I think Layton will be overtaking London soon once we get the banks reopened, and a bigger park and ride at the station.
I apologise if me pointing out your relentless negativity offends you. I'll try not to point it out quite so often. Every other hour ok?Didn't you win highly strung poster of the year award in 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019 and 2020? You're a shoe in for 2021 as well
And the grasping at straws whilst meaning absolutely nothing award is given to that last sentence. Hurray, clap, clap, clap.We only hear of the inevitably negative consequences to the UK.
I wonder what the negative consequences are to the EU, as there is going to be some (and I don't mean the nonsense about custard creams).
Perhaps our more gradual approach to the change is cushioning the impact for now; but at some point, it will hit.
The Treasury expect a loss of £7 Billion in tax revenues by this loss of trade. Our EU membership net spend averaged £7.8 Billion over the last 5 years. So this single shift in trade from the UK to the EU has pretty much cost us the same amount as EU membership.
Trade volumes in London are 75 times larger than Amsterdam. Nothing to see here. Move along
Billions in Derivitives have also shifted to New York.You omitted to say that the UK has 43% of the global forex market, and this has increased by six percentage points in three years. The next highest is the US with 16.5% and declining, while the Asian centres of Japan, Hong Kong and Singapore have predominantly been static.
Welcome to the legacy of ThatcherismHow did we ever come to be so reliant on a “service” that doesn’t have factories, employs many workers, doesn’t produce anything physical that you can hold, sell, keep for sentimental reasons or treasure for reasons of aesthetics and is, to all intents and purposes a great big betting shop.
How come it has such a big hold on the economy - though it does pay taxes (sometimes) but is open to all kinds if insider dealing, corruption and downright cheating - never was a more apt saying than “know the value of everything and the worth of nothing” - money for old rope as long as you know the right people innit!
According to a Freedom of Information request by financial regulatory consultancy Bovill, 1441 EU-based financial services firms have applied for permission to operate in the UK, with two thirds of these planning to establish their first office in the UK. The firms applied to the Temporary Permission Regime, with 83% of these on a services passport, meaning they would need to set up an office in the UK for the first time. The countries from which the largest number of firms have applied are Ireland, France and Germany, which together account for over a third of the firms on the TPR.