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Originally posted by CambridgeEagle
I do think it's possible to make Brexit work for Britain, but you have to be realistic over immigration and get the fiscal policy right. The Tories' plans are not, in my opinion, adequate to make a success of it. Their direction of travel will see us worse off economically and socially than we would have been inside the EU. The EU though is in need of reform and if we were able to get a good exit deal for the country as a whole and reform economic policy it could be better outside, but the chances of that appear slim. Haha, the financial expert with his crystal ball!
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Originally posted by CambridgeEagle
I do think it's possible to make Brexit work for Britain, but you have to be realistic over immigration and get the fiscal policy right. The Tories' plans are not, in my opinion, adequate to make a success of it. Their direction of travel will see us worse off economically and socially than we would have been inside the EU. The EU though is in need of reform and if we were able to get a good exit deal for the country as a whole and reform economic policy it could be better outside, but the chances of that appear slim. I agree that the EU needs reform but do the noises from Brussels suggest they see the need for reform? Neither Tusk nor Juncker seems particularly keen on conciliation. No deal is better than a bad deal. When the exports from Wolfsburg and Munich start dropping, they will change their tune.
"That was fun and to round off the day, I am off to steal a charity collection box and then desecrate a place of worship.” - Smokey, The Selhurst Arms, 26/02/02 |
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Originally posted by legaleagle
Looks like the insurance industry are already changing their tune,from a UK one to an EU tune.. "February:More than half of the UK’s top business leaders believe the country’s decision to leave the European Union has already begun to produce negative effects, according to polling firm Ipsos MORI. In its annual Captains of Industry study, 58% said their businesses had already suffered from planned withdrawal. "April:Moore Stephens survey reveals that over 40% of UK insurance firms intend to change their operation models due to Brexit. The top three locations for those looking to create operations in other jurisdictions were Ireland, Luxembourg and Germany. May:many insurers are making plans to move some parts of their business away from London. Lloyd’s and AIG are among those looking to move people to other parts of the EU so that they can keep doing business with the remaining 27 EU nations." Yup,its all really starting to smell like roses and hard Brexit euphoria awaits.... Meanwhile,in the real world this week... "Wages, after adjusting for expected inflation, will fall over 2017, which would make this the first calendar year of negative growth in four years, according to revised projections from the Bank of England....inflation will outstrip wages, spelling negative real wage growth - the first time this has occurred since 2013, when prices rose 2 per cent and wages just 1.5 per cent." Lloyds and AIG are moving numbers in the teens to Europe. The underwriting will still be done in London. London is still the centre of the Worlds insurance industry and around 15% of income is coming from Europe. More lucrative endeavours are in building business with the developing world economies.
"That was fun and to round off the day, I am off to steal a charity collection box and then desecrate a place of worship.” - Smokey, The Selhurst Arms, 26/02/02 |
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| hedgehog50 |
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Originally posted by legaleagle
Looks like the insurance industry are already changing their tune,from a UK one to an EU tune.. "February:More than half of the UK’s top business leaders believe the country’s decision to leave the European Union has already begun to produce negative effects, according to polling firm Ipsos MORI. In its annual Captains of Industry study, 58% said their businesses had already suffered from planned withdrawal. "April:Moore Stephens survey reveals that over 40% of UK insurance firms intend to change their operation models due to Brexit. The top three locations for those looking to create operations in other jurisdictions were Ireland, Luxembourg and Germany. May:many insurers are making plans to move some parts of their business away from London. Lloyd’s and AIG are among those looking to move people to other parts of the EU so that they can keep doing business with the remaining 27 EU nations." Yup,its all really starting to smell like roses and hard Brexit euphoria awaits.... Meanwhile,in the real world this week... "Wages, after adjusting for expected inflation, will fall over 2017, which would make this the first calendar year of negative growth in four years, according to revised projections from the Bank of England....inflation will outstrip wages, spelling negative real wage growth - the first time this has occurred since 2013, when prices rose 2 per cent and wages just 1.5 per cent." Crikey, I didn't realise the seriousness of Bexit. In hindsight I can see that we should have put up with uncontrollable immigration, EU laws overriding British ones, surrender of our fishing grounds, and being part of a price-rigging cartel that impoverishes African farmers while keeping French farmers in four-wheel-drive cars, just so that a couple of insurance companies would stay in the UK.
We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men. [Orwell] |
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| .TUX. |
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Originally posted by legaleagle
Looks like the insurance industry are already changing their tune,from a UK one to an EU tune.. "February:More than half of the UK’s top business leaders believe the country’s decision to leave the European Union has already begun to produce negative effects, according to polling firm Ipsos MORI. In its annual Captains of Industry study, 58% said their businesses had already suffered from planned withdrawal. "April:Moore Stephens survey reveals that over 40% of UK insurance firms intend to change their operation models due to Brexit. The top three locations for those looking to create operations in other jurisdictions were Ireland, Luxembourg and Germany. May:many insurers are making plans to move some parts of their business away from London. Lloyd’s and AIG are among those looking to move people to other parts of the EU so that they can keep doing business with the remaining 27 EU nations." Yup,its all really starting to smell like roses and hard Brexit euphoria awaits.... Meanwhile,in the real world this week... "Wages, after adjusting for expected inflation, will fall over 2017, which would make this the first calendar year of negative growth in four years, according to revised projections from the Bank of England....inflation will outstrip wages, spelling negative real wage growth - the first time this has occurred since 2013, when prices rose 2 per cent and wages just 1.5 per cent." Predicted by many a long while ago, regardless of Brexit.
Buy Litecoin. |
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Originally posted by matt_himself
Lloyds and AIG are moving numbers in the teens to Europe. The underwriting will still be done in London. London is still the centre of the Worlds insurance industry and around 15% of income is coming from Europe. More lucrative endeavours are in building business with the developing world economies. Yep, more scaremongering from Rumpole !
Pro USA & Israel |
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| hedgehog50 |
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Attlee was against the Common Market.
We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men. [Orwell] |
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| legaleagle |
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Originally posted by matt_himself
Lloyds and AIG are moving numbers in the teens to Europe. The underwriting will still be done in London. London is still the centre of the Worlds insurance industry and around 15% of income is coming from Europe. More lucrative endeavours are in building business with the developing world economies. Lloyds and AIG will be moving jobs tenfold over what you say. Britain remains in strict terms the leader (12.3% of global reinsurance in 2015,hardly the "centre" globally anymore),you are right.But the gap narrows all the time over recent years and Brexit will be a negative in the gap now narrowing further or disappearing completely On a wider note,earlier this year the chief executive of the London Stock Exchange warned Brexit could cost the City of London up to 230,000 jobs if the Government failed to provide a clear plan for post-Brexit operations. Edited by legaleagle (13 May 2017 2.59pm)
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| nickgusset |
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Originally posted by hedgehog50
Clement Attlee on the Common Market: Ooer.
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| hedgehog50 |
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Originally posted by nickgusset
Ooer. Is that it? Aren't you going to accuse Clem of being a right wing xenophobe?
We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men. [Orwell] |
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| nickgusset |
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Originally posted by hedgehog50
Is that it? Aren't you going to accuse Clem of being a right wing xenophobe? No because he wasn't. Stop trying to cover up for the fact the country may have made a grave error, particularly in the hands of Theresa May
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| hedgehog50 |
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Originally posted by nickgusset
No because he wasn't. Stop trying to cover up for the fact the country may have made a grave error, particularly in the hands of Theresa May He also said:
We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men. [Orwell] |
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| nickgusset |
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Originally posted by hedgehog50
He also said: What point are you trying to make? Thatcher thought the EU was the DB's didn't she?
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| hedgehog50 |
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Originally posted by nickgusset
What point are you trying to make? Thatcher thought the EU was the DB's didn't she? Thatcher would have campaigned for Leave of course. Attlee in a speech in the House of Lords on the British application to join the Common Market (8 November 1962).
We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men. [Orwell] |
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| nickgusset |
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Originally posted by hedgehog50
Thatcher would have campaigned for Leave of course. Attlee in a speech in the House of Lords on the British application to join the Common Market (8 November 1962). The vote for leave was spread across all parties, as was remain. Are you doing Clement Attlee quotes on mastermind soon? Why if you think he's so great do you not laud his influence on building a great welfare state for the many not the few?
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| hedgehog50 |
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Originally posted by nickgusset
The vote for leave was spread across all parties, as was remain. Are you doing Clement Attlee quotes on mastermind soon? Why if you think he's so great do you not laud his influence on building a great welfare state for the many not the few? I do laud his influence on building a welfare state, his model worked well. However, there would have been a welfare state if the Conservatives had won in 1945, their manifesto said: "One of our most important tasks will be to pass into law and bring into action as soon as we can a nation-wide and compulsory scheme of National Insurance based on the plan announced by the Government of all Parties in 1944." and "The health services of the country will be made available to all citizens. Everyone will contribute to the cost, and no one will be denied the attention, the treatment or the appliances he requires because he cannot afford them.
We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men. [Orwell] |
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| hedgehog50 |
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Originally posted by steeleye20
Proposals are not deeds the tories have never made any social advance at all they simply are not able to understand the concept of fairness and social justice. Thatcher would never have had a referendum which she abhorred and certainly not left the EU as the single market was her achievement 'the best thing since sliced bread.' That does not mean she was not often irritated by the EU but she would not have seen any mileage in self harming the UK. As you no doubt consider yourself a 'progressive', I would have thought gay marriage brought in by the Tory Cameron was right up your street?
We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men. [Orwell] |
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