Slashdot Mirror
After Brexit, More Than 100 Firms May Move To Ireland (mirror.co.uk)
An anonymous reader quotes The Daily Mirror:
Ireland has said it has received more than 100 inquiries from major firms looking to move from the UK because of Brexit. Martin Shanahan, the chief executive of the Industrial Development Agency, said the bulk of the interest came from banks and financial institutions based in the City of London. He told the Guardian newspaper that Dublin was looking to capitalize on Brexit by wooing firms with its low corporation tax rate and status as the only English speaking country in the EU after the UK leaves the trading bloc... A recent report by accountants PwC said up to 100,000 jobs in the UK financial services sector could be lost if the UK cannot strike a deal on passporting.
The New York Times also reports on the European Medicines Agency -- which oversees approval of drugs across Europe (like America's FDA) from London. The agency believes that relocating to a different country could mean losing up to half its employees, which would majorly impact the licensing and monitoring of prescription drugs for the entire European Union.
The New York Times also reports on the European Medicines Agency -- which oversees approval of drugs across Europe (like America's FDA) from London. The agency believes that relocating to a different country could mean losing up to half its employees, which would majorly impact the licensing and monitoring of prescription drugs for the entire European Union.
Else they just run to Ireland, or other low cost havens.
Brexit is just a nice excuse, they'd want to do this anyway.
Right after the Erinexit!
Haven't you heard? Social media is "technology" because it uses computers.
Now we know where these traitors stand and where they will be.
With their customers?
Ho! Haha! Guard! Turn! Parry! Dodge! Spin! Ha! Thrust!
Hey- you guys voted for Brexit. This is a consequence.
It's the free market. Allow it to sort things out. If you do not like the outcome- remember you voted for it.
Another consultant who stuck it out.
"We are the Priests, of the Temples of Syrinx..."
Now we know where these traitors stand and where they will be.
Traitors? Who?
The major firms fleeing an alarming, and possibly catastrophic, regulatory landscape in solo Britain? You're being silly. CEOs and entire boards of directors can and have been dismissed -- and even sued -- for not doing their due diligence by mitigating exactly that kind of factor. It's their job.
The employees of said firms? Again, you're being silly. A paycheque is a paycheque. If I had a high-paying job that was relocating, especially if it was just to the other side of the Irish Sea, and even more especially if I could keep my EU passport after doing so, you'd better believe following them would be a strong option. Staying, unemployed, in a country with an uncertain future, might not.
Pro-tip: The traitors are the ones that voted for Brexit.
And across the pond, the traitors are the ones that voted for Trump.
This is really Goldman Sachs lobbying for UK to accept EEA passorting rules without exception.
http://www.businessinsider.com/goldman-sachs-expects-uk-to-lose-financial-passporting-rights-post-brexit-2016-12
Lets be blunt here. UK trades at 25 billion pound deficit to the EU. What that means is goods+service sold to the EU is 25 billion less than imports of goods and services. This deficit includes financial services.
If the EU want to impose tarrif barriers, then UK will do the same. Suppose EU imposed a blanket tarrif across the board of 10%. What would that achieve? Well it would help the UK! UK would do the same, it could then subsidise exports to the EU to cover the EU tarrif (using money it makes on import tarifs from the EU), and UK WOULD STILL BE 2.5 BILLION QUID BETTER OFF. EU could subsidize its exports to UK, but would be 2.5 billion worse off.
If the tarrif was 100%, then UK would be 25 billion quid better off. If tarrif was 200% it would be 50 billion quid better off. And it's exports would still be the same because the tarif was being subsidized.
So there is not trade lever the EU has over the UK.
As to the City of London, it's not in the UK because of Corporation tax or EEA membership. They can sell those packages from any country and already do. It's there because the traders are there with the expertise. Goldman sachs has never limited itself to selling its packages as 'exports' from the UK, and this is them blustering.
better be the same for all companies, ireland, because that's what got you and apple into trouble with the e.u.
Don't let the door hit you where the globalists split you.
Traitors of what, exactly?
The reason both of those happened is because of foreigners. People blame them for terrorism, for taking jobs, for forcing their culture on people. They all want a government that will lock the boarders down.
Is it racist and misguided? Mostly. But I wouldn't call it being a traitor.
Make up your own facts!
More delusional Brexshit dreaming.
And you lot picked a man who's name is a euphemism for passing wind. Naa.
Hey, it could happen.
yes, the default native english speaking is a huge thing. If I wasn't forced I wouldn't speak an english word lol. I already dread the times when I have to learn chinese because they will be the overlords. Idiots brits are never pleased with what they currently have...
"And you lot picked a man who's name is a euphemism for passing wind. Naa."
And you can't tell the difference between "who is" and "whose". "Whose" is a possessive pronoun. "Who's" is the contraction for "who is".
And we can cut them from government contracts and the peoples can stop buying their stuff. Beside, moving to Ireland to avoid paying taxes was already a slimy move. Now the British peoples and their institution have a legitimate reason to boycott them.
Everybody knew that a vote against globalist fascist would cause some corrupted corporation to leave. Good riddance!
Would find it just as likely they are using Brexit as a convenient more acceptable excuse as "we are moving to a tax haven, thanks" doesn't go down well at the moment.
That you should not try to force people into what you want.
Brexit, Trump, the shit will keep happening over and over and over again until you learn how to talk to people like adults.
What are you even babbling about. Like Britain was some kind of financial wasteland until the EU formed and saved everyone?
Only the State obtains its revenue by coercion. - Murray Rothbard
That would be wishful thinking for Ireland, the economy is totally dependent on the U.K.. And the city of London trading banking centre are a cartel of criminals protected by the English government and if the city of London trading centre was not in the U.K. it would do the nation a lot of good.. they have always been a nation of shopkeepers and traders throughout their empire years. Industry in the U.K. was destroyed in the early 70s.
Ireland is indebted to the U.K. to the sum of 104.5 billion the Irish Republic's population is 4,719,688. If the U.K. or even just England, introduced import duties it would destroy the economy of the Irish Republic they will be asking for work permits to the U.K. to become road diggers to send money to Ireland like the 1970s.
Then you have Spain who desperately needs the U.K.
You are all doomed you are all doomed if you do not do what the losing side wants. Donald Trump is the Antichrist. The Front national, is going to end the world. The Geert Wilders's Party for Freedom (PVV) are ungrateful bastards who are going to destroy the European Union. Blah blah blah blah blah blah and blah blah blah.
P.S. blah blah blah. the nasty crowd really do not understand the people they cannot be frightened into submission the Obama, and his threats was a real turning point. Something different is going to happen and it is that difference that people want in their life They have had the constant routine of corruption for so long that they will have change regardless. In Britain, people work to live and get by and retire on a piece of land somewhere that is their ambitions.
In the U.S. they want to be rich and they want to be powerful. In Germany they want to control. But the British just want to "get on with life" they do not have the same ambitions that they have in the U.S. and most of Europe they have a similar attitude to the Japanese they want to get on. They are a nation of shopkeepers road diggers manual workers they do not care for the city of London it has no meaning to them. they do not look for wealth they just "want to get on."
They can be very nasty when pushed too far but they take a lot of provoking.
This sounds like 100+ (is that all? really) companies that really don't get Brexit. I'm guessing that they will get it soon enough in a sad way.
Zoid.com
You're a traitor for not wanting your children raped by welfare migrants, or for not wanting to be controlled by distant unelected beauracrats?
OK dipshit.
"Alarming and catastrophic." And here I thought Microsoft was good at FUD. They have nothing on Liberals. Oppose any of their policies and the consequences are ALWAYS world-destroying. Even this article is a fucking joke. 100 people make an inquiry. The article assumes the worst case scenario: every single one of them will leave, and Britain won't do anything to convince them to stay.
Britain isn't even close to being the engine it used to be. Most of the manufacturing over there has either gone low-key or gone away entirely. Sheffield used to be the steel manufacturer for the whole world but most of the big firms that used to exist are shadows - they barely have skeleton staff and they're selling their mining facilities over to India. The UK is still in the process of turning into a purely service based economy but without the EU behind it there won't be anything to serve.
Technologically speaking the UK is still behind even the US on internet infrastructure, and the US is shockingly bad. You have one choice for a sensible ISP in England in the form of BT, and they haven't really invested in anything beyond basic ADSL. 1MBit down is probably all you'll get for the most part. The only parts of England that aren't impoverished right now are London and maybe Cornwall, and anywhere people still take holidays is still going to be good for the money for a while. If London ships out then I expect large parts of the Greater London area will start to see sensible housing prices again. Also, it's not like the queen can move so there's always going to be some tourism there. It might even spur the local population a little, although it's only really blowing on the smouldering embers.
England has been a failing economy for a long time now. There are pockets of good amongst the bad but I haven't seen them really come up with anything original. A long winter is coming so I hope they can afford those fuel imports.
I'm more interested into raping 21-year-old boys than children. May I immigrate?
I'm also not a muslim! Seriously, there are muslims with bubbling ass and big cock in track suits everywhere, and they somehow easily go into gay sex as well, but I prefer licking and sucking on uncut penises.
Somebody voted Fart and is feeling grumpy today...
You realise this is fake news don't you?
Failing economy? Are you completely fucking retarded? The UK is doing better than most other economies in Europe even with Brexit priced in. And when it comes to broadband, something you seem to have a pea in your knickers about, I live in a small town and I've got BT Infinity. Yea - it's rolled out to most cities and towns in the UK these days. 1mb connections are mostly in rural areas.
Stop writing. You seem to know precisely FUCK ALL about the UK.
No; for voting for power-mad narcissists who sold you this narrative in order to gain the power to do things even worse than that.
They'll change their minds when they see the pool of mick labour they get to choose from. Hardly a rich seam of talent.
another FUD campaign...
If this is fake news then you should sell any shares and investments that you have in any companies based in the UK. Because any of them who are not looking to mitigate the impacts changes in trade barriers will have on their business would be completely stupid.
Heck I would go further to say if there was a piece that said no company was looking at leaving that it would be "fake news".
the spotlight of ignorance shines brightly on you
"The hands that help are better far than lips that pray." - Robert Ingersoll (1833-1899)
status as the only English speaking country in the EU after the UK leaves the trading bloc...
The Netherlands, Luxembourg, and basically half of Europe under the age of 30 would take issue with this statement. And I'll be damned if the Dutch aren't easier to understand than the Irish when speaking English ... or even when speaking Dutch.
I've had 70mb internet for around 3 years and that started when I was living in a small town. You clearly have no idea or are lieing.
>You're a traitor for not wanting your
>children raped by welfare migrants, or for
>not wanting to be controlled by distant
>unelected beauracrats?
As has been shown, there are no welfare migrants from the rest of the EU. "EU migrants" have higher tax vs benefit ratios compared to natives irrespective of country of origin. In addition, crime rates in those groups are also lower than the native average.
As for "unelected bureaucrats" controlling you, please clarify who you are referring to. But in general, the work carried out by EU civil servants (employees at the comission) would normally be carried out by national civil servants (I.e unelected bureaucrats), in case a country is not an EU member.
A company I work with is considering moving their manufacturing to China. At the moment they build products in the UK, but if tariffs come in then they might just as well build them in China where the labour is cheaper and pay those tariffs.
I'd love to know what deal the government did with Nissan. You can be sure that commitment will be big liability in any negotiations, as failure to get a good deal for them will presumably result in indefinite, unlimited financial support. Plus they need European charging networks to come to the UK if they want to meet their promise on supporting electric vehicles.
const int one = 65536; (Silvermoon, Texture.cs)
SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC
you still haven an empire to trade with.. oh wait... you stil have China and Russia to trade with... oh wait, you still have india to trade with... oh wait didnt they say they want full access to the uk personwise?
Well there still is the USA.. oh wait...
What do you want them to convince to stay, if they lose the european banking license by staying in Britain?
It is absolutely amazing in which reality disortion field the Brexit fans live. Half the world to trade with my ass. Getting full access to the european market without following its rules, good luck with that, ask Norway how that worked out.
Heck even India refuses to trade with the UK without getting full access to the uk labor market.
If you are lucky Scotland will stay with the UK, if you have bad luck you guys will end up as little britain.
Sorry that is the harsh reality.
But understanding thems numbers are hard...
If. Maybe. Perhaps.
None of it has happened. None of what was predicted to happen has happened. The triggering of the article to leave hasn't happened. The negotiations haven't happened. The ratification of the negotiations haven't happened...
Pointless.
Yeah guys you still are in the eu for the next 2 years and the pound is at an all time low. So you get basically currently the benefits of the common market - you hate so much, and a weak currency. But as soon as you are out things will look different if you cannot make good deals, and face it there is not to much you have as leverage.
Like Britain was some kind of financial wasteland until the EU formed and saved everyone?
The formation of the EEC (which later morphed into the EC under the UE) was driven in a large part by Britain trying to regain the international status it lost after losing the Empire post second world war.
I am TheRaven on Soylent News
Its very easy to sit in the cheap seats and parrot what this around you are saying. I guess you can feel smart and "with it" by doing so, but frankly its been wearing thin. So, I would love it if you take a moment and show off this maturity that you claim you have.
1. Trump provided position papers on immigration reform, the second amendment, supreme court nominations, veterans affairs, economics, and more. Each of these is detailed. I doubt that you read them. Perhaps take a moment to do so. Try coming to your own conclusions about where you agree and disagree before going to google to find what you are supposed to think. This is what a mature person would do.
2. When you search for similar content from the Clinton side, you will find it much more sparse and less detailed. Like many people, you probably just felt she was "right" on the issues since she was a self proclaimed liberal. Perhaps note that "right on the issues" has a chance to very from person to person. In fact, many of her campaign speeches were contradictory, as if she was pandering more than selling a vision. Do you think it is wise or mature to support a candidate who is fluid on issues? Try to find her policy papers and compare them with the Trump ones.
3. Mature people make decisions and evaluations based upon logic and fact. An immature person makes important decisions on emotion. In fact, an increasingly popular political strategy is to simply call names to make an argument instead of outlining a case. This is very effective because it almost impossible to defend against emotional contructs. For example, you can call anyone racist. Once the label sticks, it is hard to counter even if it is untrue. You seem to have a very negative view of Trump. Perhaps you should prepare a list and right out why. Then, if you are mature, cross of any comment that is emotional or name calling. You might find that you are the victim of mass media manipulation.
For example, a mature response could be "I dislike Trumps stand on illegal immigration. I believe open borders are a good thing. People, like ideas, should be able to flow freely. I see no major issues resulting from assimilating large numbers of people into a country's culture. Such ideas of nation are antiquated and not worth profiting."
An immature response would be "Trump is a racist."
See the difference? In the first case, people can have an honest discussion, trade ideas back and forth, and sharpen their understanding of the world. The racist comment leads to now growth. No ideas. No solutions. I would even argue that those who continually use such tactics have something to hide. You may want to see what it is.
"Liberalism is a very noble idea, currently controlled by some very bad people. Be sure you do not get the two confused.
And other hundreds are moving to France, others to Germany, Luxembourg, Belgium, the Netherlands ...
Bankers and car manufacturers don't come into British homes.
But the important thing is that the lower classes don't see anymore Polish plumbers, then they are content, no matter if the economy goes down the drain, the British plumber can't fix that.
You have one choice for a sensible ISP in England in the form of BT, and they haven't really invested in anything beyond basic ADSL
In most urban areas, you have a choice between a BT Openreach reseller (including BT Retail) or Virgin Media. In a few places, you also have LLU operators. Virgin Media uses fibre to the curb and coaxial copper to the premises. Their cheapest offering is 50Mb/s and they go up to 200Mb/s. BT OpenReach has been laying fibre to the premises and fibre to the curb under the BT Infinity brand for a few years now. I have fibre to the premises (living in a city that isn't in the top 150 largest in Britain) and have an option of packages from 52Mb/s up to 300Mb/s. The last-mile fibre should support 1Gb/s without further upgrades, so there's a fair bit of headroom in the infrastructure. I'm on the cheapest package, because I stopped caring about Internet speed at around 30Mb/s (and at work I have 1Gb/s to my laptop for the rare occasions when I really need higher speed for something). Before I moved, I'd been a Virgin Media customer for over a decade. I used to pay for their 1Mb/s connection back around 2002 when it was the expensive option. I kept buying their expensive option until it was 10Mb/s. When 10Mb/s was the cheapest. It became 20Mb/s and then 30Mb/s and they'd just bumped it to 50Mb/s when I moved.
From both of the major providers, 50Mb/s is the slowest connection that you can buy in any urban area. In rural areas, it's not as good: if you're in a small village then you're likely to be stuck with ADSL to an exchange that's quite a distance away. In quite a few of these places, you can get a faster connection with a mobile phone.
I am TheRaven on Soylent News
Those who voted Remain have a vision of the big international banks in the City fleeing the nation, that is the image they were sold by Project Fear. The reality is that less than 10% of London City trading requires us to be in the EU. More than 90% of it is UK domestic and non-EU trade. EU passporting could be maintained merely by having a satellite office in Dublin with a couple of dozen staff.
In the meantime the Dutch bank ING is actually moving staff INTO the City from Belgium in case Brexit stops it being able to trade in the UK.
I only please one person per day. Today is not your day. Tomorrow isn't looking good either. - Scott Adams
not wanting your children raped by welfare migrants,
Migrants from the EU are statistically less likely to be criminals, less likely to be claiming state benefits, and likely to be paying a higher tax rate. Now, if you're in a low-skilled job then you might have a convincing argument that you've suffered disproportionately from freedom of movement driving down wages.
not wanting to be controlled by distant unelected beauracrats
Which Bureaucrats are those? The European Commission employs around 30,000 civil servants. To put that in perspective, that's less than a tenth of the total number employed by the UK alone (and that's only counting ones employed centrally, not anyone employed by local governments). Or did you mean the European Parliament, elected via a party list system? You know, the one that Britain vetoed shifting power towards? Or the Council, composed of elected ministers from the member states? Or the Commission, comprised of one delegate for each country, nominated by their elected governments?
I am TheRaven on Soylent News
Staying, unemployed, in a country with an uncertain future, might not.
Ah, but you'd be warmed by your by the sacred inner patriotic fire and that would make it all worth it.
So it's pointless to tax employees, since they'll only demand more pay or be unable to work there at that salary and leave.
But employees pay taxes for the army, police, fire brigade and legal system, all of which, if employers shouldn't be paying taxes for, should be unavailable to those employers. Nope, copyright doesn't exist for Disney, only their employees. Nope, trademark doesn't exist for Nike, only their employees. Nope, contracts are unenforcable by your employer, only employees, because the courts and justice system enforce them. Roads go only to homes, not employees. No protection against arson, fire or theft, for the business places, only the homes of employees. No access to MPs by representatives of businesses, only by constituents and other taxpaying employees, representing themselves. No international trade deals brokered, because MPs arrange it and courts enforce them, so unavailable to corporations and unusable by the employees.
The South of England is doing OK. The UK, not so much.
1mb
A pet peeve of mine: people assuming that units are case-insensitive. Let me break it down:
m: milli-, a prefix meaning "1/1,000th of"
M: mega-, a prefix meaning "1,000,000 of"
b: bit, a single digital 1 or 0
B: byte, a set of 8 bits
What you probably meant was "1Mb/s", or a million bits per second. What you wrote, "1mb", means a thousandth of a bit.
10% of British banks maybe ...
All the European banks (BNPP, DB, SG, DB, ING ...) moved to London City based trading HQ during the 90s for tax reason because they could also free trade to EU from there.
Now they anticipate that within a 3 year, this "opportunity" will be gone. They've already prepared plans to withdraw from the city. You know that banks don't like incertainties, do you.
So earlier those bank moved their activities from Amsterdam, Brussel, Frankfurt or Paris to the City ... but thanks to brexit now they are on the go for a rellocation to some EU stable area.
As UK is moving to be a tax heaven, I anticipate that within a 5 year, UK will be on EU grey list that will only help to perform shadow banking activities but from which will not help to perform the core banking duties : thus, little money for UK's treasury & more money for the EU countries.
By the way, the rellocation of the EU financial&economic institutions in UK will be the first to kiss good buy. EBA will be the very first ...
I personally don't care of "project fear" or "rule britania". What I see is a stupid decision from an economic point of view for UK citizen, but a great decision for EU politics & economy on a middle term basis. Simply speaking, there has always been a gap between the continent and UK (think Yougoslavia, Irak War or even Syria ...). UK has prevented the creation of a EU international policy and of a unified intervention army to cool down hot spot that endanger our liberty. Now UK will have to solve their puzzle on their own : Beeing a US puppet, Divorce with Scotland, Tax haven or not, Royal Familly & al.
By the way, I do hope that in France the next president will tear appart the Touquet traitee and ask the UK gov to perform their duty. You want imigrants ? Go and handle them. I don't see why FR should take responsability of cleaning a neighbour's drain.
As a global consequence, I also anticipate that the idea of EU Federation will be put on the table and that there might be room for citizen acceptance after the current period of nationalism backdraft is gone.
From a bad thing always come good things.
Only one of them librul dummycrats could advocate something so socialist, right? http://www.econreview.com/events/wageprice1971b.htm
No one operating in the city of london wants to leave. Just like celebrities who promised to move to Canada.
It was driven by the need to stop Germany invading France again. The UK wasn't even in it at the start.
Confucius say, "Find worm in apple - bad. Find half a worm - worse."
Britain was not doing to well before joining the EU the commonwealth which was a replacement for the empire was not working out for britain to well.
So go figure, basically joining the eu was britains way out of a major recession.
The UK is doing better than most other economies in Europe even with Brexit priced in..
The pricing in of Brexit has just begun. That pricing in will continue for the next two years after art. 50 is triggered and it will continue for at least a decade after that. So far the Brexit process has proven to be so shambolic that it has had the effect of making people in other European countries take second look at the idea of staying in the EU which has led to significant improvements in EU approval ratings. The reason the UK is still doing fine is that you are still at the beginning of a long journey that has an uncertain destination and businesses don't like uncertainty. You can expect a whole bunch of businesses to just bail out rather than wait 10 years to find out exactly what the post Brexit world will look like, and then to have to wait another decade to find out if the Brexit experiment will pan out. The Brexit fun will only begin for real one or two years after art. 50 is triggered and after that Brexit will be a rollercoaster. If you want any indication of what that means Donald Trump's incoming trade secretary Wilbur Ross just called Brexit a "God-given opportunity” to steal business from the UK. That right there is a rational assessment of Brexit from an ice cold predatory capitalist. The sharks are in the water and they small blood.
Ah yes, "disagreement is treason" from the fascist list.
I'm Irish and a big Trump supporter. As for the 100,000 financial sector jobs, they won't move to Ireland. Ireland doesn't want the financial sector jobs from the UK, as they're not the real economy and would just create a false economy and inflation with not enough benefits. The government even said as much.
Broadband? Your country is the size of the US state of Alabama. The logistics are quite different, especially when you consider how much of that is rural or damn near. I'm talking about 46 million people, representing ~15 percent of our population and somewhere around 70% of our entire land mass. This makes rolling out and maintaining broadband for all of that area and all of those people incredibly, super-substantially expensive. It negates anything about that being remotely lucrative or business smart and the rest of us get to pay the price in oh so many ways.
I am surprised you have managed to hit a score 5.
Brought to you by Carl's Junior.
"Yes we do. He'll choose the option that makes the most profit (for him)."
Nope, his company is America Inc. now. He'll choose the option that makes the most profit for America, or at least try. Don't be so damn negative on everything all the time.
You (apparently) started off making some legitimate points. I'm an independence-inclined Scot and Remainer with zero need or inclination to apologise for Little Englanders who want to go back to the 1950s and still act (and think) with delusions of grandeur like the British Empire hasn't been over for well over half a century.
This doesn't change the fact that by the second paragraph, it's obvious that you don't have a clue what you're talking about. I'm guessing you formed your half-baked idea of the United Kingdom from reading a few isolated scraps and filled in the rest with guesswork and misleading stereotypes.
The "1MBit" Internet speed thing has already been debunked, but your assertion that Cornwall "maybe" ranks along London as the most prosperous part of the United Kingdom shows how much you're pulling out of your arse.
Yes, London's service-based economy *is* undeniably prosperous for those working in it- at the expense of unbalancing that of the UK as a whole. (The flip side being that ludicrously expensive- and rapidly increasing- housing prices and high cost of living are making London virtually unliveable for anyone who *isn't* in the type of jobs that pay such inflated salaries).
Cornwall, though? You don't have a fucking clue. Cornwall is actually one of the poorest parts of the UK.
Not that I have much sympathy for them since they voted to cut their own throats. But Cornwall prosperous? Get a ******* clue.
"Slashdot - News and Chat Sites Deviant". (Click "homepage" link above for details).
Maybe Ireland will bail you out when your next enormous bet on the property market going up forever goes belly up. But I doubt it.
Remind me why there aren't thousands of bankers in prison?
The South is very dependent on financial services. Depending on how brexit goes a fair bit of that might be lost to Frankfurt or Paris.
Confucius say, "Find worm in apple - bad. Find half a worm - worse."
On Parliament, the Government, and, hopefully, me.
Now we know where these traitors stand and where they will be.
Interesting to see traitorous activity be defended.
Twitter supports and protects racists - by smearing their critics with the "Hate Speech" label.
A company I work with is considering moving their manufacturing to China. At the moment they build products in the UK, but if tariffs come in then they might just as well build them in China where the labour is cheaper and pay those tariffs.
So that company wants pliant labor that has no leverage.
Twitter supports and protects racists - by smearing their critics with the "Hate Speech" label.
If this is fake news then you should sell any shares and investments that you have in any companies based in the UK. Because any of them who are not looking to mitigate the impacts changes in trade barriers will have on their business would be completely stupid.
Heck I would go further to say if there was a piece that said no company was looking at leaving that it would be "fake news".
You do realize that Brits voted to leave the EU , not the EEA? You don't even know the difference, do you?
Not that I have much sympathy for them since they voted to cut their own throats. But Cornwall prosperous? Get a ******* clue.
Consider that the policies of the past 40 years might have given rise to what exists today.
Twitter supports and protects racists - by smearing their critics with the "Hate Speech" label.
With their customers?
Nope, but nice try.
Twitter supports and protects racists - by smearing their critics with the "Hate Speech" label.
The UK did NOT "vote for Brexit". It was a referendum. A poll, if that's easier for you to understand. There is no law or legal obligation to actually go out and withdraw from the EU as a result. The current government, a right-wing government (Trump), agreed with the outcome of the poll and hopes to stay in power by implementing the result preferred by 51.9 percent of the people. They have no legal obligation to do this. They have already lost one legal challenge, which they are appealing and will likely lose a second time.
~_~ Not tonight, dear, I have a modem.
the spotlight of ignorance shines brightly on all those that chose to remain in the EU.
FTFY.
Twitter supports and protects racists - by smearing their critics with the "Hate Speech" label.
Migrants from the EU are statistically less likely to be criminals, less likely to be claiming state benefits, and likely to be paying a higher tax rate. Now, if you're in a low-skilled job then you might have a convincing argument that you've suffered disproportionately from freedom of movement driving down wages.
You've been under a rock for the last 40 years and must be quoting turn-of-the-20th-century claims. Replacement migration is a thing.
You hear of a major crime, it's likely not to be caused by a citizen. You hear of intimidation, it's likely to be caused by a non-citizen.
Twitter supports and protects racists - by smearing their critics with the "Hate Speech" label.
Actually, in a tight labor market,
That hasn't really existed since the .com era.
Twitter supports and protects racists - by smearing their critics with the "Hate Speech" label.
100 people make an inquiry. The article assumes the worst case scenario: every single one of them will leave, and Britain won't do anything to convince them to stay.
Your failure is one of imagination. The worst case scenario is that these 100 people represent thousands more, and what's more, since they're bothering to write a letter and not do absolutely nothing, there's a better-than-average chance that these people actually will leave.
"You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
if you're in a small village then you're likely to be stuck with ADSL to an exchange that's quite a distance away. In quite a few of these places, you can get a faster connection with a mobile phone.
Do you not have local WISPs there? I pay $99/mo for 6/1 but that's still better than what I would get with a cell.
"You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
WTF is an article from the bloody Mirror, viz. tabloid junk, doing on Slashdot?
Sincerely,
Anonymous and Annoyed
London, UK
Just for you I'll explain.
Those financial firms (many of them US banks) cater to the EU rather than Britain. While Britain was in the EU it made sense to set up shop in London. Good place to live, they speak English over there, good timezone, good communications, adequate and halfway familiar legal environment, sufficient critical mass of a raft of supporting firms, relatively liberal trading rules (for Europe), their customers just a phone call or a 1-3 hour flight away, and zero complications doing business with anyone else in the EU. That's what the EU was designed for. Life was good.
Various other EU countries might have preferred the seat of all that financial service to be in their own country instead of London. Financial firms provide high quality jobs and have a high (taxable) turnover. Only they couldn't do shit about it. EU guarantees free exchange of services and the most influential players (US banks) happened to prefer London. Not in the last place because London and the UK really listened to industry demands (knowing full well what they stood to lose if they didn't). So London it was. End of story.
Enter Brexit.
Brexit means the UK leaves the EU and has to negotiate terms on which to continue trading. The most basic terms of free trade (WTO--level) ensure free movement of goods but NOT free movement of services. Which EU membership guarantees, only that's what Britain is ending. So Britain is very much the asking party here.
Anyone prepared to bet that other EU countries (like Ireland) will be eager to let Britain keep all that yummy taxable business? And those jobs? When they can simply negotiate away London-based firms' comfy access to the EU, grab the jobs and (part of) the revenue? Really?
Those financial firms sure aren't. The incoming US commerce secretary Wilbur Ross (see http://www.npr.org/sections/th... ) isn't (see http://www.mirror.co.uk/news/u... ). I wouldn't either.
People who bet that Britain will keep providing financial services to Europe surely aren't picking the best odds here.
If you wish to trade as a European company, you have to be INSIDE Europe.
UK is not going to be inside Europe, Ireland is.
The law is the law.
If they wan to trade in Europe from outside, they are welcome to, but pay tariffs.
The UK did NOT "vote for Brexit". It was a referendum. A poll, if that's easier for you to understand.
Semantics. There was a referendum on whether or not the UK would leave. Whether or not the result is binding is immaterial in this context; more people voted for leave than did remain. (I didn't, as it happens, so don't bother lumping me in with the "Brexit means Brexit" crowd.)
There is no law or legal obligation to actually go out and withdraw from the EU as a result.
Technically true, but actually going against the result would be political suicide even if the whips could manage it.
The current government, a right-wing government (Trump), agreed with the outcome of the poll...
No more right-wing than the last one*, and fuck all to do with Trump. It's debatable whether or not they agree either; the government's official position before the vote was to remain in the EU. We have disingenuous frauds like Farage, duffers in the Tory back benches, a lacklustre remain campaign and unprincipled media outlets to blame for the leave vote.
...and hopes to stay in power by implementing the result preferred by 51.9 percent of the people.
Well, duh. Of course they hope to stay in power, have you ever seen a politician who didn't?! The result was actually 37.4% of the electorate voting for leave, vs. 34.7% voting remain. Only 26.7% of "the people" voted to leave the EU. Sorry if that sounds petty but I cringe whenever I hear a politician waxing lyrical about their so-called mandate from the people when they have don't even have a majority of the electorate behind them.
They have no legal obligation to do this.
No, but as said earlier they'd be insane not to follow through. The best they could hope for is a second referendum on whether to accept the terrible deal we'll end up with.
They have already lost one legal challenge, which they are appealing and will likely lose a second time.
You're talking about the high court ruling, which was that the government cannot trigger Article 50 to begin the process of leaving without a parliamentary vote first. On face value one might think that they really want to leave, but the government is likely just worried that either MPs (on both sides) will not vote in favour of leaving or that somehow the UK will tip its hand when it comes to treaty negotiations, so they want to be able to start the leaving process without public scrutiny. In reality I don't think the government wants to leave the EU any more than I do but that's Cameron's fault for not standing up to the old guard in the Tory party and giving us a referendum in the first place.
*So far, anyway. I'm of the opinion that home secretaries make bad PMs: their job is to maintain order and they tend not to be too concerned about liberty when they go about it. When they have that mindset and actually have the power to follow through on it we end up with things like the snooper's charter.
If God forks the Universe every time you roll a die, he'd better have a damned good memory.
Posting from rural Shropshire - 10 miles from the nearest town.
We've got 78 Mbps BT Infinity FttC, too.
There's still spots in the UK with poor / no broadband, but it's improving due to an investment program.
We're not rolling around in a golden age; there's plenty of problems with home pricing, homelessness, and the like. But we're also not a failing economy, with 1MBit down. That's complete crap.
Articles from the Mirror and the Guardian - both pro Remain, suggesting the end of days is coming?
Don't get me wrong - I'm a Leave voter who's aware there will be complications and financial issues ahead. But this is like citing the New York Times for their balanced views on Trump.
Alarming that they might be about to lose the unrestricted access to a common market that they have enjoyed for decades.
Catastrophic if they do lose it without having hedged their bets somehow first.
Of course 100% of the firms (and their employees) won't leave. But are 100% of them thinking about this? They sure as shit are.
Is this really so hard to understand?
You cannot have one without the other. Ideally corporations and human beings are a symbiotic relationship and not a parasitic one.
“Common sense is not so common.” — Voltaire
Your failure is one of imagination. The worst case scenario is that these 100 people represent thousands more, and what's more, since they're bothering to write a letter and not do absolutely nothing, there's a better-than-average chance that these people actually will leave.
Part of my job is long-term strategy and contingency planning. A common occurrence is to send out RFCs or similar for and against the same course of action to get more information. With your reasoning, I have "better-than-average" odds of both doing and not doing a course of action. Fancy yourself an overunity machine enthusiast?
Time to dial down imagination and put one foot in the boardroom.
Whatever will we do with our sudden lack of ice cold predatory capitalists, trump lackeys and bankers!
Whatever will we do with our sudden lack of ice cold predatory capitalists, trump lackeys and bankers!
Dunno, but you'll definitely be doing a whole lot less with the 10% of your tax base that they represent and that will migrate to Germany/France/Ireland as the bonfire of the ideologies otherwise known as Brexit starts to unfold.
I think you may have it the wrong way around. An Anglo-French union was stopped by the invasion of France by Germany (there was to be the June 1940 "Declaration of Union" between Great Britain and France with the full backing of the UK cabinet). It's also worth noting that Churchill was one of the founders of the United Europe Movement.
Right, because voting for putting your own country's interests first is a traitorous act? Only a globalist puppet would try to make such an argument. You fools have been so brainwashed that you believe up is down and day is night.
No, dummy. Putting foreign interests ahead of your own, putting unelected foreign bureaucrats in charge of your country's policy is traitorous.
Well, arguably some of them voted to add £350 million / week to the NHS budget. Some of people voted to reduce the influx of low-priced Continental labor into the UK.
However the unspoken corrollary of "Brexit means Brexit" is that Brexit means none of those other things people were voting for.
Post may contain irony: discontinue use if experiencing mood swings, nausea or elevated blood pressure.
Migrants from the EU
I suspect the OP was referring to migrants who were not (originally) from the EU.
As if the right doesn't go on psychotic rants about the secret atheist satanist Muslim in the White House who was going to destroy America? Or how about screaming bloody murder about Obamacare, which was mostly just rebadged Romneycare?
Fuck off. I was born there. My family still lives there. My passport is UK issued. Watch "The Full Monty" if you want to see my home town.
I'd tell you all about the decline of my local community if you weren't a stuck up fucking dipshit prick.
Just because a story has an editorial slant that you don't like, that doesn't mean it's fake news. Fake news is shit like "Obama has banned the pledge of allegiance" or pizzagate.
Sure sounds like it. The remain crowd said the market would crash. The anti-Trump crowd also made numerous brain-dead predictions that have already been proved false.
See here's how you can tell all of the socialist fake news posters:
Socialists always think they can see the future. Five year plan and all that.
The rest of us, we don't have a crystal ball and are just prepared to roll up our sleeves, work hard and deal with it. And not be whiny little bitches.
You (apparently) started off making some legitimate points. I'm an independence-inclined Scot and Remainer with zero need or inclination to apologise for Little Englanders who want to go back to the 1950s and still act (and think) with delusions of grandeur like the British Empire hasn't been over for well over half a century.
This doesn't change the fact that by the second paragraph, it's obvious that you don't have a clue what you're talking about. I'm guessing you formed your half-baked idea of the United Kingdom from reading a few isolated scraps and filled in the rest with guesswork and misleading stereotypes.
The "1MBit" Internet speed thing has already been debunked, but your assertion that Cornwall "maybe" ranks along London as the most prosperous part of the United Kingdom shows how much you're pulling out of your arse.
Yes, London's service-based economy *is* undeniably prosperous for those working in it- at the expense of unbalancing that of the UK as a whole. (The flip side being that ludicrously expensive- and rapidly increasing- housing prices and high cost of living are making London virtually unliveable for anyone who *isn't* in the type of jobs that pay such inflated salaries).
Cornwall, though? You don't have a fucking clue. Cornwall is actually one of the poorest parts of the UK.
Not that I have much sympathy for them since they voted to cut their own throats. But Cornwall prosperous? Get a ******* clue.
I lived in Cornwall. Too expensive for locals to live there properties are worth a fortune David Cameron's favourite haunt and lots of retired actors. Edward Woodward was living on the coast there before his death his actresss wife still lives there. Nice weather in Cornwall you get very few council properties in Cornwall they are all privately owned properties.. So quiet and laid-back love it! I just cannot afford the prices.
Poland nobody wants to live in Poland not even the Polish. Hungary Hungarians college professors get paid less than a U.K. roadsweeper I spent almost a year there. I wished Cornwall was poor just so I could afford the prices and I am not poor. I did manage to live in Devon, Newton Abbot a stone throw away from Cornwall for 4 years.
You don't think trillions of £ wiped off the housing market alone is catastrophic?
Thank goodness, that also means porn is technology. Now, if you'll excuse me I have a lot of research to cactch up on.
Britain leaving the EU will be the best thing to happen to Britain. The EU is done. This is non-story.
And that's just the crimes we know about. Europe is happy to not only continue importing millions of barbaric criminals, they want to cover of the refugee crimes so the public doesn't know about it.
Police cover up rapes: http://thedailyjournalist.com/...
Swedish police have a special code to hide a Muslim immigrant attack: http://www.frontpagemag.com/po...
It's a question of what we are willing to give up. The EU has all the cards, so everything has to bargained for. Do we give up Gibraltar for access to the common market? Give up passporting to preserve Nissan's tariff free exports?
const int one = 65536; (Silvermoon, Texture.cs)
SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC
Oh yeah. Go eat a spotted dick.
Brought to you by Carl's Junior.
If you are looking to buy a home it's a godsend. Locals being priced out of their own country is catastrophic.
Oh sorry, I forgot. Your our 51st state. I request that you please take that inbred royal family of yours and shove them up your ass. We really don't need that in our country.
Brought to you by Carl's Junior.
Wilbur Ross said that before he joined Trumps team. Since then he's set securing a free trade deal between the US and Britain one of his top priorities. That is to say, that the UK will be at the front of the queue.
What is wrong with your brain? Who gives a shit about Alabama? Some twat said the UK economy was failing, with ISP ADSL 1Mbit broadband. Fucking retard.
There's lots of fake news that isn't explicitly political. This *could* be fake news, but I see no reason to believe it is. But just being economic doesn't make it fake news.
(FWIW, I think it probably *is* incorrect news, but not for the reasons indicated, but because it's being too rosy-optimistic. And possibly not intentionally so, but only because they can't bring themselves to look at the general world picture and imagine how bad it's likely to get.)
I think we've pushed this "anyone can grow up to be president" thing too far.
You've got the wrong country. Of course, the problems you raise are related to the article being commented upon, but it's a second- or third-hand relationship.
Still, since they're all happening at the same time, they will interact in patterns of reinforcement and cancellation. But trying to model everything at once is too complicated to do. It's bad enough trying to model *just* BREXIT, or *just* Trump.
I think we've pushed this "anyone can grow up to be president" thing too far.
I'm familiar with the transatlantic difference, but I'm not completely convinced that's what he meant. He didn't say "neoliberal" (the pejorative of choice when "globalists" just won't do) or Lib Dem; he said liberal. Liberalism in its original meaning could align with open borders and markets but there are also multiple elements of the EU it does not align with. From what I saw, the rhetoric of outspoken classical liberals fell (rightly or wrongly) mostly on the side of leave. Overall, I'd lay 2:1 odds he meant liberal in the typical American sense of the term.
You have one choice for a sensible ISP in England in the form of BT, and they haven't really invested in anything beyond basic ADSL. 1MBit down is probably all you'll get for the most part.
It sounds like you have read the rants from people living in poorly served rural areas and taken them as representive of the country as a whole.
Most people have a choice of ISPs as BT was forced to open up their access networks to comptitors at a variety of levels. As far as access speeds go BT and their compeitors have been pushing out newer versions of ADSL and BT openreach have also been doing a major rollout of FTTC with VDSL for the final connection to the customer.
Yes there are still "not-spots" where the service sucks for various reasons. Not all cabinets have FTTC, some people are too far from the cabinet for FTTC to work, some phone exchanges are still on 20CN which limits ADSL speeds and leads to high costs for ISPs.
Cable is arround too. Where it is available it offers better downstream speeds than openreach FTTC but worse upstream speeds. Unfortunately the regulator hasn't forced Virgin Media (the result of a string of cableco mergers) to open up their network to competition so if you want to use a cable connection then you have to use Virgina Media as your ISP.
note: i'm known as plugwash most places but i screwd up registering that here somehow in the past and now can't register
I call bullshit on your comment. The EU has no trade deal with China. It has a "trade and cooperation agreement" signed in 1985, which is just a most-favoured nation agreement. So if there are tariffs your company is paying them already.
What the fuck is wrong with you? The Brexit vote was in the United Kingdom. It's got fuck all to do with the USA and Trump. It happened 3 months before Trump was even elected, and in case you didn't know, it happened in a completely different country. It wasn't "just a poll". The legal challenge concerns whether or not the government can invoke A50 without a vote in Parliament. There was a vote in Parliament in any case on a minor motion, passed with a huge majority. The court case is simply going to affirm the limits of Royal Prerogative powers in the UK, meaning there may have to be primary legislation before A50 can be enacted. So what? Parliament is not going to vote it down.
WTF is it with people on Slashdot? They don't seem to have the first fucking clue what's going on here.
Except that isn't true. Top 3 reasons for voting to Leave: (1) The principle that decisions about the UK should be taken in the UK, (2) Regain control over immigration and borders, (3) concern about the EU expanding its membership and powers.
You do realise that most of the civil servants employed in the UK are members of quangos involved in the implementation of EU law and regulation, don't you? The EU outsources its civil service to member countries.
But you have to look at marginal effect; the election was won by a 3.8% margin. That means if roughly 600,000 people out of the 33 million who voted were swayed by those arguments (which were in fact made) then the election would have gone in a different direction.
Ultimately all elections are won by coalitions, not by homogeneous blocks of voters. Why the *major* reasons people vote a particular way are in fact important, unless they are decisive for a majority of voters then small contributors tot he winning coalition can play king-maker.
Post may contain irony: discontinue use if experiencing mood swings, nausea or elevated blood pressure.
They can but I don't see the point of arguing this way. What is the government going to do, hold another referendum to be sure? That's precisely what happened in Holland, France and Ireland - keep voting until you vote the way we want you to. The British people aren't going to fall for that. In any case on a constituency basis the vote was 66% in favour of leaving - and constituencies are how MPs get elected.
That's what I mean. Might as well pay those tariffs and benefit from cheaper manufacturing, rather than pay a bit more for manufacturing in the UK but compensate by having tariff free access to the EU.
const int one = 65536; (Silvermoon, Texture.cs)
SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC
Before Britain joined the EU we were known as the 'sick man of Europe'.
I'm in the UK, writing this reply on an 0.6 MB "broadband" connection.
It's too slow for youtube or anything like that. Streaming audio is unreliable, and Google search takes uncomfortably long to load results.
The contract says "up to 8MB". I'd use mobile, because it's much faster than ADSL here, but there's no signal in the house.
This is 2km from the phone exchange.
The UK is doing better than most other economies in Europe even with Brexit priced in.
That's a low bar. The UK is a mess economically at the moment and for the foreseeable future, but most countries in Europe are in more of a mess, so we can pat ourselves on the back.
It seems like people want to talk about trump more than this article, so this might be a little off topic.
What seems like the most interesting piece of this article is how a little country like Ireland is using the xenophobia of global leaders like the UK to it's own economic advantage through economic planning. Already Dublin is as big a tech hub as London, and there are areas of London where they talk about a Techexit to Ireland because of Brexit. Is it possible that in 10 year Dublin will be as important as London economically?
If the US under Trump goes down the same road as Brexit which countries will profit?
Actually it was in a very sorry state, winter of discomfort and all that.
Maybe you should know better before opening your big mouth.
Televisions, computers and cellphones are pretty nice.
Modern technology usually requires significant capital that cannot be easily raised by a single person. Yet it tends to become quite straightforward with a legal construct such as a corporation or partnership. (same thing essentially, unless you're a lawyer then you charge different amounts for the filing paperwork)
I suppose we could operate everything as an organ of a national government, but I would argue that is probably a degenerated form of the same thing and still a corporation. We could informally agree to cooperate and not form a corporation to achieve shared interests, but that seems risky as everyone could operate independently on any common assets. If we make it formal, then we've formed some kind of corporation. While maybe it's not literally called a corporation because of definitions that differ in various jurisdiction or legal or tax advantages for using a similar but distinct legal instrument. But it still is a corporation in the general sense of the word. Examples include: limited liability company (US), limited company (UK), Gesellschaft mit beschränkter Haftung (DE, basically means limited company in German), and limited partnership (subtle differences that don't matter for this discussion).
Fun wikipedia quote: "Corporatist types of community and social interaction are common to many ideologies, including absolutism, capitalism, conservatism, fascism, liberalism, progressivism, reactionism" -- https://en.wikipedia.org/wiki/...
“Common sense is not so common.” — Voltaire
We now know where these traitors stand and where they will be.
Twitter supports and protects racists - by smearing their critics with the "Hate Speech" label.
This.
I don't remember the UK being a completely backward shithole with no access to trade in Europe before the European Union.