Brexit , borders and lorries

More than 7,500 financial services jobs switched to Europe - survey

More than 7,500 UK financial services roles have been relocated to Europe as firms make final Brexit preparations, according to a survey.
EY’s Brexit tracker said over 400 of the job switches have been announced in recent weeks, ahead of the transition period for leaving the EU coming to an end on 31 December.

The survey, tracking announcements made since the referendum, also found firms are transferring assets totalling more than £1.2trn from the UK to the European Union.

Meanwhile, firms have been hiring for 2,850 new roles in Europe since the vote in 2016, EY said.

Financial companies including banks, insurers and asset managers have been opening new hubs or expanding existing sites in Europe as they prepare for the end of transition arrangements.

Brussels has said it will only offer selective access for the City of London’s financial services under its “equivalence” system, an arrangement under which Britain’s finance regulations must be equivalent to the EU’s.

The jobs and assets migrating to Europe from the UK remains a fraction of the overall UK financial sector.

But Omar Ali, UK financial services managing partner at EY, said there could be a “flurry of further staff and operational announcements” in coming weeks.

He added: “The clock is running down, and with the possibility of a second COVID-19 spike threatening cross-border movement in the final three months of the transition period, firms must now ensure that as a minimum they will be operational and can serve clients on the 1 January 2021.”

Dublin remains the most popular destination for new hubs, followed by Luxembourg, Frankfurt and Paris, EY said.

msn.com/en-gb/money/news/mo … ailsignout

Surprised nobody posted anything about this so far?
thelondoneconomic.com/busin … ins/30/09/
Seems Johnson is concerned that Brexit might actually be harmful to the UK motor industry.
No !!! Sherlock!

anon84679660, the typical man on the street does not go into vast detail when deciding the way to vote. His or her vote will be based on what he/she sees every day. Even those that devour the news will only retain so much and it is virtually impossible to consider every aspect and implication. I expect the reasons people voted to leave will vary quite widely, but they will be personal to them and what they have experienced and witnessed.

Speaking personally I voted to leave almost exclusively because I felt it was completely unsustainable to add hundreds of thousands of people to a population year on year. I also felt that the UK was a magnet for people coming for a few reasons, including how well it treats people and the widely spoken language. When I see people staying with their parents into their 30s, I don’t think it is particularly great that vast quantities of accommodation is being taken up by people who were not born in the country and, who I might add, are doing unskilled jobs.

My general impression of EU immigrants is also that if the going ever got rough here or things got better back home, they would be off. People coming to make the UK their home that are committed, come what may, to stay, would be different, but I don’t think that is the majority. You may say my impression is wrong, but the fact is that I had one vote and that vote was based on MY impressions and experiences.

Of course these arguments played out when people voted in 2016. We have been through the pathetic delaying tactics and the public again endorsed Brexit at the last election with even lifelong Labour voters doing the unthinkable deed of voting Tory just to get this thing done. They had already voted overwhelmingly in favour of Brexit in the European elections when the Brexit Party got a landslide. If MPs had behaved themselves it wouldn’t have been necessary to give Boris five years in power.

LONDON (Reuters)

  • Britain should celebrate its looming break from the “anti-science and anti-innovation” approach of the European Union even if it costs its industry more in red tape, the government’s Brexit supremo Michael Gove said on Thursday
    Gove was asked in the House of Commons by an opposition lawmaker why companies in the chemicals industry should have to stump up an extra 1 billion pounds in the midst of an economic crisis to duplicate regulation that it already has with the EU.

Gove, the minister handling Brexit divorce issues for Britain and one of the leading advocates for the break with Brussels, said extra red tape was the price of securing autonomy and independence to become more competitive in the future.

“It’s an inevitable consequence of leaving the European Union Single Market and Customs Union and freeing ourselves from the jurisdiction of the Court of Justice of the European Union that we do have to have our own regulatory systems in place,” he said.

“One of the great prizes of leaving the European Union is that when it comes to life sciences and other areas we will be free from the often anti-science and anti-innovation approach that the EU has had hitherto.”

Britain’s chemicals industry, which includes companies such as Ineos, Johnson Matthey, Croda and Synthomer, is bound to the EU by an especially dense web of laws and safety standards, and an EU products registry called Reach.

The lawmaker asking the question, Labour’s Hilary Benn, said his parliamentary select committee had been told by representatives of the industry that the cost of registering all chemicals under a new UK Reach system would be around 1 billion pounds.

For coastal communities around the UK, the fishing industry is their economic lifeblood, bringing in close to 1 Billion GBP to the UK economy annually. While the industry is small in comparison to the financial sector, fishing rights have assumed outsized importance in Brexit negotiations between the UK and European Union.
Many fishermen would see the UK’s departure from the Common Fisheries policy as a step forward, arguing that our membership has resulted in the loss of British jobs and income.
Most concede however that a compromise will need to be struck, as much of the catch is sold into European markets, which, if disrupted, would be a major blow to British fishing operations. Meanwhile, warming waters have driven much of the profitable fish, such as cod, farther north, only to be replaced with less profitable species such as spider crab.
As waters have warmed the crabs have massed in the channel where they come to shed their shells, a process that leaves much of them inedible. Amid these environmental and political concerns, there is the coronavirus pandemic, which shuttered countless restaurants and deprived these fleets of many regular customers.

pierrot 14:

OwenMoney:
https://www.thelocal.fr/20200908/brexit-reminder-what-brits-in-europe-need-to-know-about-travel-after-december-31st

Excellent website OM, really good info.
Just waiting for the new Fr.gov website to go live so I can sort out my wife’s CdS

Update Pierrot - ( From the Saisine des services de l’Etat par Voie électronique site)

Update of the online residence permit request service for British citizens residing in France
Article créé le 10/02/2020 Mis à jour le 30/09/2020

Pursuant to the United Kingdom’s withdrawal agreement from the European Union, each British citizen already living in France before December 31, 2020, or wishing to move to France before this date must compulsorily apply for a residence permit online before June 30, 2021.
thelocal.fr/20200924/online … ayed-again
The application must be made on this website in the course of October 2020. (It’s the 15 / 10 now )

British citizens will only be required to hold a residence permit as of 1 July 2021.

If you are a British citizen or family member of a British citizen and you have already applied for a residence permit on the no-deal Brexit website between October 2019 and January 2020, you do not need to make a new online application. Your application has already been taken into account and will be processed by the local prefecture before the obligation to hold a residence permit becomes enforceable.

bbc.com/news/business-54377749

HMRC estimates the cost of filling in 200 million customs declarations alone - deal or no deal - will cost UK business more than £7bn a year.

France has submitted a bid to host part of the European weather forecasting centre, which is leaving its current home in the UK because of stupid Brexit
The European Centre for Medium-Range Weather Forecasts is currently based in Reading - 150 jobs
France has already secured the hosting of the European Banking Regulator, which moved from London to Paris last year, and the relocation of several high profile banks.

From 1st Oct.
theweek.co.uk/brexit/108239 … pe-from-uk
Remember how the EU “needs” The City? 7,500 jobs and a trillion quid…£1,000,000,000,000… of assets gone.
Seems, just like we can adapt, so can they! Who would possibly have seen that happening?

anon84679660:

the maoster:
P.s. I didn’t leave before because I was content, I’m ecstatic now. What’s your excuse for hanging around?

Since you were content before Brexit, why did you want to change everything, turn things upside down and vote for Brexit?
What did you think Brexit could improve, since you were content how things were already?

If I knew the vote would turn the way it turned I would have made the right moves, but after the Brexit it was to late, as GBP tanked and already,a matter of minutes lost so much value.
I wasn’t able to liquidate my little assets denominated in GBP, as I didn’t not have them in a currency trading account than could be converted in a matter of minutes,or should I say , seconds and you don’t sell things when they are cheap, but when they get expensive, so now it’s too late for that.
Another reason is I have a very good job in this could,that I would still struggle to find if I was to move abroad, considering my age and that I would need to be starting from the bottom again, no matter where I decided to move, but I never say never,things might get so desperate in this country that even taking a financial hit, selling all and moving abroad, even in my situation, might make sense.

For the time being I am having a front row seat watching movie “Unravelling of a great Brexit lie”

Because he believed the papers, politicians and facebook like the other 17.4 million, over the fact he was perfectly happy.

I mean he still is using ‘you lost get over it’…

No point arguing with that kind of logic.

You still fail to grasp it after all this time don’t you? ^^^ Your view, whilst not irrelevant is actually worthless! A demcratic vote took place in which the electorate voted by a majority to leave. It really is that simple, all your hand wringing, wailing and gnashing of teeth will not change that simple inescapable fact. Get over it.

the maoster:
You still fail to grasp it after all this time don’t you? ^^^ Your view, whilst not irrelevant is actually worthless! A democratic vote took place in which the electorate voted by a majority to leave. It really is that simple, all your hand wringing, wailing and gnashing of teeth will not change that simple inescapable fact. Get over it.

A non binding referendum took place in which some 37 % of the total uk population voted leave . Democracy in action.

the maoster:
You still fail to grasp it after all this time don’t you? ^^^ Your view, whilst not irrelevant is actually worthless! A demcratic vote took place in which the electorate voted by a majority to leave. It really is that simple, all your hand wringing, wailing and gnashing of teeth will not change that simple inescapable fact. Get over it.

it was a non binding referendum. My views may be worthless, but at least they are accurate

OwenMoney:

the maoster:
You still fail to grasp it after all this time don’t you? ^^^ Your view, whilst not irrelevant is actually worthless! A democratic vote took place in which the electorate voted by a majority to leave. It really is that simple, all your hand wringing, wailing and gnashing of teeth will not change that simple inescapable fact. Get over it.

A non binding referendum took place in which some 37 % of the total uk population voted leave . Democracy in action.

And if it had been a yes with only 37% of the population voting would it still be democracy in action?

Mazzer2:

OwenMoney:

the maoster:
You still fail to grasp it after all this time don’t you? ^^^ Your view, whilst not irrelevant is actually worthless! A democratic vote took place in which the electorate voted by a majority to leave. It really is that simple, all your hand wringing, wailing and gnashing of teeth will not change that simple inescapable fact. Get over it.

A non binding referendum took place in which some 37 % of the total uk population voted leave . Democracy in action.

And if it had been a yes with only 37% of the population voting would it still be democracy in action?

of course - that’s the biggest irony - 37 % isn’t the majority of the population . Still, democracy is usually what everybody wants and nobody gets.

Of course it wasn’t 37% of the population, it was 37% of those eligible (and registered) to vote. If people don’t vote is that not equivalent to abstaining? What other conclusion can be drawn about a person’s intentions other than to consider them neutral and with no preference?

National totals
Remain Leave
16,141,241 17,410,742

Total electorate: 46,500,001

Turnout: 72.2%

Rejected ballots: 25,359

From the Electoral commission site -

OwenMoney:
National totals
Remain Leave
16,141,241 17,410,742

Total electorate: 46,500,001

Turnout: 72.2%

Rejected ballots: 25,359

From the Electoral commission site -

But you can only count votes that are cast, would the result have been different if we had compulsory voting no one will ever know, the rules for the referendum were agreed by parliament and applied equally to both sides spurious argument to be honest

Indeed.

So 1 269.495 votes were enough to give the bat sh t f up we are all living through and having to pay for.

Voter antipathy has a lot to answer for

OwenMoney:
Indeed.

So 1 269.495 votes were enough to give the bat sh t f up we are all living through and having to pay for.

Voter antipathy has a lot to answer for

It does but unless you have compulsory voting we’re stuck with it, although nothing to say that the apathy brigade would have all voted remain