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The restructure alluded to is moving operations abroad. Profitable operations at that.

Wonder where they'll be paying taxes on that profit.

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I read that article a while back but not sure how it alters anything. How will it benefit the economy that many lenders will leave the UK?

It's not just the effects of Brexit, Cities across Europe are literally rolling out the red carpet to acquire lenders they have been trying to obtain for years.

As I mentioned before it’s a case of trying to gain the least damaging outcome.

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have there been any positives from the brexit decision

I suppose you could say that exporters are enjoying increased sales due to the exchange rate but if they rely on imported goods or services then their bottom lines will be taking a hammering.

comment by Dean Sturridge's Nephü (Formerly LGT) (U13718)
posted 9 minutes ago
I suppose you could say that exporters are enjoying increased sales due to the exchange rate but if they rely on imported goods or services then their bottom lines will be taking a hammering.
----------------------------------------------------------------------

was speaking to a market guy and he was saying new stock will mean he has to raise his prices on things. so stuff that was £10 will now be £11 due to his increase in costs

he is a small business but is not happy

comment by Zlatanariyan (U19849)
posted 4 minutes ago
comment by Dean Sturridge's Nephü (Formerly LGT) (U13718)
posted 9 minutes ago
I suppose you could say that exporters are enjoying increased sales due to the exchange rate but if they rely on imported goods or services then their bottom lines will be taking a hammering.
----------------------------------------------------------------------

was speaking to a market guy and he was saying new stock will mean he has to raise his prices on things. so stuff that was £10 will now be £11 due to his increase in costs

he is a small business but is not happy
----------------------------------------------------------------------
Keep an eye out for reduced food quantities. 200g cereal now 180g etc.

comment by What would Stuart Pearce do? (U3126)
posted 1 minute ago
comment by Zlatanariyan (U19849)
posted 4 minutes ago
comment by Dean Sturridge's Nephü (Formerly LGT) (U13718)
posted 9 minutes ago
I suppose you could say that exporters are enjoying increased sales due to the exchange rate but if they rely on imported goods or services then their bottom lines will be taking a hammering.
----------------------------------------------------------------------

was speaking to a market guy and he was saying new stock will mean he has to raise his prices on things. so stuff that was £10 will now be £11 due to his increase in costs

he is a small business but is not happy
----------------------------------------------------------------------
Keep an eye out for reduced food quantities. 200g cereal now 180g etc.
----------------------------------------------------------------------

yeah that was creeping in before brexit too tbf

i live in stoke these days and tbh most brexiters voted that way based on race and immigration. here there is a history with bnp voting etc

i work in the communities and the amount of people regretting they voted out is astonishing tbh

Brexit has not happened.....calm down and make the best of life.

Listening to media and politicians say we are doomed, but how many times do these experts have to call it wrongly?.

thebluebellsareblue

Yes, we're hardly doomed. But it's not the media nor politicians analysis but independent assessment of the developing situation.

I'm usually an optimist. But blind optimism, when faced with the available information, is just not realistic.

comment by What would Stuart Pearce do? (U3126)
posted 1 minute ago
thebluebellsareblue

Yes, we're hardly doomed. But it's not the media nor politicians analysis but independent assessment of the developing situation.

I'm usually an optimist. But blind optimism, when faced with the available information, is just not realistic.
----------------------------------------------------------------------
Fair point, but we can talk ourselves down, and it depends on so many factors, some beyond our control.

Unemployment is down and growth is up by 2 to 3 percent. ...in the past quarter.
Economic treasury forecasts are open to debate, and influenced by spin too.

We can trade globally, less regulation, less unskilled immigration, use the pro- brexiit relationship with America.

The world is in debt, and we will see robots and automation takeover.

comment by thebluebellsareblue (U9292)
posted 7 minutes ago
comment by What would Stuart Pearce do? (U3126)
posted 1 minute ago
thebluebellsareblue

Yes, we're hardly doomed. But it's not the media nor politicians analysis but independent assessment of the developing situation.

I'm usually an optimist. But blind optimism, when faced with the available information, is just not realistic.
----------------------------------------------------------------------
Fair point, but we can talk ourselves down, and it depends on so many factors, some beyond our control.

Unemployment is down and growth is up by 2 to 3 percent. ...in the past quarter.
Economic treasury forecasts are open to debate, and influenced by spin too.

We can trade globally, less regulation, less unskilled immigration, use the pro- brexiit relationship with America.

The world is in debt, and we will see robots and automation takeover.
----------------------------------------------------------------------
The OBR budget forecast was based on the UK having the same trading relationships with the EU. Which in reality looks less and less achievable.

Whilst politicians can spin the data to suit an agenda, the OBR is a non-departmental public body. In that analysis is non-partisan.

In regard to regulatory trading requirements, no one particular country can change these. In respect to the UK. We'll either comply with EU regulations, or elsewhere, WTO.

But as the UK have already shown the world immigration is an issue, this will place us in a weaker position when brokering new trading relationships. As recently demonstrated from India. Countries will undoubtedly use this as leverage when negotiating.

In any event, a transitional deal looks the only way out of the EU, which will be implemented in 2019. When it finishes, circa 2021, the UK can begin the process of forging new trading relationships elsewhere.

Not all doom and gloom but at present, and most likely, for the next decade any benefit of leaving the EU will not be known.

comment by What would Stuart Pearce do? (U3126)
posted 8 hours, 13 minutes ago
comment by thebluebellsareblue (U9292)
posted 7 minutes ago
comment by What would Stuart Pearce do? (U3126)
posted 1 minute ago
thebluebellsareblue

Yes, we're hardly doomed. But it's not the media nor politicians analysis but independent assessment of the developing situation.

I'm usually an optimist. But blind optimism, when faced with the available information, is just not realistic.
----------------------------------------------------------------------
Fair point, but we can talk ourselves down, and it depends on so many factors, some beyond our control.

Unemployment is down and growth is up by 2 to 3 percent. ...in the past quarter.
Economic treasury forecasts are open to debate, and influenced by spin too.

We can trade globally, less regulation, less unskilled immigration, use the pro- brexiit relationship with America.

The world is in debt, and we will see robots and automation takeover.
----------------------------------------------------------------------
The OBR budget forecast was based on the UK having the same trading relationships with the EU. Which in reality looks less and less achievable.

Whilst politicians can spin the data to suit an agenda, the OBR is a non-departmental public body. In that analysis is non-partisan.

In regard to regulatory trading requirements, no one particular country can change these. In respect to the UK. We'll either comply with EU regulations, or elsewhere, WTO.

But as the UK have already shown the world immigration is an issue, this will place us in a weaker position when brokering new trading relationships. As recently demonstrated from India. Countries will undoubtedly use this as leverage when negotiating.

In any event, a transitional deal looks the only way out of the EU, which will be implemented in 2019. When it finishes, circa 2021, the UK can begin the process of forging new trading relationships elsewhere.

Not all doom and gloom but at present, and most likely, for the next decade any benefit of leaving the EU will not be known.
----------------------------------------------------------------------
A case of wait and see, and I hope we roll u our collective sleeves to make it work.

Cheers for the well thought out replies bud, as you know your stuff 😃

Stu Pearce.

We are going to the Whitehead Victorian fair today and Hillside near Monkstown for some nore Christmas feeling.....catch ya later.

comment by thebluebellsareblue (U9292)
posted 2 hours, 34 minutes ago
Stu Pearce.

We are going to the Whitehead Victorian fair today and Hillside near Monkstown for some nore Christmas feeling.....catch ya later.
----------------------------------------------------------------------
At least it's dry!!!

comment by Zlatanariyan (U19849)
posted 17 hours, 22 minutes ago
have there been any positives from the brexit decision
----------------------------------------------------------------------

UKIP seems to be a bit of a mess currently.

That is literally it.....

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Taking back control

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