London post-brexit as a financial center

Discussion in 'Wall St. News' started by TraDaToR, Dec 12, 2018.

  1. Visaria

    Visaria

    I think Scotland should be kicked out of the UK asap. Wales too. Northern Ireland as well. All are economic parasites on England.
     
    #391     Feb 21, 2019
  2. Visaria

    Visaria

    I hope they all go. UK taxpayers are sick and tired of having to subside these economic zombies who need govt (uk or EU) support in order to function.
     
    #392     Feb 21, 2019
  3. d08

    d08

    Do you have any proof that they are a net economic drain on the economy? All those thousands of unemployed are certainly going to be a real tax benefit.
     
    #393     Feb 21, 2019
  4. d08

    d08

    You don't seem to understand that Honda UK doesn't mainly make cars for the UK. Most of the output is headed to EU countries. Or did you think the 160,000 Civics they make all are for the UK?

    You literally made up the fact about the "Romanian guy who cleans the toilets". Swindon having very few immigrants, ironically.
    But hey, when you can lie to make a point, why not, right?

    But you're right that Brexit isn't the main reason, it's Japan/EU trade deal. As a result the EU loses nothing (Honda prices will be similar due to the trade deal). Brits will have more expensive vehicles due to import taxes.
     
    #394     Feb 21, 2019
  5. dealmaker

    dealmaker

    Barclays Brexit

    Barclays, which is back in the black, has taken a special impairment charge of nearly $200 million to deal with Brexit—but it's not going anywhere. "There is a lot of uncertainty out there," said CEO Jes Staley. "What is important for Barclays is we are a British bank and we are staying committed to the U.K." CNBC
     
    #395     Feb 21, 2019
  6. dealmaker

    dealmaker

    Irish Opportunity

    Ireland is these days the EU's fastest-growing economy, and has become an attractive destination for jobs that are leaving Britain thanks to Brexit. And, as Richard Mogran writes for Fortune: "The ascent of Ireland as a global player and the subtle shift in power between it and the U.K. isn't going over well with some in Britain—namely, the Brexit supporters who remain in Parliament." Fortune
     
    #396     Feb 21, 2019
  7. dealmaker

    dealmaker

    ""
     
    #397     Feb 21, 2019
  8. Visaria

    Visaria

    Even if that was true, they are not building their new factory in the EU, but in Asia.
     
    #398     Feb 21, 2019
  9. Visaria

    Visaria

    LOL, UK GDP is about ten times Ireland's.
     
    #399     Feb 21, 2019
  10. Visaria

    Visaria

    Honda does not sell that many cars here compared to other manufacturers. Its biggest market is the US.

    After Brexit, we can choose whether or not to impose tariffs. The best policy, imo, would be the unilateral free trade i.e. no tariffs and no restrictions on our side. The EU of course will not like this. The UK is the largest export market for the EU-27. They would have to compete in this market with every other country in the world. Quite simply they could be priced out for much of their products.
     
    #400     Feb 21, 2019