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Goldman Sachs already moving staff to Frankfurt due to Brexit

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By *isandre OP   TV/TS  over a year ago

Durham

You know that thing Brexiters said wouldn't happen....

'Goldman Sachs is to start moving hundreds of staff out of London before a Brexit deal is struck, the bank’s European boss has confirmed.

Richard Gnodde, chief executive of Goldman Sachs International, said on Tuesday the decision to relocate workers was part of the bank’s contingency plan for the UK leaving the EU. “We are going to start to execute those contingency plans”, he told CNBC.

Gnodde said the bank, which employs 6,000 staff in the capital, would take extra office space in Frankfurt and Paris.

Speaking a week before Theresa May will formally being the UK’s exit from the EU by triggering article 50, Gnodde said: “We start with a significant European footprint, we are licensed with banks in Germany and in France.”

“Over the next 18 months or so we are going to upgrade those facilities, we’ll be taking extra space in a number of them and be increasing our headcount and infrastructure around those facilities,” said Gnodde.

He said the numbers involved were “in the hundreds of people as opposed to anything much greater than that” and would also involve hiring people in the remaining 27 EU countries .

Gnodde added that no final decisions had yet been made about how many staff would eventually work in which locations. “This is all in the context of contingency planning,” he said. “What our eventual footprint will look like will depend on the outcome of [the Brexit] negotiations and what we are obliged to do because of them.”

In January, the bank was the subject of speculation it could shift half of its 6,000-member workforce out of London, with 1,000 of the jobs relocated to Frankfurt.

At the time Goldman said no decisions had been made. Goldman has about 200 staff in Frankfurt and 100 in Paris.

He said: “Whatever the outcome [of the Brexit talks], London will remain for us a very significant regional hub and a significant global hub. London will remain a very significant important centre.”

Other banks have also warned that roles will have to go as a result of Brexit. HSBCboss Stuart Gulliver has said 1,000 roles will move to Paris in about two years, when Brexit becomes effective. Swiss bank UBS has indicated that 1,000 of its 5,000 staff could shift, possibly to Frankfurt or Madrid. US bank JP Morgan hassaid 4,000 UK jobs are at risk.

Estimates of the impact of Brexit on the City vary widely. Xavier Rolet, chief executive of the London Stock Exchange, has warned that 230,000 finance jobs could disappear while Mark Carney, governor of the bank of England, has played down the risks. He described the City as “Europe’s investment banker” and said European economies could be damaged if their access was disrupted after Britain leaves the EU.

Goldman Sachs’ chief executive, Lloyd Blankfein, admitted in January that the bank was holding back from moving new activities into London, as had been previously planned.

However, the bank is continuing to press on with building its new nine-storey London HQ, with the aim of moving in in 2019. The bank could take all the floors or sublet to tenants.'

I can remember Brexiters posting about the premises G-S had bought as proof it was just bluster and project fear again. They aren't even waiting. I don't think they have much confidence in the Governments negotiating competence, or indeed their version of reality.

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By *imiUKMan  over a year ago

Hereford

This is getting really fucking dull now.

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By *ercuryMan  over a year ago

Grantham


"You know that thing Brexiters said wouldn't happen....

'Goldman Sachs is to start moving hundreds of staff out of London before a Brexit deal is struck, the bank’s European boss has confirmed.

Richard Gnodde, chief executive of Goldman Sachs International, said on Tuesday the decision to relocate workers was part of the bank’s contingency plan for the UK leaving the EU. “We are going to start to execute those contingency plans”, he told CNBC.

Gnodde said the bank, which employs 6,000 staff in the capital, would take extra office space in Frankfurt and Paris.

Speaking a week before Theresa May will formally being the UK’s exit from the EU by triggering article 50, Gnodde said: “We start with a significant European footprint, we are licensed with banks in Germany and in France.”

“Over the next 18 months or so we are going to upgrade those facilities, we’ll be taking extra space in a number of them and be increasing our headcount and infrastructure around those facilities,” said Gnodde.

He said the numbers involved were “in the hundreds of people as opposed to anything much greater than that” and would also involve hiring people in the remaining 27 EU countries .

Gnodde added that no final decisions had yet been made about how many staff would eventually work in which locations. “This is all in the context of contingency planning,” he said. “What our eventual footprint will look like will depend on the outcome of [the Brexit] negotiations and what we are obliged to do because of them.”

In January, the bank was the subject of speculation it could shift half of its 6,000-member workforce out of London, with 1,000 of the jobs relocated to Frankfurt.

At the time Goldman said no decisions had been made. Goldman has about 200 staff in Frankfurt and 100 in Paris.

He said: “Whatever the outcome [of the Brexit talks], London will remain for us a very significant regional hub and a significant global hub. London will remain a very significant important centre.”

Other banks have also warned that roles will have to go as a result of Brexit. HSBCboss Stuart Gulliver has said 1,000 roles will move to Paris in about two years, when Brexit becomes effective. Swiss bank UBS has indicated that 1,000 of its 5,000 staff could shift, possibly to Frankfurt or Madrid. US bank JP Morgan hassaid 4,000 UK jobs are at risk.

Estimates of the impact of Brexit on the City vary widely. Xavier Rolet, chief executive of the London Stock Exchange, has warned that 230,000 finance jobs could disappear while Mark Carney, governor of the bank of England, has played down the risks. He described the City as “Europe’s investment banker” and said European economies could be damaged if their access was disrupted after Britain leaves the EU.

Goldman Sachs’ chief executive, Lloyd Blankfein, admitted in January that the bank was holding back from moving new activities into London, as had been previously planned.

However, the bank is continuing to press on with building its new nine-storey London HQ, with the aim of moving in in 2019. The bank could take all the floors or sublet to tenants.'

I can remember Brexiters posting about the premises G-S had bought as proof it was just bluster and project fear again. They aren't even waiting. I don't think they have much confidence in the Governments negotiating competence, or indeed their version of reality. "

No one has ever denied that some banks would move jobs from London into EU europe.

London will continue to be the Financial Centre of Europe, now and in the future.

As one door shuts, another one will open

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By *xplicitlyricsMan  over a year ago

south dublin

Scheiss! Merde! Goldman Sachs was always more likely to go to mainland Europe than Dublin, if we'd got them it would have signalled that we'd make unprecedented gains from Brexit but, still, it would have been nice to get the first one.

Brexiters: We're leaving Europe and we dont't need them!

Also Brexiters: Please can we keep being Europes bank. K thanx pls.

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By *isandre OP   TV/TS  over a year ago

Durham

As dull as it was listening to Farage, a fringe element of the Tory Party, a bunch of racists and three influential newspaper owners lie about the awful EU for 25 years, until it eventually got traction and became no longer dull but a disaster?

Here's a thing. This will not go away either. If we leave, we will go back in.

Germany, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 91%

Leave: 9%

Austria, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 82%

Leave: 18%

Poland, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 85%

Leave: 15%

Slovakia, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 78%

Leave: 22%

Hungary, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 86%

Leave: 14%

The UK referendum 23/6/16

Age 18-24 years

Remain: 73%

Leave: 27%

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By *LCCCouple  over a year ago

Cambridge


"

No one has ever denied that some banks would move jobs from London into EU europe.

London will continue to be the Financial Centre of Europe, now and in the future.

As one door shuts, another one will open"

And you dont believe that losing access to one of its biggest markets is going to limit the amount of taxes paid to the exchequer?

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By *ercuryMan  over a year ago

Grantham


"

No one has ever denied that some banks would move jobs from London into EU europe.

London will continue to be the Financial Centre of Europe, now and in the future.

As one door shuts, another one will open

And you dont believe that losing access to one of its biggest markets is going to limit the amount of taxes paid to the exchequer? "

We haven't lost access to anything. The market will still be there.

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By *xplicitlyricsMan  over a year ago

south dublin


"

London will continue to be the Financial Centre of Europe, now and in the future.

"

Why? I dont see your rationale.

All the EU trade will be done in the EU in the future because the financial companies have a precise number in mind for what taxes it wants to pay on cross border services and that is: 0.00%

London will keep on being the UKs bank and that is a big market. Its just a lot smaller than the EUs.

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By *LCCCouple  over a year ago

Cambridge


"As dull as it was listening to Farage, a fringe element of the Tory Party, a bunch of racists and three influential newspaper owners lie about the awful EU for 25 years, until it eventually got traction and became no longer dull but a disaster?

Here's a thing. This will not go away either. If we leave, we will go back in.

Germany, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 91%

Leave: 9%

Austria, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 82%

Leave: 18%

Poland, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 85%

Leave: 15%

Slovakia, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 78%

Leave: 22%

Hungary, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 86%

Leave: 14%

The UK referendum 23/6/16

Age 18-24 years

Remain: 73%

Leave: 27%

"

But you know Pat is going to ask if they actually polled the right countries, maybe the didn't know what country they are asking the questions in, and maybe that skewed the results?

Or someone else is going to ask if they polled all 50bn people in the EU (because that's how many they have previously stated live in the EU)

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By *ammskiMan  over a year ago

lytham st.annes


"You know that thing Brexiters said wouldn't happen....

'Goldman Sachs is to start moving hundreds of staff out of London before a Brexit deal is struck, the bank’s European boss has confirmed.

Richard Gnodde, chief executive of Goldman Sachs International, said on Tuesday the decision to relocate workers was part of the bank’s contingency plan for the UK leaving the EU. “We are going to start to execute those contingency plans”, he told CNBC.

Gnodde said the bank, which employs 6,000 staff in the capital, would take extra office space in Frankfurt and Paris.

Speaking a week before Theresa May will formally being the UK’s exit from the EU by triggering article 50, Gnodde said: “We start with a significant European footprint, we are licensed with banks in Germany and in France.”

“Over the next 18 months or so we are going to upgrade those facilities, we’ll be taking extra space in a number of them and be increasing our headcount and infrastructure around those facilities,” said Gnodde.

He said the numbers involved were “in the hundreds of people as opposed to anything much greater than that” and would also involve hiring people in the remaining 27 EU countries .

Gnodde added that no final decisions had yet been made about how many staff would eventually work in which locations. “This is all in the context of contingency planning,” he said. “What our eventual footprint will look like will depend on the outcome of [the Brexit] negotiations and what we are obliged to do because of them.”

In January, the bank was the subject of speculation it could shift half of its 6,000-member workforce out of London, with 1,000 of the jobs relocated to Frankfurt.

At the time Goldman said no decisions had been made. Goldman has about 200 staff in Frankfurt and 100 in Paris.

He said: “Whatever the outcome [of the Brexit talks], London will remain for us a very significant regional hub and a significant global hub. London will remain a very significant important centre.”

Other banks have also warned that roles will have to go as a result of Brexit. HSBCboss Stuart Gulliver has said 1,000 roles will move to Paris in about two years, when Brexit becomes effective. Swiss bank UBS has indicated that 1,000 of its 5,000 staff could shift, possibly to Frankfurt or Madrid. US bank JP Morgan hassaid 4,000 UK jobs are at risk.

Estimates of the impact of Brexit on the City vary widely. Xavier Rolet, chief executive of the London Stock Exchange, has warned that 230,000 finance jobs could disappear while Mark Carney, governor of the bank of England, has played down the risks. He described the City as “Europe’s investment banker” and said European economies could be damaged if their access was disrupted after Britain leaves the EU.

Goldman Sachs’ chief executive, Lloyd Blankfein, admitted in January that the bank was holding back from moving new activities into London, as had been previously planned.

However, the bank is continuing to press on with building its new nine-storey London HQ, with the aim of moving in in 2019. The bank could take all the floors or sublet to tenants.'

I can remember Brexiters posting about the premises G-S had bought as proof it was just bluster and project fear again. They aren't even waiting. I don't think they have much confidence in the Governments negotiating competence, or indeed their version of reality. "

Good,we don't need wankers like those anyway

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By *ercuryMan  over a year ago

Grantham


"

London will continue to be the Financial Centre of Europe, now and in the future.

Why? I dont see your rationale.

All the EU trade will be done in the EU in the future because the financial companies have a precise number in mind for what taxes it wants to pay on cross border services and that is: 0.00%

London will keep on being the UKs bank and that is a big market. Its just a lot smaller than the EUs."

I said Europe not the EU.

The world revolves around Tokyo, London and New York. Stable and well respected financial centres.

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By *LCCCouple  over a year ago

Cambridge


"

London will continue to be the Financial Centre of Europe, now and in the future.

Why? I dont see your rationale.

All the EU trade will be done in the EU in the future because the financial companies have a precise number in mind for what taxes it wants to pay on cross border services and that is: 0.00%

London will keep on being the UKs bank and that is a big market. Its just a lot smaller than the EUs."

Ah, no no no, I see you have made a fundamental flaw in your thinking there. Usually companies don't like to pay tax, but Britain is just so fucking fantastic, they love paying British taxes! Britain is the centre of the universe, everyone loves us, everyone is desperate to stay here or move here and pay taxes, because we are so damn EPIC. Anyone who says otherwise is a bloody communist who hates this country.

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By *LCCCouple  over a year ago

Cambridge


"

No one has ever denied that some banks would move jobs from London into EU europe.

London will continue to be the Financial Centre of Europe, now and in the future.

As one door shuts, another one will open

And you dont believe that losing access to one of its biggest markets is going to limit the amount of taxes paid to the exchequer?

We haven't lost access to anything. The market will still be there."

Yeah, the market that Leavers just voted to leave, we won't be in it, we wont have passporting rights to have access to it. The EU will still be there, but we wont, and so we will get less tax income, with will mean a rise in taxes, cuts to services or a mixture of both.

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By *ercuryMan  over a year ago

Grantham


"

No one has ever denied that some banks would move jobs from London into EU europe.

London will continue to be the Financial Centre of Europe, now and in the future.

As one door shuts, another one will open

And you dont believe that losing access to one of its biggest markets is going to limit the amount of taxes paid to the exchequer?

We haven't lost access to anything. The market will still be there.

Yeah, the market that Leavers just voted to leave, we won't be in it, we wont have passporting rights to have access to it. The EU will still be there, but we wont, and so we will get less tax income, with will mean a rise in taxes, cuts to services or a mixture of both."

And you know that for a fact? I didn't realise that we were so far down that road in negotiations.

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By *LCCCouple  over a year ago

Cambridge


"Good,we don't need wankers like those anyway "

Do you know how much tax is collected from those "wankers"? Around £31bn in 2014 according to PWC.

I think they are wankers too, but I still want their tax receipts.

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By *isandre OP   TV/TS  over a year ago

Durham

And that, ultimately, is the Tory and UKIP and Murdoch/Rothermere/Dacre brexiters plan.

A low tax, low regulation, low welfare, race to the bottom society.

That is why fuck all is being done to help the NHS, but Hunt has been going out of his way to make a crisis.

And all those poor saps who believed the side of the bus, eh.

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By *xplicitlyricsMan  over a year ago

south dublin


"

London will continue to be the Financial Centre of Europe, now and in the future.

Why? I dont see your rationale.

All the EU trade will be done in the EU in the future because the financial companies have a precise number in mind for what taxes it wants to pay on cross border services and that is: 0.00%

London will keep on being the UKs bank and that is a big market. Its just a lot smaller than the EUs.

I said Europe not the EU.

The world revolves around Tokyo, London and New York. Stable and well respected financial centres. "

Those cities are the centres because of what companies operate there and what they do there. New Yorks the main financial hub for North America because it was where wealth was concentrated since there was wealth in the US.

Tokyos the base for their Asian operations.

Londons the financial centre of the EU. Except now its not.

All EU business will be done in the EU because the companies will save tens of millions a year doing it that way. And bankers like money. A lot. Like a fat kid loves cake.

So when the major work is being done in the EU and the UKs market goes from 510m people to 60m its not going to be as significant. Not that it really matters. Thats just about prestige, the real issue is the jobs being lost and investment.

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By *isandre OP   TV/TS  over a year ago

Durham

Paradoxically, the Prestige is what matters to brexiters.

Still, the ones banging on about it, like BoJo, Farage and IDS, they won't be affected by their own folly and incompetence. They're alright Jack, just like Osborne and Cameron.

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By *xplicitlyricsMan  over a year ago

south dublin


"

No one has ever denied that some banks would move jobs from London into EU europe.

London will continue to be the Financial Centre of Europe, now and in the future.

As one door shuts, another one will open

And you dont believe that losing access to one of its biggest markets is going to limit the amount of taxes paid to the exchequer?

We haven't lost access to anything. The market will still be there.

Yeah, the market that Leavers just voted to leave, we won't be in it, we wont have passporting rights to have access to it. The EU will still be there, but we wont, and so we will get less tax income, with will mean a rise in taxes, cuts to services or a mixture of both.

And you know that for a fact? I didn't realise that we were so far down that road in negotiations. "

Theres no reason the EU wpuld give you passport rights. Germany and France are two of the most powerful voices now the UK is gone and theyre working to take your financial business away from you.

Think theyre not going to look at 31bn in extra tax receipts just from the companies (nevermind reduced social spending, more income tax from more high paying jobs etc.) And say its ok Britain, you turned your back on us, put a crack in the foundation of whats most important to us but we'll bend over backwards to help you out even though it will cost us????

Youre dreaming. The EU wants those jobs, they want that tax revenue and they want that investment and the UK has decided it doesnt want to be partners any more so we're not partners.

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By *isandre OP   TV/TS  over a year ago

Durham


"

London will continue to be the Financial Centre of Europe, now and in the future.

Why? I dont see your rationale.

All the EU trade will be done in the EU in the future because the financial companies have a precise number in mind for what taxes it wants to pay on cross border services and that is: 0.00%

London will keep on being the UKs bank and that is a big market. Its just a lot smaller than the EUs.

Ah, no no no, I see you have made a fundamental flaw in your thinking there. Usually companies don't like to pay tax, but Britain is just so fucking fantastic, they love paying British taxes! Britain is the centre of the universe, everyone loves us, everyone is desperate to stay here or move here and pay taxes, because we are so damn EPIC. Anyone who says otherwise is a bloody communist who hates this country. You could always go home "

WTF?

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By *ercuryMan  over a year ago

Grantham


"Paradoxically, the Prestige is what matters to brexiters.

Still, the ones banging on about it, like BoJo, Farage and IDS, they won't be affected by their own folly and incompetence. They're alright Jack, just like Osborne and Cameron."

Well, 52% of the voters rejected your views and your opinions.

The decision has been made, maybe it might be better analysing why Remain couldn't put a better case over instead of venting your obvious left wing agenda and anger on those 52%?

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By *imiUKMan  over a year ago

Hereford


"

London will continue to be the Financial Centre of Europe, now and in the future.

Why? I dont see your rationale.

All the EU trade will be done in the EU in the future because the financial companies have a precise number in mind for what taxes it wants to pay on cross border services and that is: 0.00%

London will keep on being the UKs bank and that is a big market. Its just a lot smaller than the EUs.

Ah, no no no, I see you have made a fundamental flaw in your thinking there. Usually companies don't like to pay tax, but Britain is just so fucking fantastic, they love paying British taxes! Britain is the centre of the universe, everyone loves us, everyone is desperate to stay here or move here and pay taxes, because we are so damn EPIC. Anyone who says otherwise is a bloody communist who hates this country. "

They don't like paying taxes (although I suspect that was your point).

Do communists have to hate this country?

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By (user no longer on site)  over a year ago


"Paradoxically, the Prestige is what matters to brexiters.

Still, the ones banging on about it, like BoJo, Farage and IDS, they won't be affected by their own folly and incompetence. They're alright Jack, just like Osborne and Cameron.

Well, 52% of the voters rejected your views and your opinions.

The decision has been made, maybe it might be better analysing why Remain couldn't put a better case over instead of venting your obvious left wing agenda and anger on those 52%?"

That's far too much effort for a Remoaner - they couldn't be arsed to get out of bed on voting day

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By *LCCCouple  over a year ago

Cambridge

[Removed by poster at 21/03/17 21:18:31]

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By *oo hotCouple  over a year ago

North West


"

No one has ever denied that some banks would move jobs from London into EU europe.

London will continue to be the Financial Centre of Europe, now and in the future.

As one door shuts, another one will open

And you dont believe that losing access to one of its biggest markets is going to limit the amount of taxes paid to the exchequer?

We haven't lost access to anything. The market will still be there.

Yeah, the market that Leavers just voted to leave, we won't be in it, we wont have passporting rights to have access to it. The EU will still be there, but we wont, and so we will get less tax income, with will mean a rise in taxes, cuts to services or a mixture of both.

And you know that for a fact? I didn't realise that we were so far down that road in negotiations. "

Did you miss Theresa May's statement and David Davis recent interview by the select committee??

They are resigned to the UK leaving the single market and the customs union and therefore, by default British based financial institutions will lose passporting rights.

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By *LCCCouple  over a year ago

Cambridge


"

No one has ever denied that some banks would move jobs from London into EU europe.

London will continue to be the Financial Centre of Europe, now and in the future.

As one door shuts, another one will open

And you dont believe that losing access to one of its biggest markets is going to limit the amount of taxes paid to the exchequer?

We haven't lost access to anything. The market will still be there.

Yeah, the market that Leavers just voted to leave, we won't be in it, we wont have passporting rights to have access to it. The EU will still be there, but we wont, and so we will get less tax income, with will mean a rise in taxes, cuts to services or a mixture of both.

And you know that for a fact? I didn't realise that we were so far down that road in negotiations. "

So do you think it would be good or bad if they lost passporting rights?

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By *isandre OP   TV/TS  over a year ago

Durham


"Paradoxically, the Prestige is what matters to brexiters.

Still, the ones banging on about it, like BoJo, Farage and IDS, they won't be affected by their own folly and incompetence. They're alright Jack, just like Osborne and Cameron.

Well, 52% of the voters rejected your views and your opinions.

The decision has been made, maybe it might be better analysing why Remain couldn't put a better case over instead of venting your obvious left wing agenda and anger on those 52%?"

Done that plenty and will continue on more appropriate threads.

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By (user no longer on site)  over a year ago

Goodbye to the lot of them.

If they wish to deal with the UK after Brexit, charge them a large percentage.

Banks should be broken up, they're too big. Bonuses should be made illegal.

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By *ercuryMan  over a year ago

Grantham


"

No one has ever denied that some banks would move jobs from London into EU europe.

London will continue to be the Financial Centre of Europe, now and in the future.

As one door shuts, another one will open

And you dont believe that losing access to one of its biggest markets is going to limit the amount of taxes paid to the exchequer?

We haven't lost access to anything. The market will still be there.

Yeah, the market that Leavers just voted to leave, we won't be in it, we wont have passporting rights to have access to it. The EU will still be there, but we wont, and so we will get less tax income, with will mean a rise in taxes, cuts to services or a mixture of both.

And you know that for a fact? I didn't realise that we were so far down that road in negotiations.

So do you think it would be good or bad if they lost passporting rights? "

It would be not good but I'm trusting more able people than me to get the best deal for this country. I'm no economist, just a hard working man with dreams and aspirations.

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By *xplicitlyricsMan  over a year ago

south dublin


"

No one has ever denied that some banks would move jobs from London into EU europe.

London will continue to be the Financial Centre of Europe, now and in the future.

As one door shuts, another one will open

And you dont believe that losing access to one of its biggest markets is going to limit the amount of taxes paid to the exchequer?

We haven't lost access to anything. The market will still be there.

Yeah, the market that Leavers just voted to leave, we won't be in it, we wont have passporting rights to have access to it. The EU will still be there, but we wont, and so we will get less tax income, with will mean a rise in taxes, cuts to services or a mixture of both.

And you know that for a fact? I didn't realise that we were so far down that road in negotiations.

So do you think it would be good or bad if they lost passporting rights?

It would be not good but I'm trusting more able people than me to get the best deal for this country. I'm no economist, just a hard working man with dreams and aspirations."

The people youre hoping to get the best deal already admitted defeat. Publicly.

There is no good Brexit deal to be got. What the EU want from the UK youve already taken through the referendum. Whats left we're keeping and you'll be paying €50bn on the way out.

Theres a saying made for this situation. Cut off your nose to spite your face.

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By *LCCCouple  over a year ago

Cambridge


"

No one has ever denied that some banks would move jobs from London into EU europe.

London will continue to be the Financial Centre of Europe, now and in the future.

As one door shuts, another one will open

And you dont believe that losing access to one of its biggest markets is going to limit the amount of taxes paid to the exchequer?

We haven't lost access to anything. The market will still be there.

Yeah, the market that Leavers just voted to leave, we won't be in it, we wont have passporting rights to have access to it. The EU will still be there, but we wont, and so we will get less tax income, with will mean a rise in taxes, cuts to services or a mixture of both.

And you know that for a fact? I didn't realise that we were so far down that road in negotiations.

So do you think it would be good or bad if they lost passporting rights?

It would be not good but I'm trusting more able people than me to get the best deal for this country. I'm no economist, just a hard working man with dreams and aspirations.

The people youre hoping to get the best deal already admitted defeat. Publicly.

There is no good Brexit deal to be got. What the EU want from the UK youve already taken through the referendum. Whats left we're keeping and you'll be paying €50bn on the way out.

Theres a saying made for this situation. Cut off your nose to spite your face."

So no extra money for the NHS, a big bill, inflation, and falling tax receipts. Thanks guys

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By *rp861Man  over a year ago

Notts

Hopefully more businesses will follow McDonalds who moved all non US operations to london. There is still too much uncertainty to see how it will affect the uk fully.

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By *mmabluTV/TS  over a year ago

upton wirral


"This is getting really fucking dull now. "

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By *mmabluTV/TS  over a year ago

upton wirral


"Paradoxically, the Prestige is what matters to brexiters.

Still, the ones banging on about it, like BoJo, Farage and IDS, they won't be affected by their own folly and incompetence. They're alright Jack, just like Osborne and Cameron.

Well, 52% of the voters rejected your views and your opinions.

The decision has been made, maybe it might be better analysing why Remain couldn't put a better case over instead of venting your obvious left wing agenda and anger on those 52%?

That's far too much effort for a Remoaner - they couldn't be arsed to get out of bed on voting day "

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By *LCCCouple  over a year ago

Cambridge


"Paradoxically, the Prestige is what matters to brexiters.

Still, the ones banging on about it, like BoJo, Farage and IDS, they won't be affected by their own folly and incompetence. They're alright Jack, just like Osborne and Cameron.

Well, 52% of the voters rejected your views and your opinions.

The decision has been made, maybe it might be better analysing why Remain couldn't put a better case over instead of venting your obvious left wing agenda and anger on those 52%?

That's far too much effort for a Remoaner - they couldn't be arsed to get out of bed on voting day "

Hmm, so you believe that the people who didn't vote want to remain? So only 32% voted to Leave and 68% want to remain then? So we should stay then? That's what you're saying?

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By (user no longer on site)  over a year ago


" ... don't think they (GS) have much confidence in the Governments negotiating competence, or indeed their version of reality. "

The GS "version of reality" in getting Greece into the EU was especially Alice in Wonderland. Maybe it wants to be closer to Merkel when it does the same for the Islamo-Fascist Republic of Turkey. Getting rid of GS as well as the EU...now that's a bonus!

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By (user no longer on site)  over a year ago

How old is the UK?

How old is the EU?

I'm sure we'll live, and much better off out of the EU.

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"You know that thing Brexiters said wouldn't happen....

'Goldman Sachs is to start moving hundreds of staff out of London before a Brexit deal is struck, the bank’s European boss has confirmed.

Richard Gnodde, chief executive of Goldman Sachs International, said on Tuesday the decision to relocate workers was part of the bank’s contingency plan for the UK leaving the EU. “We are going to start to execute those contingency plans”, he told CNBC.

Gnodde said the bank, which employs 6,000 staff in the capital, would take extra office space in Frankfurt and Paris.

Speaking a week before Theresa May will formally being the UK’s exit from the EU by triggering article 50, Gnodde said: “We start with a significant European footprint, we are licensed with banks in Germany and in France.”

“Over the next 18 months or so we are going to upgrade those facilities, we’ll be taking extra space in a number of them and be increasing our headcount and infrastructure around those facilities,” said Gnodde.

He said the numbers involved were “in the hundreds of people as opposed to anything much greater than that” and would also involve hiring people in the remaining 27 EU countries .

Gnodde added that no final decisions had yet been made about how many staff would eventually work in which locations. “This is all in the context of contingency planning,” he said. “What our eventual footprint will look like will depend on the outcome of [the Brexit] negotiations and what we are obliged to do because of them.”

In January, the bank was the subject of speculation it could shift half of its 6,000-member workforce out of London, with 1,000 of the jobs relocated to Frankfurt.

At the time Goldman said no decisions had been made. Goldman has about 200 staff in Frankfurt and 100 in Paris.

He said: “Whatever the outcome [of the Brexit talks], London will remain for us a very significant regional hub and a significant global hub. London will remain a very significant important centre.”

Other banks have also warned that roles will have to go as a result of Brexit. HSBCboss Stuart Gulliver has said 1,000 roles will move to Paris in about two years, when Brexit becomes effective. Swiss bank UBS has indicated that 1,000 of its 5,000 staff could shift, possibly to Frankfurt or Madrid. US bank JP Morgan hassaid 4,000 UK jobs are at risk.

Estimates of the impact of Brexit on the City vary widely. Xavier Rolet, chief executive of the London Stock Exchange, has warned that 230,000 finance jobs could disappear while Mark Carney, governor of the bank of England, has played down the risks. He described the City as “Europe’s investment banker” and said European economies could be damaged if their access was disrupted after Britain leaves the EU.

Goldman Sachs’ chief executive, Lloyd Blankfein, admitted in January that the bank was holding back from moving new activities into London, as had been previously planned.

However, the bank is continuing to press on with building its new nine-storey London HQ, with the aim of moving in in 2019. The bank could take all the floors or sublet to tenants.'

I can remember Brexiters posting about the premises G-S had bought as proof it was just bluster and project fear again. They aren't even waiting. I don't think they have much confidence in the Governments negotiating competence, or indeed their version of reality. Good,we don't need wankers like those anyway "

You can't fix stupid, that's for sure......

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"How old is the UK?

How old is the EU?

I'm sure we'll live, and much better off out of the EU."

Fantastic logic.....

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"Hopefully more businesses will follow McDonalds who moved all non US operations to london. There is still too much uncertainty to see how it will affect the uk fully."

The tax take from the likes of McDonalds will NEVER equal that of tax receipts from the banking sector.....

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"Goodbye to the lot of them.

If they wish to deal with the UK after Brexit, charge them a large percentage.

Banks should be broken up, they're too big. Bonuses should be made illegal."

You clearly have absolutely no idea whatsoever about taxable income from the banking and insurance sector in London, it's a clear indication of how little people understood what they were voting for in reality......

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By (user no longer on site)  over a year ago


"Goodbye to the lot of them.

If they wish to deal with the UK after Brexit, charge them a large percentage.

Banks should be broken up, they're too big. Bonuses should be made illegal.

You clearly have absolutely no idea whatsoever about taxable income from the banking and insurance sector in London, it's a clear indication of how little people understood what they were voting for in reality......"

You clearly don't know about Neo Liberalism.

Just goes to show the mentality of the remain group that support the corrupt banking system that the tax payer bailed out to the tune of billions, and we should be grateful !!!!!!!!#

UNBELIEVABLE is mild.

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By (user no longer on site)  over a year ago

This thread is funny

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By (user no longer on site)  over a year ago


"Paradoxically, the Prestige is what matters to brexiters.

Still, the ones banging on about it, like BoJo, Farage and IDS, they won't be affected by their own folly and incompetence. They're alright Jack, just like Osborne and Cameron.

Well, 52% of the voters rejected your views and your opinions.

The decision has been made, maybe it might be better analysing why Remain couldn't put a better case over instead of venting your obvious left wing agenda and anger on those 52%?

That's far too much effort for a Remoaner - they couldn't be arsed to get out of bed on voting day

Hmm, so you believe that the people who didn't vote want to remain? So only 32% voted to Leave and 68% want to remain then? So we should stay then? That's what you're saying? "

Do you not know how "voting" works then? Really? Is that what you're saying? Do you know how numbers work? You don't know that 52 is a bigger number than 48? Really? Is that what you're saying?

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By *rp861Man  over a year ago

Notts


"Hopefully more businesses will follow McDonalds who moved all non US operations to london. There is still too much uncertainty to see how it will affect the uk fully.

The tax take from the likes of McDonalds will NEVER equal that of tax receipts from the banking sector....."

In 2015 goldman sachs paid 26.6m dollars in corporate tax in the uk.

2014 macdonalds paid 57.7m pounds on uk operations alone.

One was on 2bn profit and the other was on 225m profit. Can you guess which is which?

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By (user no longer on site)  over a year ago


"Scheiss! Merde! Goldman Sachs was always more likely to go to mainland Europe than Dublin, if we'd got them it would have signalled that we'd make unprecedented gains from Brexit but, still, it would have been nice to get the first one.

Brexiters: We're leaving Europe and we dont't need them!

Also Brexiters: Please can we keep being Europes bank. K thanx pls."

We've too much paddy fuckery still going on...

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By *imiUKMan  over a year ago

Hereford


"This thread is funny "

What's funny is Brexitters and Remoaners squabbling over this whole thing like it will ake any real difference to most people.

"Meet the new boss, same as the old boss"

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay

We are not talking about the likes of RBS or Lloyds here, it's the investment banking sector that contributes the vast majority of tax into our economy, and we never needed to bail them out, they were too busy injecting billions into the treasury every year.

Once again a lack of education rears its ugly head in the debate.....

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"Hopefully more businesses will follow McDonalds who moved all non US operations to london. There is still too much uncertainty to see how it will affect the uk fully.

The tax take from the likes of McDonalds will NEVER equal that of tax receipts from the banking sector.....

In 2015 goldman sachs paid 26.6m dollars in corporate tax in the uk.

2014 macdonalds paid 57.7m pounds on uk operations alone.

One was on 2bn profit and the other was on 225m profit. Can you guess which is which?"

You really have no idea, it's like swimming through treacle on here sometimes.....

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By *LCCCouple  over a year ago

Cambridge


"Goodbye to the lot of them.

If they wish to deal with the UK after Brexit, charge them a large percentage.

Banks should be broken up, they're too big. Bonuses should be made illegal.

You clearly have absolutely no idea whatsoever about taxable income from the banking and insurance sector in London, it's a clear indication of how little people understood what they were voting for in reality......

You clearly don't know about Neo Liberalism.

Just goes to show the mentality of the remain group that support the corrupt banking system that the tax payer bailed out to the tune of billions, and we should be grateful !!!!!!!!#

UNBELIEVABLE is mild."

You know we get more than £30bn a year in tax receipts from the banking sector right? Now add to that insurance and legal services that support banking not to mention the multiple people who are employed to keep the whole think running or where those bankers spend their money, from waitresses in restaurants in the city, to baristas in the coffee shops to the sales men and mechanics in Porsche, Lamborghini and Jaguar garages. Thousands of jobs, billions in tax receipts, and you want to get rid of it all. Truely unbelievably @#$£!#

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By (user no longer on site)  over a year ago


"Goodbye to the lot of them.

If they wish to deal with the UK after Brexit, charge them a large percentage.

Banks should be broken up, they're too big. Bonuses should be made illegal.

You clearly have absolutely no idea whatsoever about taxable income from the banking and insurance sector in London, it's a clear indication of how little people understood what they were voting for in reality......

You clearly don't know about Neo Liberalism.

Just goes to show the mentality of the remain group that support the corrupt banking system that the tax payer bailed out to the tune of billions, and we should be grateful !!!!!!!!#

UNBELIEVABLE is mild.

You know we get more than £30bn a year in tax receipts from the banking sector right? Now add to that insurance and legal services that support banking not to mention the multiple people who are employed to keep the whole think running or where those bankers spend their money, from waitresses in restaurants in the city, to baristas in the coffee shops to the sales men and mechanics in Porsche, Lamborghini and Jaguar garages. Thousands of jobs, billions in tax receipts, and you want to get rid of it all. Truely unbelievably @#$£!# "

But don't you dislike capitalism?

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By *rp861Man  over a year ago

Notts


"Hopefully more businesses will follow McDonalds who moved all non US operations to london. There is still too much uncertainty to see how it will affect the uk fully.

The tax take from the likes of McDonalds will NEVER equal that of tax receipts from the banking sector.....

In 2015 goldman sachs paid 26.6m dollars in corporate tax in the uk.

2014 macdonalds paid 57.7m pounds on uk operations alone.

One was on 2bn profit and the other was on 225m profit. Can you guess which is which?

You really have no idea, it's like swimming through treacle on here sometimes....."

Ok...tell me how much uk tax big investment banks paid in recent years. Id like facts please.

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By *LCCCouple  over a year ago

Cambridge


"This thread is funny

What's funny is Brexitters and Remoaners squabbling over this whole thing like it will ake any real difference to most people.

"Meet the new boss, same as the old boss""

"Meet the new boss, well actually don't bother, we sacked you and moved your job abroad. I hope brexit works out well for you, here's your P45"

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By *anes HubbyCouple  over a year ago

Babbacombe Torquay


"Goodbye to the lot of them.

If they wish to deal with the UK after Brexit, charge them a large percentage.

Banks should be broken up, they're too big. Bonuses should be made illegal.

You clearly have absolutely no idea whatsoever about taxable income from the banking and insurance sector in London, it's a clear indication of how little people understood what they were voting for in reality......

You clearly don't know about Neo Liberalism.

Just goes to show the mentality of the remain group that support the corrupt banking system that the tax payer bailed out to the tune of billions, and we should be grateful !!!!!!!!#

UNBELIEVABLE is mild.

You know we get more than £30bn a year in tax receipts from the banking sector right? Now add to that insurance and legal services that support banking not to mention the multiple people who are employed to keep the whole think running or where those bankers spend their money, from waitresses in restaurants in the city, to baristas in the coffee shops to the sales men and mechanics in Porsche, Lamborghini and Jaguar garages. Thousands of jobs, billions in tax receipts, and you want to get rid of it all. Truely unbelievably @#$£!# "

You are wasting your time, you may as well talk to a wall.....

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By *LCCCouple  over a year ago

Cambridge


"Goodbye to the lot of them.

If they wish to deal with the UK after Brexit, charge them a large percentage.

Banks should be broken up, they're too big. Bonuses should be made illegal.

You clearly have absolutely no idea whatsoever about taxable income from the banking and insurance sector in London, it's a clear indication of how little people understood what they were voting for in reality......

You clearly don't know about Neo Liberalism.

Just goes to show the mentality of the remain group that support the corrupt banking system that the tax payer bailed out to the tune of billions, and we should be grateful !!!!!!!!#

UNBELIEVABLE is mild.

You know we get more than £30bn a year in tax receipts from the banking sector right? Now add to that insurance and legal services that support banking not to mention the multiple people who are employed to keep the whole think running or where those bankers spend their money, from waitresses in restaurants in the city, to baristas in the coffee shops to the sales men and mechanics in Porsche, Lamborghini and Jaguar garages. Thousands of jobs, billions in tax receipts, and you want to get rid of it all. Truely unbelievably @#$£!#

But don't you dislike capitalism? "

Where do you get that idea from?

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By (user no longer on site)  over a year ago


"Goodbye to the lot of them.

If they wish to deal with the UK after Brexit, charge them a large percentage.

Banks should be broken up, they're too big. Bonuses should be made illegal.

You clearly have absolutely no idea whatsoever about taxable income from the banking and insurance sector in London, it's a clear indication of how little people understood what they were voting for in reality......

You clearly don't know about Neo Liberalism.

Just goes to show the mentality of the remain group that support the corrupt banking system that the tax payer bailed out to the tune of billions, and we should be grateful !!!!!!!!#

UNBELIEVABLE is mild.

You know we get more than £30bn a year in tax receipts from the banking sector right? Now add to that insurance and legal services that support banking not to mention the multiple people who are employed to keep the whole think running or where those bankers spend their money, from waitresses in restaurants in the city, to baristas in the coffee shops to the sales men and mechanics in Porsche, Lamborghini and Jaguar garages. Thousands of jobs, billions in tax receipts, and you want to get rid of it all. Truely unbelievably @#$£!#

You are wasting your time, you may as well talk to a wall....."

Are we building one of them too? Brexit just keeps on getting better

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By *LCCCouple  over a year ago

Cambridge


"Paradoxically, the Prestige is what matters to brexiters.

Still, the ones banging on about it, like BoJo, Farage and IDS, they won't be affected by their own folly and incompetence. They're alright Jack, just like Osborne and Cameron.

Well, 52% of the voters rejected your views and your opinions.

The decision has been made, maybe it might be better analysing why Remain couldn't put a better case over instead of venting your obvious left wing agenda and anger on those 52%?

That's far too much effort for a Remoaner - they couldn't be arsed to get out of bed on voting day

Hmm, so you believe that the people who didn't vote want to remain? So only 32% voted to Leave and 68% want to remain then? So we should stay then? That's what you're saying?

Do you not know how "voting" works then? Really? Is that what you're saying? Do you know how numbers work? You don't know that 52 is a bigger number than 48? Really? Is that what you're saying?

"

And you don't know which is bigger between 32% and 68%. So many Leavers get upset when you discuss the demography of the vote and the educational attainment, however the facts are fairly self evident

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By (user no longer on site)  over a year ago


"Goodbye to the lot of them.

If they wish to deal with the UK after Brexit, charge them a large percentage.

Banks should be broken up, they're too big. Bonuses should be made illegal.

You clearly have absolutely no idea whatsoever about taxable income from the banking and insurance sector in London, it's a clear indication of how little people understood what they were voting for in reality......

You clearly don't know about Neo Liberalism.

Just goes to show the mentality of the remain group that support the corrupt banking system that the tax payer bailed out to the tune of billions, and we should be grateful !!!!!!!!#

UNBELIEVABLE is mild.

You know we get more than £30bn a year in tax receipts from the banking sector right? Now add to that insurance and legal services that support banking not to mention the multiple people who are employed to keep the whole think running or where those bankers spend their money, from waitresses in restaurants in the city, to baristas in the coffee shops to the sales men and mechanics in Porsche, Lamborghini and Jaguar garages. Thousands of jobs, billions in tax receipts, and you want to get rid of it all. Truely unbelievably @#$£!#

But don't you dislike capitalism?

Where do you get that idea from? "

I stand corrected. For some weird reason I had you down as a socialist. I appologise for the insult

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By *LCCCouple  over a year ago

Cambridge


"Goodbye to the lot of them.

If they wish to deal with the UK after Brexit, charge them a large percentage.

Banks should be broken up, they're too big. Bonuses should be made illegal.

You clearly have absolutely no idea whatsoever about taxable income from the banking and insurance sector in London, it's a clear indication of how little people understood what they were voting for in reality......

You clearly don't know about Neo Liberalism.

Just goes to show the mentality of the remain group that support the corrupt banking system that the tax payer bailed out to the tune of billions, and we should be grateful !!!!!!!!#

UNBELIEVABLE is mild.

You know we get more than £30bn a year in tax receipts from the banking sector right? Now add to that insurance and legal services that support banking not to mention the multiple people who are employed to keep the whole think running or where those bankers spend their money, from waitresses in restaurants in the city, to baristas in the coffee shops to the sales men and mechanics in Porsche, Lamborghini and Jaguar garages. Thousands of jobs, billions in tax receipts, and you want to get rid of it all. Truely unbelievably @#$£!#

But don't you dislike capitalism?

Where do you get that idea from?

I stand corrected. For some weird reason I had you down as a socialist. I appologise for the insult "

I think you need to brush up on your politics a little bit.

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By (user no longer on site)  over a year ago


"Goodbye to the lot of them.

If they wish to deal with the UK after Brexit, charge them a large percentage.

Banks should be broken up, they're too big. Bonuses should be made illegal.

You clearly have absolutely no idea whatsoever about taxable income from the banking and insurance sector in London, it's a clear indication of how little people understood what they were voting for in reality......

You clearly don't know about Neo Liberalism.

Just goes to show the mentality of the remain group that support the corrupt banking system that the tax payer bailed out to the tune of billions, and we should be grateful !!!!!!!!#

UNBELIEVABLE is mild.

You know we get more than £30bn a year in tax receipts from the banking sector right? Now add to that insurance and legal services that support banking not to mention the multiple people who are employed to keep the whole think running or where those bankers spend their money, from waitresses in restaurants in the city, to baristas in the coffee shops to the sales men and mechanics in Porsche, Lamborghini and Jaguar garages. Thousands of jobs, billions in tax receipts, and you want to get rid of it all. Truely unbelievably @#$£!#

But don't you dislike capitalism?

Where do you get that idea from?

I stand corrected. For some weird reason I had you down as a socialist. I appologise for the insult

I think you need to brush up on your politics a little bit. "

Why?

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By *imiUKMan  over a year ago

Hereford


"Goodbye to the lot of them.

If they wish to deal with the UK after Brexit, charge them a large percentage.

Banks should be broken up, they're too big. Bonuses should be made illegal.

You clearly have absolutely no idea whatsoever about taxable income from the banking and insurance sector in London, it's a clear indication of how little people understood what they were voting for in reality......

You clearly don't know about Neo Liberalism.

Just goes to show the mentality of the remain group that support the corrupt banking system that the tax payer bailed out to the tune of billions, and we should be grateful !!!!!!!!#

UNBELIEVABLE is mild.

You know we get more than £30bn a year in tax receipts from the banking sector right? Now add to that insurance and legal services that support banking not to mention the multiple people who are employed to keep the whole think running or where those bankers spend their money, from waitresses in restaurants in the city, to baristas in the coffee shops to the sales men and mechanics in Porsche, Lamborghini and Jaguar garages. Thousands of jobs, billions in tax receipts, and you want to get rid of it all. Truely unbelievably @#$£!#

But don't you dislike capitalism?

Where do you get that idea from?

I stand corrected. For some weird reason I had you down as a socialist. I appologise for the insult "

I'd hardly call "socialist" an insult, even though I'm not one. It shows, at the very least, some sort of social conscience.

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By *LCCCouple  over a year ago

Cambridge


"Goodbye to the lot of them.

If they wish to deal with the UK after Brexit, charge them a large percentage.

Banks should be broken up, they're too big. Bonuses should be made illegal.

You clearly have absolutely no idea whatsoever about taxable income from the banking and insurance sector in London, it's a clear indication of how little people understood what they were voting for in reality......

You clearly don't know about Neo Liberalism.

Just goes to show the mentality of the remain group that support the corrupt banking system that the tax payer bailed out to the tune of billions, and we should be grateful !!!!!!!!#

UNBELIEVABLE is mild.

You know we get more than £30bn a year in tax receipts from the banking sector right? Now add to that insurance and legal services that support banking not to mention the multiple people who are employed to keep the whole think running or where those bankers spend their money, from waitresses in restaurants in the city, to baristas in the coffee shops to the sales men and mechanics in Porsche, Lamborghini and Jaguar garages. Thousands of jobs, billions in tax receipts, and you want to get rid of it all. Truely unbelievably @#$£!#

But don't you dislike capitalism?

Where do you get that idea from?

I stand corrected. For some weird reason I had you down as a socialist. I appologise for the insult

I think you need to brush up on your politics a little bit.

Why? "

Because you appear to believe that anyone left of centre doesn't believe in collecting tax receipts for a start.

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By (user no longer on site)  over a year ago


"Paradoxically, the Prestige is what matters to brexiters.

Still, the ones banging on about it, like BoJo, Farage and IDS, they won't be affected by their own folly and incompetence. They're alright Jack, just like Osborne and Cameron.

Well, 52% of the voters rejected your views and your opinions.

The decision has been made, maybe it might be better analysing why Remain couldn't put a better case over instead of venting your obvious left wing agenda and anger on those 52%?

That's far too much effort for a Remoaner - they couldn't be arsed to get out of bed on voting day

Hmm, so you believe that the people who didn't vote want to remain? So only 32% voted to Leave and 68% want to remain then? So we should stay then? That's what you're saying?

Do you not know how "voting" works then? Really? Is that what you're saying? Do you know how numbers work? You don't know that 52 is a bigger number than 48? Really? Is that what you're saying?

And you don't know which is bigger between 32% and 68%. So many Leavers get upset when you discuss the demography of the vote and the educational attainment, however the facts are fairly self evident "

Try looking up "voting" in a book. I'm sure Penguin will have published one you'll understand.

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By *imiUKMan  over a year ago

Hereford


"This thread is funny

What's funny is Brexitters and Remoaners squabbling over this whole thing like it will ake any real difference to most people.

"Meet the new boss, same as the old boss"

"Meet the new boss, well actually don't bother, we sacked you and moved your job abroad. I hope brexit works out well for you, here's your P45" "

Globalism won't be stopped by the EU, and you'd be a fool to think otherwise.

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By *imiUKMan  over a year ago

Hereford


"Goodbye to the lot of them.

If they wish to deal with the UK after Brexit, charge them a large percentage.

Banks should be broken up, they're too big. Bonuses should be made illegal.

You clearly have absolutely no idea whatsoever about taxable income from the banking and insurance sector in London, it's a clear indication of how little people understood what they were voting for in reality......

You clearly don't know about Neo Liberalism.

Just goes to show the mentality of the remain group that support the corrupt banking system that the tax payer bailed out to the tune of billions, and we should be grateful !!!!!!!!#

UNBELIEVABLE is mild.

You know we get more than £30bn a year in tax receipts from the banking sector right? Now add to that insurance and legal services that support banking not to mention the multiple people who are employed to keep the whole think running or where those bankers spend their money, from waitresses in restaurants in the city, to baristas in the coffee shops to the sales men and mechanics in Porsche, Lamborghini and Jaguar garages. Thousands of jobs, billions in tax receipts, and you want to get rid of it all. Truely unbelievably @#$£!#

But don't you dislike capitalism?

Where do you get that idea from?

I stand corrected. For some weird reason I had you down as a socialist. I appologise for the insult

I think you need to brush up on your politics a little bit.

Why?

Because you appear to believe that anyone left of centre doesn't believe in collecting tax receipts for a start. "

Eh? Surely the right know otherwise? They are keen to use it against the left after all.

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By *LCCCouple  over a year ago

Cambridge


"Paradoxically, the Prestige is what matters to brexiters.

Still, the ones banging on about it, like BoJo, Farage and IDS, they won't be affected by their own folly and incompetence. They're alright Jack, just like Osborne and Cameron.

Well, 52% of the voters rejected your views and your opinions.

The decision has been made, maybe it might be better analysing why Remain couldn't put a better case over instead of venting your obvious left wing agenda and anger on those 52%?

That's far too much effort for a Remoaner - they couldn't be arsed to get out of bed on voting day

Hmm, so you believe that the people who didn't vote want to remain? So only 32% voted to Leave and 68% want to remain then? So we should stay then? That's what you're saying?

Do you not know how "voting" works then? Really? Is that what you're saying? Do you know how numbers work? You don't know that 52 is a bigger number than 48? Really? Is that what you're saying?

And you don't know which is bigger between 32% and 68%. So many Leavers get upset when you discuss the demography of the vote and the educational attainment, however the facts are fairly self evident

Try looking up "voting" in a book. I'm sure Penguin will have published one you'll understand."

But you have said (or the person that you have quoted has said) that those that didn't vote wanted to remain. So that's 68% want to remain, and 32% who want to leave. So we should stay. It's really not that complicated.

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By *LCCCouple  over a year ago

Cambridge


"Goodbye to the lot of them.

If they wish to deal with the UK after Brexit, charge them a large percentage.

Banks should be broken up, they're too big. Bonuses should be made illegal.

You clearly have absolutely no idea whatsoever about taxable income from the banking and insurance sector in London, it's a clear indication of how little people understood what they were voting for in reality......

You clearly don't know about Neo Liberalism.

Just goes to show the mentality of the remain group that support the corrupt banking system that the tax payer bailed out to the tune of billions, and we should be grateful !!!!!!!!#

UNBELIEVABLE is mild.

You know we get more than £30bn a year in tax receipts from the banking sector right? Now add to that insurance and legal services that support banking not to mention the multiple people who are employed to keep the whole think running or where those bankers spend their money, from waitresses in restaurants in the city, to baristas in the coffee shops to the sales men and mechanics in Porsche, Lamborghini and Jaguar garages. Thousands of jobs, billions in tax receipts, and you want to get rid of it all. Truely unbelievably @#$£!#

But don't you dislike capitalism?

Where do you get that idea from?

I stand corrected. For some weird reason I had you down as a socialist. I appologise for the insult

I think you need to brush up on your politics a little bit.

Why?

Because you appear to believe that anyone left of centre doesn't believe in collecting tax receipts for a start.

Eh? Surely the right know otherwise? They are keen to use it against the left after all. "

Well my post was about collecting tax receipts, the other poster was surprised that I would be interested in collecting tax receipts because he believes I am against capitalism.

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By (user no longer on site)  over a year ago


"Goodbye to the lot of them.

If they wish to deal with the UK after Brexit, charge them a large percentage.

Banks should be broken up, they're too big. Bonuses should be made illegal.

You clearly have absolutely no idea whatsoever about taxable income from the banking and insurance sector in London, it's a clear indication of how little people understood what they were voting for in reality......

You clearly don't know about Neo Liberalism.

Just goes to show the mentality of the remain group that support the corrupt banking system that the tax payer bailed out to the tune of billions, and we should be grateful !!!!!!!!#

UNBELIEVABLE is mild.

You know we get more than £30bn a year in tax receipts from the banking sector right? Now add to that insurance and legal services that support banking not to mention the multiple people who are employed to keep the whole think running or where those bankers spend their money, from waitresses in restaurants in the city, to baristas in the coffee shops to the sales men and mechanics in Porsche, Lamborghini and Jaguar garages. Thousands of jobs, billions in tax receipts, and you want to get rid of it all. Truely unbelievably @#$£!#

But don't you dislike capitalism?

Where do you get that idea from?

I stand corrected. For some weird reason I had you down as a socialist. I appologise for the insult

I think you need to brush up on your politics a little bit.

Why?

Because you appear to believe that anyone left of centre doesn't believe in collecting tax receipts for a start. "

You will have to show me where I said that because I think you just made it up. So you are left wing but believe in capitalism when it suits you. Got it, thanks.

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By *imiUKMan  over a year ago

Hereford


"Goodbye to the lot of them.

If they wish to deal with the UK after Brexit, charge them a large percentage.

Banks should be broken up, they're too big. Bonuses should be made illegal.

You clearly have absolutely no idea whatsoever about taxable income from the banking and insurance sector in London, it's a clear indication of how little people understood what they were voting for in reality......

You clearly don't know about Neo Liberalism.

Just goes to show the mentality of the remain group that support the corrupt banking system that the tax payer bailed out to the tune of billions, and we should be grateful !!!!!!!!#

UNBELIEVABLE is mild.

You know we get more than £30bn a year in tax receipts from the banking sector right? Now add to that insurance and legal services that support banking not to mention the multiple people who are employed to keep the whole think running or where those bankers spend their money, from waitresses in restaurants in the city, to baristas in the coffee shops to the sales men and mechanics in Porsche, Lamborghini and Jaguar garages. Thousands of jobs, billions in tax receipts, and you want to get rid of it all. Truely unbelievably @#$£!#

But don't you dislike capitalism?

Where do you get that idea from?

I stand corrected. For some weird reason I had you down as a socialist. I appologise for the insult

I think you need to brush up on your politics a little bit.

Why?

Because you appear to believe that anyone left of centre doesn't believe in collecting tax receipts for a start.

You will have to show me where I said that because I think you just made it up. So you are left wing but believe in capitalism when it suits you. Got it, thanks."

You do know that the left has always been ro highter rates of tax, especially means-related tax (eg income tax) don't you?

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By *LCCCouple  over a year ago

Cambridge


"This thread is funny

What's funny is Brexitters and Remoaners squabbling over this whole thing like it will ake any real difference to most people.

"Meet the new boss, same as the old boss"

"Meet the new boss, well actually don't bother, we sacked you and moved your job abroad. I hope brexit works out well for you, here's your P45"

Globalism won't be stopped by the EU, and you'd be a fool to think otherwise. "

I never said it would be, but it would be slowed. This whole thread is about jobs being moved abroad because of Brexit. Do you think globalism will impact the UK to a greater or lesser extent if we were to have FTA with India and China?

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By (user no longer on site)  over a year ago


"This thread is funny

What's funny is Brexitters and Remoaners squabbling over this whole thing like it will ake any real difference to most people.

"Meet the new boss, same as the old boss"

"Meet the new boss, well actually don't bother, we sacked you and moved your job abroad. I hope brexit works out well for you, here's your P45" "

.

That sounds like the last 40 years of globalisation or are you talking about the next 20 years of brexitizaion?.

Either way what the person said it unfortunately true, some people got shit on from a great height, the EU may have worked for you and me but it didnt for others.

Maybe if the politicians hadnt been overly busy profiting of it themselves we might have done things differently and not been where we are today?.

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By *LCCCouple  over a year ago

Cambridge


"Goodbye to the lot of them.

If they wish to deal with the UK after Brexit, charge them a large percentage.

Banks should be broken up, they're too big. Bonuses should be made illegal.

You clearly have absolutely no idea whatsoever about taxable income from the banking and insurance sector in London, it's a clear indication of how little people understood what they were voting for in reality......

You clearly don't know about Neo Liberalism.

Just goes to show the mentality of the remain group that support the corrupt banking system that the tax payer bailed out to the tune of billions, and we should be grateful !!!!!!!!#

UNBELIEVABLE is mild.

You know we get more than £30bn a year in tax receipts from the banking sector right? Now add to that insurance and legal services that support banking not to mention the multiple people who are employed to keep the whole think running or where those bankers spend their money, from waitresses in restaurants in the city, to baristas in the coffee shops to the sales men and mechanics in Porsche, Lamborghini and Jaguar garages. Thousands of jobs, billions in tax receipts, and you want to get rid of it all. Truely unbelievably @#$£!#

But don't you dislike capitalism?

Where do you get that idea from?

I stand corrected. For some weird reason I had you down as a socialist. I appologise for the insult

I think you need to brush up on your politics a little bit.

Why?

Because you appear to believe that anyone left of centre doesn't believe in collecting tax receipts for a start.

You will have to show me where I said that because I think you just made it up. So you are left wing but believe in capitalism when it suits you. Got it, thanks."

My whole post was about collecting tax receipts, you showed surprise that I would want to collect tax receipts.

Please can you explain what economic system you think someone left of centre believes in if not capitalism?

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By *imiUKMan  over a year ago

Hereford


"This thread is funny

What's funny is Brexitters and Remoaners squabbling over this whole thing like it will ake any real difference to most people.

"Meet the new boss, same as the old boss"

"Meet the new boss, well actually don't bother, we sacked you and moved your job abroad. I hope brexit works out well for you, here's your P45"

Globalism won't be stopped by the EU, and you'd be a fool to think otherwise.

I never said it would be, but it would be slowed. This whole thread is about jobs being moved abroad because of Brexit. Do you think globalism will impact the UK to a greater or lesser extent if we were to have FTA with India and China? "

Utter bollocks - European federalism is one step along the way to total globalisation. This is a goal of the EU.

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By (user no longer on site)  over a year ago


"Paradoxically, the Prestige is what matters to brexiters.

Still, the ones banging on about it, like BoJo, Farage and IDS, they won't be affected by their own folly and incompetence. They're alright Jack, just like Osborne and Cameron.

Well, 52% of the voters rejected your views and your opinions.

The decision has been made, maybe it might be better analysing why Remain couldn't put a better case over instead of venting your obvious left wing agenda and anger on those 52%?

That's far too much effort for a Remoaner - they couldn't be arsed to get out of bed on voting day

Hmm, so you believe that the people who didn't vote want to remain? So only 32% voted to Leave and 68% want to remain then? So we should stay then? That's what you're saying?

Do you not know how "voting" works then? Really? Is that what you're saying? Do you know how numbers work? You don't know that 52 is a bigger number than 48? Really? Is that what you're saying?

And you don't know which is bigger between 32% and 68%. So many Leavers get upset when you discuss the demography of the vote and the educational attainment, however the facts are fairly self evident

Try looking up "voting" in a book. I'm sure Penguin will have published one you'll understand.

But you have said (or the person that you have quoted has said) that those that didn't vote wanted to remain. So that's 68% want to remain, and 32% who want to leave. So we should stay. It's really not that complicated. "

My post neither agreed or disagreed with the person I quoted - do you not read things properly? You really should if you want to understand what's going on. Again, Penguin have many fine books that will help you - many have some lovely pictures too

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By (user no longer on site)  over a year ago


"Goodbye to the lot of them.

If they wish to deal with the UK after Brexit, charge them a large percentage.

Banks should be broken up, they're too big. Bonuses should be made illegal.

You clearly have absolutely no idea whatsoever about taxable income from the banking and insurance sector in London, it's a clear indication of how little people understood what they were voting for in reality......

You clearly don't know about Neo Liberalism.

Just goes to show the mentality of the remain group that support the corrupt banking system that the tax payer bailed out to the tune of billions, and we should be grateful !!!!!!!!#

UNBELIEVABLE is mild.

You know we get more than £30bn a year in tax receipts from the banking sector right? Now add to that insurance and legal services that support banking not to mention the multiple people who are employed to keep the whole think running or where those bankers spend their money, from waitresses in restaurants in the city, to baristas in the coffee shops to the sales men and mechanics in Porsche, Lamborghini and Jaguar garages. Thousands of jobs, billions in tax receipts, and you want to get rid of it all. Truely unbelievably @#$£!#

But don't you dislike capitalism?

Where do you get that idea from?

I stand corrected. For some weird reason I had you down as a socialist. I appologise for the insult

I think you need to brush up on your politics a little bit.

Why?

Because you appear to believe that anyone left of centre doesn't believe in collecting tax receipts for a start.

You will have to show me where I said that because I think you just made it up. So you are left wing but believe in capitalism when it suits you. Got it, thanks.

My whole post was about collecting tax receipts, you showed surprise that I would want to collect tax receipts.

Please can you explain what economic system you think someone left of centre believes in if not capitalism? "

I made no reference whatsoever to tax receipts. I commented on you sticking up for capitalism. So before you start making up things to suit your agenda perhaps try and comprehend what is written rather than make your own conclusion Thank you and goodnight, my work here is done

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By *xplicitlyricsMan  over a year ago

south dublin


"Hopefully more businesses will follow McDonalds who moved all non US operations to london. There is still too much uncertainty to see how it will affect the uk fully.

The tax take from the likes of McDonalds will NEVER equal that of tax receipts from the banking sector.....

In 2015 goldman sachs paid 26.6m dollars in corporate tax in the uk.

2014 macdonalds paid 57.7m pounds on uk operations alone.

One was on 2bn profit and the other was on 225m profit. Can you guess which is which?

You really have no idea, it's like swimming through treacle on here sometimes.....

Ok...tell me how much uk tax big investment banks paid in recent years. Id like facts please."

The financial centre in London contributed £71.4 bn ($91bn) last year which was over 11% of the UKs total tax revenue.

https://www.bloomberg.com/news/articles/2016-12-06/u-k-financial-sector-paid-91-billion-in-annual-tax-study-says

Thats two thirds of the NHS budget or ~90% of the education budget. Losing that revenue will result in massive, massive across the board cuts to everything even with tax increases.

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By (user no longer on site)  over a year ago

Ps- this thread is still funny. Reading all the remainers bitching makes my vote all the more worthwhile

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By *LCCCouple  over a year ago

Cambridge


"Paradoxically, the Prestige is what matters to brexiters.

Still, the ones banging on about it, like BoJo, Farage and IDS, they won't be affected by their own folly and incompetence. They're alright Jack, just like Osborne and Cameron.

Well, 52% of the voters rejected your views and your opinions.

The decision has been made, maybe it might be better analysing why Remain couldn't put a better case over instead of venting your obvious left wing agenda and anger on those 52%?

That's far too much effort for a Remoaner - they couldn't be arsed to get out of bed on voting day

Hmm, so you believe that the people who didn't vote want to remain? So only 32% voted to Leave and 68% want to remain then? So we should stay then? That's what you're saying?

Do you not know how "voting" works then? Really? Is that what you're saying? Do you know how numbers work? You don't know that 52 is a bigger number than 48? Really? Is that what you're saying?

And you don't know which is bigger between 32% and 68%. So many Leavers get upset when you discuss the demography of the vote and the educational attainment, however the facts are fairly self evident

Try looking up "voting" in a book. I'm sure Penguin will have published one you'll understand.

But you have said (or the person that you have quoted has said) that those that didn't vote wanted to remain. So that's 68% want to remain, and 32% who want to leave. So we should stay. It's really not that complicated.

My post neither agreed or disagreed with the person I quoted - do you not read things properly? You really should if you want to understand what's going on. Again, Penguin have many fine books that will help you - many have some lovely pictures too

"

Right, so now you are trying to pull a Spicer, "I just repeated it, that doesn't mean I support it".

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By *imiUKMan  over a year ago

Hereford


"Goodbye to the lot of them.

If they wish to deal with the UK after Brexit, charge them a large percentage.

Banks should be broken up, they're too big. Bonuses should be made illegal.

You clearly have absolutely no idea whatsoever about taxable income from the banking and insurance sector in London, it's a clear indication of how little people understood what they were voting for in reality......

You clearly don't know about Neo Liberalism.

Just goes to show the mentality of the remain group that support the corrupt banking system that the tax payer bailed out to the tune of billions, and we should be grateful !!!!!!!!#

UNBELIEVABLE is mild.

You know we get more than £30bn a year in tax receipts from the banking sector right? Now add to that insurance and legal services that support banking not to mention the multiple people who are employed to keep the whole think running or where those bankers spend their money, from waitresses in restaurants in the city, to baristas in the coffee shops to the sales men and mechanics in Porsche, Lamborghini and Jaguar garages. Thousands of jobs, billions in tax receipts, and you want to get rid of it all. Truely unbelievably @#$£!#

But don't you dislike capitalism?

Where do you get that idea from?

I stand corrected. For some weird reason I had you down as a socialist. I appologise for the insult

I think you need to brush up on your politics a little bit.

Why?

Because you appear to believe that anyone left of centre doesn't believe in collecting tax receipts for a start.

You will have to show me where I said that because I think you just made it up. So you are left wing but believe in capitalism when it suits you. Got it, thanks.

My whole post was about collecting tax receipts, you showed surprise that I would want to collect tax receipts.

Please can you explain what economic system you think someone left of centre believes in if not capitalism?

I made no reference whatsoever to tax receipts. I commented on you sticking up for capitalism. So before you start making up things to suit your agenda perhaps try and comprehend what is written rather than make your own conclusion Thank you and goodnight, my work here is done "

Blimey, there's some straw-clutching going on here...

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By *imiUKMan  over a year ago

Hereford


"Ps- this thread is still funny. Reading all the remainers bitching makes my vote all the more worthwhile "

It's OK, You seem comitted to the Brexit ideology, which makes you a mug in equal proprtions.

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By *LCCCouple  over a year ago

Cambridge


"Goodbye to the lot of them.

If they wish to deal with the UK after Brexit, charge them a large percentage.

Banks should be broken up, they're too big. Bonuses should be made illegal.

You clearly have absolutely no idea whatsoever about taxable income from the banking and insurance sector in London, it's a clear indication of how little people understood what they were voting for in reality......

You clearly don't know about Neo Liberalism.

Just goes to show the mentality of the remain group that support the corrupt banking system that the tax payer bailed out to the tune of billions, and we should be grateful !!!!!!!!#

UNBELIEVABLE is mild.

You know we get more than £30bn a year in tax receipts from the banking sector right? Now add to that insurance and legal services that support banking not to mention the multiple people who are employed to keep the whole think running or where those bankers spend their money, from waitresses in restaurants in the city, to baristas in the coffee shops to the sales men and mechanics in Porsche, Lamborghini and Jaguar garages. Thousands of jobs, billions in tax receipts, and you want to get rid of it all. Truely unbelievably @#$£!#

But don't you dislike capitalism?

Where do you get that idea from?

I stand corrected. For some weird reason I had you down as a socialist. I appologise for the insult

I think you need to brush up on your politics a little bit.

Why?

Because you appear to believe that anyone left of centre doesn't believe in collecting tax receipts for a start.

You will have to show me where I said that because I think you just made it up. So you are left wing but believe in capitalism when it suits you. Got it, thanks.

My whole post was about collecting tax receipts, you showed surprise that I would want to collect tax receipts.

Please can you explain what economic system you think someone left of centre believes in if not capitalism?

I made no reference whatsoever to tax receipts. I commented on you sticking up for capitalism. So before you start making up things to suit your agenda perhaps try and comprehend what is written rather than make your own conclusion Thank you and goodnight, my work here is done "

So you can't explain what you believe someone who is left of centre believes the economic model should be then?

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By *ercuryMan  over a year ago

Grantham


"Hopefully more businesses will follow McDonalds who moved all non US operations to london. There is still too much uncertainty to see how it will affect the uk fully.

The tax take from the likes of McDonalds will NEVER equal that of tax receipts from the banking sector.....

In 2015 goldman sachs paid 26.6m dollars in corporate tax in the uk.

2014 macdonalds paid 57.7m pounds on uk operations alone.

One was on 2bn profit and the other was on 225m profit. Can you guess which is which?

You really have no idea, it's like swimming through treacle on here sometimes.....

Ok...tell me how much uk tax big investment banks paid in recent years. Id like facts please.

The financial centre in London contributed £71.4 bn ($91bn) last year which was over 11% of the UKs total tax revenue.

https://www.bloomberg.com/news/articles/2016-12-06/u-k-financial-sector-paid-91-billion-in-annual-tax-study-says

Thats two thirds of the NHS budget or ~90% of the education budget. Losing that revenue will result in massive, massive across the board cuts to everything even with tax increases.

"

We aren't losing ALL of it though. We need now to look on how we start to regain the shortfall.

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By *ercuryMan  over a year ago

Grantham


"This thread is funny

What's funny is Brexitters and Remoaners squabbling over this whole thing like it will ake any real difference to most people.

"Meet the new boss, same as the old boss"

"Meet the new boss, well actually don't bother, we sacked you and moved your job abroad. I hope brexit works out well for you, here's your P45" .

That sounds like the last 40 years of globalisation or are you talking about the next 20 years of brexitizaion?.

Either way what the person said it unfortunately true, some people got shit on from a great height, the EU may have worked for you and me but it didnt for others.

Maybe if the politicians hadnt been overly busy profiting of it themselves we might have done things differently and not been where we are today?.

"

Exactly. You have to ask why vast areas of middle and Northern England voted "leave".

I would imagine that the livelihoods of bankers living in Canary Wharf and driving a Ferrari was the last thing in their mind when they put their cross in the box last June.

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By *rp861Man  over a year ago

Notts


"Hopefully more businesses will follow McDonalds who moved all non US operations to london. There is still too much uncertainty to see how it will affect the uk fully.

The tax take from the likes of McDonalds will NEVER equal that of tax receipts from the banking sector.....

In 2015 goldman sachs paid 26.6m dollars in corporate tax in the uk.

2014 macdonalds paid 57.7m pounds on uk operations alone.

One was on 2bn profit and the other was on 225m profit. Can you guess which is which?

You really have no idea, it's like swimming through treacle on here sometimes.....

Ok...tell me how much uk tax big investment banks paid in recent years. Id like facts please.

The financial centre in London contributed £71.4 bn ($91bn) last year which was over 11% of the UKs total tax revenue.

https://www.bloomberg.com/news/articles/2016-12-06/u-k-financial-sector-paid-91-billion-in-annual-tax-study-says

Thats two thirds of the NHS budget or ~90% of the education budget. Losing that revenue will result in massive, massive across the board cuts to everything even with tax increases.

"

Not the whole financial sector, investment banks. I.e. goldman sachs, jp morgan, etc. 2014 the 5 biggest investment banks paid a grand total of 21million pounds. These are the companies who are threatening to downsize. Were not going to lose the whole 1.1m financial sector workforce!

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By *xplicitlyricsMan  over a year ago

south dublin


"Hopefully more businesses will follow McDonalds who moved all non US operations to london. There is still too much uncertainty to see how it will affect the uk fully.

The tax take from the likes of McDonalds will NEVER equal that of tax receipts from the banking sector.....

In 2015 goldman sachs paid 26.6m dollars in corporate tax in the uk.

2014 macdonalds paid 57.7m pounds on uk operations alone.

One was on 2bn profit and the other was on 225m profit. Can you guess which is which?

You really have no idea, it's like swimming through treacle on here sometimes.....

Ok...tell me how much uk tax big investment banks paid in recent years. Id like facts please.

The financial centre in London contributed £71.4 bn ($91bn) last year which was over 11% of the UKs total tax revenue.

https://www.bloomberg.com/news/articles/2016-12-06/u-k-financial-sector-paid-91-billion-in-annual-tax-study-says

Thats two thirds of the NHS budget or ~90% of the education budget. Losing that revenue will result in massive, massive across the board cuts to everything even with tax increases.

We aren't losing ALL of it though. We need now to look on how we start to regain the shortfall."

You wont lose it all, moving UK operations to the EU would be as daft as leaving EU operations in the UK. But its going to be a sizeable hit.

In order to make up the shortfall you have to make or take. Making a business or businesses that can make up for that big of a hole will be basically impossible. Taking it from some other country is going to be very tough.

Even if you lower your corporation taxes are you going to go lower than the Irish and other low tax economies? Because you'll have to because you'll also have to make up for the trade tarriffs. Ireland and Luxembourg can get away with these lower taxes because our smaller population means landing these big deals has a much bigger impact on our economy than it will for you. Because lowering your corporation tax means everyone gets that decrease.

Making Brexit work is going to be near impossible because all the changes make Britain less desireable to operate in.

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By *entaur_UKMan  over a year ago

Cannock


"As dull as it was listening to Farage, a fringe element of the Tory Party, a bunch of racists and three influential newspaper owners lie about the awful EU for 25 years, until it eventually got traction and became no longer dull but a disaster?

Here's a thing. This will not go away either. If we leave, we will go back in.

Germany, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 91%

Leave: 9%

Austria, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 82%

Leave: 18%

Poland, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 85%

Leave: 15%

Slovakia, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 78%

Leave: 22%

Hungary, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 86%

Leave: 14%

The UK referendum 23/6/16

Age 18-24 years

Remain: 73%

Leave: 27%

"

Polls again, lol, recent events over the last couple of years have proved how unreliable polls are. You are seriously deluding yourself if you think the UK will rejoin the failing EU. Roll on Wednesday 29th March, sooner we trigger article 50 the better.

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By *xplicitlyricsMan  over a year ago

south dublin


"As dull as it was listening to Farage, a fringe element of the Tory Party, a bunch of racists and three influential newspaper owners lie about the awful EU for 25 years, until it eventually got traction and became no longer dull but a disaster?

Here's a thing. This will not go away either. If we leave, we will go back in.

Germany, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 91%

Leave: 9%

Austria, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 82%

Leave: 18%

Poland, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 85%

Leave: 15%

Slovakia, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 78%

Leave: 22%

Hungary, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 86%

Leave: 14%

The UK referendum 23/6/16

Age 18-24 years

Remain: 73%

Leave: 27%

Polls again, lol, recent events over the last couple of years have proved how unreliable polls are. You are seriously deluding yourself if you think the UK will rejoin the failing EU. Roll on Wednesday 29th March, sooner we trigger article 50 the better. "

We discussed this last week centaur, if thats even your real name, US polls for the primaries and election poll were dead on. As were the numerous races for senate, congress, governers and state legislatures. There was only 1 miss and that was a democratic primary poll in michigan.

Many Brexit polls were also correct including YouGov.

Lies make baby Jesus cry. Shouldnt you stop with the broken record of deceit that is your criticism of the polls?

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By *entaur_UKMan  over a year ago

Cannock


"As dull as it was listening to Farage, a fringe element of the Tory Party, a bunch of racists and three influential newspaper owners lie about the awful EU for 25 years, until it eventually got traction and became no longer dull but a disaster?

Here's a thing. This will not go away either. If we leave, we will go back in.

Germany, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 91%

Leave: 9%

Austria, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 82%

Leave: 18%

Poland, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 85%

Leave: 15%

Slovakia, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 78%

Leave: 22%

Hungary, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 86%

Leave: 14%

The UK referendum 23/6/16

Age 18-24 years

Remain: 73%

Leave: 27%

Polls again, lol, recent events over the last couple of years have proved how unreliable polls are. You are seriously deluding yourself if you think the UK will rejoin the failing EU. Roll on Wednesday 29th March, sooner we trigger article 50 the better.

We discussed this last week centaur, if thats even your real name, US polls for the primaries and election poll were dead on. As were the numerous races for senate, congress, governers and state legislatures. There was only 1 miss and that was a democratic primary poll in michigan.

Many Brexit polls were also correct including YouGov.

Lies make baby Jesus cry. Shouldnt you stop with the broken record of deceit that is your criticism of the polls? "

You forgot the UK general election polls in 2015 there which were widely off the mark. Hardly any of them predicted a Conservative majority and most of them predicted another coalition government so they were wrong. While some USA Presidential election polls and EU referendum polls were not far off the vast majority were wrong and had Clinton and Remain as the clear winners.

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By *xplicitlyricsMan  over a year ago

south dublin


"As dull as it was listening to Farage, a fringe element of the Tory Party, a bunch of racists and three influential newspaper owners lie about the awful EU for 25 years, until it eventually got traction and became no longer dull but a disaster?

Here's a thing. This will not go away either. If we leave, we will go back in.

Germany, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 91%

Leave: 9%

Austria, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 82%

Leave: 18%

Poland, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 85%

Leave: 15%

Slovakia, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 78%

Leave: 22%

Hungary, EU membership referendum, Kantar poll:

Age: 15-24 yrs:

Remain: 86%

Leave: 14%

The UK referendum 23/6/16

Age 18-24 years

Remain: 73%

Leave: 27%

Polls again, lol, recent events over the last couple of years have proved how unreliable polls are. You are seriously deluding yourself if you think the UK will rejoin the failing EU. Roll on Wednesday 29th March, sooner we trigger article 50 the better.

We discussed this last week centaur, if thats even your real name, US polls for the primaries and election poll were dead on. As were the numerous races for senate, congress, governers and state legislatures. There was only 1 miss and that was a democratic primary poll in michigan.

Many Brexit polls were also correct including YouGov.

Lies make baby Jesus cry. Shouldnt you stop with the broken record of deceit that is your criticism of the polls?

You forgot the UK general election polls in 2015 there which were widely off the mark. Hardly any of them predicted a Conservative majority and most of them predicted another coalition government so they were wrong. While some USA Presidential election polls and EU referendum polls were not far off the vast majority were wrong and had Clinton and Remain as the clear winners. "

The General election polls for the UK were off because of last minute changes made by the Tories to get them over the line to a majority. There simply wasnt enough time to properly factor that in.

The US polls were for the popular vote and Clinton did win the popular vote by the exact percentage predicted.

The Brexit one did contain more misses than hits but if you poll 100 elections/referendums that are close some of them will be a few % off. Thats statistical analysis for you.

So the only 2 poll errors were mostly Brexit and the democratic michigan primary. Not bad considering the hundreds of contests theyve gotten right.

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By (user no longer on site)  over a year ago

So London has only been a major financial centre since 1973? hilarious.

that's like all those goons who think football only started when Sky began showing the Premier League

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By (user no longer on site)  over a year ago

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By *xplicitlyricsMan  over a year ago

south dublin


" "

Did you post again to give your own post a thumbs up?

No one thinks London became a financial centre in 73, but things have changed since then. If London cant access the EU market freely then all of a sudden other EU cities have a huge advantage over London that didnt exist pre 1973.

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By (user no longer on site)  over a year ago

Is it time to start shorting the pound yet?

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By (user no longer on site)  over a year ago


"Is it time to start shorting the pound yet? "

The pound will be €1.25 by the end of the year. Remember you heard it here first

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By (user no longer on site)  over a year ago

Would you take a bet on that?

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By (user no longer on site)  over a year ago

Yes. I already have

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By (user no longer on site)  over a year ago

With me?

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By (user no longer on site)  over a year ago


"With me? "

No, with myself. I transfer money to Spain to pay bills when I feel the time is right or with advice from the FX company I use if I'm unable to get over at the right time. But don't take my word for it, see what Goldman Sachs predict if you believe what they say so much

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By (user no longer on site)  over a year ago

Let's make one?

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By *LCCCouple  over a year ago

Cambridge


"Let's make one? "

It's wrong to gamble with people who have certain "vulnerabilities"

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By (user no longer on site)  over a year ago


"Let's make one?

It's wrong to gamble with people who have certain "vulnerabilities" "

But people can learn from their mistakes

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By (user no longer on site)  over a year ago


"Let's make one? "

If that was possible I would and would also make one that the Euro falls below parity with the dollar for the first time before the end of the year

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By (user no longer on site)  over a year ago

We can find a way.

I owe you ten pound for every 0.01 above 1.25 and you owe me ten euro for every 0.01 below?

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By *xplicitlyricsMan  over a year ago

south dublin

I think matchbook allows you to create bets and you can bet on these things, if people really want to put their money where their mouth is...

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By (user no longer on site)  over a year ago

Can't be arsed with that but as I was checking the rates today I came across the BARCLAYS page and their forecasts which are -

€1.19 by mid year

€1.2345 by end of 3rd quarter

€1.28 by end of 2017

And €1.3158 by March 2018

Now I'm not sure whether they look up my posts here for tips or whether they too know what they are talking about

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By *xplicitlyricsMan  over a year ago

south dublin


"Can't be arsed with that but as I was checking the rates today I came across the BARCLAYS page and their forecasts which are -

€1.19 by mid year

€1.2345 by end of 3rd quarter

€1.28 by end of 2017

And €1.3158 by March 2018

Now I'm not sure whether they look up my posts here for tips or whether they too know what they are talking about "

Maybe theyrr trying to sell off their sterling reserves before they become worthless

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By *icklybitMan  over a year ago

Ayrshire

Deutsche Bank commits to London by securing new HQ. Doors will close and doors will open.

http://www.telegraph.co.uk/business/2017/03/23/deutsche-bank-commits-london-securing-new-hq/

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By *xplicitlyricsMan  over a year ago

south dublin


"Deutsche Bank commits to London by securing new HQ. Doors will close and doors will open.

http://www.telegraph.co.uk/business/2017/03/23/deutsche-bank-commits-london-securing-new-hq/"

So its downsizing its 15 buildings to a lot less... wonder will anything else be downsized...

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By *andS66Couple  over a year ago

Derby

So its moving 1,000 staff from the UK to the EU ?

You do realise it took on an extra 2416 staff in the UK in the last 18 mmonths don't you?

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By *oi_LucyCouple  over a year ago

Barbados


"Can't be arsed with that but as I was checking the rates today I came across the BARCLAYS page and their forecasts which are -

€1.19 by mid year

€1.2345 by end of 3rd quarter

€1.28 by end of 2017

And €1.3158 by March 2018

Now I'm not sure whether they look up my posts here for tips or whether they too know what they are talking about "

Wait? Didn't you vote leave? But you believe is predictions by experts. You are a rare unicorn then

-Matt

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By (user no longer on site)  over a year ago


"Can't be arsed with that but as I was checking the rates today I came across the BARCLAYS page and their forecasts which are -

€1.19 by mid year

€1.2345 by end of 3rd quarter

€1.28 by end of 2017

And €1.3158 by March 2018

Now I'm not sure whether they look up my posts here for tips or whether they too know what they are talking about

Wait? Didn't you vote leave? But you believe is predictions by experts. You are a rare unicorn then

-Matt"

No, I predicted it the day before they did. Some remainers here don't believe me so maybe they'll listen to the experts who think pretty much the same as me

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By (user no longer on site)  over a year ago


"Can't be arsed with that but as I was checking the rates today I came across the BARCLAYS page and their forecasts which are -

€1.19 by mid year

€1.2345 by end of 3rd quarter

€1.28 by end of 2017

And €1.3158 by March 2018

Now I'm not sure whether they look up my posts here for tips or whether they too know what they are talking about "

Then it's a safe bet. It's easy to talk shit... Why not put some skin in the game? Do you want to make it 100 er 0.01?

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By (user no longer on site)  over a year ago

It's a safe bet for you candm... Let's go

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By (user no longer on site)  over a year ago


"It's a safe bet for you candm... Let's go "

As if.

Even though it is a safe bet for me.

It's not shit, just follow the numbers already

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By *isandre OP   TV/TS  over a year ago

Durham

It's difficult to predict how the pound will do against the dollar because it's not clear which is the more farcical administration in charge.

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