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-   -   Post-Brexit Thread (https://www.cableforum.uk/board/showthread.php?t=33703180)

Hugh 10-12-2016 16:29

Re: Post-Brexit Thread
 
Quote:

Originally Posted by Kursk (Post 35874927)
Gawd, how many more pages and pages of reassurance do you need? Everything is going to be alright. Really. Honestly. We wouldn't lie to you. We are red, white and blue all the way through.

Have a lay down in a darkened room for a couple of years and when you come out all the big worrisome problems will be sorted out. Ok? :p:

So, the same politicians that nobody believed when they talked about other things, and were calling lying crooks who only were bothered about their own self-interest, are now suddenly trustworthy?

OK then....

1andrew1 10-12-2016 17:51

Re: Post-Brexit Thread
 
Quote:

Originally Posted by Kursk (Post 35874927)
Gawd, how many more pages and pages of reassurance do you need? Everything is going to be alright. Really. Honestly. We wouldn't lie to you. We are red, white and blue all the way through.

Have a lay down in a darkened room for a couple of years and when you come out all the big worrisome problems will be sorted out. Ok? :p:

Nice post but regrettably nothing to do with the post you chose to quote. If you revisit my post, you will see it's about how much/how little of the City of London will have to move to the EU and the timescale in which this will have to happen.

Ramrod 10-12-2016 18:00

Re: Post-Brexit Thread
 
Quote:

Originally Posted by Pierre (Post 35874924)
London is major global financial centre linked to another Global financial centre, New York, directly by several trans-Atlantic fibre cables.

Latency across this link is a major issue, and one which drove the installation of new cable a couple of years ago. there is in excess of £9 billion worth of financial transactions of all kinds done every day between these to centres.

IF you move to Frankfurt, Paris, or mostly anywhere on continental Europe you are extending the distance to New York and therefore putting yourself at a disadvantage.

THe only way there would be a mass exodus of financial companies out of London is if everybody did it at the same time, and then there would be the speculators that would stay.

Chances are you will see the rise of a European financial hub, probably Frankfurt, that will be the main trader with London and other Global Hubs but London will remain as a "Global" financial hub.

(iirc) The other point in favour of London remaining a major financial hub is the issue of time zones. London is perfectly situated to deal with both the far east and the usa.......as one goes to sleep the other wakes up......and we are in the middle.

1andrew1 10-12-2016 18:10

Re: Post-Brexit Thread
 
Quote:

Originally Posted by Ramrod (Post 35874955)
(iirc) The other point in favour of London remaining a major financial hub is the issue of time zones. London is perfectly situated to deal with both the far east and the usa.......as one goes to sleep the other wakes up......and we are in the middle.

That advantage is shared by the rest of Europe though with Ireland having exactly the same time as us.

pip08456 10-12-2016 18:48

Re: Post-Brexit Thread
 
And now it may move to Ireland.

Quote:

"Irish courts are to be asked to intervene in the UK’s legally complex Brexit process in a new appeal aimed at reaching the European court of justice in Luxembourg.

The application, which is seeking crowdfunding, will be on the issue of whether once Brexit is triggered, by giving formal notice to Brussels under article 50 of the treaty on European Union, it can be reversed.

It will also seek adjudication on the more surprising proposition that Brexit may already have been triggered and that a flawed procedure is under way."
It will be interesting to see if remainers are willing to put their money where their mouth is. Then again certain busnisses may fund it.

https://www.theguardian.com/law/2016...MCNEWEML6619I2

1andrew1 11-12-2016 01:12

Re: Post-Brexit Thread
 
Quote:

Originally Posted by pip08456 (Post 35874970)
And now it may move to Ireland.



It will be interesting to see if remainers are willing to put their money where their mouth is. Then again certain busnisses may fund it.

https://www.theguardian.com/law/2016...MCNEWEML6619I2

It will also be interesting to see if some leavers contribute too, as they have done with the current Article 50 challenge.

Kursk 11-12-2016 01:19

Re: Post-Brexit Thread
 
Quote:

Originally Posted by Hugh (Post 35874950)
So, the same politicians that nobody believed when they talked about other things, and were calling lying crooks who only were bothered about their own self-interest, are now suddenly trustworthy?

OK then....

Politicians will be aware that their accountability will increase as a consequence of our regained sovereingty. It's up to us to keep them in line ;).

Quote:

Originally Posted by 1andrew1 (Post 35874954)
Nice post but regrettably nothing to do with the post you chose to quote. If you revisit my post, you will see it's about how much/how little of the City of London will have to move to the EU and the timescale in which this will have to happen.

I quoted your latest post as a means to engage you: the theme of your posting is of Brexit being wholly negative and, with respect, that is self-defeating given the inevitability of our EU departure.

Sorry, I was a little rude :).

1andrew1 11-12-2016 01:54

Re: Post-Brexit Thread
 
Quote:

Originally Posted by Kursk (Post 35875024)
Politicians will be aware that their accountability will increase as a consequence of our regained sovereingty. It's up to us to keep them in line ;).

Will you now step up and keep our politicians in line alongside Gina Miller, Deir Dos Santos, Grahame Pigney? Or will you be happy to look the other way and hand our politicians a blank cheque to do as they wish with regard to our future relationship with the EU?

---------- Post added at 00:54 ---------- Previous post was at 00:51 ----------

Quote:

Originally Posted by Kursk (Post 35875024)
I quoted your latest post as a means to engage you: the theme of your posting is of Brexit being wholly negative and, with respect, that is self-defeating given the inevitability of our EU departure.

Sorry, I was a little rude :).

No worries. My main point was correcting the perception that the City has 4.5 years to adapt. It doesn't. That's a factual statement, nothing to do with Brexit being positive or negative.

nomadking 11-12-2016 01:58

Re: Post-Brexit Thread
 
Quote:

Originally Posted by 1andrew1 (Post 35875026)
Will you now step up and keep our politicians in line alongside Gina Miller, Deir Dos Santos, Grahame Pigney? Or will you be happy to look the other way and hand our politicians a blank cheque to do as they wish with regard to our future relationship with the EU?

It is precisely because in the past that politicians had "blank cheque" about the EU that people voted to leave. If we stayed in the EU they would still have that "blank cheque". So why is that "blank cheque" now supposedly not to be used to leave the EU?

Gavin78 11-12-2016 02:29

Re: Post-Brexit Thread
 
There was a debate on facebook and this was one comment from a user.

"Depends how you look at it. If you think of yourself as European then Brussels is our elected parliament, issuing our European laws and people from Poland working in the U.K. or Brits retiring in Spain aren't migrants"

One of his justifications for voting in.

The biggest fear is the big MD's everything has been done for them they don't have to work to strike up deals because someone in the EU has done it for them...the Fear is they might have to actually work to earn that money now.

Kursk 11-12-2016 03:29

Re: Post-Brexit Thread
 
Quote:

Originally Posted by 1andrew1 (Post 35875026)
Will you now step up and keep our politicians in line alongside Gina Miller, Deir Dos Santos, Grahame Pigney? Or will you be happy to look the other way and hand our politicians a blank cheque to do as they wish with regard to our future relationship with the EU?

I will not be aligning myself with that ragbag bunch of self-serving time wasters and all blank Czechs will be repatriated. :D

1andrew1 11-12-2016 09:38

Re: Post-Brexit Thread
 
Quote:

Originally Posted by nomadking (Post 35875028)
It is precisely because in the past that politicians had "blank cheque" about the EU that people voted to leave. If we stayed in the EU they would still have that "blank cheque". So why is that "blank cheque" now supposedly not to be used to leave the EU?

If we assumed that the first part of your statement is correct, two wrongs don't make a right. If you believed that there was insufficient scrutiny before, then why accept that now?

martyh 11-12-2016 10:00

Re: Post-Brexit Thread
 
Quote:

Originally Posted by nomadking (Post 35875028)
It is precisely because in the past that politicians had "blank cheque" about the EU that people voted to leave. If we stayed in the EU they would still have that "blank cheque". So why is that "blank cheque" now supposedly not to be used to leave the EU?

Because of the problems it has caused .As Kursk said our MP's will now be more accountable so it's up to us to make sure they know that .It's ok voting to leave but we can't just sit back thinking the job is done ,it's up to the Gina Millers of the world to ensure our politicians do as we want

nomadking 11-12-2016 10:16

Re: Post-Brexit Thread
 
Quote:

Originally Posted by 1andrew1 (Post 35875037)
If we assumed that the first part of your statement is correct, two wrongs don't make a right. If you believed that there was insufficient scrutiny before, then why accept that now?

Quote:

Originally Posted by martyh (Post 35875038)
Because of the problems it has caused .As Kursk said our MP's will now be more accountable so it's up to us to make sure they know that .It's ok voting to leave but we can't just sit back thinking the job is done ,it's up to the Gina Millers of the world to ensure our politicians do as we want

The point is that the same people who thought it ok to have a "blank cheque" and are happy with what it brought, would still be happy with a "blank cheque" as long as things were done THEIR way.

1andrew1 11-12-2016 10:27

Re: Post-Brexit Thread
 
Quote:

Originally Posted by nomadking (Post 35875039)
The point is that the same people who thought it ok to have a "blank cheque" and are happy with what it brought, would still be happy with a "blank cheque" as long as things were done THEIR way.

That doesn't mean that we need to accept such lower standards does it?


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