10% of Lloyds business hardly even worth a news item? You really are deluded, thin end of the wedge sir, good luck to you, you are gonna need it!
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[Politics] Brexit
- Thread starter KingstonSeagull
- Start date
10% of Lloyds business hardly even worth a news item? You really are deluded, thin end of the wedge sir, good luck to you, you are gonna need it!
ManOfSussex
We wunt be druv
Probably/maybe/possibly. If only we had someone on NSC who worked in the sector..............Oh hang on [MENTION=522]Kinky Gerbils[/MENTION]
And when they realise that they can operate more efficiently from Brussels and have access to the world from there it won't take a wild leap of faith to scale back UK operations, and increase in Europe.
ManOfSussex
We wunt be druv
Baldseagull
Well-known member
An initial 100 jobs go to the EU, how many initially went to Singapore?
We don't know how much will shift out of London in the end, but the trickle has started.
Absolutely. Nobody believed it. I wonder, then, why a remainer should cite it as part of his argument.........................
People are taking the risk to the open skies agreement seriously here, and speaking to other companies at the airport they are as well.
The threat to airlines is real, Virgin have announced they expect 2017 to be a loss making year, we are big enough to take a hit - but for how long before we see a price rise?
Virgin Atlantic have been making profits for the past 3 years in a row before someone trots out the "easy to blame brexit for bad business sense"
another point was raised in a meeting the other day, EU rules mean that companies can only be owned up to 49% by non EU companies - ie Delta can only own 49% of Virgin Group, this however is no longer the case.... will this affect anything? who knows, but a rule protecting us is no longer going to be there.
I am not sure about flights to the EU, as it is not something we do.
In view of the amount of doom and gloom being forecast today by some remainers, I feel that said remainers should perhaps refrain from using the word 'trickle', lest another phrase beloved of some NSCers should rear its ugly head!
Baldseagull
Well-known member
10% of their business would produce around £210,000,000 in pre tax profits.
ManOfSussex
We wunt be druv
Of course nobody believed one of the central points of the leave campaign. Absolutely nobody. I wonder, then, why Boris Johnson was kept out of the limelight this week?
Baldseagull
Well-known member
Fingers and legs crossed then, I don't get a chance to use the word flood.
JC Footy Genius
Bringer of TRUTH
- Jun 9, 2015
- 10,568
I doubt £650 million investment would be heading to Heathrow if there was any realistic chance of the doomsday scenario occurring, do you? World's biggest sovereign wealth funds not good enough then.
Albumen
Don't wait for me!
http://news.sky.com/video/why-people-have-mixed-emojis-about-brexit-10817439
Is the woman 13 seconds in over 63 years old? I doubt it. How the hell does she know it was a nice country before the EU unless she was at least 20 in 1973? Brexit voter.
Is the woman 13 seconds in over 63 years old? I doubt it. How the hell does she know it was a nice country before the EU unless she was at least 20 in 1973? Brexit voter.
You are more than likely right, but to suggest airlines are not worried and dismissing the problem is foolish - they are 100% are - the ones that fly to the EU more so - Norwegian Air are taking the piss with some of the rates they charge, which UK companies are struggling to match at the moment - this will be even harder moving forward.
It goes back to the point I made yesterday, we have 2 years to sort out massive issues - with each sector suggesting they have the biggest impact on the UK and will take months to sort out.
ManOfSussex
We wunt be druv
[MENTION=522]Kinky Gerbils[/MENTION] has indicated that people in the sector, such as airlines, are taking the threat to the Open Skies agreement seriously and I haven't read any definitive clarity over the aviation question anywhere or heard anyone from our Conservative and Unionist Party Government provide reassurance over the issue.
I'm sure everything will probably be okay though.
Airlines tend to start publishing flights 11 months from departure - that is not that far off.
beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 36,029
the trickle has been there for years, offices move, jobs come and go. last week Deutsche Bank took out new lease on offices in London, as one counter example to this claim of an exodus. companies will move some operations to EU, meanwhile their will be some EU based firms looking to move operations to London to maintain access to the markets here. some will see risks, some will see opportunities.
its like the stories of the airline above: Heathrow investors are continuing because they see the long game, while Ryan air claims they will move operations looking for short term gain (its hardly a surprise they see growth elsewhere than the saturated UK market). its going to be a long couple of years pouring over every claim and counter claim, most of which will be full of bias and bluster to furnish agendas, probably a good idea to switch off from the whole thing and come back in 2019 to see what the final score is.
Have you no heard of the Great Repeal Bill, the White Paper for which is due to be published today?
https://www.instituteforgovernment.org.uk/brexit-explained/brexit-explained-great-repeal-bill
This will enshrine all the European laws from the last 40 years into British law, so there will be no sudden black hole in the legislation. Parliament can then decide as and when which bits it repeals or replaces. Presumably, then, this rule will still apply, and if Parliament thinks it is a good thing they won't change it.
ManOfSussex
We wunt be druv
What did she think was nice about 1973? The petrol crisis, strikes, Bloody Sunday, The Cod wars?
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