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Scottish Parliament rejects Brexit

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135

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    #62
    Avatar MIA
    Closed Accounts Posts: 6,750 ✭✭✭Avatar MIA


    Traders will still work in London while London has the advantage on internet speeds. But, should Dublin get the same or better internet connection...


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    #63
    storker
    Registered Users Posts: 5,644 ✭✭✭storker


    May should have offered deep fried Brexit. :D


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    #64
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    Avatar MIA wrote: »
    Traders will still work in London while London has the advantage on internet speeds. But, should Dublin get the same or better internet connection...

    its got nothing to do with Internet speeds.

    To put it simply, Dublin isn't London.


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    #65
    Shenshen
    Moderators, Recreation & Hobbies Moderators Posts: 9,453 Mod ✭✭✭✭Shenshen


    Aegir wrote: »
    its got nothing to do with Internet speeds.

    To put it simply, Dublin isn't London.

    And London isn't Frankfurt.
    And Frankfurt isn't Paris.
    And Paris isn't Amsterdam...

    All of these places have seen an increase of jobs that had previously been located in - London. And that's before Brexit even happening.

    If you're only looking at the companies that are moving to Dublin, you're easily missing three quarters of what's currently happening. London was very handy for a centralised, big operation. There isn't really any other single location within Europe to match that. So companies will spread operations more evenly. Better for their reputation, better for their access to customers, better for getting talent and at the same time keeping costs down.

    And no, no company is going to be daft enough to fire all their UK staff and re-hire somewhere else. Reputational damage is one thing, aside from the cost of redundancy you also need people to train in those new hires, make sure things keep ticking over.
    What they'll do is simply not re-hire in the UK. Average attrition is usually around the 25% - 30% mark, they can downsize in one location to close to 0 within 4 - 5 years without having to "fire" a single person.


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    #66
    Kermit.de.frog
    Registered Users Posts: 23,473 ✭✭✭✭Kermit.de.frog


    Avatar MIA wrote: »
    Traders will still work in London while London has the advantage on internet speeds. But, should Dublin get the same or better internet connection...

    They can't. Passporting is going for Britain in to the EU. They have to do it from Dublin.


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    #67
    Kermit.de.frog
    Registered Users Posts: 23,473 ✭✭✭✭Kermit.de.frog


    Aegir wrote: »
    what, you think Reuters are actually going to hire 5000 people in Dublin?

    ain't.gonna.happen

    Why not? What are the London employees going to do with 85% of trades made elsewhere?

    Well?


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    #68
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    Shenshen wrote: »
    And London isn't Frankfurt.
    And Frankfurt isn't Paris.
    And Paris isn't Amsterdam...

    All of these places have seen an increase of jobs that had previously been located in - London. And that's before Brexit even happening.

    they have, yes, but no where near the scale expected. They haven't seen a mass exodus of the high paid jobs either, it has been mostly transactional. The sales people need to be near the traders and the traders want to be near each other, which is London. The vast majority of the business done in London is with other companies based in London. There is no point moving all your sales people to Frankfurt, if you clients are going to Paris.
    Shenshen wrote: »
    If you're only looking at the companies that are moving to Dublin, you're easily missing three quarters of what's currently happening. London was very handy for a centralised, big operation. There isn't really any other single location within Europe to match that. So companies will spread operations more evenly. Better for their reputation, better for their access to customers, better for getting talent and at the same time keeping costs down.

    no company is moving to Dublin, they are simply opening relatively small offices here to service the euro market. That's all.
    Shenshen wrote: »
    And no, no company is going to be daft enough to fire all their UK staff and re-hire somewhere else. Reputational damage is one thing, aside from the cost of redundancy you also need people to train in those new hires, make sure things keep ticking over.
    What they'll do is simply not re-hire in the UK. Average attrition is usually around the 25% - 30% mark, they can downsize in one location to close to 0 within 4 - 5 years without having to "fire" a single person.

    you seriously misunderstand the finance world. These aren't a few IT graduates or bean counters where there are fifty applicants for every job, these are guys who generate millions in revenue for their companies. Companies fight tooth and nail for their services and they aren't going anywhere.


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    #69
    Kermit.de.frog
    Registered Users Posts: 23,473 ✭✭✭✭Kermit.de.frog


    Aegir wrote: »
    they have, yes, but no where near the scale expected. They haven't seen a mass exodus of the high paid jobs either

    Bank of America is moving some of it's most senior execs in London to Dublin. They have just bought space for over 2,500 people.


    Thin end of the wedge.


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    #70
    Kermit.de.frog
    Registered Users Posts: 23,473 ✭✭✭✭Kermit.de.frog


    DdOzFz0X0AAukmt.jpg:large

    Anyone who thinks large scale job losses are not coming in London and large scale job creation not coming to Dublin does not know the industry.


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    #71
    Larbre34
    Registered Users Posts: 23,816 ✭✭✭✭Larbre34


    Aegir wrote: »
    you miss my point. There is no reason why exporting cars to the eu post Brexit needs to be any harder than it is to currently export cars to China or the US

    Is there a war on? why should either party go through any pain, why not just enter in to an agreement on the import/export of cars?

    why is that vital? there is a lot more to a company than who owns the shares, unless you consider Guinness to be an English beer

    A) It need not be, but the EU are in a far stronger position when it comes to making an issue of it if the UK keeps chasing impossible solutions.

    B) The UK will be used to discourage others from considering the same path. Call that what you will. By the sound of all contributors, cars or financial services or foodstuffs or anything else will not be considered in isolation. Its not in the interest of businesses to do so

    C) UK production can be relocated without too much sentiment by foreign owners. BMW and VW could easily produce the low volume Rolls and Bentley stocks within their continental plants. Do you think Mr Typical Emir cares where his white Phantom VIII is built?

    How do you think Nissan and Honda are feeling right now about the UK gov guarantees they were given about EU market access?

    Do you think Airbus will keep producing wing sections in Wales if it adds too much to the cost, in a cut-throat industry?


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    #72
    VinLieger
    Registered Users Posts: 17,653 ✭✭✭✭VinLieger


    Avatar MIA wrote: »
    Traders will still work in London while London has the advantage on internet speeds. But, should Dublin get the same or better internet connection...

    This has absolutely nothing to do with internet speeds not sure where you are getting that bizarre nugget from


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    #73
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    Kermit.de.frog wrote: »
    Anyone who thinks large scale job losses are not coming in London and large scale job creation not coming to Dublin does not know the industry.

    you quite clearly do not. Either that or you are just trolling.


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    #74
    Avatar MIA
    Closed Accounts Posts: 6,750 ✭✭✭Avatar MIA


    Aegir wrote: »
    its got nothing to do with Internet speeds.

    To put it simply, Dublin isn't London.
    VinLieger wrote: »
    This has absolutely nothing to do with internet speeds not sure where you are getting that bizarre nugget from


    Really, where fractions of a second can give an advantage.

    Plus it was mentioned on RTÉ radio 1 this morning as the reasons no trading jobs for this company are moving from London. They said London has a cable connecting direct the US.


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    #75
    Kermit.de.frog
    Registered Users Posts: 23,473 ✭✭✭✭Kermit.de.frog


    Aegir wrote: »
    you quite clearly do not. Either that or you are just trolling.

    So explain to me what the London traders in forex will be doing? They can't trade so are they going to be redeployed?


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    #76
    myshirt
    Registered Users Posts: 5,245 ✭✭✭myshirt


    Lads, if you look at the human element here, who would like to be Theresa May right now?

    Christ on a bicycle, I feel for the woman. It's non stop.


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    #77
    sbsquarepants
    Registered Users Posts: 11,812 ✭✭✭✭sbsquarepants


    dr.fuzzenstein wrote: »
    Even if it's only symbolic, but being subsequently overruled and having their decision ignored by the Brits won't sit well with the Scots.

    Fúck them - they bottled their chance.


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    #78
    jimgoose
    Registered Users Posts: 20,174 ✭✭✭✭jimgoose


    Grease me up, woman!!


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    #79
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    Kermit.de.frog wrote: »
    So explain to me what the London traders in forex will be doing? They can't trade so are they going to be redeployed?

    why can't they trade?


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    #80
    Kermit.de.frog
    Registered Users Posts: 23,473 ✭✭✭✭Kermit.de.frog


    Aegir wrote: »
    why can't they trade?

    No passporting.

    So what are they going to do?

    They could redeploy them to markets outside the EU but that is a tiny minority compared to EU trading.

    Are they going to be re employed as floor sweepers or sink washers?


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    #81
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    Kermit.de.frog wrote: »
    No passporting.

    So what are they going to do?

    They could redeploy them to markets outside the EU but that is a tiny minority compared to EU trading.

    Are they going to be re employed as floor sweepers or sink washers?

    yep, as I thought.

    Do not feed


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    #82
    Kermit.de.frog
    Registered Users Posts: 23,473 ✭✭✭✭Kermit.de.frog


    Aegir wrote: »
    yep, as I thought.

    Do not feed

    Can't answer?

    My point is proven correct.

    Have a good day sir.


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    #83
    VinLieger
    Registered Users Posts: 17,653 ✭✭✭✭VinLieger


    Avatar MIA wrote: »
    Really, where fractions of a second can give an advantage.

    Plus it was mentioned on RTÉ radio 1 this morning as the reasons no trading jobs for this company are moving from London. They said London has a cable connecting direct the US.

    Who mentioned it? And at what time? Dublin also has a cable with a direct connection to the US fyi


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    #84
    Avatar MIA
    Closed Accounts Posts: 6,750 ✭✭✭Avatar MIA


    VinLieger wrote: »
    Who mentioned it? And at what time? Dublin also has a cable with a direct connection to the US fyi

    Morning Ireland, think it was around 07:30 - can't remember if it was an RTÉ Business correspondent or outsider consultant.


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    #85
    wexie
    Closed Accounts Posts: 7,480 ✭✭✭wexie


    DEFTLEFTHAND wrote: »
    They are 'Brits'.

    Go find the nearest Scot to you, tell them that...

    Report back here when you're out of A&E....


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    #86
    Hector Bellend
    Closed Accounts Posts: 3,667 ✭✭✭Hector Bellend


    Maybe I'm missing something here.

    Scotland is a part of the united kingdom.

    The united Kingdom voted as a whole to leave the e.u.

    Unless Scotland becomes independent then they are stuck with brexit whether their parliament likes it or not


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    #87
    Hector Bellend
    Closed Accounts Posts: 3,667 ✭✭✭Hector Bellend


    wexie wrote: »
    Go find the nearest Scot to you, tell them that...

    Report back here when you're out of A&E....

    They are. They can think whatever they like. Theyre leaving the eu unless they gain independence as things stand.

    Simple as


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    #88
    Kermit.de.frog
    Registered Users Posts: 23,473 ✭✭✭✭Kermit.de.frog


    Hector Bellend wrote: »
    Maybe I'm missing something here.

    Scotland is a part of the united kingdom.

    The united Kingdom voted as a whole to leave the e.u.

    Unless Scotland becomes independent then they are stuck with brexit whether their parliament likes it or not

    Correct, Scotland is a region of the United Kingdom. It's not a "country" in the same way NI is not a "country", or Wales/England.

    The United Kingdom is the country.


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    #89
    VinLieger
    Registered Users Posts: 17,653 ✭✭✭✭VinLieger


    Hector Bellend wrote: »
    They are. They can think whatever they like. Theyre leaving the eu unless they gain independence as things stand.

    Simple as

    Wow you are clueless as to how the internal workings of the uk operate.

    Scotlands parliament have now said they will veto any brexit vote which requires their support due to certain internal changes that will be required, which means westminster will need to overrule holyrood to pass any brexit deal. This is possible but an incredibly rare event. Westminster doing this will seriously bolster support for anyonther indyref and probaly seal the result as well


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    #90
    wexie
    Closed Accounts Posts: 7,480 ✭✭✭wexie


    Hector Bellend wrote: »
    They are. They can think whatever they like. Theyre leaving the eu unless they gain independence as things stand.

    Simple as

    Oh I know and appreciate that.

    Just pointing out that every single one I've ever met would have considered themselves a Scot first and foremost, no matter where in the world they now are.
    Some (quite a lot actually) fiercely so.


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    #91
    Hector Bellend
    Closed Accounts Posts: 3,667 ✭✭✭Hector Bellend


    wexie wrote: »
    Oh I know and appreciate that.

    Just pointing out that every single one I've ever met would have considered themselves a Scot first and foremost, no matter where in the world they now are.
    Some (quite a lot actually) fiercely so.

    But arent a lot of them unionists


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