BREXIT

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Re: BREXIT

Postby grzegorz on Sun May 19, 2019 2:14 pm

I guess the so-called experts were right.

Long list of companies leaving jolly old England.

But hey! At least lightbulbs are unregulated.

Make lightbulbs great again!

http://www.businessfondue.com/2019/02/2 ... of-brexit/

These large companies are leaving the UK because of Brexit

http://www.businessfondue.com

While the UK is saying goodbye to the European Union, these large international companies are waving goodbye to the UK.

Large multinational companies have not been taking lightly the fact that Britain is leaving the single EU market and customs union. Over the past year, many high-profile firms have announced relocating their European headquarters and thousands of jobs from London to Amsterdam, Dublin, Paris, Frankfurt, and even Dubai.

However, some of them, such as Unilever, the Anglo-Dutch consumer goods giant, had to cancel a move due to the shareholders’ revolt.

According to EY’s Financial Services Brexit Tracker, financial services companies alone added or will add around 2,000 new European jobs outside the UK as a result of Brexit.

In total, over 7,000 jobs could be shifted from London to other European cities, assumes the report.

In addition, a number of banks are transferring assets worth billions out of the UK in preparation of a no-deal Brexit. Banks are trying to secure rights to serve European customers as British companies might lose “passporting” rights that allow them to sell financial services in the EU single market after Britain leaves the bloc. 

Which countries will attract the most companies leaving the UK?

As a result, many EU member states joined the race to accommodate companies looking for a new home because of Brexit.

Who have been the winners so far? When it comes to financial services, Dublin, Luxembourg, Frankfurt, and Paris are the most popular cities to add jobs, reports EY Financial Services Brexit Tracker.

However, other countries are sharing their success stories too.

The Dutch government reveals that it is in contact with more than 250 companies that are thinking about the possibility to relocate to the Netherlands.

Germany is another country successfully luring companies that are leaving Britain. A German lobby group, Frankfurt Main Finance, has claimed that between €750 billion to €800 billion ($911 billion) in financial assets will move to Germany by March 29, 2019 – the date when Britain leaves the bloc.

While Vilnius, the capital of Lithuania, made no secret of its ambitions to overtake London as Europe’s fintech center.

A number of London-based financial technology startups have already applied for licenses in Lithuania seeking to ensure rights to provide financial services after Britain leaves the EU. Some of them also relocated their headquarters and increased the number of staff in the Baltic country.

According to Lithuania’s central bank, 110 licensed companies have been already working in Lithuania’s fintech cluster, while 60 applications are under review at the moment. In terms of licensed fintech companies, Lithuania is the second only to Britain in the EU.

Business Fondue rounds up which large firms announced about their relocation or increased their presence in other European countries in connection with Brexit and where did they go.

Panasonic: to the Netherlands

Japanese electronics firm Panasonic moved its European headquarters from Bracknell (UK) to Amsterdam in October 2018. The company was seeking to avoid potential fiscal obstacles after Britain leaves the EU.

Sony: to the Netherlands

Another Japanese electronics giant, Sony, is also shifting its European headquarters to the Netherlands as a result of Brexit. The move will allow Sony to avoid customs issues after the UK leaves the bloc, said the company in a statement.

Barclay’s: to Ireland

Financial services company Barclay’s is transferring €191 billion ($217 billion) worth of assets from the UK to the Dublin-based branch.

Barclay’s also shifted the ownership of all of its European branches to Dublin and doubled the number of staff in its new base.

Nissan: to Japan

Japanese car manufacturer, Nissan, announced it would stop making the X-Trail SUV at its plant in the UK and will start manufacturing this model back in Japan. The experts believe two factors had the impact on this decision: the falling demand for diesel cars in Europe and Brexit. The company revealed that although “the decision was taken for business reasons, the continued uncertainty around the U.K.’s future relationship with the EU was not helping to plan a future”.

Royal Bank of Scotland: to the Netherlands

Royal Bank of Scotland Group revealed its plans to move almost €7 billion ($8 billion) worth of client assets and €8 billion ($9.3 billion) in liabilities from the UK to the Netherlands in case of a no-deal Brexit.

Revolut: to Lithuania

One of the UK’s fastest-growing financial technology startup, Revolut, got a specialized bank license in Lithuania. It means that the digital bank is allowed to offer current accounts and loans across the EU.

In addition, Lithuania’s central bank issued an electronic money license to Revolut.

HSBC: to France

Due to uncertainty over Brexit deal, Europe’s biggest bank, HSBC, has shifted the ownership of a number of its European branches from London to Paris.

However, it is still unclear how many of 1,000 banking jobs will be transferred from London to Paris.

Lloyd’s of London: to Brussels

Insurance company Lloyd’s of London established an insurance company in Brussels in order to remain fully operational in the EU after Brexit.

Aviva: to Ireland

Britain’s insurer Aviva is planning to move €10,5 billion ($12 billion) worth of assets to Dublin.

Goldman Sachs: to Germany

Goldman Sachs is not only expanding the number of staff in its branch in Frankfurt but also opening new offices in Stockholm, Milan, and Dublin.

Honda

Japanese car manufacturer, Honda, announced in February 2019 its plans to close a manufacturing plant with 3,500 jobs in the UK by 2021.

Despite Honda’s reassurance that it is not related to Brexit, experts argue that Britain’s decision to leave the EU should have had a great impact.

Last edited by grzegorz on Sun May 19, 2019 2:17 pm, edited 3 times in total.
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Re: BREXIT

Postby GrahamB on Wed May 22, 2019 2:46 am

Watch this video of Brexiter David Davies being harangued by..... a Brexiter - it's absolutely amazing. She didn't even want to engage in reasonable debate - just being provocative, assuming and unable to listen. And she's arguing against somebody who is also a leaver - they're on the same side effectively. Brexit is just utter lunacy at this point.

Brexit *is* that woman. It isn't Davies.

It's about time people like Davies woke up to that.

https://www.bbc.co.uk/news/av/uk-wales- ... in-threats

Oh, and British Steel just went into liquidation today.

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Last edited by GrahamB on Wed May 22, 2019 3:19 am, edited 2 times in total.
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Re: BREXIT

Postby GrahamB on Wed Jun 05, 2019 12:39 pm

Great point from this guy. Thumbs up.

Felonius Dunc
@DuncanManton

I wanted to Leave, but I didn’t *need* to. Nobody does.
But some people *need* us to Remain, for jobs, for families, for medication etc.

Which is why we should Remain. We don’t need to leave, and it would be childish to hurt people just because we *want* something.
#RemainerNow
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Re: BREXIT

Postby Trick on Wed Jun 05, 2019 10:38 pm

GrahamB wrote:Oh, and British Steel just went into liquidation today.

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To save your day, play your favorite Judas Priest vinyl British Steel and relax to United, it’s pure strengthening Qigong, you will come out strong and full of hope
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Re: BREXIT

Postby GrahamB on Thu Jun 06, 2019 7:56 am

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Re: BREXIT

Postby grzegorz on Fri Jun 07, 2019 11:40 pm

The fact that 45 is willing to have a post Brexit US/UK deal based upon the US medical system starting up in the UK should serve as a reminder of why the EU got started in the first place and that is to prevent the US from pressuring individual European countries to succumb to the US's will.
Last edited by grzegorz on Fri Jun 07, 2019 11:43 pm, edited 1 time in total.
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Re: BREXIT

Postby GrahamB on Fri Jun 14, 2019 2:06 pm

I think this is kept of YouTube because of copyright, but people are calling it the best moment on BBC Question Time in the last year

https://www.facebook.com/leftbible/vide ... 825308855/

Everybody should watch it.
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Re: BREXIT

Postby GrahamB on Fri Jul 19, 2019 1:34 am

Our podcast about the Miasma - Heretics - has now started going through Genesis chapter by chapter, creating a 'Heretics Bible'. It's been impossible not to draw parallels between the political situation 2000 years ago with its competing miasmas supporting different elites and the political situation today with the miasma generated by the media, politicians and elites.

In particular, the appropriation of Lilith, Adam's first wife as a kind of boogeyman character to scare little kids with and the popular boogeymen of today - immigrants, foreigners, etc...

2,000 years apart and history is repeating itself.

Go straight to the Lilith episode for the commentary on modern times, but the first two episodes flesh out a lot of the background.

Genesis chap 1:

https://www.spreaker.com/user/9404101/h ... -genesis-i

Genesis chap 2:

https://www.spreaker.com/user/9404101/3 ... -genesis-2

Lilith:

https://www.spreaker.com/user/9404101/lilith
Last edited by GrahamB on Fri Jul 19, 2019 1:41 am, edited 3 times in total.
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Re: BREXIT

Postby Michael on Tue Jul 23, 2019 5:30 pm

Congratulations!

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Re: BREXIT

Postby grzegorz on Sat Jul 27, 2019 12:12 pm

Congrats on what?

A hard Brexit?
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Re: BREXIT

Postby GrahamB on Sun Jul 28, 2019 1:58 am

Yep.

No-deal Brexit now 'assumed' by government, says Gove

https://www.bbc.co.uk/news/uk-politics- ... t98zfsuVDI
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Re: BREXIT

Postby oragami_itto on Sun Jul 28, 2019 9:36 am

That's not fair, Graham. Boris has a plan, a great plan, a workable plan, "Finders keepers, loosers weepers, innit?"
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Re: BREXIT

Postby GrahamB on Mon Jul 29, 2019 3:13 am

I think about this a lot.

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Re: BREXIT

Postby grzegorz on Mon Jul 29, 2019 10:26 pm

Will be interesting to see what happens with Scotland and Northern Ireland.
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Re: BREXIT

Postby Peacedog on Tue Jul 30, 2019 11:53 am

How many battalions do Scotland and Northern Ireland have? Oh yeah, none. So pretty much nothing is going to happen.

As an American, I have no binding personal interest in this fight.

That said, I have as of yet to see anyone on the Remainder side articulate any specific advantage to staying a part of the EU.

The negatives have been elaborated extensively, oddly, by both sides. Payments to an unaccountable bureaucratic organization (i.e. the EU), momement and long term occupation of British territory by non-British subjects (anyone been to London lately?) and a generalized loss of autonomy to an unelected group of globalists in Brussels via an uncontrollable regulatory process by people who do not live in the UK in any event.

As for access to European markets, well, both sides need this anyway. Maybe some kind of tarriff/taxation issue exits, but that can be worked out with individual states in any event.
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