Jumping ship
UK finance giants are stepping up moves to shift operations and staff to the EU amid growing fears of a no-deal Brexit, MPS have been warned.
Monday evening in London. There were 100 successful business people in the room. Mostly men, a few women. Mostly Brits, a few foreigners. All intelligent. All very well educated. All understand the UK economy. All understand business. Does anyone care guess how many are Brexiteers?
Pax Vobiscum
They are the most heavily subsidised industry in UK history and any tax they pay will probably take a century to recoup the over one trillion pounds subsidy. Farewell to them and invest in manufacturing then we can reduce imports and unemployment.
Lana58
Subsidiary firms in the EU sounds fair enough. What’s the problem?
Arch Stainton
Financial businesses are notoriously footloose. An empty office anywhere and good communications does for them. No factories, transport, workers or vast equipment needed. Even their personnel can work from home on another continent. As long as an office boy or girl sits behind a desk in an office, then they can call that their HQ. Panic ye not!
Andy Mac
This is good news, it works for all concerned. We voted leave and that is what we are doing. Enough talking, let’s do this.
Med One
Much as I would like to remain in the single market and customs union I am not overly bothered if the financial services industry in London shrinks significantly, it is too big and damages the rest of the UK economy. They portray