honest, with the pound being a stranded currency, I'm surprised it's taken this long to relocate to Frankfurt.

But the leavers told us that was just project fear and wouldn't really happen.

It's been on the cards for about a decade. The Dollar, Renminbi and the Euro are the future. More and more economies are tied to them. Nobody has looked to Sterling for about 30 years. Hopefully we can end up with one globe spanning currency. But sadly I think this may take another hundred years minimum. "

The Euro is not the future, even it's creator and first chief economist of the European Central Bank Otmar Issing thinks that the Euro is a busted flush and it's collapse is inevitable.

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By *losguygl3Man  over a year ago

Gloucester


"Not sure why the media made such a big deal about this. It is only confirming what the banking industry said it would do in the event of a no vote before the referendum. To be honest, with the pound being a stranded currency, I'm surprised it's taken this long to relocate to Frankfurt.

But the leavers told us that was just project fear and wouldn't really happen.

It's been on the cards for about a decade. The Dollar, Renminbi and the Euro are the future. More and more economies are tied to them. Nobody has looked to Sterling for about 30 years. Hopefully we can end up with one globe spanning currency. But sadly I think this may take another hundred years minimum.

The Euro is not the future, even it's creator and first chief economist of the European Central Bank Otmar Issing thinks that the Euro is a busted flush and it's collapse is inevitable. "

Yes it's current format is dying, but it will be replaced. As will the rubbish current European institutions. They are too unwieldy now. But still think we should not only stay in but get more involved and expand it. Especially to Russia!

Really looking forward to the responses I get for this

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By *rincessvenusCouple  over a year ago

Hull

our last bank closed in our town this week what next

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By *entaur_UKMan  over a year ago

Cannock


"Yet more proof of the devastating impact Brexit will have on the UK economy as banks start to move their operations out of London.

We may not like bankers and all like to bash their bonuses, but banking (and associated services; legal, insurance etc.) are the golden goose of the British economy.

"Britain's biggest banks are preparing to move out of the UK amid growing fears over the ramifications of leaving the European Union, a top banking boss has warned.

The head of the British Bankers' Association, Anthony Browne, said "many smaller banks" are planning to move their operations overseas before Christmas."

http://news.sky.com/story/top-banks-planning-to-move-abroad-over-brexit-fears-banking-boss-10629202

What's you're understanding of 'Britain's biggest banks'? HSBC, NatWest, Barclays, Santander, etc? They're going to move out of the UK are they? Disappear from the high street?

So then, proof will be known before Christmas if this is true or just yet more scaremongering. 'Many smaller banks' is more than one or two, more than 'some' and certainly more than a few,.... so shall we say 8 or more 'smaller banks' will move their operations before Christmas.

Now, pray tell us, oh great wise one, what you regard to be those smaller banks, and exactly what is meant by their 'operations'?

We saw it earlier in the year when HSBC announced they were relocating, proclaimed by remainers (you may well have been amongst them!) to be proof that Brexit was a mistake, then it came out that it was 2,000 EU banking positions moving to the EU and that it had been planned way before Brexit and announced after Brexit.

You also forget the bit in the report that Britains biggest banks are planning to move out of the UK 'IN THE FIRST FEW MONTHS NEXT YEAR'.

So by April then, we will know the truth in this, and if they haven't moved out of the UK by then we can assume that you will offer an apology.

You do know that retail banking is not what is being talked about don't you?

No, they seem to think that Remainers believe that all banks will disappear and we will keep our money under the mattress. As I said, their post shows their ignorance of the topic at hand. "

Your OP was deliberately misleading, but it's what we have come to expect from you. You are trying to deceive people into thinking all the big banks are going to up sticks and move away from London. Simply not the case and you should have made clear in your OP this scaremongering only applies to certain aspects of banking and not all banking. HSBC already committed earlier in the year to keep its international headquarters in London even if we leave the EU. HSBC also said it "could" move 2000 investment banking staff into mainland Europe should the country vote Leave. Now the word "could" is not a definitive word, by no means at all does it mean "definitely" they will move those 2000 staff (only in your deluded little world maybe?)

Barclays also committed to stay in London, Lloyds and RBS will stay in the UK because they are UK companies and the British taxpayer own a significant amount of shares in those companies.

I'm afraid your OP is nothing more than scaremongering and it's Project Fear all over again. The banks are merely saying these things as a way to lobby the government to go for a softer Brexit, that is what it boils down to.

London is one of, if not THE banking capital of the world, the bankers know they are onto a good thing with the low regulation and business friendly set up of London, they will find it much harder going in the high regulation set up of mainland Europe. World banks like Goldman sachs are not going to give up what they have got going in London for anyone or anything.

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By *LCC OP   Couple  over a year ago

Cambridge


"Yet more proof of the devastating impact Brexit will have on the UK economy as banks start to move their operations out of London.

We may not like bankers and all like to bash their bonuses, but banking (and associated services; legal, insurance etc.) are the golden goose of the British economy.

"Britain's biggest banks are preparing to move out of the UK amid growing fears over the ramifications of leaving the European Union, a top banking boss has warned.

The head of the British Bankers' Association, Anthony Browne, said "many smaller banks" are planning to move their operations overseas before Christmas."

http://news.sky.com/story/top-banks-planning-to-move-abroad-over-brexit-fears-banking-boss-10629202

What's you're understanding of 'Britain's biggest banks'? HSBC, NatWest, Barclays, Santander, etc? They're going to move out of the UK are they? Disappear from the high street?

So then, proof will be known before Christmas if this is true or just yet more scaremongering. 'Many smaller banks' is more than one or two, more than 'some' and certainly more than a few,.... so shall we say 8 or more 'smaller banks' will move their operations before Christmas.

Now, pray tell us, oh great wise one, what you regard to be those smaller banks, and exactly what is meant by their 'operations'?

We saw it earlier in the year when HSBC announced they were relocating, proclaimed by remainers (you may well have been amongst them!) to be proof that Brexit was a mistake, then it came out that it was 2,000 EU banking positions moving to the EU and that it had been planned way before Brexit and announced after Brexit.

You also forget the bit in the report that Britains biggest banks are planning to move out of the UK 'IN THE FIRST FEW MONTHS NEXT YEAR'.

So by April then, we will know the truth in this, and if they haven't moved out of the UK by then we can assume that you will offer an apology.

You do know that retail banking is not what is being talked about don't you?

No, they seem to think that Remainers believe that all banks will disappear and we will keep our money under the mattress. As I said, their post shows their ignorance of the topic at hand.

Your OP was deliberately misleading, but it's what we have come to expect from you. You are trying to deceive people into thinking all the big banks are going to up sticks and move away from London. Simply not the case and you should have made clear in your OP this scaremongering only applies to certain aspects of banking and not all banking. HSBC already committed earlier in the year to keep its international headquarters in London even if we leave the EU. HSBC also said it "could" move 2000 investment banking staff into mainland Europe should the country vote Leave. Now the word "could" is not a definitive word, by no means at all does it mean "definitely" they will move those 2000 staff (only in your deluded little world maybe?)

Barclays also committed to stay in London, Lloyds and RBS will stay in the UK because they are UK companies and the British taxpayer own a significant amount of shares in those companies.

I'm afraid your OP is nothing more than scaremongering and it's Project Fear all over again. The banks are merely saying these things as a way to lobby the government to go for a softer Brexit, that is what it boils down to.

London is one of, if not THE banking capital of the world, the bankers know they are onto a good thing with the low regulation and business friendly set up of London, they will find it much harder going in the high regulation set up of mainland Europe. World banks like Goldman sachs are not going to give up what they have got going in London for anyone or anything.

"

Ok, Sky News is just peddling project fear.

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By (user no longer on site)  over a year ago

The bankers are just trying to get their own way, we knew before the referendum that they were threatening to do this. Imo we should change the way this happens, if they want to go, they should stop talking about it and piss off now.

They have had their own way about everything for too long now, and even when they cocked up they got the tax payers to bail them out. The Germans can bail them out next time.

The financial markets in the City of London will continue to be among the biggest and the best in the world.

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By *LCC OP   Couple  over a year ago

Cambridge


"The bankers are just trying to get their own way, we knew before the referendum that they were threatening to do this. Imo we should change the way this happens, if they want to go, they should stop talking about it and piss off now.

They have had their own way about everything for too long now, and even when they cocked up they got the tax payers to bail them out. The Germans can bail them out next time.

The financial markets in the City of London will continue to be among the biggest and the best in the world."

Not if the banks and associated services leave!

Reply privately (closed, thread got too big)

 

By (user no longer on site)  over a year ago


"The bankers are just trying to get their own way, we knew before the referendum that they were threatening to do this. Imo we should change the way this happens, if they want to go, they should stop talking about it and piss off now.

They have had their own way about everything for too long now, and even when they cocked up they got the tax payers to bail them out. The Germans can bail them out next time.

The financial markets in the City of London will continue to be among the biggest and the best in the world.

Not if the banks and associated services leave!"

The self same banks that were allowed to put us into hundreds of millions of pounds worth of debt, then got bailed out? Greedy money grubbing bastards, they cannot now be allowed to get there own way, not at any level.

Let them go, they won't be missed.

Reply privately (closed, thread got too big)

 

By *losguygl3Man  over a year ago

Gloucester


"our last bank closed in our town this week what next "

A new fangled invention called the Internet means you don't need to go to banks any more. I haven't been into mine for about 10 years. Open/close accounts online. Get loans online. Get mortgages online. Post cheques to processing centres. Statements and transfers on line

Reply privately (closed, thread got too big)

 

By *LCC OP   Couple  over a year ago

Cambridge


"The bankers are just trying to get their own way, we knew before the referendum that they were threatening to do this. Imo we should change the way this happens, if they want to go, they should stop talking about it and piss off now.

They have had their own way about everything for too long now, and even when they cocked up they got the tax payers to bail them out. The Germans can bail them out next time.

The financial markets in the City of London will continue to be among the biggest and the best in the world.

Not if the banks and associated services leave!

The self same banks that were allowed to put us into hundreds of millions of pounds worth of debt, then got bailed out? Greedy money grubbing bastards, they cannot now be allowed to get there own way, not at any level.

Let them go, they won't be missed.

"

But you just said "The financial markets in the City of London will continue to be among the biggest and the best in the world." well how will it be the biggest and the best if they all leave?

Reply privately (closed, thread got too big)

 

By *entaur_UKMan  over a year ago

Cannock


"Yet more proof of the devastating impact Brexit will have on the UK economy as banks start to move their operations out of London.

We may not like bankers and all like to bash their bonuses, but banking (and associated services; legal, insurance etc.) are the golden goose of the British economy.

"Britain's biggest banks are preparing to move out of the UK amid growing fears over the ramifications of leaving the European Union, a top banking boss has warned.

The head of the British Bankers' Association, Anthony Browne, said "many smaller banks" are planning to move their operations overseas before Christmas."

http://news.sky.com/story/top-banks-planning-to-move-abroad-over-brexit-fears-banking-boss-10629202

What's you're understanding of 'Britain's biggest banks'? HSBC, NatWest, Barclays, Santander, etc? They're going to move out of the UK are they? Disappear from the high street?

So then, proof will be known before Christmas if this is true or just yet more scaremongering. 'Many smaller banks' is more than one or two, more than 'some' and certainly more than a few,.... so shall we say 8 or more 'smaller banks' will move their operations before Christmas.

Now, pray tell us, oh great wise one, what you regard to be those smaller banks, and exactly what is meant by their 'operations'?

We saw it earlier in the year when HSBC announced they were relocating, proclaimed by remainers (you may well have been amongst them!) to be proof that Brexit was a mistake, then it came out that it was 2,000 EU banking positions moving to the EU and that it had been planned way before Brexit and announced after Brexit.

You also forget the bit in the report that Britains biggest banks are planning to move out of the UK 'IN THE FIRST FEW MONTHS NEXT YEAR'.

So by April then, we will know the truth in this, and if they haven't moved out of the UK by then we can assume that you will offer an apology.

You do know that retail banking is not what is being talked about don't you?

No, they seem to think that Remainers believe that all banks will disappear and we will keep our money under the mattress. As I said, their post shows their ignorance of the topic at hand.

Your OP was deliberately misleading, but it's what we have come to expect from you. You are trying to deceive people into thinking all the big banks are going to up sticks and move away from London. Simply not the case and you should have made clear in your OP this scaremongering only applies to certain aspects of banking and not all banking. HSBC already committed earlier in the year to keep its international headquarters in London even if we leave the EU. HSBC also said it "could" move 2000 investment banking staff into mainland Europe should the country vote Leave. Now the word "could" is not a definitive word, by no means at all does it mean "definitely" they will move those 2000 staff (only in your deluded little world maybe?)

Barclays also committed to stay in London, Lloyds and RBS will stay in the UK because they are UK companies and the British taxpayer own a significant amount of shares in those companies.

I'm afraid your OP is nothing more than scaremongering and it's Project Fear all over again. The banks are merely saying these things as a way to lobby the government to go for a softer Brexit, that is what it boils down to.

London is one of, if not THE banking capital of the world, the bankers know they are onto a good thing with the low regulation and business friendly set up of London, they will find it much harder going in the high regulation set up of mainland Europe. World banks like Goldman sachs are not going to give up what they have got going in London for anyone or anything.

Ok, Sky News is just peddling project fear. "

Well they did during the referendum so why not again?

Reply privately (closed, thread got too big)

 

By *entaur_UKMan  over a year ago

Cannock


"The bankers are just trying to get their own way, we knew before the referendum that they were threatening to do this. Imo we should change the way this happens, if they want to go, they should stop talking about it and piss off now.

They have had their own way about everything for too long now, and even when they cocked up they got the tax payers to bail them out. The Germans can bail them out next time.

The financial markets in the City of London will continue to be among the biggest and the best in the world.

Not if the banks and associated services leave!

The self same banks that were allowed to put us into hundreds of millions of pounds worth of debt, then got bailed out? Greedy money grubbing bastards, they cannot now be allowed to get there own way, not at any level.

Let them go, they won't be missed.

"

Public opinion of bankers is very low following what happened in 2008, I don't think bankers are going to get any support from the general population.

Reply privately (closed, thread got too big)

 

By (user no longer on site)  over a year ago


"Saw the headline......already knew who the OP would be.

May be totally correct in what you say....but it's too late. Decision has been made.

Its still subject to legal challenge actually

no it's not

There has been a hearing in Northern Ireland that questions the legitimacy of Brexit because it undermines a fundamental principle of the Good Friday Agreement.

This was discussed at length at the time of the case being heard and the judgement is due in early 2017.

Shhh! CandM are certain about this, don't burst their Brexit bubble. Dont tell them about the case about if triggering article 50 can be done by royal prerogative or by an act of parliament either. "

which is nothing to do with whether we leave the EU or not. As the gentleman said, the decision has been made

Reply privately (closed, thread got too big)

 

By (user no longer on site)  over a year ago


"The bankers are just trying to get their own way, we knew before the referendum that they were threatening to do this. Imo we should change the way this happens, if they want to go, they should stop talking about it and piss off now.

They have had their own way about everything for too long now, and even when they cocked up they got the tax payers to bail them out. The Germans can bail them out next time.

The financial markets in the City of London will continue to be among the biggest and the best in the world.

Not if the banks and associated services leave!

The self same banks that were allowed to put us into hundreds of millions of pounds worth of debt, then got bailed out? Greedy money grubbing bastards, they cannot now be allowed to get there own way, not at any level.

Let them go, they won't be missed.

But you just said "The financial markets in the City of London will continue to be among the biggest and the best in the world." well how will it be the biggest and the best if they all leave? "

They won't "all leave" though will they? Those who don't will do well without so much competition. I doubt Loyds TSB will be leaving, or my bank Nationwide.

Those who stay should include a "still based in Britain" jingo in their ad campaigns.

Reply privately (closed, thread got too big)

 

By *LCC OP   Couple  over a year ago

Cambridge


"The bankers are just trying to get their own way, we knew before the referendum that they were threatening to do this. Imo we should change the way this happens, if they want to go, they should stop talking about it and piss off now.

They have had their own way about everything for too long now, and even when they cocked up they got the tax payers to bail them out. The Germans can bail them out next time.

The financial markets in the City of London will continue to be among the biggest and the best in the world.

Not if the banks and associated services leave!

The self same banks that were allowed to put us into hundreds of millions of pounds worth of debt, then got bailed out? Greedy money grubbing bastards, they cannot now be allowed to get there own way, not at any level.

Let them go, they won't be missed.

But you just said "The financial markets in the City of London will continue to be among the biggest and the best in the world." well how will it be the biggest and the best if they all leave?

They won't "all leave" though will they? Those who don't will do well without so much competition. I doubt Loyds TSB will be leaving, or my bank Nationwide.

Those who stay should include a "still based in Britain" jingo in their ad campaigns. "

You dont get it either! We are not talking about retail banking, most of the banking sector is made up of banks you have never heard of, we are not talking about banks that you see on the high street.

Reply privately (closed, thread got too big)

 

By *LCC OP   Couple  over a year ago

Cambridge


"Yet more proof of the devastating impact Brexit will have on the UK economy as banks start to move their operations out of London.

We may not like bankers and all like to bash their bonuses, but banking (and associated services; legal, insurance etc.) are the golden goose of the British economy.

"Britain's biggest banks are preparing to move out of the UK amid growing fears over the ramifications of leaving the European Union, a top banking boss has warned.

The head of the British Bankers' Association, Anthony Browne, said "many smaller banks" are planning to move their operations overseas before Christmas."

http://news.sky.com/story/top-banks-planning-to-move-abroad-over-brexit-fears-banking-boss-10629202

What's you're understanding of 'Britain's biggest banks'? HSBC, NatWest, Barclays, Santander, etc? They're going to move out of the UK are they? Disappear from the high street?

So then, proof will be known before Christmas if this is true or just yet more scaremongering. 'Many smaller banks' is more than one or two, more than 'some' and certainly more than a few,.... so shall we say 8 or more 'smaller banks' will move their operations before Christmas.

Now, pray tell us, oh great wise one, what you regard to be those smaller banks, and exactly what is meant by their 'operations'?

We saw it earlier in the year when HSBC announced they were relocating, proclaimed by remainers (you may well have been amongst them!) to be proof that Brexit was a mistake, then it came out that it was 2,000 EU banking positions moving to the EU and that it had been planned way before Brexit and announced after Brexit.

You also forget the bit in the report that Britains biggest banks are planning to move out of the UK 'IN THE FIRST FEW MONTHS NEXT YEAR'.

So by April then, we will know the truth in this, and if they haven't moved out of the UK by then we can assume that you will offer an apology.

You do know that retail banking is not what is being talked about don't you?

No, they seem to think that Remainers believe that all banks will disappear and we will keep our money under the mattress. As I said, their post shows their ignorance of the topic at hand.

Your OP was deliberately misleading, but it's what we have come to expect from you. You are trying to deceive people into thinking all the big banks are going to up sticks and move away from London. Simply not the case and you should have made clear in your OP this scaremongering only applies to certain aspects of banking and not all banking. HSBC already committed earlier in the year to keep its international headquarters in London even if we leave the EU. HSBC also said it "could" move 2000 investment banking staff into mainland Europe should the country vote Leave. Now the word "could" is not a definitive word, by no means at all does it mean "definitely" they will move those 2000 staff (only in your deluded little world maybe?)

Barclays also committed to stay in London, Lloyds and RBS will stay in the UK because they are UK companies and the British taxpayer own a significant amount of shares in those companies.

I'm afraid your OP is nothing more than scaremongering and it's Project Fear all over again. The banks are merely saying these things as a way to lobby the government to go for a softer Brexit, that is what it boils down to.

London is one of, if not THE banking capital of the world, the bankers know they are onto a good thing with the low regulation and business friendly set up of London, they will find it much harder going in the high regulation set up of mainland Europe. World banks like Goldman sachs are not going to give up what they have got going in London for anyone or anything.

Ok, Sky News is just peddling project fear.

Well they did during the referendum so why not again? "

Ok Centaur, just so I understand your position correctly, you agree it would be terrible for us to lose a big chunk of the banking sector, but you just don't think that it will happen?

Reply privately (closed, thread got too big)

 

By *losguygl3Man  over a year ago

Gloucester


"The bankers are just trying to get their own way, we knew before the referendum that they were threatening to do this. Imo we should change the way this happens, if they want to go, they should stop talking about it and piss off now.

They have had their own way about everything for too long now, and even when they cocked up they got the tax payers to bail them out. The Germans can bail them out next time.

The financial markets in the City of London will continue to be among the biggest and the best in the world.

Not if the banks and associated services leave!

The self same banks that were allowed to put us into hundreds of millions of pounds worth of debt, then got bailed out? Greedy money grubbing bastards, they cannot now be allowed to get there own way, not at any level.

Let them go, they won't be missed.

But you just said "The financial markets in the City of London will continue to be among the biggest and the best in the world." well how will it be the biggest and the best if they all leave?

They won't "all leave" though will they? Those who don't will do well without so much competition. I doubt Loyds TSB will be leaving, or my bank Nationwide.

Those who stay should include a "still based in Britain" jingo in their ad campaigns.

You dont get it either! We are not talking about retail banking, most of the banking sector is made up of banks you have never heard of, we are not talking about banks that you see on the high street. "

Correct

Reply privately (closed, thread got too big)

 

By (user no longer on site)  over a year ago


"Yet more proof of the devastating impact Brexit will have on the UK economy as banks start to move their operations out of London.

We may not like bankers and all like to bash their bonuses, but banking (and associated services; legal, insurance etc.) are the golden goose of the British economy.

"Britain's biggest banks are preparing to move out of the UK amid growing fears over the ramifications of leaving the European Union, a top banking boss has warned.

The head of the British Bankers' Association, Anthony Browne, said "many smaller banks" are planning to move their operations overseas before Christmas."

http://news.sky.com/story/top-banks-planning-to-move-abroad-over-brexit-fears-banking-boss-10629202

What's you're understanding of 'Britain's biggest banks'? HSBC, NatWest, Barclays, Santander, etc? They're going to move out of the UK are they? Disappear from the high street?

So then, proof will be known before Christmas if this is true or just yet more scaremongering. 'Many smaller banks' is more than one or two, more than 'some' and certainly more than a few,.... so shall we say 8 or more 'smaller banks' will move their operations before Christmas.

Now, pray tell us, oh great wise one, what you regard to be those smaller banks, and exactly what is meant by their 'operations'?

We saw it earlier in the year when HSBC announced they were relocating, proclaimed by remainers (you may well have been amongst them!) to be proof that Brexit was a mistake, then it came out that it was 2,000 EU banking positions moving to the EU and that it had been planned way before Brexit and announced after Brexit.

You also forget the bit in the report that Britains biggest banks are planning to move out of the UK 'IN THE FIRST FEW MONTHS NEXT YEAR'.

So by April then, we will know the truth in this, and if they haven't moved out of the UK by then we can assume that you will offer an apology.

You do know that retail banking is not what is being talked about don't you?

No, they seem to think that Remainers believe that all banks will disappear and we will keep our money under the mattress. As I said, their post shows their ignorance of the topic at hand.

Your OP was deliberately misleading, but it's what we have come to expect from you. You are trying to deceive people into thinking all the big banks are going to up sticks and move away from London. Simply not the case and you should have made clear in your OP this scaremongering only applies to certain aspects of banking and not all banking. HSBC already committed earlier in the year to keep its international headquarters in London even if we leave the EU. HSBC also said it "could" move 2000 investment banking staff into mainland Europe should the country vote Leave. Now the word "could" is not a definitive word, by no means at all does it mean "definitely" they will move those 2000 staff (only in your deluded little world maybe?)

Barclays also committed to stay in London, Lloyds and RBS will stay in the UK because they are UK companies and the British taxpayer own a significant amount of shares in those companies.

I'm afraid your OP is nothing more than scaremongering and it's Project Fear all over again. The banks are merely saying these things as a way to lobby the government to go for a softer Brexit, that is what it boils down to.

London is one of, if not THE banking capital of the world, the bankers know they are onto a good thing with the low regulation and business friendly set up of London, they will find it much harder going in the high regulation set up of mainland Europe. World banks like Goldman sachs are not going to give up what they have got going in London for anyone or anything.

Ok, Sky News is just peddling project fear.

Well they did during the referendum so why not again?

Ok Centaur, just so I understand your position correctly, you agree it would be terrible for us to lose a big chunk of the banking sector, but you just don't think that it will happen? "

If you had read Mr Browne's statement in full, instead of being selective about it, you might have understood that he has doubts that it will happen.

He is in any event a banking expert. You like your experts. Did he predict the banking crash?

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By *nleashedCrakenMan  over a year ago

Widnes


"You are totally wasting your time, there is absolutely NO point in time where some will believe that things might just get worse financially, there could be no overseas banks left in the UK and the doubters will claim it's down to ANYTHING but Brexit.

You can bring a horse to water but you can't make it drink...."

It's not the rampant BREXITers we're trying to convince. That bunch of lilly livered quitters gave up the future prosperity of their country and its people the moment they signed up to the UKIP/BREXIT nationalist, populist message. The only point of arguing with them is not to convince them (they are a lost cause) but to convince those less sure of the whole BREXIT project that it's bad for Britain, bad for Europe and bad for them. That argument is being made both here and in other places and it is gaining traction. As move of the adverse effects of BREXIT show through I expect this to become more and more apparent. Mean while BREXITers just try to shutdown any further discussion on the issue, call anyone who points out the problems ahead a winging, remoaning scaremonger and never actually fully address the issues raised. That's loosing then support every day. Of, course the main advocates of BREXIT will never accept they were wrong, many of them might also never believe they were wrong also. However that does not mean we should not continue to take the fight to them and hold their feet to the fire as more and more of what they said turns out to be at best unrealistic wishful thinking or, more likely, perfidious deception and lies.

Reply privately (closed, thread got too big)

 

By *entaur_UKMan  over a year ago

Cannock


"The bankers are just trying to get their own way, we knew before the referendum that they were threatening to do this. Imo we should change the way this happens, if they want to go, they should stop talking about it and piss off now.

They have had their own way about everything for too long now, and even when they cocked up they got the tax payers to bail them out. The Germans can bail them out next time.

The financial markets in the City of London will continue to be among the biggest and the best in the world.

Not if the banks and associated services leave!

The self same banks that were allowed to put us into hundreds of millions of pounds worth of debt, then got bailed out? Greedy money grubbing bastards, they cannot now be allowed to get there own way, not at any level.

Let them go, they won't be missed.

But you just said "The financial markets in the City of London will continue to be among the biggest and the best in the world." well how will it be the biggest and the best if they all leave?

They won't "all leave" though will they? Those who don't will do well without so much competition. I doubt Loyds TSB will be leaving, or my bank Nationwide.

Those who stay should include a "still based in Britain" jingo in their ad campaigns.

You dont get it either! We are not talking about retail banking, most of the banking sector is made up of banks you have never heard of, we are not talking about banks that you see on the high street. "

Say HSBC do decide to move those 2000 staff then. Most people will shrug their shoulders and say "So what".

Public opinion of bankers is low. If bankers think they can drum up public support from these threats they are very much mistaken.

Reply privately (closed, thread got too big)

 

By (user no longer on site)  over a year ago


"You are totally wasting your time, there is absolutely NO point in time where some will believe that things might just get worse financially, there could be no overseas banks left in the UK and the doubters will claim it's down to ANYTHING but Brexit.

You can bring a horse to water but you can't make it drink....

It's not the rampant BREXITers we're trying to convince. That bunch of lilly livered quitters gave up the future prosperity of their country and its people the moment they signed up to the UKIP/BREXIT nationalist, populist message. The only point of arguing with them is not to convince them (they are a lost cause) but to convince those less sure of the whole BREXIT project that it's bad for Britain, bad for Europe and bad for them. That argument is being made both here and in other places and it is gaining traction. As move of the adverse effects of BREXIT show through I expect this to become more and more apparent. Mean while BREXITers just try to shutdown any further discussion on the issue, call anyone who points out the problems ahead a winging, remoaning scaremonger and never actually fully address the issues raised. That's loosing then support every day. Of, course the main advocates of BREXIT will never accept they were wrong, many of them might also never believe they were wrong also. However that does not mean we should not continue to take the fight to them and hold their feet to the fire as more and more of what they said turns out to be at best unrealistic wishful thinking or, more likely, perfidious deception and lies."

Replace "Brexiters" with "Remainers." It works both ways, except that most Brexiters I know were a little more open-minded.

Reply privately (closed, thread got too big)

 

By *tillup4funMan  over a year ago

Wakefield


"You are totally wasting your time, there is absolutely NO point in time where some will believe that things might just get worse financially, there could be no overseas banks left in the UK and the doubters will claim it's down to ANYTHING but Brexit.

You can bring a horse to water but you can't make it drink....

It's not the rampant BREXITers we're trying to convince. That bunch of lilly livered quitters gave up the future prosperity of their country and its people the moment they signed up to the UKIP/BREXIT nationalist, populist message. The only point of arguing with them is not to convince them (they are a lost cause) but to convince those less sure of the whole BREXIT project that it's bad for Britain, bad for Europe and bad for them. That argument is being made both here and in other places and it is gaining traction. As move of the adverse effects of BREXIT show through I expect this to become more and more apparent. Mean while BREXITers just try to shutdown any further discussion on the issue, call anyone who points out the problems ahead a winging, remoaning scaremonger and never actually fully address the issues raised. That's loosing then support every day. Of, course the main advocates of BREXIT will never accept they were wrong, many of them might also never believe they were wrong also. However that does not mean we should not continue to take the fight to them and hold their feet to the fire as more and more of what they said turns out to be at best unrealistic wishful thinking or, more likely, perfidious deception and lies."

So apart from relieving some of your anger towards Brexiters what exactly is all this ranting going to get you?

No body on this forum can do ANYTHING to change the fact the UK is leaving the EU. No body on this forum is personally responsible for anything we each had a vote now its up the Government to get the best deal they can over the next 2 years after A50 is invoked.

Reply privately (closed, thread got too big)

 

By *LCC OP   Couple  over a year ago

Cambridge


"The bankers are just trying to get their own way, we knew before the referendum that they were threatening to do this. Imo we should change the way this happens, if they want to go, they should stop talking about it and piss off now.

They have had their own way about everything for too long now, and even when they cocked up they got the tax payers to bail them out. The Germans can bail them out next time.

The financial markets in the City of London will continue to be among the biggest and the best in the world.

Not if the banks and associated services leave!

The self same banks that were allowed to put us into hundreds of millions of pounds worth of debt, then got bailed out? Greedy money grubbing bastards, they cannot now be allowed to get there own way, not at any level.

Let them go, they won't be missed.

But you just said "The financial markets in the City of London will continue to be among the biggest and the best in the world." well how will it be the biggest and the best if they all leave?

They won't "all leave" though will they? Those who don't will do well without so much competition. I doubt Loyds TSB will be leaving, or my bank Nationwide.

Those who stay should include a "still based in Britain" jingo in their ad campaigns.

You dont get it either! We are not talking about retail banking, most of the banking sector is made up of banks you have never heard of, we are not talking about banks that you see on the high street.

Say HSBC do decide to move those 2000 staff then. Most people will shrug their shoulders and say "So what".

Public opinion of bankers is low. If bankers think they can drum up public support from these threats they are very much mistaken. "

Yet lose 2,000 steel workers and half the country goes nuts.

Its not the love of bankers that worries people, its the tax revenues that we will lose, you know that £66bn figure you keep on trying to dismiss, well the first million or billion has to come from somewhere.

Reply privately (closed, thread got too big)

 

By *nleashedCrakenMan  over a year ago

Widnes


"The bankers are just trying to get their own way, we knew before the referendum that they were threatening to do this. Imo we should change the way this happens, if they want to go, they should stop talking about it and piss off now.

They have had their own way about everything for too long now, and even when they cocked up they got the tax payers to bail them out. The Germans can bail them out next time.

The financial markets in the City of London will continue to be among the biggest and the best in the world.

Not if the banks and associated services leave!

The self same banks that were allowed to put us into hundreds of millions of pounds worth of debt, then got bailed out? Greedy money grubbing bastards, they cannot now be allowed to get there own way, not at any level.

Let them go, they won't be missed.

But you just said "The financial markets in the City of London will continue to be among the biggest and the best in the world." well how will it be the biggest and the best if they all leave?

They won't "all leave" though will they? Those who don't will do well without so much competition. I doubt Loyds TSB will be leaving, or my bank Nationwide.

Those who stay should include a "still based in Britain" jingo in their ad campaigns.

You dont get it either! We are not talking about retail banking, most of the banking sector is made up of banks you have never heard of, we are not talking about banks that you see on the high street.

Say HSBC do decide to move those 2000 staff then. Most people will shrug their shoulders and say "So what".

Public opinion of bankers is low. If bankers think they can drum up public support from these threats they are very much mistaken. "

Whether they have public support or not, if they do leave, or if only some leave, it's a loss of money to the British economy and a loss of tax to the nation. Non of those are good things, are they?

Reply privately (closed, thread got too big)

 

By *nleashedCrakenMan  over a year ago

Widnes


"You are totally wasting your time, there is absolutely NO point in time where some will believe that things might just get worse financially, there could be no overseas banks left in the UK and the doubters will claim it's down to ANYTHING but Brexit.

You can bring a horse to water but you can't make it drink....

It's not the rampant BREXITers we're trying to convince. That bunch of lilly livered quitters gave up the future prosperity of their country and its people the moment they signed up to the UKIP/BREXIT nationalist, populist message. The only point of arguing with them is not to convince them (they are a lost cause) but to convince those less sure of the whole BREXIT project that it's bad for Britain, bad for Europe and bad for them. That argument is being made both here and in other places and it is gaining traction. As move of the adverse effects of BREXIT show through I expect this to become more and more apparent. Mean while BREXITers just try to shutdown any further discussion on the issue, call anyone who points out the problems ahead a winging, remoaning scaremonger and never actually fully address the issues raised. That's loosing then support every day. Of, course the main advocates of BREXIT will never accept they were wrong, many of them might also never believe they were wrong also. However that does not mean we should not continue to take the fight to them and hold their feet to the fire as more and more of what they said turns out to be at best unrealistic wishful thinking or, more likely, perfidious deception and lies.

Replace "Brexiters" with "Remainers." It works both ways, except that most Brexiters I know were a little more open-minded."

Well that's not true. When asked on another thread what it would take to for a remainer to admit that BREXIT had worked and was actually good for Britain I set out exactly what it would take for me to accept that.

Maybe you, or any BREXITer, could tell us all what it would take you to admit that BREXIT is bad for Britain and we were actually better of in the EU. I suspect for many BREXITers on here nothing would convince them to say they were wrong even if they actually believed so.

But prove me wrong, please.

Reply privately (closed, thread got too big)

 

By *nleashedCrakenMan  over a year ago

Widnes


"You are totally wasting your time, there is absolutely NO point in time where some will believe that things might just get worse financially, there could be no overseas banks left in the UK and the doubters will claim it's down to ANYTHING but Brexit.

You can bring a horse to water but you can't make it drink....

It's not the rampant BREXITers we're trying to convince. That bunch of lilly livered quitters gave up the future prosperity of their country and its people the moment they signed up to the UKIP/BREXIT nationalist, populist message. The only point of arguing with them is not to convince them (they are a lost cause) but to convince those less sure of the whole BREXIT project that it's bad for Britain, bad for Europe and bad for them. That argument is being made both here and in other places and it is gaining traction. As move of the adverse effects of BREXIT show through I expect this to become more and more apparent. Mean while BREXITers just try to shutdown any further discussion on the issue, call anyone who points out the problems ahead a winging, remoaning scaremonger and never actually fully address the issues raised. That's loosing then support every day. Of, course the main advocates of BREXIT will never accept they were wrong, many of them might also never believe they were wrong also. However that does not mean we should not continue to take the fight to them and hold their feet to the fire as more and more of what they said turns out to be at best unrealistic wishful thinking or, more likely, perfidious deception and lies.

So apart from relieving some of your anger towards Brexiters what exactly is all this ranting going to get you?

No body on this forum can do ANYTHING to change the fact the UK is leaving the EU. No body on this forum is personally responsible for anything we each had a vote now its up the Government to get the best deal they can over the next 2 years after A50 is invoked."

Well this isn't the only place I argue but it's a pretty good sounding board to find out what lines of argument resinate well and which are probably more counterproductive than useful. If you really believe that there is no point in posting anything important on here it does beg the question an answer more from you than me as to why you continue to post?

Reply privately (closed, thread got too big)

 

By (user no longer on site)  over a year ago


"The bankers are just trying to get their own way, we knew before the referendum that they were threatening to do this. Imo we should change the way this happens, if they want to go, they should stop talking about it and piss off now.

They have had their own way about everything for too long now, and even when they cocked up they got the tax payers to bail them out. The Germans can bail them out next time.

The financial markets in the City of London will continue to be among the biggest and the best in the world.

Not if the banks and associated services leave!

The self same banks that were allowed to put us into hundreds of millions of pounds worth of debt, then got bailed out? Greedy money grubbing bastards, they cannot now be allowed to get there own way, not at any level.

Let them go, they won't be missed.

But you just said "The financial markets in the City of London will continue to be among the biggest and the best in the world." well how will it be the biggest and the best if they all leave?

They won't "all leave" though will they? Those who don't will do well without so much competition. I doubt Loyds TSB will be leaving, or my bank Nationwide.

Those who stay should include a "still based in Britain" jingo in their ad campaigns.

You dont get it either! We are not talking about retail banking, most of the banking sector is made up of banks you have never heard of, we are not talking about banks that you see on the high street.

Say HSBC do decide to move those 2000 staff then. Most people will shrug their shoulders and say "So what".

Public opinion of bankers is low. If bankers think they can drum up public support from these threats they are very much mistaken.

Yet lose 2,000 steel workers and half the country goes nuts.

Its not the love of bankers that worries people, its the tax revenues that we will lose, you know that £66bn figure you keep on trying to dismiss, well the first million or billion has to come from somewhere."

I smell snobbery, of course we would stick up for the steelworkers over bankers any day.

I wonder how many of these big banks actually pay tax here, I would wager that they all have their money stashed offshore or in one of the "tax havens."

I still say that they can all fuck off as far as I'm concerned.

Reply privately (closed, thread got too big)

 

By (user no longer on site)  over a year ago


"You are totally wasting your time, there is absolutely NO point in time where some will believe that things might just get worse financially, there could be no overseas banks left in the UK and the doubters will claim it's down to ANYTHING but Brexit.

You can bring a horse to water but you can't make it drink....

It's not the rampant BREXITers we're trying to convince. That bunch of lilly livered quitters gave up the future prosperity of their country and its people the moment they signed up to the UKIP/BREXIT nationalist, populist message. The only point of arguing with them is not to convince them (they are a lost cause) but to convince those less sure of the whole BREXIT project that it's bad for Britain, bad for Europe and bad for them. That argument is being made both here and in other places and it is gaining traction. As move of the adverse effects of BREXIT show through I expect this to become more and more apparent. Mean while BREXITers just try to shutdown any further discussion on the issue, call anyone who points out the problems ahead a winging, remoaning scaremonger and never actually fully address the issues raised. That's loosing then support every day. Of, course the main advocates of BREXIT will never accept they were wrong, many of them might also never believe they were wrong also. However that does not mean we should not continue to take the fight to them and hold their feet to the fire as more and more of what they said turns out to be at best unrealistic wishful thinking or, more likely, perfidious deception and lies.

Replace "Brexiters" with "Remainers." It works both ways, except that most Brexiters I know were a little more open-minded.

Well that's not true. When asked on another thread what it would take to for a remainer to admit that BREXIT had worked and was actually good for Britain I set out exactly what it would take for me to accept that.

Maybe you, or any BREXITer, could tell us all what it would take you to admit that BREXIT is bad for Britain and we were actually better of in the EU. I suspect for many BREXITers on here nothing would convince them to say they were wrong even if they actually believed so.

But prove me wrong, please."

Again, replace "Brexiters" with "Remainers."

Of course we all believe that no balance what we chose was the best option.

Your issue is that you are absolutely unable to see the validity of any counter-argument.

I can. I can see that it might be a hard path ahead. On the whole, I think I made the best choice. Not a perfect choice.

You? You seem to think that the EU is perfect. A panacea without fault or problem and that there is no other feasible path.

Reply privately (closed, thread got too big)

 

By *nleashedCrakenMan  over a year ago

Widnes


"The bankers are just trying to get their own way, we knew before the referendum that they were threatening to do this. Imo we should change the way this happens, if they want to go, they should stop talking about it and piss off now.

They have had their own way about everything for too long now, and even when they cocked up they got the tax payers to bail them out. The Germans can bail them out next time.

The financial markets in the City of London will continue to be among the biggest and the best in the world.

Not if the banks and associated services leave!

The self same banks that were allowed to put us into hundreds of millions of pounds worth of debt, then got bailed out? Greedy money grubbing bastards, they cannot now be allowed to get there own way, not at any level.

Let them go, they won't be missed.

But you just said "The financial markets in the City of London will continue to be among the biggest and the best in the world." well how will it be the biggest and the best if they all leave?

They won't "all leave" though will they? Those who don't will do well without so much competition. I doubt Loyds TSB will be leaving, or my bank Nationwide.

Those who stay should include a "still based in Britain" jingo in their ad campaigns.

You dont get it either! We are not talking about retail banking, most of the banking sector is made up of banks you have never heard of, we are not talking about banks that you see on the high street.

Say HSBC do decide to move those 2000 staff then. Most people will shrug their shoulders and say "So what".

Public opinion of bankers is low. If bankers think they can drum up public support from these threats they are very much mistaken.

Yet lose 2,000 steel workers and half the country goes nuts.

Its not the love of bankers that worries people, its the tax revenues that we will lose, you know that £66bn figure you keep on trying to dismiss, well the first million or billion has to come from somewhere.

I smell snobbery, of course we would stick up for the steelworkers over bankers any day.

I wonder how many of these big banks actually pay tax here, I would wager that they all have their money stashed offshore or in one of the "tax havens."

I still say that they can all fuck off as far as I'm concerned. "

The financial services sector pays £1.5 billions in coronation tax, £2.2 billions in banking levies and £22 billions in PAYE each year. That's over £26,000,000,000 every year.

Reply privately (closed, thread got too big)

 

By *entaur_UKMan  over a year ago

Cannock


"You are totally wasting your time, there is absolutely NO point in time where some will believe that things might just get worse financially, there could be no overseas banks left in the UK and the doubters will claim it's down to ANYTHING but Brexit.

You can bring a horse to water but you can't make it drink....

It's not the rampant BREXITers we're trying to convince. That bunch of lilly livered quitters gave up the future prosperity of their country and its people the moment they signed up to the UKIP/BREXIT nationalist, populist message. The only point of arguing with them is not to convince them (they are a lost cause) but to convince those less sure of the whole BREXIT project that it's bad for Britain, bad for Europe and bad for them. That argument is being made both here and in other places and it is gaining traction. As move of the adverse effects of BREXIT show through I expect this to become more and more apparent. Mean while BREXITers just try to shutdown any further discussion on the issue, call anyone who points out the problems ahead a winging, remoaning scaremonger and never actually fully address the issues raised. That's loosing then support every day. Of, course the main advocates of BREXIT will never accept they were wrong, many of them might also never believe they were wrong also. However that does not mean we should not continue to take the fight to them and hold their feet to the fire as more and more of what they said turns out to be at best unrealistic wishful thinking or, more likely, perfidious deception and lies.

Replace "Brexiters" with "Remainers." It works both ways, except that most Brexiters I know were a little more open-minded.

Well that's not true. When asked on another thread what it would take to for a remainer to admit that BREXIT had worked and was actually good for Britain I set out exactly what it would take for me to accept that.

Maybe you, or any BREXITer, could tell us all what it would take you to admit that BREXIT is bad for Britain and we were actually better of in the EU. I suspect for many BREXITers on here nothing would convince them to say they were wrong even if they actually believed so.

But prove me wrong, please."

You must have missed Hotlovefun's post on that other thread then, either that or you deliberately chose to skip over it?

Reply privately (closed, thread got too big)

 

By *entaur_UKMan  over a year ago

Cannock


"The bankers are just trying to get their own way, we knew before the referendum that they were threatening to do this. Imo we should change the way this happens, if they want to go, they should stop talking about it and piss off now.

They have had their own way about everything for too long now, and even when they cocked up they got the tax payers to bail them out. The Germans can bail them out next time.

The financial markets in the City of London will continue to be among the biggest and the best in the world.

Not if the banks and associated services leave!

The self same banks that were allowed to put us into hundreds of millions of pounds worth of debt, then got bailed out? Greedy money grubbing bastards, they cannot now be allowed to get there own way, not at any level.

Let them go, they won't be missed.

But you just said "The financial markets in the City of London will continue to be among the biggest and the best in the world." well how will it be the biggest and the best if they all leave?

They won't "all leave" though will they? Those who don't will do well without so much competition. I doubt Loyds TSB will be leaving, or my bank Nationwide.

Those who stay should include a "still based in Britain" jingo in their ad campaigns.

You dont get it either! We are not talking about retail banking, most of the banking sector is made up of banks you have never heard of, we are not talking about banks that you see on the high street.

Say HSBC do decide to move those 2000 staff then. Most people will shrug their shoulders and say "So what".

Public opinion of bankers is low. If bankers think they can drum up public support from these threats they are very much mistaken.

Yet lose 2,000 steel workers and half the country goes nuts.

Its not the love of bankers that worries people, its the tax revenues that we will lose, you know that £66bn figure you keep on trying to dismiss, well the first million or billion has to come from somewhere.

I smell snobbery, of course we would stick up for the steelworkers over bankers any day.

I wonder how many of these big banks actually pay tax here, I would wager that they all have their money stashed offshore or in one of the "tax havens."

I still say that they can all fuck off as far as I'm concerned.

The financial services sector pays £1.5 billions in coronation tax, £2.2 billions in banking levies and £22 billions in PAYE each year. That's over £26,000,000,000 every year. "

The reason they are able to earn that much in the first place is because of the low regulation set up of London in financial services. They simply won't have the same set up in the high regulation set up of mainland Europe.

Reply privately (closed, thread got too big)

 

By *nleashedCrakenMan  over a year ago

Widnes


"You are totally wasting your time, there is absolutely NO point in time where some will believe that things might just get worse financially, there could be no overseas banks left in the UK and the doubters will claim it's down to ANYTHING but Brexit.

You can bring a horse to water but you can't make it drink....

It's not the rampant BREXITers we're trying to convince. That bunch of lilly livered quitters gave up the future prosperity of their country and its people the moment they signed up to the UKIP/BREXIT nationalist, populist message. The only point of arguing with them is not to convince them (they are a lost cause) but to convince those less sure of the whole BREXIT project that it's bad for Britain, bad for Europe and bad for them. That argument is being made both here and in other places and it is gaining traction. As move of the adverse effects of BREXIT show through I expect this to become more and more apparent. Mean while BREXITers just try to shutdown any further discussion on the issue, call anyone who points out the problems ahead a winging, remoaning scaremonger and never actually fully address the issues raised. That's loosing then support every day. Of, course the main advocates of BREXIT will never accept they were wrong, many of them might also never believe they were wrong also. However that does not mean we should not continue to take the fight to them and hold their feet to the fire as more and more of what they said turns out to be at best unrealistic wishful thinking or, more likely, perfidious deception and lies.

Replace "Brexiters" with "Remainers." It works both ways, except that most Brexiters I know were a little more open-minded.

Well that's not true. When asked on another thread what it would take to for a remainer to admit that BREXIT had worked and was actually good for Britain I set out exactly what it would take for me to accept that.

Maybe you, or any BREXITer, could tell us all what it would take you to admit that BREXIT is bad for Britain and we were actually better of in the EU. I suspect for many BREXITers on here nothing would convince them to say they were wrong even if they actually believed so.

But prove me wrong, please.

Again, replace "Brexiters" with "Remainers."

Of course we all believe that no balance what we chose was the best option.

Your issue is that you are absolutely unable to see the validity of any counter-argument.

I can. I can see that it might be a hard path ahead. On the whole, I think I made the best choice. Not a perfect choice.

You? You seem to think that the EU is perfect. A panacea without fault or problem and that there is no other feasible path."

You never actually seem to read my posts before you reply to them. I clearly stated, when asked on another thread, exactly what it would take for me to be convinced that I was wrong and that BREXIT was in fact better for Britain than staying in the EU (try the green arrow, it was on a post yesterday). In fact if we do have a hard BREXIT I hope I am proved wrong. I would much rather be prosperous and wrong than poorer and right.

I'm still waiting for any BREXITer to say what it would take for them to admit or even question that they might be wrong.

Reply privately (closed, thread got too big)

 

By *entaur_UKMan  over a year ago

Cannock


"You are totally wasting your time, there is absolutely NO point in time where some will believe that things might just get worse financially, there could be no overseas banks left in the UK and the doubters will claim it's down to ANYTHING but Brexit.

You can bring a horse to water but you can't make it drink....

It's not the rampant BREXITers we're trying to convince. That bunch of lilly livered quitters gave up the future prosperity of their country and its people the moment they signed up to the UKIP/BREXIT nationalist, populist message. The only point of arguing with them is not to convince them (they are a lost cause) but to convince those less sure of the whole BREXIT project that it's bad for Britain, bad for Europe and bad for them. That argument is being made both here and in other places and it is gaining traction. As move of the adverse effects of BREXIT show through I expect this to become more and more apparent. Mean while BREXITers just try to shutdown any further discussion on the issue, call anyone who points out the problems ahead a winging, remoaning scaremonger and never actually fully address the issues raised. That's loosing then support every day. Of, course the main advocates of BREXIT will never accept they were wrong, many of them might also never believe they were wrong also. However that does not mean we should not continue to take the fight to them and hold their feet to the fire as more and more of what they said turns out to be at best unrealistic wishful thinking or, more likely, perfidious deception and lies.

Replace "Brexiters" with "Remainers." It works both ways, except that most Brexiters I know were a little more open-minded.

Well that's not true. When asked on another thread what it would take to for a remainer to admit that BREXIT had worked and was actually good for Britain I set out exactly what it would take for me to accept that.

Maybe you, or any BREXITer, could tell us all what it would take you to admit that BREXIT is bad for Britain and we were actually better of in the EU. I suspect for many BREXITers on here nothing would convince them to say they were wrong even if they actually believed so.

But prove me wrong, please.

Again, replace "Brexiters" with "Remainers."

Of course we all believe that no balance what we chose was the best option.

Your issue is that you are absolutely unable to see the validity of any counter-argument.

I can. I can see that it might be a hard path ahead. On the whole, I think I made the best choice. Not a perfect choice.

You? You seem to think that the EU is perfect. A panacea without fault or problem and that there is no other feasible path.

You never actually seem to read my posts before you reply to them. I clearly stated, when asked on another thread, exactly what it would take for me to be convinced that I was wrong and that BREXIT was in fact better for Britain than staying in the EU (try the green arrow, it was on a post yesterday). In fact if we do have a hard BREXIT I hope I am proved wrong. I would much rather be prosperous and wrong than poorer and right.

I'm still waiting for any BREXITer to say what it would take for them to admit or even question that they might be wrong."

Once again you seem to be skipping over posts, either by you own ineptitude or you are deliberately doing it is anyone's guess? Try reading that other thread you keep banging on about again and this time take note of Hotlovefun's posts.

Reply privately (closed, thread got too big)

 

By (user no longer on site)  over a year ago


"You are totally wasting your time, there is absolutely NO point in time where some will believe that things might just get worse financially, there could be no overseas banks left in the UK and the doubters will claim it's down to ANYTHING but Brexit.

You can bring a horse to water but you can't make it drink....

It's not the rampant BREXITers we're trying to convince. That bunch of lilly livered quitters gave up the future prosperity of their country and its people the moment they signed up to the UKIP/BREXIT nationalist, populist message. The only point of arguing with them is not to convince them (they are a lost cause) but to convince those less sure of the whole BREXIT project that it's bad for Britain, bad for Europe and bad for them. That argument is being made both here and in other places and it is gaining traction. As move of the adverse effects of BREXIT show through I expect this to become more and more apparent. Mean while BREXITers just try to shutdown any further discussion on the issue, call anyone who points out the problems ahead a winging, remoaning scaremonger and never actually fully address the issues raised. That's loosing then support every day. Of, course the main advocates of BREXIT will never accept they were wrong, many of them might also never believe they were wrong also. However that does not mean we should not continue to take the fight to them and hold their feet to the fire as more and more of what they said turns out to be at best unrealistic wishful thinking or, more likely, perfidious deception and lies.

Replace "Brexiters" with "Remainers." It works both ways, except that most Brexiters I know were a little more open-minded.

Well that's not true. When asked on another thread what it would take to for a remainer to admit that BREXIT had worked and was actually good for Britain I set out exactly what it would take for me to accept that.

Maybe you, or any BREXITer, could tell us all what it would take you to admit that BREXIT is bad for Britain and we were actually better of in the EU. I suspect for many BREXITers on here nothing would convince them to say they were wrong even if they actually believed so.

But prove me wrong, please.

Again, replace "Brexiters" with "Remainers."

Of course we all believe that no balance what we chose was the best option.

Your issue is that you are absolutely unable to see the validity of any counter-argument.

I can. I can see that it might be a hard path ahead. On the whole, I think I made the best choice. Not a perfect choice.

You? You seem to think that the EU is perfect. A panacea without fault or problem and that there is no other feasible path.

You never actually seem to read my posts before you reply to them. I clearly stated, when asked on another thread, exactly what it would take for me to be convinced that I was wrong and that BREXIT was in fact better for Britain than staying in the EU (try the green arrow, it was on a post yesterday). In fact if we do have a hard BREXIT I hope I am proved wrong. I would much rather be prosperous and wrong than poorer and right.

I'm still waiting for any BREXITer to say what it would take for them to admit or even question that they might be wrong."

Then here goes. I will accept that I was wrong to vote for Brexit when, in 10 years time, I see a prosperous and thriving EU and a poor and struggling UK.

Reply privately (closed, thread got too big)

 

By *nleashedCrakenMan  over a year ago

Widnes


"The bankers are just trying to get their own way, we knew before the referendum that they were threatening to do this. Imo we should change the way this happens, if they want to go, they should stop talking about it and piss off now.

They have had their own way about everything for too long now, and even when they cocked up they got the tax payers to bail them out. The Germans can bail them out next time.

The financial markets in the City of London will continue to be among the biggest and the best in the world.

Not if the banks and associated services leave!

The self same banks that were allowed to put us into hundreds of millions of pounds worth of debt, then got bailed out? Greedy money grubbing bastards, they cannot now be allowed to get there own way, not at any level.

Let them go, they won't be missed.

But you just said "The financial markets in the City of London will continue to be among the biggest and the best in the world." well how will it be the biggest and the best if they all leave?

They won't "all leave" though will they? Those who don't will do well without so much competition. I doubt Loyds TSB will be leaving, or my bank Nationwide.

Those who stay should include a "still based in Britain" jingo in their ad campaigns.

You dont get it either! We are not talking about retail banking, most of the banking sector is made up of banks you have never heard of, we are not talking about banks that you see on the high street.

Say HSBC do decide to move those 2000 staff then. Most people will shrug their shoulders and say "So what".

Public opinion of bankers is low. If bankers think they can drum up public support from these threats they are very much mistaken.

Yet lose 2,000 steel workers and half the country goes nuts.

Its not the love of bankers that worries people, its the tax revenues that we will lose, you know that £66bn figure you keep on trying to dismiss, well the first million or billion has to come from somewhere.

I smell snobbery, of course we would stick up for the steelworkers over bankers any day.

I wonder how many of these big banks actually pay tax here, I would wager that they all have their money stashed offshore or in one of the "tax havens."

I still say that they can all fuck off as far as I'm concerned.

The financial services sector pays £1.5 billions in coronation tax, £2.2 billions in banking levies and £22 billions in PAYE each year. That's over £26,000,000,000 every year.

The reason they are able to earn that much in the first place is because of the low regulation set up of London in financial services. They simply won't have the same set up in the high regulation set up of mainland Europe. "

You maybe right, I hope you are but the whole question only really arises at all because of BREXIT. And, whether they stay or go, if we loose passporting rights to sell services in the EU they will be worse off than now regardless.

Reply privately (closed, thread got too big)

 

By *nleashedCrakenMan  over a year ago

Widnes


"You are totally wasting your time, there is absolutely NO point in time where some will believe that things might just get worse financially, there could be no overseas banks left in the UK and the doubters will claim it's down to ANYTHING but Brexit.

You can bring a horse to water but you can't make it drink....

It's not the rampant BREXITers we're trying to convince. That bunch of lilly livered quitters gave up the future prosperity of their country and its people the moment they signed up to the UKIP/BREXIT nationalist, populist message. The only point of arguing with them is not to convince them (they are a lost cause) but to convince those less sure of the whole BREXIT project that it's bad for Britain, bad for Europe and bad for them. That argument is being made both here and in other places and it is gaining traction. As move of the adverse effects of BREXIT show through I expect this to become more and more apparent. Mean while BREXITers just try to shutdown any further discussion on the issue, call anyone who points out the problems ahead a winging, remoaning scaremonger and never actually fully address the issues raised. That's loosing then support every day. Of, course the main advocates of BREXIT will never accept they were wrong, many of them might also never believe they were wrong also. However that does not mean we should not continue to take the fight to them and hold their feet to the fire as more and more of what they said turns out to be at best unrealistic wishful thinking or, more likely, perfidious deception and lies.

Replace "Brexiters" with "Remainers." It works both ways, except that most Brexiters I know were a little more open-minded.

Well that's not true. When asked on another thread what it would take to for a remainer to admit that BREXIT had worked and was actually good for Britain I set out exactly what it would take for me to accept that.

Maybe you, or any BREXITer, could tell us all what it would take you to admit that BREXIT is bad for Britain and we were actually better of in the EU. I suspect for many BREXITers on here nothing would convince them to say they were wrong even if they actually believed so.

But prove me wrong, please.

Again, replace "Brexiters" with "Remainers."

Of course we all believe that no balance what we chose was the best option.

Your issue is that you are absolutely unable to see the validity of any counter-argument.

I can. I can see that it might be a hard path ahead. On the whole, I think I made the best choice. Not a perfect choice.

You? You seem to think that the EU is perfect. A panacea without fault or problem and that there is no other feasible path.

You never actually seem to read my posts before you reply to them. I clearly stated, when asked on another thread, exactly what it would take for me to be convinced that I was wrong and that BREXIT was in fact better for Britain than staying in the EU (try the green arrow, it was on a post yesterday). In fact if we do have a hard BREXIT I hope I am proved wrong. I would much rather be prosperous and wrong than poorer and right.

I'm still waiting for any BREXITer to say what it would take for them to admit or even question that they might be wrong.

Once again you seem to be skipping over posts, either by you own ineptitude or you are deliberately doing it is anyone's guess? Try reading that other thread you keep banging on about again and this time take note of Hotlovefun's posts. "

Not skipping it again, just hadn't read your first post yet. I'll go look now.

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By *entaur_UKMan  over a year ago

Cannock


"You are totally wasting your time, there is absolutely NO point in time where some will believe that things might just get worse financially, there could be no overseas banks left in the UK and the doubters will claim it's down to ANYTHING but Brexit.

You can bring a horse to water but you can't make it drink....

It's not the rampant BREXITers we're trying to convince. That bunch of lilly livered quitters gave up the future prosperity of their country and its people the moment they signed up to the UKIP/BREXIT nationalist, populist message. The only point of arguing with them is not to convince them (they are a lost cause) but to convince those less sure of the whole BREXIT project that it's bad for Britain, bad for Europe and bad for them. That argument is being made both here and in other places and it is gaining traction. As move of the adverse effects of BREXIT show through I expect this to become more and more apparent. Mean while BREXITers just try to shutdown any further discussion on the issue, call anyone who points out the problems ahead a winging, remoaning scaremonger and never actually fully address the issues raised. That's loosing then support every day. Of, course the main advocates of BREXIT will never accept they were wrong, many of them might also never believe they were wrong also. However that does not mean we should not continue to take the fight to them and hold their feet to the fire as more and more of what they said turns out to be at best unrealistic wishful thinking or, more likely, perfidious deception and lies.

Replace "Brexiters" with "Remainers." It works both ways, except that most Brexiters I know were a little more open-minded.

Well that's not true. When asked on another thread what it would take to for a remainer to admit that BREXIT had worked and was actually good for Britain I set out exactly what it would take for me to accept that.

Maybe you, or any BREXITer, could tell us all what it would take you to admit that BREXIT is bad for Britain and we were actually better of in the EU. I suspect for many BREXITers on here nothing would convince them to say they were wrong even if they actually believed so.

But prove me wrong, please.

Again, replace "Brexiters" with "Remainers."

Of course we all believe that no balance what we chose was the best option.

Your issue is that you are absolutely unable to see the validity of any counter-argument.

I can. I can see that it might be a hard path ahead. On the whole, I think I made the best choice. Not a perfect choice.

You? You seem to think that the EU is perfect. A panacea without fault or problem and that there is no other feasible path.

You never actually seem to read my posts before you reply to them. I clearly stated, when asked on another thread, exactly what it would take for me to be convinced that I was wrong and that BREXIT was in fact better for Britain than staying in the EU (try the green arrow, it was on a post yesterday). In fact if we do have a hard BREXIT I hope I am proved wrong. I would much rather be prosperous and wrong than poorer and right.

I'm still waiting for any BREXITer to say what it would take for them to admit or even question that they might be wrong.

Then here goes. I will accept that I was wrong to vote for Brexit when, in 10 years time, I see a prosperous and thriving EU and a poor and struggling UK."

That is exactly along the same lines of what Hotlovefun said on the other thread as it happens.

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By *entaur_UKMan  over a year ago

Cannock


"You are totally wasting your time, there is absolutely NO point in time where some will believe that things might just get worse financially, there could be no overseas banks left in the UK and the doubters will claim it's down to ANYTHING but Brexit.

You can bring a horse to water but you can't make it drink....

It's not the rampant BREXITers we're trying to convince. That bunch of lilly livered quitters gave up the future prosperity of their country and its people the moment they signed up to the UKIP/BREXIT nationalist, populist message. The only point of arguing with them is not to convince them (they are a lost cause) but to convince those less sure of the whole BREXIT project that it's bad for Britain, bad for Europe and bad for them. That argument is being made both here and in other places and it is gaining traction. As move of the adverse effects of BREXIT show through I expect this to become more and more apparent. Mean while BREXITers just try to shutdown any further discussion on the issue, call anyone who points out the problems ahead a winging, remoaning scaremonger and never actually fully address the issues raised. That's loosing then support every day. Of, course the main advocates of BREXIT will never accept they were wrong, many of them might also never believe they were wrong also. However that does not mean we should not continue to take the fight to them and hold their feet to the fire as more and more of what they said turns out to be at best unrealistic wishful thinking or, more likely, perfidious deception and lies.

So apart from relieving some of your anger towards Brexiters what exactly is all this ranting going to get you?

No body on this forum can do ANYTHING to change the fact the UK is leaving the EU. No body on this forum is personally responsible for anything we each had a vote now its up the Government to get the best deal they can over the next 2 years after A50 is invoked.

Well this isn't the only place I argue but it's a pretty good sounding board to find out what lines of argument resinate well and which are probably more counterproductive than useful. If you really believe that there is no point in posting anything important on here it does beg the question an answer more from you than me as to why you continue to post?"

By all means continue to make your case on here and in other places, fat lot of good it did you in the referendum though.

Reply privately (closed, thread got too big)

 

By *nleashedCrakenMan  over a year ago

Widnes


"30 posts in and no one has answered the question yet.

OK. I'll bite.

Bankrupt Britain and booming EU.

However don't expect me to be saying it any time soon.

So what will it take for the remainers to admit they were wrong about Brexit?

A sustained period of economic growth in the UK above the European average: Increased trade above what could have been expected had we remained; increase in individual wealth of UK citizens above that of other similar countries both in Europe and beyond; the UK moving up the table of large economies from 5th to 4th (we've currently dropped from 5th to 6th).

There may be others but that's a good starting point."

And there we have it.

But I would hope in that scenario anyone who voted BREXIT would accept they were wrong. But how about some other scenarios?

A bankrupt Britain and a prosperous EU is a pretty high bar to set. As both economies are closely link it would be almost impossible for one to go bankrupt without sending the other in the same direction. So let's get real with the scenario's shall we. Try these:-

If the the UK is not bankrupt but just remains at about where it is now whilst the EU grows.

If the UK grows but the EU grows faster.

If both the EU and the UK shrink but the UK is shrinking more quickly.

Reply privately (closed, thread got too big)

 

By (user no longer on site)  over a year ago


"30 posts in and no one has answered the question yet.

OK. I'll bite.

Bankrupt Britain and booming EU.

However don't expect me to be saying it any time soon.

So what will it take for the remainers to admit they were wrong about Brexit?

A sustained period of economic growth in the UK above the European average: Increased trade above what could have been expected had we remained; increase in individual wealth of UK citizens above that of other similar countries both in Europe and beyond; the UK moving up the table of large economies from 5th to 4th (we've currently dropped from 5th to 6th).

There may be others but that's a good starting point.

And there we have it.

But I would hope in that scenario anyone who voted BREXIT would accept they were wrong. But how about some other scenarios?

A bankrupt Britain and a prosperous EU is a pretty high bar to set. As both economies are closely link it would be almost impossible for one to go bankrupt without sending the other in the same direction. So let's get real with the scenario's shall we. Try these:-

If the the UK is not bankrupt but just remains at about where it is now whilst the EU grows.

If the UK grows but the EU grows faster.

If both the EU and the UK shrink but the UK is shrinking more quickly.

"

LOL

your still living your life to the full I see

Reply privately (closed, thread got too big)

 

By *nleashedCrakenMan  over a year ago

Widnes


"You are totally wasting your time, there is absolutely NO point in time where some will believe that things might just get worse financially, there could be no overseas banks left in the UK and the doubters will claim it's down to ANYTHING but Brexit.

You can bring a horse to water but you can't make it drink....

It's not the rampant BREXITers we're trying to convince. That bunch of lilly livered quitters gave up the future prosperity of their country and its people the moment they signed up to the UKIP/BREXIT nationalist, populist message. The only point of arguing with them is not to convince them (they are a lost cause) but to convince those less sure of the whole BREXIT project that it's bad for Britain, bad for Europe and bad for them. That argument is being made both here and in other places and it is gaining traction. As move of the adverse effects of BREXIT show through I expect this to become more and more apparent. Mean while BREXITers just try to shutdown any further discussion on the issue, call anyone who points out the problems ahead a winging, remoaning scaremonger and never actually fully address the issues raised. That's loosing then support every day. Of, course the main advocates of BREXIT will never accept they were wrong, many of them might also never believe they were wrong also. However that does not mean we should not continue to take the fight to them and hold their feet to the fire as more and more of what they said turns out to be at best unrealistic wishful thinking or, more likely, perfidious deception and lies.

So apart from relieving some of your anger towards Brexiters what exactly is all this ranting going to get you?

No body on this forum can do ANYTHING to change the fact the UK is leaving the EU. No body on this forum is personally responsible for anything we each had a vote now its up the Government to get the best deal they can over the next 2 years after A50 is invoked.

Well this isn't the only place I argue but it's a pretty good sounding board to find out what lines of argument resinate well and which are probably more counterproductive than useful. If you really believe that there is no point in posting anything important on here it does beg the question an answer more from you than me as to why you continue to post?

By all means continue to make your case on here and in other places, fat lot of good it did you in the referendum though. "

I'm forever grateful that you're the main BREXIT proponent on this forum.

Reply privately (closed, thread got too big)

 

By (user no longer on site)  over a year ago


"30 posts in and no one has answered the question yet.

OK. I'll bite.

Bankrupt Britain and booming EU.

However don't expect me to be saying it any time soon.

So what will it take for the remainers to admit they were wrong about Brexit?

A sustained period of economic growth in the UK above the European average: Increased trade above what could have been expected had we remained; increase in individual wealth of UK citizens above that of other similar countries both in Europe and beyond; the UK moving up the table of large economies from 5th to 4th (we've currently dropped from 5th to 6th).

There may be others but that's a good starting point.

And there we have it.

But I would hope in that scenario anyone who voted BREXIT would accept they were wrong. But how about some other scenarios?

A bankrupt Britain and a prosperous EU is a pretty high bar to set. As both economies are closely link it would be almost impossible for one to go bankrupt without sending the other in the same direction. So let's get real with the scenario's shall we. Try these:-

If the the UK is not bankrupt but just remains at about where it is now whilst the EU grows.

If the UK grows but the EU grows faster.

If both the EU and the UK shrink but the UK is shrinking more quickly.

"

I told you my factors for success. Pretty simple.

Reply privately (closed, thread got too big)

 

By *tillup4funMan  over a year ago

Wakefield


"You are totally wasting your time, there is absolutely NO point in time where some will believe that things might just get worse financially, there could be no overseas banks left in the UK and the doubters will claim it's down to ANYTHING but Brexit.

You can bring a horse to water but you can't make it drink....

It's not the rampant BREXITers we're trying to convince. That bunch of lilly livered quitters gave up the future prosperity of their country and its people the moment they signed up to the UKIP/BREXIT nationalist, populist message. The only point of arguing with them is not to convince them (they are a lost cause) but to convince those less sure of the whole BREXIT project that it's bad for Britain, bad for Europe and bad for them. That argument is being made both here and in other places and it is gaining traction. As move of the adverse effects of BREXIT show through I expect this to become more and more apparent. Mean while BREXITers just try to shutdown any further discussion on the issue, call anyone who points out the problems ahead a winging, remoaning scaremonger and never actually fully address the issues raised. That's loosing then support every day. Of, course the main advocates of BREXIT will never accept they were wrong, many of them might also never believe they were wrong also. However that does not mean we should not continue to take the fight to them and hold their feet to the fire as more and more of what they said turns out to be at best unrealistic wishful thinking or, more likely, perfidious deception and lies.

So apart from relieving some of your anger towards Brexiters what exactly is all this ranting going to get you?

No body on this forum can do ANYTHING to change the fact the UK is leaving the EU. No body on this forum is personally responsible for anything we each had a vote now its up the Government to get the best deal they can over the next 2 years after A50 is invoked.

Well this isn't the only place I argue but it's a pretty good sounding board to find out what lines of argument resinate well and which are probably more counterproductive than useful. If you really believe that there is no point in posting anything important on here it does beg the question an answer more from you than me as to why you continue to post?"

In the hope of a decent debate without the name calling and bitterness because the vote did,nt go your way. So maybe it is time to give up.

Reply privately (closed, thread got too big)

 

By *nleashedCrakenMan  over a year ago

Widnes


"30 posts in and no one has answered the question yet.

OK. I'll bite.

Bankrupt Britain and booming EU.

However don't expect me to be saying it any time soon.

So what will it take for the remainers to admit they were wrong about Brexit?

A sustained period of economic growth in the UK above the European average: Increased trade above what could have been expected had we remained; increase in individual wealth of UK citizens above that of other similar countries both in Europe and beyond; the UK moving up the table of large economies from 5th to 4th (we've currently dropped from 5th to 6th).

There may be others but that's a good starting point.

And there we have it.

But I would hope in that scenario anyone who voted BREXIT would accept they were wrong. But how about some other scenarios?

A bankrupt Britain and a prosperous EU is a pretty high bar to set. As both economies are closely link it would be almost impossible for one to go bankrupt without sending the other in the same direction. So let's get real with the scenario's shall we. Try these:-

If the the UK is not bankrupt but just remains at about where it is now whilst the EU grows.

If the UK grows but the EU grows faster.

If both the EU and the UK shrink but the UK is shrinking more quickly.

LOL

your still living your life to the full I see"

For someone who claims to be living their life and not to 'give a shit' about BREXIT or me you seem to be spending a lot of time posting about both. At least I'm posting about something I claim to care about.

Reply privately (closed, thread got too big)

 

By (user no longer on site)  over a year ago


"30 posts in and no one has answered the question yet.

OK. I'll bite.

Bankrupt Britain and booming EU.

However don't expect me to be saying it any time soon.

So what will it take for the remainers to admit they were wrong about Brexit?

A sustained period of economic growth in the UK above the European average: Increased trade above what could have been expected had we remained; increase in individual wealth of UK citizens above that of other similar countries both in Europe and beyond; the UK moving up the table of large economies from 5th to 4th (we've currently dropped from 5th to 6th).

There may be others but that's a good starting point.

And there we have it.

But I would hope in that scenario anyone who voted BREXIT would accept they were wrong. But how about some other scenarios?

A bankrupt Britain and a prosperous EU is a pretty high bar to set. As both economies are closely link it would be almost impossible for one to go bankrupt without sending the other in the same direction. So let's get real with the scenario's shall we. Try these:-

If the the UK is not bankrupt but just remains at about where it is now whilst the EU grows.

If the UK grows but the EU grows faster.

If both the EU and the UK shrink but the UK is shrinking more quickly.

LOL

your still living your life to the full I see

For someone who claims to be living their life and not to 'give a shit' about BREXIT or me you seem to be spending a lot of time posting about both. At least I'm posting about something I claim to care about."

I think you will find a huge difference with regards to my time stamps and yours, some people are on here 24/7

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By (user no longer on site)  over a year ago

Actually.. Seeing as big banks appear to be above the law in this country and get bailed out when they are responsible for taking bad risks, i would be muttering 'good riddence'

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By *otlovefun42Couple  over a year ago

Costa Blanca Spain...

Non story really.

If Italy's banks go broke in December (as is possible) half of the others will go down the plughole with them. There may not be many left to do a runner next year.

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By (user no longer on site)  over a year ago


"Non story really.

If Italy's banks go broke in December (as is possible) half of the others will go down the plughole with them. There may not be many left to do a runner next year."

Yep, that really is a "non-story"

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By *nleashedCrakenMan  over a year ago

Widnes


"30 posts in and no one has answered the question yet.

OK. I'll bite.

Bankrupt Britain and booming EU.

However don't expect me to be saying it any time soon.

So what will it take for the remainers to admit they were wrong about Brexit?

A sustained period of economic growth in the UK above the European average: Increased trade above what could have been expected had we remained; increase in individual wealth of UK citizens above that of other similar countries both in Europe and beyond; the UK moving up the table of large economies from 5th to 4th (we've currently dropped from 5th to 6th).

There may be others but that's a good starting point.

And there we have it.

But I would hope in that scenario anyone who voted BREXIT would accept they were wrong. But how about some other scenarios?

A bankrupt Britain and a prosperous EU is a pretty high bar to set. As both economies are closely link it would be almost impossible for one to go bankrupt without sending the other in the same direction. So let's get real with the scenario's shall we. Try these:-

If the the UK is not bankrupt but just remains at about where it is now whilst the EU grows.

If the UK grows but the EU grows faster.

If both the EU and the UK shrink but the UK is shrinking more quickly.

I told you my factors for success. Pretty simple."

Yes undead it is. Basically the only scenario in which your willing to admit that you might be wrong is in the totally unrealistic scenario of the UK going bust and the EU prospering massively but on any of the other, far more likely and possibly scenario which would convince any reasonable person that they might be wrong, you're not willing to even contemplate the possibility.

Reply privately (closed, thread got too big)

 

By (user no longer on site)  over a year ago


"30 posts in and no one has answered the question yet.

OK. I'll bite.

Bankrupt Britain and booming EU.

However don't expect me to be saying it any time soon.

So what will it take for the remainers to admit they were wrong about Brexit?

A sustained period of economic growth in the UK above the European average: Increased trade above what could have been expected had we remained; increase in individual wealth of UK citizens above that of other similar countries both in Europe and beyond; the UK moving up the table of large economies from 5th to 4th (we've currently dropped from 5th to 6th).

There may be others but that's a good starting point.

And there we have it.

But I would hope in that scenario anyone who voted BREXIT would accept they were wrong. But how about some other scenarios?

A bankrupt Britain and a prosperous EU is a pretty high bar to set. As both economies are closely link it would be almost impossible for one to go bankrupt without sending the other in the same direction. So let's get real with the scenario's shall we. Try these:-

If the the UK is not bankrupt but just remains at about where it is now whilst the EU grows.

If the UK grows but the EU grows faster.

If both the EU and the UK shrink but the UK is shrinking more quickly.

I told you my factors for success. Pretty simple.

Yes undead it is. Basically the only scenario in which your willing to admit that you might be wrong is in the totally unrealistic scenario of the UK going bust and the EU prospering massively but on any of the other, far more likely and possibly scenario which would convince any reasonable person that they might be wrong, you're not willing to even contemplate the possibility.

"

Convincing reasonable people seemed to work. Convincing unreasonable people would never work.

As I said, I had an open mind and voted to exit what I thought was an outdated and stupid philosophy.

You didn't. Fine. You have your views. I have mine.

You do persist in labelling Brexiters as stupid.

No. They have a different view of the future than you do.

Reply privately (closed, thread got too big)

 

By *nleashedCrakenMan  over a year ago

Widnes


"You are totally wasting your time, there is absolutely NO point in time where some will believe that things might just get worse financially, there could be no overseas banks left in the UK and the doubters will claim it's down to ANYTHING but Brexit.

You can bring a horse to water but you can't make it drink....

It's not the rampant BREXITers we're trying to convince. That bunch of lilly livered quitters gave up the future prosperity of their country and its people the moment they signed up to the UKIP/BREXIT nationalist, populist message. The only point of arguing with them is not to convince them (they are a lost cause) but to convince those less sure of the whole BREXIT project that it's bad for Britain, bad for Europe and bad for them. That argument is being made both here and in other places and it is gaining traction. As move of the adverse effects of BREXIT show through I expect this to become more and more apparent. Mean while BREXITers just try to shutdown any further discussion on the issue, call anyone who points out the problems ahead a winging, remoaning scaremonger and never actually fully address the issues raised. That's loosing then support every day. Of, course the main advocates of BREXIT will never accept they were wrong, many of them might also never believe they were wrong also. However that does not mean we should not continue to take the fight to them and hold their feet to the fire as more and more of what they said turns out to be at best unrealistic wishful thinking or, more likely, perfidious deception and lies.

So apart from relieving some of your anger towards Brexiters what exactly is all this ranting going to get you?

No body on this forum can do ANYTHING to change the fact the UK is leaving the EU. No body on this forum is personally responsible for anything we each had a vote now its up the Government to get the best deal they can over the next 2 years after A50 is invoked.

Well this isn't the only place I argue but it's a pretty good sounding board to find out what lines of argument resinate well and which are probably more counterproductive than useful. If you really believe that there is no point in posting anything important on here it does beg the question an answer more from you than me as to why you continue to post?

In the hope of a decent debate without the name calling and bitterness because the vote did,nt go your way. So maybe it is time to give up. "

I'll concede you that and agree that many, including myself, have let their passion get the better of them on this subject. Maybe we should all try to do better from now on.

Reply privately (closed, thread got too big)

 

By *oyce69Man  over a year ago

Driffield


"

I'll concede you that and agree that many, including myself, have let their passion get the better of them on this subject. Maybe we should all try to do better from now on."

Best post I have read in a long while, although the politics forum could be a lot quieter.

Reply privately (closed, thread got too big)

 

By *nleashedCrakenMan  over a year ago

Widnes


"30 posts in and no one has answered the question yet.

OK. I'll bite.

Bankrupt Britain and booming EU.

However don't expect me to be saying it any time soon.

So what will it take for the remainers to admit they were wrong about Brexit?

A sustained period of economic growth in the UK above the European average: Increased trade above what could have been expected had we remained; increase in individual wealth of UK citizens above that of other similar countries both in Europe and beyond; the UK moving up the table of large economies from 5th to 4th (we've currently dropped from 5th to 6th).

There may be others but that's a good starting point.

And there we have it.

But I would hope in that scenario anyone who voted BREXIT would accept they were wrong. But how about some other scenarios?

A bankrupt Britain and a prosperous EU is a pretty high bar to set. As both economies are closely link it would be almost impossible for one to go bankrupt without sending the other in the same direction. So let's get real with the scenario's shall we. Try these:-

If the the UK is not bankrupt but just remains at about where it is now whilst the EU grows.

If the UK grows but the EU grows faster.

If both the EU and the UK shrink but the UK is shrinking more quickly.

I told you my factors for success. Pretty simple.

Yes undead it is. Basically the only scenario in which your willing to admit that you might be wrong is in the totally unrealistic scenario of the UK going bust and the EU prospering massively but on any of the other, far more likely and possibly scenario which would convince any reasonable person that they might be wrong, you're not willing to even contemplate the possibility.

Convincing reasonable people seemed to work. Convincing unreasonable people would never work.

As I said, I had an open mind and voted to exit what I thought was an outdated and stupid philosophy.

You didn't. Fine. You have your views. I have mine.

You do persist in labelling Brexiters as stupid.

No. They have a different view of the future than you do."

I don't think I've called you stupid at any point. I have called some BREXITers stupid because some of them are. And yes, you could say the same about some remainders being stupid and I wouldn't disagree but I'm not going to point them out.

Whilst I would not call you stupid, as your clearly not, I don't know if you're actually a reasonable person or not but your argument, where you say you would only accept that you might have been wrong if a total unrealistic scenario is reached but refuse to say what you might think if more reasonable and realistic scenarios are reached,seems an unreasonable argument to me.

It's your argument I think is unreasonable, not necessarily you.

Reply privately (closed, thread got too big)

 

By (user no longer on site)  over a year ago


"30 posts in and no one has answered the question yet.

OK. I'll bite.

Bankrupt Britain and booming EU.

However don't expect me to be saying it any time soon.

So what will it take for the remainers to admit they were wrong about Brexit?

A sustained period of economic growth in the UK above the European average: Increased trade above what could have been expected had we remained; increase in individual wealth of UK citizens above that of other similar countries both in Europe and beyond; the UK moving up the table of large economies from 5th to 4th (we've currently dropped from 5th to 6th).

There may be others but that's a good starting point.

And there we have it.

But I would hope in that scenario anyone who voted BREXIT would accept they were wrong. But how about some other scenarios?

A bankrupt Britain and a prosperous EU is a pretty high bar to set. As both economies are closely link it would be almost impossible for one to go bankrupt without sending the other in the same direction. So let's get real with the scenario's shall we. Try these:-

If the the UK is not bankrupt but just remains at about where it is now whilst the EU grows.

If the UK grows but the EU grows faster.

If both the EU and the UK shrink but the UK is shrinking more quickly.

I told you my factors for success. Pretty simple.

Yes undead it is. Basically the only scenario in which your willing to admit that you might be wrong is in the totally unrealistic scenario of the UK going bust and the EU prospering massively but on any of the other, far more likely and possibly scenario which would convince any reasonable person that they might be wrong, you're not willing to even contemplate the possibility.

Convincing reasonable people seemed to work. Convincing unreasonable people would never work.

As I said, I had an open mind and voted to exit what I thought was an outdated and stupid philosophy.

You didn't. Fine. You have your views. I have mine.

You do persist in labelling Brexiters as stupid.

No. They have a different view of the future than you do.

I don't think I've called you stupid at any point. I have called some BREXITers stupid because some of them are. And yes, you could say the same about some remainders being stupid and I wouldn't disagree but I'm not going to point them out.

Whilst I would not call you stupid, as your clearly not, I don't know if you're actually a reasonable person or not but your argument, where you say you would only accept that you might have been wrong if a total unrealistic scenario is reached but refuse to say what you might think if more reasonable and realistic scenarios are reached,seems an unreasonable argument to me.

It's your argument I think is unreasonable, not necessarily you."

You asked what would be my verdict on a failed Brexit. You were concerned that no one had answered that.

I gave my view which I am sure would be similar to many others.

For myself, I feel that this EU environment is simply not healthy. It is a bunch of countries with different and unique needs trying to come together. It just does not work. Some need subsidising and others to pay. It just seems crap.

But I see the positives in it, it is simply that I came to the conclusion that the negatives outweighed the positives.

I don't suggest that Remainers were stupid or wrong. They just took a different overall view from me.

Reply privately (closed, thread got too big)

 

By *obka3Couple  over a year ago

bournemouth


"

You asked what would be my verdict on a failed Brexit. You were concerned that no one had answered that.

I gave my view which I am sure would be similar to many others.

For myself, I feel that this EU environment is simply not healthy. It is a bunch of countries with different and unique needs trying to come together. It just does not work. Some need subsidising and others to pay. It just seems crap.

But I see the positives in it, it is simply that I came to the conclusion that the negatives outweighed the positives.

I don't suggest that Remainers were stupid or wrong. They just took a different overall view from me."

Very similar to my view, the EU COULD have changed for the better but the bods at the top areblind to reality and IMVHO just want a super state and thats why I voted out, and sadly every statement they have made since confirms my view

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By (user no longer on site)  over a year ago

That is right, britain’s biggest banks are preparing to relocate out of the uk in the first few months of 2017 amid growing fears over the impending brexit negotiations, while smaller banks are making plans to get out before...... I dont blame them, why be in the devils hands with an uncertain future.

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By (user no longer on site)  over a year ago


"That is right, britain’s biggest banks are preparing to relocate out of the uk in the first few months of 2017 amid growing fears over the impending brexit negotiations, while smaller banks are making plans to get out before...... I dont blame them, why be in the devils hands with an uncertain future."

No, Shag, they really are not.

The spokesmen are trying to put pressure on the government. Not unusual.

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"Yet more proof of the devastating impact Brexit will have on the UK economy as banks start to move their operations out of London.

We may not like bankers and all like to bash their bonuses, but banking (and associated services; legal, insurance etc.) are the golden goose of the British economy.

"Britain's biggest banks are preparing to move out of the UK amid growing fears over the ramifications of leaving the European Union, a top banking boss has warned.

The head of the British Bankers' Association, Anthony Browne, said "many smaller banks" are planning to move their operations overseas before Christmas."

http://news.sky.com/story/top-banks-planning-to-move-abroad-over-brexit-fears-banking-boss-10629202

What's you're understanding of 'Britain's biggest banks'? HSBC, NatWest, Barclays, Santander, etc? They're going to move out of the UK are they? Disappear from the high street?

So then, proof will be known before Christmas if this is true or just yet more scaremongering. 'Many smaller banks' is more than one or two, more than 'some' and certainly more than a few,.... so shall we say 8 or more 'smaller banks' will move their operations before Christmas.

Now, pray tell us, oh great wise one, what you regard to be those smaller banks, and exactly what is meant by their 'operations'?

We saw it earlier in the year when HSBC announced they were relocating, proclaimed by remainers (you may well have been amongst them!) to be proof that Brexit was a mistake, then it came out that it was 2,000 EU banking positions moving to the EU and that it had been planned way before Brexit and announced after Brexit.

You also forget the bit in the report that Britains biggest banks are planning to move out of the UK 'IN THE FIRST FEW MONTHS NEXT YEAR'.

So by April then, we will know the truth in this, and if they haven't moved out of the UK by then we can assume that you will offer an apology."

The City of London doesn't only house British based banks, it also houses many foreign banks and insurance companies, the annual tax income into the treasury from these banks is enormous.

It's got sod all to do with the bailing out of British banks.....

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"Actually.. Seeing as big banks appear to be above the law in this country and get bailed out when they are responsible for taking bad risks, i would be muttering 'good riddence'"

Which shows you have zero knowledge of the tax income from the City of London financial sector, there are over 500 banks and clearing houses in the City of London and Canary Wharf, London is the largest financial exporter in the world......it equates to around 22% of the country's GDP.

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By *LCC OP   Couple  over a year ago

Cambridge


"Actually.. Seeing as big banks appear to be above the law in this country and get bailed out when they are responsible for taking bad risks, i would be muttering 'good riddence'

Which shows you have zero knowledge of the tax income from the City of London financial sector, there are over 500 banks and clearing houses in the City of London and Canary Wharf, London is the largest financial exporter in the world......it equates to around 22% of the country's GDP.

"

As I said in my OP, it's the UKs golden goose that people ignorant of even what it is may have slain.

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By (user no longer on site)  over a year ago


"That is right, britain’s biggest banks are preparing to relocate out of the uk in the first few months of 2017 amid growing fears over the impending brexit negotiations, while smaller banks are making plans to get out before...... I dont blame them, why be in the devils hands with an uncertain future.

No, Shag, they really are not.

The spokesmen are trying to put pressure on the government. Not unusual."

Maibe not yet, but yeah we will see what happens as noone can predict the future.

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay

UK 2015 GDP......$2.89 Trillion, with 78% coming from Services, 22% of which is from banking.

I keep hearing on here about UK manufacturing, and how the low pound boosts exports.....well less than 15% of our GDP comes through manufacturing and distribution of products, with less than half of that being exports.

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By (user no longer on site)  over a year ago


"UK 2015 GDP......$2.89 Trillion, with 78% coming from Services, 22% of which is from banking.

I keep hearing on here about UK manufacturing, and how the low pound boosts exports.....well less than 15% of our GDP comes through manufacturing and distribution of products, with less than half of that being exports."

and thats why change is needed

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"UK 2015 GDP......$2.89 Trillion, with 78% coming from Services, 22% of which is from banking.

I keep hearing on here about UK manufacturing, and how the low pound boosts exports.....well less than 15% of our GDP comes through manufacturing and distribution of products, with less than half of that being exports.

and thats why change is needed"

Change?, change in what?.....Services are the key of all major Western economies, manufacturing can never cover that loss.

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"UK 2015 GDP......$2.89 Trillion, with 78% coming from Services, 22% of which is from banking.

I keep hearing on here about UK manufacturing, and how the low pound boosts exports.....well less than 15% of our GDP comes through manufacturing and distribution of products, with less than half of that being exports.

and thats why change is needed"

Change?, change in what?.....Services are the key of all major Western economies, manufacturing can never cover that loss.

Even in Germany, the strongest manufacturing nation in Europe, where manufacturing and distribution amounts to 30% of their GDP......66% comes from services

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By (user no longer on site)  over a year ago


"UK 2015 GDP......$2.89 Trillion, with 78% coming from Services, 22% of which is from banking.

I keep hearing on here about UK manufacturing, and how the low pound boosts exports.....well less than 15% of our GDP comes through manufacturing and distribution of products, with less than half of that being exports.

and thats why change is needed

Change?, change in what?.....Services are the key of all major Western economies, manufacturing can never cover that loss."

Really? So do the countries with bigger economies than ours manufacture more or less than us?

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"UK 2015 GDP......$2.89 Trillion, with 78% coming from Services, 22% of which is from banking.

I keep hearing on here about UK manufacturing, and how the low pound boosts exports.....well less than 15% of our GDP comes through manufacturing and distribution of products, with less than half of that being exports.

and thats why change is needed

Change?, change in what?.....Services are the key of all major Western economies, manufacturing can never cover that loss.

Really? So do the countries with bigger economies than ours manufacture more or less than us?"

The UK will NEVER match the manufacturing output of the likes of Germany, we are light years behind in technology and design, years of investment starvation has put paid to that.

That is down to various UK governments and over generous share dividends from manufacturers.

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By (user no longer on site)  over a year ago


"UK 2015 GDP......$2.89 Trillion, with 78% coming from Services, 22% of which is from banking.

I keep hearing on here about UK manufacturing, and how the low pound boosts exports.....well less than 15% of our GDP comes through manufacturing and distribution of products, with less than half of that being exports.

and thats why change is needed

Change?, change in what?.....Services are the key of all major Western economies, manufacturing can never cover that loss.

Really? So do the countries with bigger economies than ours manufacture more or less than us?

The UK will NEVER match the manufacturing output of the likes of Germany, we are light years behind in technology and design, years of investment starvation has put paid to that.

That is down to various UK governments and over generous share dividends from manufacturers."

and like I said, that is why we need change. It won't happen overnight but that is the way to go

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"UK 2015 GDP......$2.89 Trillion, with 78% coming from Services, 22% of which is from banking.

I keep hearing on here about UK manufacturing, and how the low pound boosts exports.....well less than 15% of our GDP comes through manufacturing and distribution of products, with less than half of that being exports.

and thats why change is needed

Change?, change in what?.....Services are the key of all major Western economies, manufacturing can never cover that loss.

Really? So do the countries with bigger economies than ours manufacture more or less than us?

The UK will NEVER match the manufacturing output of the likes of Germany, we are light years behind in technology and design, years of investment starvation has put paid to that.

That is down to various UK governments and over generous share dividends from manufacturers.

and like I said, that is why we need change. It won't happen overnight but that is the way to go"

It won't happen.....labour costs will always mean that we will NEVER compete with the likes of India and China for many hundreds of thousands of products, and we are lagging behind the likes of Germany so much in manufacturing technology we will NEVER see a significant change in our lifetime, nor our children's lifetimes.

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By (user no longer on site)  over a year ago

[Removed by poster at 23/10/16 19:57:30]

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By (user no longer on site)  over a year ago


"UK 2015 GDP......$2.89 Trillion, with 78% coming from Services, 22% of which is from banking.

I keep hearing on here about UK manufacturing, and how the low pound boosts exports.....well less than 15% of our GDP comes through manufacturing and distribution of products, with less than half of that being exports.

and thats why change is needed"

I think we need to move on. We're in a digital age. 10 years ago the top 5 in S&P 500 were financial and manufacturing companies. Now they are mainly technology. Amazon, Alphabet (Google), Facebook etc.

I don't think we need to go backwards. Singapore are creating the first smart city, banking has moved online, Internet is arriving in countries we never connected to. If we cannot beat Germany in manufacturing then let Britain innovate and beat them at something we can be great at.

Rant over...

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By (user no longer on site)  over a year ago


"UK 2015 GDP......$2.89 Trillion, with 78% coming from Services, 22% of which is from banking.

I keep hearing on here about UK manufacturing, and how the low pound boosts exports.....well less than 15% of our GDP comes through manufacturing and distribution of products, with less than half of that being exports.

and thats why change is needed

I think we need to move on. We're in a digital age. 10 years ago the top 5 in S&P 500 were financial and manufacturing companies. Now they are mainly technology. Amazon, Alphabet (Google), Facebook etc.

I don't think we need to go backwards. Singapore are creating the first smart city, banking has moved online, Internet is arriving in countries we never connected to. If we cannot beat Germany in manufacturing then let Britain innovate and beat them at something we can be great at.

Rant over..."

you're right and I've said on other threads that the future is in design a technology and more investment is needed in that and if that helps manufacturing at the same time all well and good. Just passing money around to make money is sooo last season

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By *LCC OP   Couple  over a year ago

Cambridge


"UK 2015 GDP......$2.89 Trillion, with 78% coming from Services, 22% of which is from banking.

I keep hearing on here about UK manufacturing, and how the low pound boosts exports.....well less than 15% of our GDP comes through manufacturing and distribution of products, with less than half of that being exports.

and thats why change is needed

I think we need to move on. We're in a digital age. 10 years ago the top 5 in S&P 500 were financial and manufacturing companies. Now they are mainly technology. Amazon, Alphabet (Google), Facebook etc.

I don't think we need to go backwards. Singapore are creating the first smart city, banking has moved online, Internet is arriving in countries we never connected to. If we cannot beat Germany in manufacturing then let Britain innovate and beat them at something we can be great at.

Rant over...

you're right and I've said on other threads that the future is in design a technology and more investment is needed in that and if that helps manufacturing at the same time all well and good. Just passing money around to make money is sooo last season"

And accepting the tax revenues to pay for essential public services, is that last season too?

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By (user no longer on site)  over a year ago


"If we cannot beat Germany in manufacturing then let Britain innovate and beat them at something we can be great at."

Fishing.

Now that you lads will have your waters back you can become the fishing Superpower of the Western World. The great thing is this will be easily achieved by all the current financial sector workers becoming fishermen once all the banks leave.

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By (user no longer on site)  over a year ago

The same banks that fucked us over and cost us a fortune to bail out now they trying to scare us into doing things there way. FUCK THEM

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By *obka3Couple  over a year ago

bournemouth


"If we cannot beat Germany in manufacturing then let Britain innovate and beat them at something we can be great at.

Fishing.

Now that you lads will have your waters back you can become the fishing Superpower of the Western World. The great thing is this will be easily achieved by all the current financial sector workers becoming fishermen once all the banks leave.

"

I wouldnt get too smug we are your biggest market, if the moaners get their way and we go down the pan you will be buggered as well

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By *mmabluTV/TS  over a year ago

upton wirral


"Yet more proof of the devastating impact Brexit will have on the UK economy as banks start to move their operations out of London.

We may not like bankers and all like to bash their bonuses, but banking (and associated services; legal, insurance etc.) are the golden goose of the British economy.

"Britain's biggest banks are preparing to move out of the UK amid growing fears over the ramifications of leaving the European Union, a top banking boss has warned.

The head of the British Bankers' Association, Anthony Browne, said "many smaller banks" are planning to move their operations overseas before Christmas."

http://news.sky.com/story/top-banks-planning-to-move-abroad-over-brexit-fears-banking-boss-10629202"

You did not read the whole article then or your very selective at how you put things,your more dishonest than any politition

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By *LCC OP   Couple  over a year ago

Cambridge


"Yet more proof of the devastating impact Brexit will have on the UK economy as banks start to move their operations out of London.

We may not like bankers and all like to bash their bonuses, but banking (and associated services; legal, insurance etc.) are the golden goose of the British economy.

"Britain's biggest banks are preparing to move out of the UK amid growing fears over the ramifications of leaving the European Union, a top banking boss has warned.

The head of the British Bankers' Association, Anthony Browne, said "many smaller banks" are planning to move their operations overseas before Christmas."

http://news.sky.com/story/top-banks-planning-to-move-abroad-over-brexit-fears-banking-boss-10629202You did not read the whole article then or your very selective at how you put things,your more dishonest than any politition"

I wanted people to read the article themselves to be honest.

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By (user no longer on site)  over a year ago


"UK 2015 GDP......$2.89 Trillion, with 78% coming from Services, 22% of which is from banking.

I keep hearing on here about UK manufacturing, and how the low pound boosts exports.....well less than 15% of our GDP comes through manufacturing and distribution of products, with less than half of that being exports.

and thats why change is needed

I think we need to move on. We're in a digital age. 10 years ago the top 5 in S&P 500 were financial and manufacturing companies. Now they are mainly technology. Amazon, Alphabet (Google), Facebook etc.

I don't think we need to go backwards. Singapore are creating the first smart city, banking has moved online, Internet is arriving in countries we never connected to. If we cannot beat Germany in manufacturing then let Britain innovate and beat them at something we can be great at.

Rant over...

you're right and I've said on other threads that the future is in design a technology and more investment is needed in that and if that helps manufacturing at the same time all well and good. Just passing money around to make money is sooo last season

And accepting the tax revenues to pay for essential public services, is that last season too? "

what does that have to do with anything? So you think banking is the future do you?

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By *LCC OP   Couple  over a year ago

Cambridge


"UK 2015 GDP......$2.89 Trillion, with 78% coming from Services, 22% of which is from banking.

I keep hearing on here about UK manufacturing, and how the low pound boosts exports.....well less than 15% of our GDP comes through manufacturing and distribution of products, with less than half of that being exports.

and thats why change is needed

I think we need to move on. We're in a digital age. 10 years ago the top 5 in S&P 500 were financial and manufacturing companies. Now they are mainly technology. Amazon, Alphabet (Google), Facebook etc.

I don't think we need to go backwards. Singapore are creating the first smart city, banking has moved online, Internet is arriving in countries we never connected to. If we cannot beat Germany in manufacturing then let Britain innovate and beat them at something we can be great at.

Rant over...

you're right and I've said on other threads that the future is in design a technology and more investment is needed in that and if that helps manufacturing at the same time all well and good. Just passing money around to make money is sooo last season

And accepting the tax revenues to pay for essential public services, is that last season too?

what does that have to do with anything? So you think banking is the future do you?"

Its what we rely on today.

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By (user no longer on site)  over a year ago


"UK 2015 GDP......$2.89 Trillion, with 78% coming from Services, 22% of which is from banking.

I keep hearing on here about UK manufacturing, and how the low pound boosts exports.....well less than 15% of our GDP comes through manufacturing and distribution of products, with less than half of that being exports.

and thats why change is needed

I think we need to move on. We're in a digital age. 10 years ago the top 5 in S&P 500 were financial and manufacturing companies. Now they are mainly technology. Amazon, Alphabet (Google), Facebook etc.

I don't think we need to go backwards. Singapore are creating the first smart city, banking has moved online, Internet is arriving in countries we never connected to. If we cannot beat Germany in manufacturing then let Britain innovate and beat them at something we can be great at.

Rant over...

you're right and I've said on other threads that the future is in design a technology and more investment is needed in that and if that helps manufacturing at the same time all well and good. Just passing money around to make money is sooo last season

And accepting the tax revenues to pay for essential public services, is that last season too?

what does that have to do with anything? So you think banking is the future do you?

Its what we rely on today. "

which is why we need to change, to be less reliant on it. Meanwhile, they won't be going anywhere anyway. Moving to the Eurozone poses a bigger risk than staying put

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By *LCC OP   Couple  over a year ago

Cambridge


"UK 2015 GDP......$2.89 Trillion, with 78% coming from Services, 22% of which is from banking.

I keep hearing on here about UK manufacturing, and how the low pound boosts exports.....well less than 15% of our GDP comes through manufacturing and distribution of products, with less than half of that being exports.

and thats why change is needed

I think we need to move on. We're in a digital age. 10 years ago the top 5 in S&P 500 were financial and manufacturing companies. Now they are mainly technology. Amazon, Alphabet (Google), Facebook etc.

I don't think we need to go backwards. Singapore are creating the first smart city, banking has moved online, Internet is arriving in countries we never connected to. If we cannot beat Germany in manufacturing then let Britain innovate and beat them at something we can be great at.

Rant over...

you're right and I've said on other threads that the future is in design a technology and more investment is needed in that and if that helps manufacturing at the same time all well and good. Just passing money around to make money is sooo last season

And accepting the tax revenues to pay for essential public services, is that last season too?

what does that have to do with anything? So you think banking is the future do you?

Its what we rely on today.

which is why we need to change, to be less reliant on it. Meanwhile, they won't be going anywhere anyway. Moving to the Eurozone poses a bigger risk than staying put"

That's funny, I thought they just said they were leaving?

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"The same banks that fucked us over and cost us a fortune to bail out now they trying to scare us into doing things there way. FUCK THEM "

Wrong.....it's not RBS, Lloyds etc. that will be leaving, it's the multiple smaller financial houses that contribute massive amounts to our economy.

If anyone on here really believes that turning our back on the services sector in the faint hope of a major UK surge in manufacturing covering those losses then they are truly deluded.

Even in a manufacturing powerhouse like Germany the services sector dwarfes the manufacturing sector.

And that utter bollocks about the Singapore economy....totally made up bullshit.

75% of Singapores GDP is via the services sector.

People are living in a dream world on here.

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"UK 2015 GDP......$2.89 Trillion, with 78% coming from Services, 22% of which is from banking.

I keep hearing on here about UK manufacturing, and how the low pound boosts exports.....well less than 15% of our GDP comes through manufacturing and distribution of products, with less than half of that being exports.

and thats why change is needed

I think we need to move on. We're in a digital age. 10 years ago the top 5 in S&P 500 were financial and manufacturing companies. Now they are mainly technology. Amazon, Alphabet (Google), Facebook etc.

I don't think we need to go backwards. Singapore are creating the first smart city, banking has moved online, Internet is arriving in countries we never connected to. If we cannot beat Germany in manufacturing then let Britain innovate and beat them at something we can be great at.

Rant over...

you're right and I've said on other threads that the future is in design a technology and more investment is needed in that and if that helps manufacturing at the same time all well and good. Just passing money around to make money is sooo last season"

Ridiculous claptrap.....the Services sector is the fastest growing contributor to GDP in EVERY major Western economy.

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By (user no longer on site)  over a year ago


"UK 2015 GDP......$2.89 Trillion, with 78% coming from Services, 22% of which is from banking.

I keep hearing on here about UK manufacturing, and how the low pound boosts exports.....well less than 15% of our GDP comes through manufacturing and distribution of products, with less than half of that being exports.

and thats why change is needed

I think we need to move on. We're in a digital age. 10 years ago the top 5 in S&P 500 were financial and manufacturing companies. Now they are mainly technology. Amazon, Alphabet (Google), Facebook etc.

I don't think we need to go backwards. Singapore are creating the first smart city, banking has moved online, Internet is arriving in countries we never connected to. If we cannot beat Germany in manufacturing then let Britain innovate and beat them at something we can be great at.

Rant over...

you're right and I've said on other threads that the future is in design a technology and more investment is needed in that and if that helps manufacturing at the same time all well and good. Just passing money around to make money is sooo last season

Ridiculous claptrap.....the Services sector is the fastest growing contributor to GDP in EVERY major Western economy.

"

and what are services exactly?

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By *LCC OP   Couple  over a year ago

Cambridge


"UK 2015 GDP......$2.89 Trillion, with 78% coming from Services, 22% of which is from banking.

I keep hearing on here about UK manufacturing, and how the low pound boosts exports.....well less than 15% of our GDP comes through manufacturing and distribution of products, with less than half of that being exports.

and thats why change is needed

I think we need to move on. We're in a digital age. 10 years ago the top 5 in S&P 500 were financial and manufacturing companies. Now they are mainly technology. Amazon, Alphabet (Google), Facebook etc.

I don't think we need to go backwards. Singapore are creating the first smart city, banking has moved online, Internet is arriving in countries we never connected to. If we cannot beat Germany in manufacturing then let Britain innovate and beat them at something we can be great at.

Rant over...

you're right and I've said on other threads that the future is in design a technology and more investment is needed in that and if that helps manufacturing at the same time all well and good. Just passing money around to make money is sooo last season

Ridiculous claptrap.....the Services sector is the fastest growing contributor to GDP in EVERY major Western economy.

and what are services exactly?"

You have been arguing that we should move away from a service based economy, and now you are asking what it even is, so are you just playing dumb, or are you really just ignorant?

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By (user no longer on site)  over a year ago


"UK 2015 GDP......$2.89 Trillion, with 78% coming from Services, 22% of which is from banking.

I keep hearing on here about UK manufacturing, and how the low pound boosts exports.....well less than 15% of our GDP comes through manufacturing and distribution of products, with less than half of that being exports.

and thats why change is needed

I think we need to move on. We're in a digital age. 10 years ago the top 5 in S&P 500 were financial and manufacturing companies. Now they are mainly technology. Amazon, Alphabet (Google), Facebook etc.

I don't think we need to go backwards. Singapore are creating the first smart city, banking has moved online, Internet is arriving in countries we never connected to. If we cannot beat Germany in manufacturing then let Britain innovate and beat them at something we can be great at.

Rant over...

you're right and I've said on other threads that the future is in design a technology and more investment is needed in that and if that helps manufacturing at the same time all well and good. Just passing money around to make money is sooo last season

Ridiculous claptrap.....the Services sector is the fastest growing contributor to GDP in EVERY major Western economy.

and what are services exactly?

You have been arguing that we should move away from a service based economy, and now you are asking what it even is, so are you just playing dumb, or are you really just ignorant? "

but we are not a service based economy. Services will only grow when a nation reaches about 35% GDP through manufacturing and people start to earn and spend more. New technology in industry and commerce is the way to increase and change manufacturing and output and therefore increase services. Services may account for 2 thirds of GDP but it is only the tertiary economy and relies on the former. Without it there would be less spent on transport, advertising, design etc etc and people would have less to spend in shops and restaurants etc which are all service industries. Do you not understand that or are you just playing ignorant?

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By (user no longer on site)  over a year ago


"Yet more proof of the devastating impact Brexit will have on the UK economy as banks start to move their operations out of London.

We may not like bankers and all like to bash their bonuses, but banking (and associated services; legal, insurance etc.) are the golden goose of the British economy.

"Britain's biggest banks are preparing to move out of the UK amid growing fears over the ramifications of leaving the European Union, a top banking boss has warned.

The head of the British Bankers' Association, Anthony Browne, said "many smaller banks" are planning to move their operations overseas before Christmas."

http://news.sky.com/story/top-banks-planning-to-move-abroad-over-brexit-fears-banking-boss-10629202

What's you're understanding of 'Britain's biggest banks'? HSBC, NatWest, Barclays, Santander, etc? They're going to move out of the UK are they? Disappear from the high street?

So then, proof will be known before Christmas if this is true or just yet more scaremongering. 'Many smaller banks' is more than one or two, more than 'some' and certainly more than a few,.... so shall we say 8 or more 'smaller banks' will move their operations before Christmas.

Now, pray tell us, oh great wise one, what you regard to be those smaller banks, and exactly what is meant by their 'operations'?

We saw it earlier in the year when HSBC announced they were relocating, proclaimed by remainers (you may well have been amongst them!) to be proof that Brexit was a mistake, then it came out that it was 2,000 EU banking positions moving to the EU and that it had been planned way before Brexit and announced after Brexit.

You also forget the bit in the report that Britains biggest banks are planning to move out of the UK 'IN THE FIRST FEW MONTHS NEXT YEAR'.

So by April then, we will know the truth in this, and if they haven't moved out of the UK by then we can assume that you will offer an apology.

You do know that retail banking is not what is being talked about don't you?

No, they seem to think that Remainers believe that all banks will disappear and we will keep our money under the mattress. As I said, their post shows their ignorance of the topic at hand.

Your OP was deliberately misleading, but it's what we have come to expect from you. You are trying to deceive people into thinking all the big banks are going to up sticks and move away from London. Simply not the case and you should have made clear in your OP this scaremongering only applies to certain aspects of banking and not all banking. HSBC already committed earlier in the year to keep its international headquarters in London even if we leave the EU. HSBC also said it "could" move 2000 investment banking staff into mainland Europe should the country vote Leave. Now the word "could" is not a definitive word, by no means at all does it mean "definitely" they will move those 2000 staff (only in your deluded little world maybe?)

Barclays also committed to stay in London, Lloyds and RBS will stay in the UK because they are UK companies and the British taxpayer own a significant amount of shares in those companies.

I'm afraid your OP is nothing more than scaremongering and it's Project Fear all over again. The banks are merely saying these things as a way to lobby the government to go for a softer Brexit, that is what it boils down to.

London is one of, if not THE banking capital of the world, the bankers know they are onto a good thing with the low regulation and business friendly set up of London, they will find it much harder going in the high regulation set up of mainland Europe. World banks like Goldman sachs are not going to give up what they have got going in London for anyone or anything.

"

thanks for making it clear and not scaremongering/projecting fear etc.

Hate when people don't know the facts and just write about it anyway - Projecting fear!!!

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"UK 2015 GDP......$2.89 Trillion, with 78% coming from Services, 22% of which is from banking.

I keep hearing on here about UK manufacturing, and how the low pound boosts exports.....well less than 15% of our GDP comes through manufacturing and distribution of products, with less than half of that being exports.

and thats why change is needed

I think we need to move on. We're in a digital age. 10 years ago the top 5 in S&P 500 were financial and manufacturing companies. Now they are mainly technology. Amazon, Alphabet (Google), Facebook etc.

I don't think we need to go backwards. Singapore are creating the first smart city, banking has moved online, Internet is arriving in countries we never connected to. If we cannot beat Germany in manufacturing then let Britain innovate and beat them at something we can be great at.

Rant over...

you're right and I've said on other threads that the future is in design a technology and more investment is needed in that and if that helps manufacturing at the same time all well and good. Just passing money around to make money is sooo last season

Ridiculous claptrap.....the Services sector is the fastest growing contributor to GDP in EVERY major Western economy.

and what are services exactly?

You have been arguing that we should move away from a service based economy, and now you are asking what it even is, so are you just playing dumb, or are you really just ignorant?

but we are not a service based economy. Services will only grow when a nation reaches about 35% GDP through manufacturing and people start to earn and spend more. New technology in industry and commerce is the way to increase and change manufacturing and output and therefore increase services. Services may account for 2 thirds of GDP but it is only the tertiary economy and relies on the former. Without it there would be less spent on transport, advertising, design etc etc and people would have less to spend in shops and restaurants etc which are all service industries. Do you not understand that or are you just playing ignorant?"

Yes WE ARE a service based economy, we haven't been a manufacturing or farming based economy since the late 80's, you need to get with the 21st century.

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"UK 2015 GDP......$2.89 Trillion, with 78% coming from Services, 22% of which is from banking.

I keep hearing on here about UK manufacturing, and how the low pound boosts exports.....well less than 15% of our GDP comes through manufacturing and distribution of products, with less than half of that being exports.

and thats why change is needed

I think we need to move on. We're in a digital age. 10 years ago the top 5 in S&P 500 were financial and manufacturing companies. Now they are mainly technology. Amazon, Alphabet (Google), Facebook etc.

I don't think we need to go backwards. Singapore are creating the first smart city, banking has moved online, Internet is arriving in countries we never connected to. If we cannot beat Germany in manufacturing then let Britain innovate and beat them at something we can be great at.

Rant over...

you're right and I've said on other threads that the future is in design a technology and more investment is needed in that and if that helps manufacturing at the same time all well and good. Just passing money around to make money is sooo last season

Ridiculous claptrap.....the Services sector is the fastest growing contributor to GDP in EVERY major Western economy.

and what are services exactly?"

And you call me ignorant?

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By (user no longer on site)  over a year ago


"UK 2015 GDP......$2.89 Trillion, with 78% coming from Services, 22% of which is from banking.

I keep hearing on here about UK manufacturing, and how the low pound boosts exports.....well less than 15% of our GDP comes through manufacturing and distribution of products, with less than half of that being exports.

and thats why change is needed

I think we need to move on. We're in a digital age. 10 years ago the top 5 in S&P 500 were financial and manufacturing companies. Now they are mainly technology. Amazon, Alphabet (Google), Facebook etc.

I don't think we need to go backwards. Singapore are creating the first smart city, banking has moved online, Internet is arriving in countries we never connected to. If we cannot beat Germany in manufacturing then let Britain innovate and beat them at something we can be great at.

Rant over...

you're right and I've said on other threads that the future is in design a technology and more investment is needed in that and if that helps manufacturing at the same time all well and good. Just passing money around to make money is sooo last season

Ridiculous claptrap.....the Services sector is the fastest growing contributor to GDP in EVERY major Western economy.

and what are services exactly?

And you call me ignorant?"

so what are these services of which you speak and how do we grow them?

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By *ngel n tedCouple  over a year ago

maidstone

Fuck em, the ones that may be leaving were probably going to leave anyway, regardless of the outcome of the referendum vote. They won't be leaving due to brexit, they'll be leaving because the self serving greedy money grubbing fuckers have discovered a filthy corrupt financial cesspit that runneth deeper than londons.

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By *nleashedCrakenMan  over a year ago

Widnes


"Fuck em, the ones that may be leaving were probably going to leave anyway, regardless of the outcome of the referendum vote. They won't be leaving due to brexit, they'll be leaving because the self serving greedy money grubbing fuckers have discovered a filthy corrupt financial cesspit that runneth deeper than londons."

Another well reasoned, well put and totally thought through argument. I bet you voted BREXIT to.

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By *LCC OP   Couple  over a year ago

Cambridge


"UK 2015 GDP......$2.89 Trillion, with 78% coming from Services, 22% of which is from banking.

I keep hearing on here about UK manufacturing, and how the low pound boosts exports.....well less than 15% of our GDP comes through manufacturing and distribution of products, with less than half of that being exports.

and thats why change is needed

I think we need to move on. We're in a digital age. 10 years ago the top 5 in S&P 500 were financial and manufacturing companies. Now they are mainly technology. Amazon, Alphabet (Google), Facebook etc.

I don't think we need to go backwards. Singapore are creating the first smart city, banking has moved online, Internet is arriving in countries we never connected to. If we cannot beat Germany in manufacturing then let Britain innovate and beat them at something we can be great at.

Rant over...

you're right and I've said on other threads that the future is in design a technology and more investment is needed in that and if that helps manufacturing at the same time all well and good. Just passing money around to make money is sooo last season

Ridiculous claptrap.....the Services sector is the fastest growing contributor to GDP in EVERY major Western economy.

and what are services exactly?

And you call me ignorant?

so what are these services of which you speak and how do we grow them?"

Try reading the OP to find out what some of those services are.

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By (user no longer on site)  over a year ago


"UK 2015 GDP......$2.89 Trillion, with 78% coming from Services, 22% of which is from banking.

I keep hearing on here about UK manufacturing, and how the low pound boosts exports.....well less than 15% of our GDP comes through manufacturing and distribution of products, with less than half of that being exports.

and thats why change is needed

I think we need to move on. We're in a digital age. 10 years ago the top 5 in S&P 500 were financial and manufacturing companies. Now they are mainly technology. Amazon, Alphabet (Google), Facebook etc.

I don't think we need to go backwards. Singapore are creating the first smart city, banking has moved online, Internet is arriving in countries we never connected to. If we cannot beat Germany in manufacturing then let Britain innovate and beat them at something we can be great at.

Rant over...

you're right and I've said on other threads that the future is in design a technology and more investment is needed in that and if that helps manufacturing at the same time all well and good. Just passing money around to make money is sooo last season

Ridiculous claptrap.....the Services sector is the fastest growing contributor to GDP in EVERY major Western economy.

and what are services exactly?

And you call me ignorant?

so what are these services of which you speak and how do we grow them?

Try reading the OP to find out what some of those services are. "

Typically stupid answer

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"Fuck em, the ones that may be leaving were probably going to leave anyway, regardless of the outcome of the referendum vote. They won't be leaving due to brexit, they'll be leaving because the self serving greedy money grubbing fuckers have discovered a filthy corrupt financial cesspit that runneth deeper than londons."

Actually more land had been made available in the Canary Wharf area over the last eighteen months to do exactly the opposite.....more overseas banks and financial houses wanted to house European headquarters in London, it's the financial hub of Europe and brings billions into our economy.

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By *LCC OP   Couple  over a year ago

Cambridge


"UK 2015 GDP......$2.89 Trillion, with 78% coming from Services, 22% of which is from banking.

I keep hearing on here about UK manufacturing, and how the low pound boosts exports.....well less than 15% of our GDP comes through manufacturing and distribution of products, with less than half of that being exports.

and thats why change is needed

I think we need to move on. We're in a digital age. 10 years ago the top 5 in S&P 500 were financial and manufacturing companies. Now they are mainly technology. Amazon, Alphabet (Google), Facebook etc.

I don't think we need to go backwards. Singapore are creating the first smart city, banking has moved online, Internet is arriving in countries we never connected to. If we cannot beat Germany in manufacturing then let Britain innovate and beat them at something we can be great at.

Rant over...

you're right and I've said on other threads that the future is in design a technology and more investment is needed in that and if that helps manufacturing at the same time all well and good. Just passing money around to make money is sooo last season

Ridiculous claptrap.....the Services sector is the fastest growing contributor to GDP in EVERY major Western economy.

and what are services exactly?

And you call me ignorant?

so what are these services of which you speak and how do we grow them?

Try reading the OP to find out what some of those services are.

Typically stupid answer"

Why is that a stupid answer? Banking, insurance and legal services make up the core of the service industry.

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By (user no longer on site)  over a year ago


"UK 2015 GDP......$2.89 Trillion, with 78% coming from Services, 22% of which is from banking.

I keep hearing on here about UK manufacturing, and how the low pound boosts exports.....well less than 15% of our GDP comes through manufacturing and distribution of products, with less than half of that being exports.

and thats why change is needed

I think we need to move on. We're in a digital age. 10 years ago the top 5 in S&P 500 were financial and manufacturing companies. Now they are mainly technology. Amazon, Alphabet (Google), Facebook etc.

I don't think we need to go backwards. Singapore are creating the first smart city, banking has moved online, Internet is arriving in countries we never connected to. If we cannot beat Germany in manufacturing then let Britain innovate and beat them at something we can be great at.

Rant over...

you're right and I've said on other threads that the future is in design a technology and more investment is needed in that and if that helps manufacturing at the same time all well and good. Just passing money around to make money is sooo last season

Ridiculous claptrap.....the Services sector is the fastest growing contributor to GDP in EVERY major Western economy.

and what are services exactly?

And you call me ignorant?

so what are these services of which you speak and how do we grow them?

Try reading the OP to find out what some of those services are.

Typically stupid answer

Why is that a stupid answer? Banking, insurance and legal services make up the core of the service industry. "

and how does it grow?

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"UK 2015 GDP......$2.89 Trillion, with 78% coming from Services, 22% of which is from banking.

I keep hearing on here about UK manufacturing, and how the low pound boosts exports.....well less than 15% of our GDP comes through manufacturing and distribution of products, with less than half of that being exports.

and thats why change is needed

I think we need to move on. We're in a digital age. 10 years ago the top 5 in S&P 500 were financial and manufacturing companies. Now they are mainly technology. Amazon, Alphabet (Google), Facebook etc.

I don't think we need to go backwards. Singapore are creating the first smart city, banking has moved online, Internet is arriving in countries we never connected to. If we cannot beat Germany in manufacturing then let Britain innovate and beat them at something we can be great at.

Rant over...

you're right and I've said on other threads that the future is in design a technology and more investment is needed in that and if that helps manufacturing at the same time all well and good. Just passing money around to make money is sooo last season

Ridiculous claptrap.....the Services sector is the fastest growing contributor to GDP in EVERY major Western economy.

and what are services exactly?

And you call me ignorant?

so what are these services of which you speak and how do we grow them?

Try reading the OP to find out what some of those services are.

Typically stupid answer

Why is that a stupid answer? Banking, insurance and legal services make up the core of the service industry.

and how does it grow?"

Because more companies in the services sector employ more people.....simple really.

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By (user no longer on site)  over a year ago


"UK 2015 GDP......$2.89 Trillion, with 78% coming from Services, 22% of which is from banking.

I keep hearing on here about UK manufacturing, and how the low pound boosts exports.....well less than 15% of our GDP comes through manufacturing and distribution of products, with less than half of that being exports.

and thats why change is needed

I think we need to move on. We're in a digital age. 10 years ago the top 5 in S&P 500 were financial and manufacturing companies. Now they are mainly technology. Amazon, Alphabet (Google), Facebook etc.

I don't think we need to go backwards. Singapore are creating the first smart city, banking has moved online, Internet is arriving in countries we never connected to. If we cannot beat Germany in manufacturing then let Britain innovate and beat them at something we can be great at.

Rant over...

you're right and I've said on other threads that the future is in design a technology and more investment is needed in that and if that helps manufacturing at the same time all well and good. Just passing money around to make money is sooo last season

Ridiculous claptrap.....the Services sector is the fastest growing contributor to GDP in EVERY major Western economy.

and what are services exactly?

And you call me ignorant?

so what are these services of which you speak and how do we grow them?

Try reading the OP to find out what some of those services are.

Typically stupid answer

Why is that a stupid answer? Banking, insurance and legal services make up the core of the service industry.

and how does it grow?

Because more companies in the services sector employ more people.....simple really."

but that is unsustainable. Name one service that doesn't rely in some way on manufacturing and industry?

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay

Why is it unsustainable?, the service sector has grown every year since 1964, and it will continue to grow for decades, it's also ridiculous to say that it's dependent on manufacturing and industry, of course the fact that many service sectors use goods and equipment that can't be ignored, but nor can the fact that most of these goods and equipment are imported....and will continue to be imported.

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By *LCC OP   Couple  over a year ago

Cambridge

You can complain about the service sector all you want, but our economy relies on it, and that industry relies on access to the European Single Market.

To restructure our economy to a manufacturing economy (extremely unlikely) would require massive investment, however that investment wont be domestic, because Brexit will be awful to our economy. It wont come from foreign investment either as the LSE predict that foreign investment will fall by 26% as a result of Brexit. It's not going to come from government investment because they won't be able to afford it due to the fall in tax revenues.

Restructuring of the whole economy would take decades to achieve, yet we are going to have to do it in two years, or face many many years of very deep austerity.

Also if you want to compete with economies like China and India then you are either going to have to be many times more efficient than them, or pay your staff similar wages, which would not be enough to live on in the UK. If people complain about cheap Chinese goods (and steel) now, those goods are going to be even cheaper if we have a free trade agreement with them, further flooding our markets and further undermining our manufacturing industry.

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By *tillup4funMan  over a year ago

Wakefield

Have any of the top banks left yet?

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By *obka3Couple  over a year ago

bournemouth


"

Why is that a stupid answer? Banking, insurance and legal services make up the core of the service industry. "

And what do they do exactly ? They just move money around they dont "create" wealth by making or producing anything,financial services are just a cesspit of greed making a few mega rich on the backs of mostly poorer people,the hilarious thing is several of the people praising the sector are the ones that want better public services for the less well off and cant see the irony

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"

Why is that a stupid answer? Banking, insurance and legal services make up the core of the service industry.

And what do they do exactly ? They just move money around they dont "create" wealth by making or producing anything,financial services are just a cesspit of greed making a few mega rich on the backs of mostly poorer people,the hilarious thing is several of the people praising the sector are the ones that want better public services for the less well off and cant see the irony "

Who says anyone is praising the banking sector?, its being realistic.....whether the sector manufactures a product or not it brings billions into the UK through taxable income, and that is the bottom line.....taxes.

If you want two prime examples of EU countries failing to earn taxes for their nations treasuries then look no further than Greece and Italy.

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay

And why is it money made on the backs of poorer people?, we are not talking about high street banks and their daily business with the general public here, we are talking about multinational banks moving worldwide financial dealings through headquarters based in Britain, mainly in the City of London.

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay

But the service industry goes far deeper than banks and insurance companies, it's made up of a plethora of sectors including health, education, tourism, hotels, restaurants, sports, real estate....

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By (user no longer on site)  over a year ago


"Why is it unsustainable?, the service sector has grown every year since 1964, and it will continue to grow for decades, it's also ridiculous to say that it's dependent on manufacturing and industry, of course the fact that many service sectors use goods and equipment that can't be ignored, but nor can the fact that most of these goods and equipment are imported....and will continue to be imported."

why so? The service industry alone is not sustainable and has only grown because of manufacturing and technology which has given people more free time and more money. Standing still and relying on banking and paintballing is not an option. The future lies in new technology so that yes, services like banking can be done more efficiently but also so that new ways of manufacturing can be developed. We might not be able to compete on labour costs so we design and build stuff to replace the labour and design new products that people want to buy. Then services grow because the underlying economy grows. It is time to be more positive because how long do you think it will be before our banks struggle to compete with the banks of the emerging nations in the far east anyway?

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By (user no longer on site)  over a year ago


"But the service industry goes far deeper than banks and insurance companies, it's made up of a plethora of sectors including health, education, tourism, hotels, restaurants, sports, real estate...."

And those service industries will continue to thrive.

The lobbyists for the banks are looking for protection, which is fair enough.

Mr Browne has already pointed out that it would be an own goal for the EU to turn its back on our financial sector.

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By *ngel n tedCouple  over a year ago

maidstone


"Fuck em, the ones that may be leaving were probably going to leave anyway, regardless of the outcome of the referendum vote. They won't be leaving due to brexit, they'll be leaving because the self serving greedy money grubbing fuckers have discovered a filthy corrupt financial cesspit that runneth deeper than londons.

Another well reasoned, well put and totally thought through argument. I bet you voted BREXIT to."

Thank you very much. Yes,I voted to leave the european union.

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By *obka3Couple  over a year ago

bournemouth


"And why is it money made on the backs of poorer people?, we are not talking about high street banks and their daily business with the general public here, we are talking about multinational banks moving worldwide financial dealings through headquarters based in Britain, mainly in the City of London.

"

most of these banks make their money shuffling paper, ie trading shares, mortgages, derivitives, futures and other financial products, round and round making a small fee each time which makes them far more than the amount earnt by by the little people who's pensions and savings they are dealing and when it goes wrong they run off to their plus pad and leave the poor sapwho's life savings are invested with bugger all.

At least the other parts of the service sector are doing something useful ie travel,holidays, etc.

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By (user no longer on site)  over a year ago

[Removed by poster at 24/10/16 18:44:29]

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By (user no longer on site)  over a year ago

On bbc london now, anthony browne from the british bankers association said that it will happen in the first quarter of the next year, most of them will relocate to european cities.

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By (user no longer on site)  over a year ago


"On bbc london now, anthony browne from the british bankers association said that it will happen in the first quarter of the next year, most of them will relocate to european cities."

how many times can one cry wolf

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By (user no longer on site)  over a year ago


"On bbc london now, anthony browne from the british bankers association said that it will happen in the first quarter of the next year, most of them will relocate to european cities.

how many times can one cry wolf"

Some dont believe, some do.

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By *lgarsMan  over a year ago

Aberdeen

As a commited Brexiteer i can understand your concern that banks will leave the UK but i do not believe they will. There are tens of thousands of people with high expertise working in the City of London and in the financial sector throughout the Uk. It will be very difficult for banks to relocate their staff to say Frankfurt due to expensive relocation costs, many staff would be un willing to relocate abroad due to dependents ie children who have schooling to be seen to : it would costs banks a fortune in severance packages, also replacing all these experienced staff would be difficult and the banks have spend money in developing their training/skills in the uk and would like to lose out in their investments in their staff skills. The Uk handles finance better than any other country in Europe and the banks will be reluctant to leave London. The banks are just testing the govt as are the financial sector to put pressure on Theresa May and co to try and get their way as much as possible.

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"And why is it money made on the backs of poorer people?, we are not talking about high street banks and their daily business with the general public here, we are talking about multinational banks moving worldwide financial dealings through headquarters based in Britain, mainly in the City of London.

most of these banks make their money shuffling paper, ie trading shares, mortgages, derivitives, futures and other financial products, round and round making a small fee each time which makes them far more than the amount earnt by by the little people who's pensions and savings they are dealing and when it goes wrong they run off to their plus pad and leave the poor sapwho's life savings are invested with bugger all.

At least the other parts of the service sector are doing something useful ie travel,holidays, etc. "

Our eldest son works in the City in an American bank, and I think you are confusing banking with the stock exchange, fund management companies, hedge funds etc.

Much of the work done in overseas banks in London involves commercial activities within the EU, they chose to move their European headquarters to London because of its world renowned banking expertise and training in banking.....that goes back to the 1920's.

Many Chinese manufacturing companies use these banks in the City to manage their EU exporting finance accounts.

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"Why is it unsustainable?, the service sector has grown every year since 1964, and it will continue to grow for decades, it's also ridiculous to say that it's dependent on manufacturing and industry, of course the fact that many service sectors use goods and equipment that can't be ignored, but nor can the fact that most of these goods and equipment are imported....and will continue to be imported.

why so? The service industry alone is not sustainable and has only grown because of manufacturing and technology which has given people more free time and more money. Standing still and relying on banking and paintballing is not an option. The future lies in new technology so that yes, services like banking can be done more efficiently but also so that new ways of manufacturing can be developed. We might not be able to compete on labour costs so we design and build stuff to replace the labour and design new products that people want to buy. Then services grow because the underlying economy grows. It is time to be more positive because how long do you think it will be before our banks struggle to compete with the banks of the emerging nations in the far east anyway?"

I think you are missing the point totally, the vast majority of these banks in the City and in Canary Wharf are not British banks....they are overseas banks from America, South America, Asia, and the Pacific area.

I think you are mixing up the likes of Barclays and RBS with Schroeder's, HSBC and Morgan Stanley.

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By (user no longer on site)  over a year ago


"And why is it money made on the backs of poorer people?, we are not talking about high street banks and their daily business with the general public here, we are talking about multinational banks moving worldwide financial dealings through headquarters based in Britain, mainly in the City of London.

most of these banks make their money shuffling paper, ie trading shares, mortgages, derivitives, futures and other financial products, round and round making a small fee each time which makes them far more than the amount earnt by by the little people who's pensions and savings they are dealing and when it goes wrong they run off to their plus pad and leave the poor sapwho's life savings are invested with bugger all.

At least the other parts of the service sector are doing something useful ie travel,holidays, etc.

Our eldest son works in the City in an American bank, and I think you are confusing banking with the stock exchange, fund management companies, hedge funds etc.

Much of the work done in overseas banks in London involves commercial activities within the EU, they chose to move their European headquarters to London because of its world renowned banking expertise and training in banking.....that goes back to the 1920's.

Many Chinese manufacturing companies use these banks in the City to manage their EU exporting finance accounts."

Oh, so the service sector is dependant on manufacturing companies then?

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By (user no longer on site)  over a year ago


"Why is it unsustainable?, the service sector has grown every year since 1964, and it will continue to grow for decades, it's also ridiculous to say that it's dependent on manufacturing and industry, of course the fact that many service sectors use goods and equipment that can't be ignored, but nor can the fact that most of these goods and equipment are imported....and will continue to be imported.

why so? The service industry alone is not sustainable and has only grown because of manufacturing and technology which has given people more free time and more money. Standing still and relying on banking and paintballing is not an option. The future lies in new technology so that yes, services like banking can be done more efficiently but also so that new ways of manufacturing can be developed. We might not be able to compete on labour costs so we design and build stuff to replace the labour and design new products that people want to buy. Then services grow because the underlying economy grows. It is time to be more positive because how long do you think it will be before our banks struggle to compete with the banks of the emerging nations in the far east anyway?

I think you are missing the point totally, the vast majority of these banks in the City and in Canary Wharf are not British banks....they are overseas banks from America, South America, Asia, and the Pacific area.

I think you are mixing up the likes of Barclays and RBS with Schroeder's, HSBC and Morgan Stanley.

"

nope. How do these overseas banks/investment banks make money?

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"Why is it unsustainable?, the service sector has grown every year since 1964, and it will continue to grow for decades, it's also ridiculous to say that it's dependent on manufacturing and industry, of course the fact that many service sectors use goods and equipment that can't be ignored, but nor can the fact that most of these goods and equipment are imported....and will continue to be imported.

why so? The service industry alone is not sustainable and has only grown because of manufacturing and technology which has given people more free time and more money. Standing still and relying on banking and paintballing is not an option. The future lies in new technology so that yes, services like banking can be done more efficiently but also so that new ways of manufacturing can be developed. We might not be able to compete on labour costs so we design and build stuff to replace the labour and design new products that people want to buy. Then services grow because the underlying economy grows. It is time to be more positive because how long do you think it will be before our banks struggle to compete with the banks of the emerging nations in the far east anyway?

I think you are missing the point totally, the vast majority of these banks in the City and in Canary Wharf are not British banks....they are overseas banks from America, South America, Asia, and the Pacific area.

I think you are mixing up the likes of Barclays and RBS with Schroeder's, HSBC and Morgan Stanley.

nope. How do these overseas banks/investment banks make money?"

Mainly not from British businesses, they are investing heavily in EU companies such as VW and Siemens they also represents overseas manufacturing companies who export billions of dollars worth of goods into the EU.

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By (user no longer on site)  over a year ago


"Why is it unsustainable?, the service sector has grown every year since 1964, and it will continue to grow for decades, it's also ridiculous to say that it's dependent on manufacturing and industry, of course the fact that many service sectors use goods and equipment that can't be ignored, but nor can the fact that most of these goods and equipment are imported....and will continue to be imported.

why so? The service industry alone is not sustainable and has only grown because of manufacturing and technology which has given people more free time and more money. Standing still and relying on banking and paintballing is not an option. The future lies in new technology so that yes, services like banking can be done more efficiently but also so that new ways of manufacturing can be developed. We might not be able to compete on labour costs so we design and build stuff to replace the labour and design new products that people want to buy. Then services grow because the underlying economy grows. It is time to be more positive because how long do you think it will be before our banks struggle to compete with the banks of the emerging nations in the far east anyway?

I think you are missing the point totally, the vast majority of these banks in the City and in Canary Wharf are not British banks....they are overseas banks from America, South America, Asia, and the Pacific area.

I think you are mixing up the likes of Barclays and RBS with Schroeder's, HSBC and Morgan Stanley.

nope. How do these overseas banks/investment banks make money?

Mainly not from British businesses, they are investing heavily in EU companies such as VW and Siemens they also represents overseas manufacturing companies who export billions of dollars worth of goods into the EU."

So they make their money from manufacturing then but you are saying that manufacturing in the UK is not the way to go?

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"Why is it unsustainable?, the service sector has grown every year since 1964, and it will continue to grow for decades, it's also ridiculous to say that it's dependent on manufacturing and industry, of course the fact that many service sectors use goods and equipment that can't be ignored, but nor can the fact that most of these goods and equipment are imported....and will continue to be imported.

why so? The service industry alone is not sustainable and has only grown because of manufacturing and technology which has given people more free time and more money. Standing still and relying on banking and paintballing is not an option. The future lies in new technology so that yes, services like banking can be done more efficiently but also so that new ways of manufacturing can be developed. We might not be able to compete on labour costs so we design and build stuff to replace the labour and design new products that people want to buy. Then services grow because the underlying economy grows. It is time to be more positive because how long do you think it will be before our banks struggle to compete with the banks of the emerging nations in the far east anyway?

I think you are missing the point totally, the vast majority of these banks in the City and in Canary Wharf are not British banks....they are overseas banks from America, South America, Asia, and the Pacific area.

I think you are mixing up the likes of Barclays and RBS with Schroeder's, HSBC and Morgan Stanley.

nope. How do these overseas banks/investment banks make money?

Mainly not from British businesses, they are investing heavily in EU companies such as VW and Siemens they also represents overseas manufacturing companies who export billions of dollars worth of goods into the EU.

So they make their money from manufacturing then but you are saying that manufacturing in the UK is not the way to go?"

In EVERY major nation in the western world Services contribute far more to GDP than manufacturing or farming....even in a manufacturing giant like Germany Services account for over double manufacturing in GDP.

Britain have a proud manufacturing sector and has a great history of manufacturing, but in many sectors we will NEVER compete with the likes of China and Germany, our car manufacturing sector wouldn't have seen a resurgence without overseas investment in the form of factories, and MASSIVE government and EU grants.

We will NEVER compete with many nations regarding labour costs.....and everyone needs to get used to that fact as it will NEVER change.

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By (user no longer on site)  over a year ago


"Why is it unsustainable?, the service sector has grown every year since 1964, and it will continue to grow for decades, it's also ridiculous to say that it's dependent on manufacturing and industry, of course the fact that many service sectors use goods and equipment that can't be ignored, but nor can the fact that most of these goods and equipment are imported....and will continue to be imported.

why so? The service industry alone is not sustainable and has only grown because of manufacturing and technology which has given people more free time and more money. Standing still and relying on banking and paintballing is not an option. The future lies in new technology so that yes, services like banking can be done more efficiently but also so that new ways of manufacturing can be developed. We might not be able to compete on labour costs so we design and build stuff to replace the labour and design new products that people want to buy. Then services grow because the underlying economy grows. It is time to be more positive because how long do you think it will be before our banks struggle to compete with the banks of the emerging nations in the far east anyway?

I think you are missing the point totally, the vast majority of these banks in the City and in Canary Wharf are not British banks....they are overseas banks from America, South America, Asia, and the Pacific area.

I think you are mixing up the likes of Barclays and RBS with Schroeder's, HSBC and Morgan Stanley.

nope. How do these overseas banks/investment banks make money?

Mainly not from British businesses, they are investing heavily in EU companies such as VW and Siemens they also represents overseas manufacturing companies who export billions of dollars worth of goods into the EU.

So they make their money from manufacturing then but you are saying that manufacturing in the UK is not the way to go?

In EVERY major nation in the western world Services contribute far more to GDP than manufacturing or farming....even in a manufacturing giant like Germany Services account for over double manufacturing in GDP.

Britain have a proud manufacturing sector and has a great history of manufacturing, but in many sectors we will NEVER compete with the likes of China and Germany, our car manufacturing sector wouldn't have seen a resurgence without overseas investment in the form of factories, and MASSIVE government and EU grants.

We will NEVER compete with many nations regarding labour costs.....and everyone needs to get used to that fact as it will NEVER change."

with innovation we won't have to compete with labour costs or compete with Germany or China but lead the way in different directions through technology. GDP in services will always double that of manufacturing, so, the answer is to increase manufacturing

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By *LCC OP   Couple  over a year ago

Cambridge


"As a commited Brexiteer i can understand your concern that banks will leave the UK but i do not believe they will. There are tens of thousands of people with high expertise working in the City of London and in the financial sector throughout the Uk. It will be very difficult for banks to relocate their staff to say Frankfurt due to expensive relocation costs, many staff would be un willing to relocate abroad due to dependents ie children who have schooling to be seen to : it would costs banks a fortune in severance packages, also replacing all these experienced staff would be difficult and the banks have spend money in developing their training/skills in the uk and would like to lose out in their investments in their staff skills. The Uk handles finance better than any other country in Europe and the banks will be reluctant to leave London. The banks are just testing the govt as are the financial sector to put pressure on Theresa May and co to try and get their way as much as possible.

"

But if you cut their access to their clients they have no other choice.

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By *lgarsMan  over a year ago

Aberdeen

I am not convinced that the Uk leaving the EU will cut the banks off from their customer base ?

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By *LCC OP   Couple  over a year ago

Cambridge


"I am not convinced that the Uk leaving the EU will cut the banks off from their customer base ?"

Well they are. If we are not in the single market they wont have tariff access or passporting rights.

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"I am not convinced that the Uk leaving the EU will cut the banks off from their customer base ?

Well they are. If we are not in the single market they wont have tariff access or passporting rights. "

And therein lies the real problem

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By *tillup4funMan  over a year ago

Wakefield


"On bbc london now, anthony browne from the british bankers association said that it will happen in the first quarter of the next year, most of them will relocate to european cities.

how many times can one cry wolfSome dont believe, some do."

I,ll believe it when it happens.

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By *LCC OP   Couple  over a year ago

Cambridge

[Removed by poster at 24/10/16 22:06:38]

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By *LCC OP   Couple  over a year ago

Cambridge


"On bbc london now, anthony browne from the british bankers association said that it will happen in the first quarter of the next year, most of them will relocate to european cities.

how many times can one cry wolfSome dont believe, some do.

I,ll believe it when it happens. "

And do you think it will be good or bad when it happens?

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By *entaur_UKMan  over a year ago

Cannock

I have to laugh at all the lefty politically correct socialist types on here now defending bankers and singing their praises.

Hard to believe it was the same lefty, politically correct socialist types who were slagging bankers off and calling for their heads on a plate just after the global banking crash a few years ago.

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"I have to laugh at all the lefty politically correct socialist types on here now defending bankers and singing their praises.

Hard to believe it was the same lefty, politically correct socialist types who were slagging bankers off and calling for their heads on a plate just after the global banking crash a few years ago. "

I have to laugh how many on here attempt to hide their racism and xenophobia behind the Brexit movement, it's like they needed the Leave campaign to put an acceptable shine on their bigotry.....

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By (user no longer on site)  over a year ago


"I have to laugh at all the lefty politically correct socialist types on here now defending bankers and singing their praises.

Hard to believe it was the same lefty, politically correct socialist types who were slagging bankers off and calling for their heads on a plate just after the global banking crash a few years ago.

I have to laugh how many on here attempt to hide their racism and xenophobia behind the Brexit movement, it's like they needed the Leave campaign to put an acceptable shine on their bigotry....."

Change the fucking record why don't ya?

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"I have to laugh at all the lefty politically correct socialist types on here now defending bankers and singing their praises.

Hard to believe it was the same lefty, politically correct socialist types who were slagging bankers off and calling for their heads on a plate just after the global banking crash a few years ago.

I have to laugh how many on here attempt to hide their racism and xenophobia behind the Brexit movement, it's like they needed the Leave campaign to put an acceptable shine on their bigotry.....

Change the fucking record why don't ya?"

I don't think so.....

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By *tillup4funMan  over a year ago

Wakefield


"I have to laugh at all the lefty politically correct socialist types on here now defending bankers and singing their praises.

Hard to believe it was the same lefty, politically correct socialist types who were slagging bankers off and calling for their heads on a plate just after the global banking crash a few years ago.

I have to laugh how many on here attempt to hide their racism and xenophobia behind the Brexit movement, it's like they needed the Leave campaign to put an acceptable shine on their bigotry....."

I see no sign of racism, xenophobia or bigotry in Centaur,s post but I see a lot of sour grape,s in your post.

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"I have to laugh at all the lefty politically correct socialist types on here now defending bankers and singing their praises.

Hard to believe it was the same lefty, politically correct socialist types who were slagging bankers off and calling for their heads on a plate just after the global banking crash a few years ago.

I have to laugh how many on here attempt to hide their racism and xenophobia behind the Brexit movement, it's like they needed the Leave campaign to put an acceptable shine on their bigotry.....

I see no sign of racism, xenophobia or bigotry in Centaur,s post but I see a lot of sour grape,s in your post. "

I think you will find I never accused him of racism or bigotry....

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By *ouple in LancashireCouple  over a year ago

in Lancashire


"I have to laugh at all the lefty politically correct socialist types on here now defending bankers and singing their praises.

Hard to believe it was the same lefty, politically correct socialist types who were slagging bankers off and calling for their heads on a plate just after the global banking crash a few years ago.

I have to laugh how many on here attempt to hide their racism and xenophobia behind the Brexit movement, it's like they needed the Leave campaign to put an acceptable shine on their bigotry.....

Change the fucking record why don't ya?"

touched a nerve methinks..

if the cap fits..

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By (user no longer on site)  over a year ago


"I have to laugh at all the lefty politically correct socialist types on here now defending bankers and singing their praises.

Hard to believe it was the same lefty, politically correct socialist types who were slagging bankers off and calling for their heads on a plate just after the global banking crash a few years ago.

I have to laugh how many on here attempt to hide their racism and xenophobia behind the Brexit movement, it's like they needed the Leave campaign to put an acceptable shine on their bigotry.....

Change the fucking record why don't ya?

I don't think so....."

Of course not, t'is stuck isn't it?

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By (user no longer on site)  over a year ago


"I have to laugh at all the lefty politically correct socialist types on here now defending bankers and singing their praises.

Hard to believe it was the same lefty, politically correct socialist types who were slagging bankers off and calling for their heads on a plate just after the global banking crash a few years ago.

I have to laugh how many on here attempt to hide their racism and xenophobia behind the Brexit movement, it's like they needed the Leave campaign to put an acceptable shine on their bigotry.....

Change the fucking record why don't ya?

touched a nerve methinks..

if the cap fits.."

Whatever, your pathetic accusations mean nothing to me. But the pathetic PC narrative is boring and sounds like a bunch of s screaming for mercy.

You get none from me!

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"I have to laugh at all the lefty politically correct socialist types on here now defending bankers and singing their praises.

Hard to believe it was the same lefty, politically correct socialist types who were slagging bankers off and calling for their heads on a plate just after the global banking crash a few years ago.

I have to laugh how many on here attempt to hide their racism and xenophobia behind the Brexit movement, it's like they needed the Leave campaign to put an acceptable shine on their bigotry.....

Change the fucking record why don't ya?

touched a nerve methinks..

if the cap fits..

Whatever, your pathetic accusations mean nothing to me. But the pathetic PC narrative is boring and sounds like a bunch of s screaming for mercy.

You get none from me! "

You really are a very angry person aren't you?

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By *ouple in LancashireCouple  over a year ago

in Lancashire


"I have to laugh at all the lefty politically correct socialist types on here now defending bankers and singing their praises.

Hard to believe it was the same lefty, politically correct socialist types who were slagging bankers off and calling for their heads on a plate just after the global banking crash a few years ago.

I have to laugh how many on here attempt to hide their racism and xenophobia behind the Brexit movement, it's like they needed the Leave campaign to put an acceptable shine on their bigotry.....

Change the fucking record why don't ya?

touched a nerve methinks..

if the cap fits..

Whatever, your pathetic accusations mean nothing to me. But the pathetic PC narrative is boring and sounds like a bunch of s screaming for mercy.

You get none from me! "

what's a bit strange is that you try and deny it yet your vile words like the others are here for anyone to see..

fucks sake grow a pair..

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By *tillup4funMan  over a year ago

Wakefield


"I have to laugh at all the lefty politically correct socialist types on here now defending bankers and singing their praises.

Hard to believe it was the same lefty, politically correct socialist types who were slagging bankers off and calling for their heads on a plate just after the global banking crash a few years ago.

I have to laugh how many on here attempt to hide their racism and xenophobia behind the Brexit movement, it's like they needed the Leave campaign to put an acceptable shine on their bigotry.....

I see no sign of racism, xenophobia or bigotry in Centaur,s post but I see a lot of sour grape,s in your post.

I think you will find I never accused him of racism or bigotry...."

Well that's how it reads.

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By *LCC OP   Couple  over a year ago

Cambridge


"I have to laugh at all the lefty politically correct socialist types on here now defending bankers and singing their praises.

Hard to believe it was the same lefty, politically correct socialist types who were slagging bankers off and calling for their heads on a plate just after the global banking crash a few years ago.

I have to laugh how many on here attempt to hide their racism and xenophobia behind the Brexit movement, it's like they needed the Leave campaign to put an acceptable shine on their bigotry.....

Change the fucking record why don't ya?

touched a nerve methinks..

if the cap fits..

Whatever, your pathetic accusations mean nothing to me. But the pathetic PC narrative is boring and sounds like a bunch of s screaming for mercy.

You get none from me! "

You don't think people who's race differs from yours should be allowed to vote. That is very clearly racist.

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"I have to laugh at all the lefty politically correct socialist types on here now defending bankers and singing their praises.

Hard to believe it was the same lefty, politically correct socialist types who were slagging bankers off and calling for their heads on a plate just after the global banking crash a few years ago.

I have to laugh how many on here attempt to hide their racism and xenophobia behind the Brexit movement, it's like they needed the Leave campaign to put an acceptable shine on their bigotry.....

I see no sign of racism, xenophobia or bigotry in Centaur,s post but I see a lot of sour grape,s in your post.

I think you will find I never accused him of racism or bigotry....

Well that's how it reads. "

Then you can take it as you like.....

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By (user no longer on site)  over a year ago


"I have to laugh at all the lefty politically correct socialist types on here now defending bankers and singing their praises.

Hard to believe it was the same lefty, politically correct socialist types who were slagging bankers off and calling for their heads on a plate just after the global banking crash a few years ago.

I have to laugh how many on here attempt to hide their racism and xenophobia behind the Brexit movement, it's like they needed the Leave campaign to put an acceptable shine on their bigotry.....

Change the fucking record why don't ya?

touched a nerve methinks..

if the cap fits..

Whatever, your pathetic accusations mean nothing to me. But the pathetic PC narrative is boring and sounds like a bunch of s screaming for mercy.

You get none from me!

what's a bit strange is that you try and deny it yet your vile words like the others are here for anyone to see..

fucks sake grow a pair.. "

You are serious I think, how utterly hilarious. Everybody knows that PC wimps are trying to dumb down the population because they can't fight straight.

Those of us who know what is happening in this world, know what the NWO have in store for us, will carry on fighting. The odds are against us, but trust me, we will win.

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"I have to laugh at all the lefty politically correct socialist types on here now defending bankers and singing their praises.

Hard to believe it was the same lefty, politically correct socialist types who were slagging bankers off and calling for their heads on a plate just after the global banking crash a few years ago.

I have to laugh how many on here attempt to hide their racism and xenophobia behind the Brexit movement, it's like they needed the Leave campaign to put an acceptable shine on their bigotry.....

Change the fucking record why don't ya?

touched a nerve methinks..

if the cap fits..

Whatever, your pathetic accusations mean nothing to me. But the pathetic PC narrative is boring and sounds like a bunch of s screaming for mercy.

You get none from me!

what's a bit strange is that you try and deny it yet your vile words like the others are here for anyone to see..

fucks sake grow a pair..

You are serious I think, how utterly hilarious. Everybody knows that PC wimps are trying to dumb down the population because they can't fight straight.

Those of us who know what is happening in this world, know what the NWO have in store for us, will carry on fighting. The odds are against us, but trust me, we will win."

You have finally confirmed what I have been thinking, and I can see where much of your ignorance and distrust of certain groups stems from.....your belief in the whole New World Order conspiracy nonsense.....does it keep you awake at night?

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By *ouple in LancashireCouple  over a year ago

in Lancashire


"I have to laugh at all the lefty politically correct socialist types on here now defending bankers and singing their praises.

Hard to believe it was the same lefty, politically correct socialist types who were slagging bankers off and calling for their heads on a plate just after the global banking crash a few years ago.

I have to laugh how many on here attempt to hide their racism and xenophobia behind the Brexit movement, it's like they needed the Leave campaign to put an acceptable shine on their bigotry.....

Change the fucking record why don't ya?

touched a nerve methinks..

if the cap fits..

Whatever, your pathetic accusations mean nothing to me. But the pathetic PC narrative is boring and sounds like a bunch of s screaming for mercy.

You get none from me!

what's a bit strange is that you try and deny it yet your vile words like the others are here for anyone to see..

fucks sake grow a pair..

You are serious I think, how utterly hilarious. Everybody knows that PC wimps are trying to dumb down the population because they can't fight straight.

Those of us who know what is happening in this world, know what the NWO have in store for us, will carry on fighting. The odds are against us, but trust me, we will win."

your rambling..

yes I am serious, your a racist and like most on here you will be a different person on the street..

too much of a coward to air your vile views lest you get the reaction some will say you deserve..

you talk of 'fighting the nwo', not long ago you were babbling on about revolution so will assume your ranting on this thread is more wind and piss..

I think in your case the dumbing down by those pesky wimps wont take up too much of your time perhaps..

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By (user no longer on site)  over a year ago


"I have to laugh at all the lefty politically correct socialist types on here now defending bankers and singing their praises.

Hard to believe it was the same lefty, politically correct socialist types who were slagging bankers off and calling for their heads on a plate just after the global banking crash a few years ago.

I have to laugh how many on here attempt to hide their racism and xenophobia behind the Brexit movement, it's like they needed the Leave campaign to put an acceptable shine on their bigotry.....

Change the fucking record why don't ya?

touched a nerve methinks..

if the cap fits..

Whatever, your pathetic accusations mean nothing to me. But the pathetic PC narrative is boring and sounds like a bunch of s screaming for mercy.

You get none from me!

what's a bit strange is that you try and deny it yet your vile words like the others are here for anyone to see..

fucks sake grow a pair..

You are serious I think, how utterly hilarious. Everybody knows that PC wimps are trying to dumb down the population because they can't fight straight.

Those of us who know what is happening in this world, know what the NWO have in store for us, will carry on fighting. The odds are against us, but trust me, we will win.

your rambling..

yes I am serious, your a racist and like most on here you will be a different person on the street..

too much of a coward to air your vile views lest you get the reaction some will say you deserve..

you talk of 'fighting the nwo', not long ago you were babbling on about revolution so will assume your ranting on this thread is more wind and piss..

I think in your case the dumbing down by those pesky wimps wont take up too much of your time perhaps..

"

"A different person on the street" sounds like a challenge to me.

I'm the same in life as I am online, and I talk to the public every day. Most agree, and the small percentage that don't bugger off sharpish.

I have no time for bullshit from braindead robots like you.

For now I have has enough of trying to debate politics with idiots. So carry on baiting, I am no longer biting.

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