BREXIT Mega Thread (The Saga Begins?)

[Salandriagado]

That's my question - is EBA mainly a central banking agency that deals with issues related to the money supply, or mainly a private banking agency that deals with investment of private money? Those two are quite different. Frankfurt is more important for the first, but Paris (and maybe Amsterdam) probably more important for the latter.

I could be mixing it up with something else, but I think it's more the latter?

[Athrax]

That's my question - is EBA mainly a central banking agency that deals with issues related to the money supply, or mainly a private banking agency that deals with investment of private money? Those two are quite different. Frankfurt is more important for the first, but Paris (and maybe Amsterdam) probably more important for the latter.

I could be mixing it up with something else, but I think it's more the latter?

The former would more be the realm of the ECB, I'm fairly certain. I dunno, it's been a while since my EU class

[Olerand]

So the Medicines Agency and Banking Authority? The latter at least should end up in Frankfurt.

Thought everyone thought Dublin was a shoe-in.

Possibly, though Ireland's tax-haven status does not lend it much goodwill. For once that the EU doesn't have to take London into account, there's no need to send the Banking Authority to the Irish.

[Questers]

The European Medicines Agency is a meaningless body. It just sounds nice. That it is being relocated is simple EU propaganda - the only effect it will have on Britain is that those professionals - i.e. servants of a foreign power - will no longer live here. Who cares? Bye bye.

The same is true of the EBA, only it is slightly more important. The work covers all of European banks, so it doesn't matter too much where it is. It's just a prestige loss.

[Ifreann]

The European Medicines Agency is a meaningless body. It just sounds nice. That it is being relocated is simple EU propaganda - the only effect it will have on Britain is that those professionals - i.e. servants of a foreign power - will no longer live here. Who cares? Bye bye.

The same is true of the EBA, only it is slightly more important. The work covers all of European banks, so it doesn't matter too much where it is. It's just a prestige loss.

And prestige can't go below -100, so really there's nothing to lose!

[Hydesland]

The European Medicines Agency is a meaningless body. It just sounds nice. That it is being relocated is simple EU propaganda - the only effect it will have on Britain is that those professionals - i.e. servants of a foreign power - will no longer live here. Who cares? Bye bye.

The same is true of the EBA, only it is slightly more important. The work covers all of European banks, so it doesn't matter too much where it is. It's just a prestige loss.

Prestige was what made London so attractive for finance, being so close to the centre of it all. If we lose our prestige what do we have? We'd have to start relying on race to the bottom corporate and capital gain tax rates and deregulation - which would be humiliating and shitty.

[Fartsniffage]

The European Medicines Agency is a meaningless body. It just sounds nice. That it is being relocated is simple EU propaganda - the only effect it will have on Britain is that those professionals - i.e. servants of a foreign power - will no longer live here. Who cares? Bye bye.

The same is true of the EBA, only it is slightly more important. The work covers all of European banks, so it doesn't matter too much where it is. It's just a prestige loss.

Prestige was what made London so attractive for finance, being so close to the centre of it all. If we lose our prestige what do we have? We'd have to start relying on race to the bottom corporate and capital gain tax rates and deregulation - which would be humiliating and shitty.

Our PM is May and you worry about humiliation.....that boat has already sailed. She's not Trump, but I bet she want's to open a restaurant selling steak only with ketchup....

[Athrax]

Prestige was what made London so attractive for finance, being so close to the centre of it all. If we lose our prestige what do we have? We'd have to start relying on race to the bottom corporate and capital gain tax rates and deregulation - which would be humiliating and shitty.

Our PM is May and you worry about humiliation.....that boat has already sailed. She's not Trump, but I bet she want's to open a restaurant selling steak only with ketchup....

If you're going for Trump style, save money on steak and just order hockey pucks

[Hydesland]

Prestige was what made London so attractive for finance, being so close to the centre of it all. If we lose our prestige what do we have? We'd have to start relying on race to the bottom corporate and capital gain tax rates and deregulation - which would be humiliating and shitty.

Our PM is May and you worry about humiliation.....that boat has already sailed. She's not Trump, but I bet she want's to open a restaurant selling steak only with ketchup....

Party politics is transient, a single PM won't make a difference - not that May is some bombastic lunatic the way Trump or Farage is. Brexit on the other hand...

[Fartsniffage]

Our PM is May and you worry about humiliation.....that boat has already sailed. She's not Trump, but I bet she want's to open a restaurant selling steak only with ketchup....

Party politics is transient, a single PM won't make a difference - not that May is some bombastic lunatic the way Trump or Farage is. Brexit on the other hand...

She ran this election on trying to be UK President. It backfired hugely.

The Brexit thing I just can't even imagine where we'll be in 6 months time. Mostly because I don't think she'll still be PM....

[Souseiseki]

Leave voter realises his fruit farms could collapse without EU migrant workers

A Leave-voting business owner has said he regrets the decision because his fruit farms will collapse if he has no access to EU workers after Brexit.

Harry Hall, of the Hall Hunter Partnership soft fruit company, said he was in favour of Brexit because of the issue of sovereignty but was concerned by the Government's approach to negotiations.

Mr Hall was speaking to BBC Radio 4's Today programme as industry body British Summer Fruits (BSF) claimed prices for strawberries and raspberries could “soar” by between 35 per cent and 50 per cent if Brexit restricted access to EU labour.

He said: “I regret my vote in the face of the Government I'm given.

“The reason I voted to leave was that I'm in favour of sovereignty. This was about sovereignty for me.

“As businessmen we need clarity about our future direction.

“If I don't have my 2,500 staff that I need, or I have no certainty of that from 2019 onwards, I don't have a business. It's as simple as that.”

A worker at Hall Hunter Partnership's Tuesley Farm in Godalming, Surrey, told Today it had had one English applicant in the last several years, but that they quit after one day.

The company farms more than 1,100 acres, including 43 acres of greenhouses.

In its Brexit White Paper earlier this year the Government admitted the UK Parliament “has remained sovereign throughout our membership of the EU”.

Prominent Leave campaigners had argued for Brexit on the basis the UK had lost its sovereignty to the EU over the years.

BSF said soft fruit production in the UK had grown by 131% over the last 20 years to a value of more than £1.2bn, largely as a result of an increase in home-grown strawberries.

It said Brexit was already exacerbating a shortage of seasonal labour and has warned MPs that losing access to European workers will have a “disastrous and cataclysmic” impact on the industry.

Around 95 per cent of the 29,000 seasonal workers each year currently come from the EU — primarily from Poland, Bulgaria and Romania — and demand is expected to rise to around 31,000 by 2020 if the industry continues to grow, the organisation said.

It has called for a seasonal agriculture permit scheme which would allow labourers from Europe to enter the UK on fixed-term contracts “to fill the jobs UK citizens shun”.

British Summer Fruits chairman Laurence Olins said: “It is inconceivable that people who voted to leave the European Union wanted to destroy an iconic and incredibly competitive British horticulture industry, and see the end of buying British produce.

“But if we cannot ensure access to the seasonal workers needed to produce soft fruit in Britain, that will be an unintended consequence of Brexit, along with soaring prices and increased reliance on imports.”

:thinking:

if only someone could have predicted the kind of government we would get if we voted for brexit, then perhaps he could have avoided this pitfall.

[Vassenor]

So it seems that far from destroying the Elite like everyone was convinced it would, Brexit is in fact empowering them more than ever.

[Thyerata]

So the eu is going to guarantee permanent settlement rights to eu citizens who have lived here for five years or more by the time we leave. Yay

Shame most of our EU students won't get it tho...

[HMS Queen Elizabeth]

The European Medicines Agency is a meaningless body. It just sounds nice. That it is being relocated is simple EU propaganda - the only effect it will have on Britain is that those professionals - i.e. servants of a foreign power - will no longer live here. Who cares? Bye bye.

The same is true of the EBA, only it is slightly more important. The work covers all of European banks, so it doesn't matter too much where it is. It's just a prestige loss.

Prestige was what made London so attractive for finance, being so close to the centre of it all. If we lose our prestige what do we have? We'd have to start relying on race to the bottom corporate and capital gain tax rates and deregulation - which would be humiliating and shitty.

It's like London was just built yesterday. You know London was quite prestigious in 1970, 1870, and 1770.

[Vassenor]

Prestige was what made London so attractive for finance, being so close to the centre of it all. If we lose our prestige what do we have? We'd have to start relying on race to the bottom corporate and capital gain tax rates and deregulation - which would be humiliating and shitty.

It's like London was just built yesterday. You know London was quite prestigious in 1970, 1870, and 1770.

And how much of the stuff it was prestigious for back then is still around?

[HMS Queen Elizabeth]

Not the European Medicines Agency. Golly we might as well just blow the whole place up.

[Questers]

Leave voter realises his fruit farms could collapse without EU migrant workers

A Leave-voting business owner has said he regrets the decision because his fruit farms will collapse if he has no access to EU workers after Brexit.

Harry Hall, of the Hall Hunter Partnership soft fruit company, said he was in favour of Brexit because of the issue of sovereignty but was concerned by the Government's approach to negotiations.

Mr Hall was speaking to BBC Radio 4's Today programme as industry body British Summer Fruits (BSF) claimed prices for strawberries and raspberries could “soar” by between 35 per cent and 50 per cent if Brexit restricted access to EU labour.

He said: “I regret my vote in the face of the Government I'm given.

“The reason I voted to leave was that I'm in favour of sovereignty. This was about sovereignty for me.

“As businessmen we need clarity about our future direction.

“If I don't have my 2,500 staff that I need, or I have no certainty of that from 2019 onwards, I don't have a business. It's as simple as that.”

A worker at Hall Hunter Partnership's Tuesley Farm in Godalming, Surrey, told Today it had had one English applicant in the last several years, but that they quit after one day.

The company farms more than 1,100 acres, including 43 acres of greenhouses.

In its Brexit White Paper earlier this year the Government admitted the UK Parliament “has remained sovereign throughout our membership of the EU”.

Prominent Leave campaigners had argued for Brexit on the basis the UK had lost its sovereignty to the EU over the years.

BSF said soft fruit production in the UK had grown by 131% over the last 20 years to a value of more than £1.2bn, largely as a result of an increase in home-grown strawberries.

It said Brexit was already exacerbating a shortage of seasonal labour and has warned MPs that losing access to European workers will have a “disastrous and cataclysmic” impact on the industry.

Around 95 per cent of the 29,000 seasonal workers each year currently come from the EU — primarily from Poland, Bulgaria and Romania — and demand is expected to rise to around 31,000 by 2020 if the industry continues to grow, the organisation said.

It has called for a seasonal agriculture permit scheme which would allow labourers from Europe to enter the UK on fixed-term contracts “to fill the jobs UK citizens shun”.

British Summer Fruits chairman Laurence Olins said: “It is inconceivable that people who voted to leave the European Union wanted to destroy an iconic and incredibly competitive British horticulture industry, and see the end of buying British produce.

“But if we cannot ensure access to the seasonal workers needed to produce soft fruit in Britain, that will be an unintended consequence of Brexit, along with soaring prices and increased reliance on imports.”

:thinking:

if only someone could have predicted the kind of government we would get if we voted for brexit, then perhaps he could have avoided this pitfall.

Maybe if they paid our people proper wages they wouldn't shun manual labour.

[Geilinor]

Maybe if they paid our people proper wages they wouldn't shun manual labour.

Few people who work in service jobs in any country, even entry-level, will ever choose to go back to manual labor.

[Questers]

What's worse, working 37.5 hours a week on a farm for £8.25 (£16k pa) or working a 0 hrs contract for JD Sports?

Any person in their right mind would choose the former. £16k pa is a decent income for unskilled work.

Now compare them a bit closer. 37.5 hours a week on a farm for £8.25 - i.e. the "living wage" - or 30 hours night shift a week in a very popular bar in the city centre on £7.50 an hour (or less if you're under 25.)

Or working as a hairdresser where you are "self employed" i.e. receive no statutory benefits at all and have no guaranteed weekly or monthly income?

But sure, if you compare working at minimum wage on a farm to working as say, a solicitor, it's not a real choice. But then those aren't comparable in required qualifications or skills - and the Europeans working on our farms aren't attorneys in their own countries.

Not all service jobs are created equal. Note that on £16kpa you can easily afford union membership which often comes with some very good benefits like insurance against injury at work and paternity-maternity pay.

[Geilinor]

What's worse, working 37.5 hours a week on a farm for £8.25 (£16k pa) or working a 0 hrs contract for JD Sports?

Not all service jobs are created equal.

People don't switch from working at a store to a farm very often.

[Vassenor]

So it seems that the government was all ready to fully guarantee the rights of EU nationals in the UK right after the vote. But May blocked it.

It's like she wanted this to all be harder than it needed to be.

[Questers]

What's worse, working 37.5 hours a week on a farm for £8.25 (£16k pa) or working a 0 hrs contract for JD Sports?

Not all service jobs are created equal.

People don't switch from working at a store to a farm very often.

Maybe not - I can't verify that because I don't know if it's true or not. But every year a million people or more enter the job market for the first time.

[Dooom35796821595]

So it seems that the government was all ready to fully guarantee the rights of EU nationals in the UK right after the vote. But May blocked it.

It's like she wanted this to all be harder than it needed to be.

Or maybe she realises that you need leverage for negotiations? You don't start at your highest offer, or else you can't demand compensation in order to compromise.

[The Sauganash Union]

It's like London was just built yesterday. You know London was quite prestigious in 1970, 1870, and 1770.

And how much of the stuff it was prestigious for back then is still around?

Banks, shipyards, universities, Westminister, and pubs all still exist.

[The Sauganash Union]

So it seems that the government was all ready to fully guarantee the rights of EU nationals in the UK right after the vote. But May blocked it.

It's like she wanted this to all be harder than it needed to be.

Thus croaked in fear the Irishman and the Pole.