The battle of Brexit!

[Toby]

You mean like it does now? Yeah, that works so great, what with those countries getting money from us being the very ones where half the population has never even seen a foreigner in their life.

(note: intra-EU travel is not immigration, even if the UK tries to hamper it in every possible legal or illegal way - for decades)

As far as I and the majority are concerned it is immigration. Dress it up with your silly European dream if you wish. But I am British and have no wish to have my identity diluted by foreign workers(pun)...many of which are only here to abuse the social services at our expense.

Uh, those states aren't the problem regarding that. Hell, Spain has far better GDP growth rates than Germany. The problem - and that goes for intra-EU labor going into the UK now too - lays far further east. One-third of all EU nationals in the UK are from a single country. The same country from which just as many are in France, and twice as many in Germany. The one that gets as much money from the EU as the UK still pays in.

0.8% is good in your book? I call it pitiful and nowhere near the level required to get the Spanish economy on the right footing or put another way out of the mess its banks and construction firms have got it into..Germany has a far larger economy and so 0.6% is in effect alot more than the Spanish 0.8% and yes there is an exodus from Southern Italy and Greece and Portugal ironically not to other parts of the EU, which again is a failure!

Everyone realizes that with the EU leaving we'll have to make cuts. And given political structures i doubt that those cuts will be made in the South.

THe EU is leaving ...Hooray!!

In the UK maybe. But that's about as realistic and thought-forward as the British position at the negotiation table. Which, mind you, on the EU side is not targeted towards keeping the British in - but towards settling accounts so each can go their way.

You'd make a crap chess player.... ;)

[tankie]

Settling accounts kato !!!!!!! We are still waiting for Germany to settle yours from 1945 onwards .,,,,, settle accounts ? How about whistle for it , and the corrupt EU can carry on crippling the greeks etc etc with your austerity corruption bollox , the sooner the EU bollox is flattened the better .But wait whats this i see , is it a bird , is it a plane , nahhhh its that arsehole comrade corbin sticking his nose in with his bird abbacuss abott whom have SFA to debate with bernier about , thats up to the govt in power not that deluded terrorist loving pissflap and now B.liar is raising his unwanted murdering head again and its has nowt to do with that hasbeen lying wanker.Again democracy under attack .

[Toby]

Settling accounts kato !!!!!!! We are still waiting for Germany to settle yours from 39 ro 45 .

They didn't settle the 14-18 one either.

[tankie]

Shhhhhhhhhhhhhhhhhhhhh dont have em upset , They will invade Poland again , ya know Poland the country that wont accept invaders , ooops i mean refugees .

[Toby]

Shhhhhhhhhhhhhhhhhhhhh dont have em upset , They will invade Poland again , ya know Poland the country that wont accept invaders , ooops i mean refugees .

LOL, they've no sense of humour those Polacks...mind you who would stuck between the Krauts n' the Ruskies

[Toby]

How about the Franco/Prussian war or first and second Schleswig Wars...again Germany causing massive upheaval in Uropa! How much did all that cost and yet they're still at it!!!!The problem these Teutonic twerps have is they don't understand randomness or things which aren't uniform ..alas they are SHEEP!!

[tankie]

Scaremongering or what ? taking their ball in huh , but with internet banking cant see the problem except more guys 4000 for austerity food bank welfare

Deutsche Bank CEO John Cryan speaks during the bank's annual general meeting in Frankfurt, Germany May 18, 2017. REUTERS/Ralph OrlowskiThomson Reuters

LONDON — Deutsche Bank CEO John Cryan told employees that the German lender is preparing for a hard Brexit in which roles will "inevitably" move from London to Frankfurt.

Cryan said in a video announcement on July 11 that the bank "will assume a reasonable worst outcome" from the UK's talks with the European Union, according to a Bloomberg News report.

"The worst is always likely to be worse than people can imagine," Cryan said.

Deutsche Bank operates a branch in the UK, and while London is one of the firm's major investment banking hubs, Cryan said he will move "the vast majority" of the markets balance sheet to Frankfurt. As a result, some roles will move too.

"There’s an awful lot of detail to be ironed out and agreed, depending on what the rules and regulations turn out to be," Cryan said in the video. "We will try to minimize disruption for our clients and for our own people, but inevitably roles will need to be either moved or at least added in Frankfurt."

"We will try to minimize disruption for our clients and for our own people, but inevitably roles will need to be either moved or at least added in Frankfurt."

Deutsche Bank's chief regulatory officer has warned that the bank may be forced to move up to 4,000 staff from the UK to Europe as a result of Brexit.

Sylvie Matherat said earlier this year that client demands and pressure from regulators could combine to force almost half of Deutsche's 9,000 UK staff to relocate to Europe.

"For front office people, if you want to deal with an EU client, you need to be based in the EU. Does it mean I have to move all the front office people to Germany or not? We’re speaking of 2,000 people," Matherat said in April.

"Then you have the local supervisors who rightly say, come on, if you have your client here, if you book your operation here, you need to have your risk management capacity here. It means another 2,000 people."

Financial centres across the EU — including Frankfurt, Paris, Dublin, and Luxembourg — are battling to attract financial services work moving out of London as a result of Brexit as a result of expected legal changes that will make operating in the EU out of London tricky.

Britain is expected to lose financial passporting rights, which allow banks with a base in the UK to sell products and services to customers and financial markets across the EU.

Frankfurt is emerging as a popular destination for many international firms choosing a post-Brexit base. Three Japanese lenders, Daiwa, Sumitomo Mitsui Financial Group, and Nomura, have all confirmed in recent weeks that they will set up new post-Brexit bases in Frankfurt.

NOW WATCH: Barclays strategist: You can expect a major department store to fail in the next 18 months

See Also:

REPORT: Morgan Stanley is the latest bank to choose Frankfurt as its post-Brexit EU hub and will relocate 200 staff
Another win for Frankfurt — Citi to set up a 'major new trading operation' in German city after Brexit


Frogs being their usual backstabbing selves , cant get over the fact we beat them up as well as the krauts a few years back , yup good ol Sharpy , and S/Mjr Harper .We didnt do too bad for a tiny island did we , us little Englanders ,they have short memories over the help they received when the nasty Germans slapped em around in a very short time , yup very short memories .

LONDON — France is seeking the hardest possible Brexit to take advantage of the disruption this would cause to the City of London, a leaked memo suggests.

The memo, published in the Mail on Sunday, was written by Jeremy Browne, the City's envoy to the EU, after a meeting with senior French officials at the country's central bank, the Banque de France at the beginning of July.

"The meeting with the French Central Bank was the worst I have had anywhere in the EU. They are in favour of the hardest Brexit. They want disruption. They actively seek disaggregation of financial services provision," Browne wrote to the Treasury, MPs and financial firms.

"The clear messages emanating from Paris are not just the musings of a rogue senior official in the French government or central bank. France could not be clearer about their intentions," Browne continues.

"They see Britain and the City of London as adversaries, not partners."

Since the Brexit vote, Paris's financial hub has been the most vocal in lobbying banks and other financial services firms to move business from London to the city, with lobby group Paris Europlace frequently sending delegations to London and hosting events in the city.

Cities across Europe are lobbying to attract relocating banks, insurers, and investment funds once Britain almost inevitably loses the right to passport financial services across the EU after Brexit.

The passport is a system of common financial rules that allow UK based financial firms to access customers and carry out activities across Europe. The Financial Conduct Authority (FCA) said last year that 5,500 UK companies rely on passporting rights, with a combined revenue of £9 billion.

Without it, doing business in the EU from London will be very tricky, so plans are being put in place for establishing or extending European offices to cope with the looming rule changes.

Paris has consistently argued, however, that it wishes to be collaborative in the Brexit process, and sees any staff movements out of London as a rebalancing of the continent's financial centres.

Yea right

In an interview with Business Insider in May, Arnaud de Bresson, chief executive of Paris Europlace stressed that the aim of his organisation was to work with the City of London, rather than against it, to promote Europe as a competitive financial marketplace.

"What we see is that it [the movement of finance workers] will not be from London to one financial centre in the EU, it will be a distribution in the different centres," he said.

[Toby]

Scaremongering or what ? taking their ball in huh , but with internet banking cant see the problem except more guys 4000 for austerity food bank welfare

Deutsche Bank CEO John Cryan speaks during the bank's annual general meeting in Frankfurt, Germany May 18, 2017. REUTERS/Ralph OrlowskiThomson Reuters

LONDON — Deutsche Bank CEO John Cryan told employees that the German lender is preparing for a hard Brexit in which roles will "inevitably" move from London to Frankfurt.

Cryan said in a video announcement on July 11 that the bank "will assume a reasonable worst outcome" from the UK's talks with the European Union, according to a Bloomberg News report.

"The worst is always likely to be worse than people can imagine," Cryan said.

Deutsche Bank operates a branch in the UK, and while London is one of the firm's major investment banking hubs, Cryan said he will move "the vast majority" of the markets balance sheet to Frankfurt. As a result, some roles will move too.

"There’s an awful lot of detail to be ironed out and agreed, depending on what the rules and regulations turn out to be," Cryan said in the video. "We will try to minimize disruption for our clients and for our own people, but inevitably roles will need to be either moved or at least added in Frankfurt."

"We will try to minimize disruption for our clients and for our own people, but inevitably roles will need to be either moved or at least added in Frankfurt."

Deutsche Bank's chief regulatory officer has warned that the bank may be forced to move up to 4,000 staff from the UK to Europe as a result of Brexit.

Sylvie Matherat said earlier this year that client demands and pressure from regulators could combine to force almost half of Deutsche's 9,000 UK staff to relocate to Europe.

"For front office people, if you want to deal with an EU client, you need to be based in the EU. Does it mean I have to move all the front office people to Germany or not? We’re speaking of 2,000 people," Matherat said in April.

"Then you have the local supervisors who rightly say, come on, if you have your client here, if you book your operation here, you need to have your risk management capacity here. It means another 2,000 people."

Financial centres across the EU — including Frankfurt, Paris, Dublin, and Luxembourg — are battling to attract financial services work moving out of London as a result of Brexit as a result of expected legal changes that will make operating in the EU out of London tricky.

Britain is expected to lose financial passporting rights, which allow banks with a base in the UK to sell products and services to customers and financial markets across the EU.

Frankfurt is emerging as a popular destination for many international firms choosing a post-Brexit base. Three Japanese lenders, Daiwa, Sumitomo Mitsui Financial Group, and Nomura, have all confirmed in recent weeks that they will set up new post-Brexit bases in Frankfurt.

NOW WATCH: Barclays strategist: You can expect a major department store to fail in the next 18 months

See Also:

REPORT: Morgan Stanley is the latest bank to choose Frankfurt as its post-Brexit EU hub and will relocate 200 staff
Another win for Frankfurt — Citi to set up a 'major new trading operation' in German city after Brexit


Frogs being their usual backstabbing selves , cant get over the fact we beat them up as well as the krauts a few years back , yup good ol Sharpy , and S/Mjr Harper .We didnt do too bad for a tiny island did we , us little Englanders ,they have short memories over the help they received when the nasty Germans slapped em around in a very short time , yup very short memories .

LONDON — France is seeking the hardest possible Brexit to take advantage of the disruption this would cause to the City of London, a leaked memo suggests.

The memo, published in the Mail on Sunday, was written by Jeremy Browne, the City's envoy to the EU, after a meeting with senior French officials at the country's central bank, the Banque de France at the beginning of July.

"The meeting with the French Central Bank was the worst I have had anywhere in the EU. They are in favour of the hardest Brexit. They want disruption. They actively seek disaggregation of financial services provision," Browne wrote to the Treasury, MPs and financial firms.

"The clear messages emanating from Paris are not just the musings of a rogue senior official in the French government or central bank. France could not be clearer about their intentions," Browne continues.

"They see Britain and the City of London as adversaries, not partners."

Since the Brexit vote, Paris's financial hub has been the most vocal in lobbying banks and other financial services firms to move business from London to the city, with lobby group Paris Europlace frequently sending delegations to London and hosting events in the city.

Cities across Europe are lobbying to attract relocating banks, insurers, and investment funds once Britain almost inevitably loses the right to passport financial services across the EU after Brexit.

The passport is a system of common financial rules that allow UK based financial firms to access customers and carry out activities across Europe. The Financial Conduct Authority (FCA) said last year that 5,500 UK companies rely on passporting rights, with a combined revenue of £9 billion.

Without it, doing business in the EU from London will be very tricky, so plans are being put in place for establishing or extending European offices to cope with the looming rule changes.

Paris has consistently argued, however, that it wishes to be collaborative in the Brexit process, and sees any staff movements out of London as a rebalancing of the continent's financial centres.

Yea right

In an interview with Business Insider in May, Arnaud de Bresson, chief executive of Paris Europlace stressed that the aim of his organisation was to work with the City of London, rather than against it, to promote Europe as a competitive financial marketplace.

"What we see is that it [the movement of finance workers] will not be from London to one financial centre in the EU, it will be a distribution in the different centres," he said.

The reason that Finance operates in London more than anywhere else in Europe is the historical business connections centred there from around the globe and its cheaper to operate from there than Paris or Frankfurt. London's just better at it!!

[zara]

Apparently, the odds on Mogg becoming next PM have been slashed in the bookies, so you may get your wish Tankie.
I dread to think how that would play at the next election.. Labour would surely paint its as 'Mogg the ultimate Tory toff' vs 'Man on the street Corbyn'.

Brexit will have the UK on its knees, but PM Corbyn would well and truly flatten us. Greece would be bailing us out

[Toby]

I dread to think how that would play at the next election.. Labour would surely paint its as 'Mogg the ultimate Tory toff' vs 'Man on the street Corbyn'.

or even Mogg the ultimate Tory toff' vs 'liar on the cheap Corbyn'

Brexit will have the UK on its knees, but PM Corbyn would well and truly flatten us. Greece would be bailing us out

yeh ....like the Y2K bug? starting to sound like Lord Haw haw Zara

[zara]

or even Mogg the ultimate Tory toff' vs 'liar on the cheap Corbyn'

yeh ....like the Y2K bug? starting to sound like Lord Haw haw Zara

That Y2K narrative drives me nuts. They spent billions re-writing the software to cope with it and then when there was no disaster everyone thought it was a massive scam. That's like vaccinating everyone against small pox and when no-one gets it complaining it was pointless.

Dunno what the cabinets planning to do about Northern Ireland. Dublin may veto any deal that puts a border on the land, and the DUP will blackmail the government over any deal that puts the border in the Irish sea... Only solution is to stay in the Customs Union. I wonder how long till the cabinet realise that..

[snapper]

Phil Hammond is the only one with a realistic brexit plan so far.

[tankie]

Noooooo no transition its not what was voted for . Zara im no tory but imo mogg would make a far better PM Than May all day long , maybe its because hes a true brexiteer and would sort it quickly , no waffle bollocks and with doris on his team lots of whistling lol.

[Toby]

That Y2K narrative drives me nuts. They spent billions re-writing the software to cope with it and then when there was no disaster everyone thought it was a massive scam. That's like vaccinating everyone against small pox and when no-one gets it complaining it was pointless.

It was a massive scam........fictitious and a great example of Media manipulation....They've gone one better now and have actually convinced people that Global warming is man made and people actually believe it ...whatever next!

Dunno what the cabinets planning to do about Northern Ireland. Dublin may veto any deal that puts a border on the land, and the DUP will blackmail the government over any deal that puts the border in the Irish sea... Only solution is to stay in the Customs Union. I wonder how long till the cabinet realise that.

Simple! give Ireland a special status. Any sane person would not welcome a hard border. We're attempting to heal the wounds of the past not recreate them. If the EU and UK gov can't agree on that then I suggest we toss them in the nearest lime pit! ;)

[Toby]

Phil Hammond is the only one with a realistic brexit plan so far.

I always thought he'd make a great undertaker.....He actually makes John Major look colourful