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Re: Post-Brexit Thread
Best thing for politics in this country would be for labour to disappear and be replaced by a new centreist party with the lib dems staying where they are for the minority that like them. This vacumn of opposition in the UK is doing nobody any favours and clearly corbyn won't do whats best for the nation and democracy and stand down so best thing is he rides labour into political irrelevance.
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He was elected by a group that took over not traditional labour party members under him labour have gone back forty years and become as unelectable as they ever were under michael foot. We don't have time for labour to take years to sort out this mess UK democracy needs a strong and effective opposition now or we all suffer.
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The majority of "Joe public" are tired of politicians and their never ending failed promises. |
Re: Post-Brexit Thread
Corbyn is evidence of how too much democracy can be a bad thing. Here we have an important role, leader of the opposition, decided by a very small minority of the country. There isn't mass participation in party politics in the UK so the small amount of people who do get involved have a disproportionate influence which is made worse by the fact we're talking about a specific demographic that are unrepresentative of the wider country. Combine all of that and you end up with Corbyn.
Of course the parties have protection against this by having leadership shortlists decided by their Parliamentary party. The MPs typically represent a wider section of the country than their membership by virtue of the fact they're elected by ordinary voters in larger numbers. It also ensures that the party leaders do have substianial backing from their MPs. The stupidest thing Labour have done in years was nominating Corbyn 'to widen the debate'. In short. Democracy is rubbish when participation is so low. It means fringe candidates voted for by unrepresentative, and motivated, voters do very well at the expense of everyone else. |
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Good that only 150 staff are leaving as other banks are talking about far higher numbers
Barclays Picks Dublin as Post-Brexit EU Headquarters Barclays Plc has settled on Dublin for its main hub inside the European Union after Brexit and is planning to add about 150 staff there if U.K.-based finance companies lose easy access to the trading bloc, according to people with knowledge of the decision. https://www.bloomberg.com/news/artic...s-after-brexit |
Re: Post-Brexit Thread
I really have no idea why so many people are getting so wound up over this. London is one of the world's major financial hubs, quite possibly *the* financial hub, dealing with vast flows of capital in an equally vast number of currencies and territories, almost all of which are not in the European Union. Banks whose base of operations are in London place satellite offices wherever they require them, to facilitate business and to satisfy local regulations. Without "passporting" rights into the EU, banks based in London wishing to continue dealing in Euros in the Eurozone will have to place an office with staff inside the zone. Big fat hairy deal: this does not mean they're going to up sticks and move their entire operation to Frankfurt at the same time. In fact, as Barclays has just shown, Frankfurt has no right to expect to be the natural choice for any of it. Dublin speaks the same language and is in the same time zone as London. Clearly that counts for something.
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Re: Post-Brexit Thread
Loss of financial services is the big hammer to hit brexiters with in accepting a watered down leave deal that so many want and most of those spreading the fear let alone those on the end of it understand what utter rubbish it is. It's a continuation of the doom and gloom campaign that has been the remain side since day one and it's brilliant that for all their talk of how good the EU is not a single positive issue was campaigned on it's was a constant deluge of fear and negative campaigning. Lets get this through the houses of incompetence and trigger article 50.
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I have a feeling that not so long ago a good many of these people would have been baying for banker blood only too happy for those terrible parasites to up sticks and leave. Many also seem to concern themselves only with the costs/risks arising from the UK leaving the EU whilst totally ignoring the considerable risks of staying within it. Odd that... :shrug: Anyone would think that the EU is a model of social and economic success. |
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I've never pretended that leaving the EU is risk free or a panacea for all our ills but presenting the risks/costs as being solely on the side of leaving the EU is patent nonsense. It seems from your opening remark that you perceive Brexit as a bad thing and aren't prepared to admit that staying in could just turn out to be far worse. You're entitled to that opinion of course but please don't try to present the alternative to Brexit as somehow being a safe option. It clearly isn't. |
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I think Dublin would trounce Frankfurt and Paris as the logical choice. |
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