HSBC headquarters to relocate from London to Birmingham
Discussion
"The headquarters of the personal and business arm of HSBC bank will relocate from London to Birmingham, it has been announced.
The bank said about 1,000 jobs will be transferred from the UK capital as part of the move, starting in mid-2017."
http://www.bbc.co.uk/news/uk-england-32037169
My initial reaction was good news for Brum but it seems a bit unfair on the existing employees having to relocate.
The bank said about 1,000 jobs will be transferred from the UK capital as part of the move, starting in mid-2017."
http://www.bbc.co.uk/news/uk-england-32037169
My initial reaction was good news for Brum but it seems a bit unfair on the existing employees having to relocate.
Edinburger said:
Magog said:
Slightly misleading thread title, it's just the UK Bank, the one that used to be called The Midland Bank and was founded in Birmingham.
I assume this isn't their office in Canary Wharf which is closing then? Isn't that (together with Hong Kong) their global head office?Retail is a bit easier to find staff, but the quality is just not there in Birmingham, the Scottish bank staff in Birmingham that I used to consult for are fking shocking and have difficulties knowing their arse from their elbow.
iphonedyou said:
McWigglebum4th said:
Poor bds having to locate to birmingham
how will they cope with having houses with more then 1 bedroom
And what if they end up with
-
-
-
-
-
-
a
GARDEN
Poor southerns will be lost
Would take a lot more than to entice me. Moon on a stick, maybe.how will they cope with having houses with more then 1 bedroom
And what if they end up with
-
-
-
-
-
-
a
GARDEN
Poor southerns will be lost
I have lived in West Sussex, currently on the South Downs, for the last twenty five years and I love it. But if the opportunity came to move back to the West Midlands I wouldn't think twice.
Maybe you'd want to take your blinkers off?
OzzyR1 said:
One of my friends moved to Brum recently as an analyst with Deutsche.
Swapped her two bed Farringdon flat for a 5+ bed house in a couple of acres out near Bridgnorth somewhere.
Loves it.
Ssshhhhh.... you're referring to a dreadful part of the country. Nobody from London should ever wish to move here.Swapped her two bed Farringdon flat for a 5+ bed house in a couple of acres out near Bridgnorth somewhere.
Loves it.
Andy Zarse said:
iphonedyou said:
McWigglebum4th said:
Poor bds having to locate to birmingham
how will they cope with having houses with more then 1 bedroom
And what if they end up with
-
-
-
-
-
-
a
GARDEN
Poor southerns will be lost
Would take a lot more than to entice me. Moon on a stick, maybe.how will they cope with having houses with more then 1 bedroom
And what if they end up with
-
-
-
-
-
-
a
GARDEN
Poor southerns will be lost
I have lived in West Sussex, currently on the South Downs, for the last twenty five years and I love it. But if the opportunity came to move back to the West Midlands I wouldn't think twice.
Maybe you'd want to take your blinkers off?
Andy Zarse said:
iphonedyou said:
McWigglebum4th said:
Poor bds having to locate to birmingham
how will they cope with having houses with more then 1 bedroom
And what if they end up with
-
-
-
-
-
-
a
GARDEN
Poor southerns will be lost
Would take a lot more than to entice me. Moon on a stick, maybe.how will they cope with having houses with more then 1 bedroom
And what if they end up with
-
-
-
-
-
-
a
GARDEN
Poor southerns will be lost
I have lived in West Sussex, currently on the South Downs, for the last twenty five years and I love it. But if the opportunity came to move back to the West Midlands I wouldn't think twice.
Maybe you'd want to take your blinkers off?
To be honest, my ex's mother lived in Harborne and I always used to enjoy going there and your money would go a lot further...
OzzyR1 said:
One of my friends moved to Brum recently as an analyst with Deutsche.
Swapped her two bed Farringdon flat for a 5+ bed house in a couple of acres out near Bridgnorth somewhere.
Loves it.
Don't doubt that. We live in a relatively leafy part of London and really have no complaints, yet I'm sure I'd prefer living in just what you describe. Swapped her two bed Farringdon flat for a 5+ bed house in a couple of acres out near Bridgnorth somewhere.
Loves it.
Trouble is that it is something of a one-way ticket. Your provincial house price won't rise as fast as prices in London, and more to the point, you probably won't want to move back. Which is likely to limit your career choices in something like banking a fair bit, I would have thought.
Greg66 said:
OzzyR1 said:
One of my friends moved to Brum recently as an analyst with Deutsche.
Swapped her two bed Farringdon flat for a 5+ bed house in a couple of acres out near Bridgnorth somewhere.
Loves it.
Don't doubt that. We live in a relatively leafy part of London and really have no complaints, yet I'm sure I'd prefer living in just what you describe. Swapped her two bed Farringdon flat for a 5+ bed house in a couple of acres out near Bridgnorth somewhere.
Loves it.
Trouble is that it is something of a one-way ticket. Your provincial house price won't rise as fast as prices in London, and more to the point, you probably won't want to move back. Which is likely to limit your career choices in something like banking a fair bit, I would have thought.
Greg66 said:
OzzyR1 said:
One of my friends moved to Brum recently as an analyst with Deutsche.
Swapped her two bed Farringdon flat for a 5+ bed house in a couple of acres out near Bridgnorth somewhere.
Loves it.
Don't doubt that. We live in a relatively leafy part of London and really have no complaints, yet I'm sure I'd prefer living in just what you describe. Swapped her two bed Farringdon flat for a 5+ bed house in a couple of acres out near Bridgnorth somewhere.
Loves it.
Trouble is that it is something of a one-way ticket. Your provincial house price won't rise as fast as prices in London, and more to the point, you probably won't want to move back. Which is likely to limit your career choices in something like banking a fair bit, I would have thought.
Du1point8 said:
Hence why its only retail banks thinking of doing this... not very many London contractors and staff want to move as it kills their career, plus they all (in Scottish bank) had to take 10-20% pay cut.
Certainly a 'one way trip' for anyone London based.Anyone in HSBC would have to consider this - and have confidence that their employer would not then 'bin' them once relocated (relocation probably at their own expense given certain 'givens')
Notwithstanding that this type of execise should be to the benefit of all, the nature of the animal will be to exploit the move to the best advantage of those who make the decision.
Allegedly.
Gassing Station | News, Politics & Economics | Top of Page | What's New | My Stuff