Is Boris sh*tting himself?

Author
Discussion

don4l

10,058 posts

176 months

Thursday 30th June 2016
quotequote all
Derek Smith said:
Johnson wants nothing more that something akin to the Norwegian option. If, gods help us, he is in charge of negotiations, we'll end up, if what he said is true (just run with me on this one) with open borders remaining.

Brexit is not his thing, Johnson is.
Agreed!

I know that it looks unlikely, but Andrea Leadsom would be the best option, IMHO.


Sam All

3,101 posts

101 months

Thursday 30th June 2016
quotequote all

May in charge, Boris, George, Andrea, Gove in the cabinet.

anonymous-user

Original Poster:

54 months

Thursday 30th June 2016
quotequote all
Derek Smith said:
Greg66 said:
SoS for Brexit would be a good role for Boris. He's got no experience of Government and put bluntly is nowhere near being ready to be PM yet (Transport Minister would be his other potential berth given his experience with bus and cycle lanes in London). Brexit is his "thing" so let him do it.
Johnson wants nothing more that something akin to the Norwegian option. If, gods help us, he is in charge of negotiations, we'll end up, if what he said is true (just run with me on this one) with open borders remaining.

Brexit is not his thing, Johnson is.
Looks like being Bojo just got a whole lot harder.

herewego

8,814 posts

213 months

Thursday 30th June 2016
quotequote all
marshalla said:
herewego said:
I don't see why the rest of us can't buy our financial services from centres in Paris or Frankfurt or anywhere else. Why should we be concerned about London FS?
. http://www.parliament.uk/briefing-papers/sn06193.p...
It's one of many UK industries, I don't see any reason to single it out. If we buy German steel and cars we can buy German insurance.

marshalla

15,902 posts

201 months

Thursday 30th June 2016
quotequote all
herewego said:
It's one of many UK industries, I don't see any reason to single it out. If we buy German steel and cars we can buy German insurance.
Yup. Let's send all the money somewhere else.

RizzoTheRat

25,162 posts

192 months

Thursday 30th June 2016
quotequote all
herewego said:
marshalla said:
herewego said:
I don't see why the rest of us can't buy our financial services from centres in Paris or Frankfurt or anywhere else. Why should we be concerned about London FS?
. http://www.parliament.uk/briefing-papers/sn06193.p...
It's one of many UK industries, I don't see any reason to single it out. If we buy German steel and cars we can buy German insurance.
You don't think >£1Bn/week would be worth keeping hold of?

don4l

10,058 posts

176 months

Thursday 30th June 2016
quotequote all
herewego said:
It's one of many UK industries, I don't see any reason to single it out. If we buy German steel and cars we can buy German insurance.
If we put 10% import duty on German cars, Jaguar might be able to increase production.


AJS-

15,366 posts

236 months

Thursday 30th June 2016
quotequote all
Worth remembering that on the other side of the coin from our financial services industry doing business across the EU there are tons of businesses who are using these services. It makes sense for them to cut a deal.

JagLover

42,406 posts

235 months

Tuna

19,930 posts

284 months

Thursday 30th June 2016
quotequote all
Sam All said:
May in charge, Boris, George, Andrea, Gove in the cabinet.
There aren't the words for how much I don't want May anywhere near a position of authority. She is incapable of negotiation, a firm believer in the police state and the erosion of personal rights and privacy. The only reason people are saying "she's good" is because she's been hiding from the cameras during the referendum.

Gove's reputation in the education sector is disasterous and Osborne wouldn't know how to kick start an economy if you gave him a large can of WD-40.

As Mayor, Boris showed that whilst he might not be the best at every job, he knows how to assemble a team that can deliver.

anonymous-user

Original Poster:

54 months

Thursday 30th June 2016
quotequote all
don4l said:
If we put 10% import duty on German cars, Jaguar might be able to increase production.
Shall we do that to foreign insurers as well?

paulrockliffe

15,702 posts

227 months

Thursday 30th June 2016
quotequote all
JagLover said:
Great news. The best person to deliver the will of the people. I hope the Tory Party see things the same way.

sidicks

25,218 posts

221 months

Thursday 30th June 2016
quotequote all
jonah35 said:
"the banks" is a vague description

nationwide, TSB and co op bank and building societies like Coventry and Yorkshire typically only lend and borrow in the UK and they would still be here. They are the types of banks we, imho, need.

other banks that do more 'exotic' things and that trade more all over Europe and the world like HSBC etc could well have a reason to leave.

i can see it affecting the minority in central London but it would make not a jot of difference to anyone outside of that central financial district in London.

I can see why, therefore, people are forecasting London house prices to fall somewhat and why people in London wish to stay in. But, for those outside of London it won't make a blind bit of difference.

I feel sorry for people that will lose their jobs of course although I would have thought that if the banks moved to paris then the senior staff would move there. yes, we have voted out of the EU but just as you would if you worked for a US company the company could move you over there with a bit of paperwork.

there is no difference to my life now than there was last week.
Do you really not understand the amount of wealth / tax generated by these banks in the UK?

Kermit power

28,643 posts

213 months

Thursday 30th June 2016
quotequote all
turbobloke said:
///ajd said:
We're being totally out played.
Totally outplayed...when exactly did their incessant cajoling to invoke A50 work? I missed the announcement from CMD that you must have seen somewhere.

Being outplayed relates to Iceland and football not the EU and Remainian rhetoric, and Iceland were also sensible enough to withdraw their EU membership application recently.
I'm not quite sure I understand exactly what you're saying, but if you're implying that they're not out-playing us because we're doing too good a job of doing it to ourselves, then you're absolutely spot on.

Why have they stopped going on about article 50? Because the longer our idiot leaders dither and prevaricate and don't do anything at all, the longer banks and other businesses have to say "sod it, let's just move to Frankfurt for a bit of stability".

That's what's killing us, and we're doing it to ourselves. Try selling Cloud software services at the moment. Everything is completely paralysed because customers are paranoid about sensitive customer data security, and at present, they have absolutely no idea what jurisdiction it's going to eventually sit in, when and under whose rules. A week ago, data in Amsterdam, Paris, Berlin and London could be treated pretty much the same way. Now? Who knows?

Dr Jekyll

23,820 posts

261 months

Thursday 30th June 2016
quotequote all
marshalla said:
herewego said:
It's one of many UK industries, I don't see any reason to single it out. If we buy German steel and cars we can buy German insurance.
Yup. Let's send all the money somewhere else.
It doesn't work like that. The more we import the more we can export.

Tuna

19,930 posts

284 months

Thursday 30th June 2016
quotequote all
don4l said:
If we put 10% import duty on German cars, Jaguar might be able to increase production.
It doesn't work like that. If we make foreign cars more expensive, our local producers have less reason to keep their prices down and as a nation we end up having to pay more for our cars (as foreign cars are more expensive, and local cars creep up). It's counter-intuitive, but we want people selling us cheap stuff and attempting to 'protect' industries just causes them to stagnate and slow down. Import tariffs harm us, not the importers.

Mrr T

12,229 posts

265 months

Thursday 30th June 2016
quotequote all
RizzoTheRat said:
jonah35 said:
other banks that do more 'exotic' things and that trade more all over Europe and the world like HSBC etc could well have a reason to leave.

I can see it affecting the minority in central London but it would make not a jot of difference to anyone outside of that central financial district in London.
How much tax do those banks pay?


Edited by RizzoTheRat on Thursday 30th June 09:07
It not just about how much the bank pay but how much all the employees who lose their jobs pay. My estimate is £12/16bn.

don4l

10,058 posts

176 months

Thursday 30th June 2016
quotequote all
desolate said:
don4l said:
If we put 10% import duty on German cars, Jaguar might be able to increase production.
Shall we do that to foreign insurers as well?
Huh?


Mrr T

12,229 posts

265 months

Thursday 30th June 2016
quotequote all
jonah35 said:
"the banks" is a vague description

nationwide, TSB and co op bank and building societies like Coventry and Yorkshire typically only lend and borrow in the UK and they would still be here. They are the types of banks we, imho, need.

other banks that do more 'exotic' things and that trade more all over Europe and the world like HSBC etc could well have a reason to leave.

I can see it affecting the minority in central London but it would make not a jot of difference to anyone outside of that central financial district in London.

I can see why, therefore, people are forecasting London house prices to fall somewhat and why people in London wish to stay in. But, for those outside of London it won't make a blind bit of difference.

I feel sorry for people that will lose their jobs of course although I would have thought that if the banks moved to paris then the senior staff would move there. yes, we have voted out of the EU but just as you would if you worked for a US company the company could move you over there with a bit of paperwork.

there is no difference to my life now than there was last week.
Its not just banks, its all financial services companies, and its not just London. Many have large serving centres outside London. For example JPM employs 4k people in Bournemouth working in its securities servicing centre. Many of these are servicing EU clients.

Nice to know you are OK. Shame you do not care about others.


don4l

10,058 posts

176 months

Thursday 30th June 2016
quotequote all
Tuna said:
don4l said:
If we put 10% import duty on German cars, Jaguar might be able to increase production.
It doesn't work like that. If we make foreign cars more expensive, our local producers have less reason to keep their prices down and as a nation we end up having to pay more for our cars (as foreign cars are more expensive, and local cars creep up). It's counter-intuitive, but we want people selling us cheap stuff and attempting to 'protect' industries just causes them to stagnate and slow down. Import tariffs harm us, not the importers.
If you want to go all Patrick Minford, then we should just shut down all car production immediately. After all, we would all be better off. Wouldn't we?