Do you honestly believe the nonsense you write? The majority of people that voted on June 23 voted to leave. You lost. We're going. Get over it.

As above. If brexiteers had secured a mandate by winning an actual majority of votes from the total of all eligible voters then I would not be supporting a second referendum or any attempt to block brexit.

Big change via referendum should always carry a minimum number of votes, or percentage of eligible voters to be effectuated. Our side was not for big change, therefore remain would not and never should have been required to hit the same numbers. You may argue this is unfair, but it is the referendum rules must countries abide by when putting big policy decisions to a public vote.

For big change to be actioned enough people must support it, and definitely not a minority among all eligible voters would have been enough anywhere else in the world.

You're never going to get a 100% turnout unless voting is made mandatory. This refendum had a turnout of 72.2% which is very high for any sort of vote. So you're against first past the post then? A majority of people eligible to vote didn't vote for the current government. A majority of people that voted on the day of the general election did. And you haven't answered my question. Would you be this idiotic had the situation been reversed? I doubt it. You're what's known in the business as a hypocrite.

I'm not arguing for a 100% turnout requirement. I'm arguing for a majority of eligible voters to support big change in any referendum for it to automatically come into effect.

General elections are very dfferent to referendums.

And I did answer your question. I said quite clearly the rules I'm arguing for here WOULD NOT have applied to remain, maintaining the status quo, just as they wouldn't in any other country who do sensibly put minimum requirement obligations on the side wanting significant change in a referendum. (Again, not 100% turnout, but a sigunifcant and meaningful majority of votes beyond simple majority)

Lol. In other words, throwing your toys out the pram because things didn't go your way. I just looked and this referendum actually had the biggest turnout of any vote for years. And a million and a half more people voting to leave than remain is a significant majority. I'll say it again, you have sour grapes because you lost. You better get used to the fact we're going. Not enough of your remoaner friends came out to vote so it's over.

I don't deny you might well be proven right, but until it actually happens - and all hope is lost - our fight goes on. Calling us childish names won't stop this fight.

it depends on the kind of banking.

- investment banking : Germany, France. Ready and willing, with large pools of trained applicants and full-scale infrastructure. Many of the people working in the City are non-UK cirizens already.

- retail banking: various locations, for as I have tried to explain to your acolytes, the bulk of the work involved will change from semi-skilled (general branch retailing activities like helping client fill forms, explaining the products on offer, explaining assessment processes etc) to skilled (computer programming, software architecture etc). the local branches will disappear, transactions will be online, the processes I have described will be done by AI programmes. Brexit threatens to choke off the supply of the people required to do this work, so the jobs will disappear abroad.

what will be left will be small specialised stock brokers , and a few hedge funds. a bit like the 70s, pre-accession, minus the branch retailing (a big minus given how many people are involved).

ps: we should still join the Euro. as I have told you already, what is not to love about permanent low interest rates.

This mirrors what most reports on banking have stated - Paris, Dublin, Frankfurt etc will salami slice sections of the industry here. These jobs and their tax revenue will move abroad. The front end of the business will still be done in London but the work and jobs will be elsewhere.
I suppose the UK is lucky in that little international banking involves f2f these days or it really would be in trouble post Brexit.

Ever seen the Monty python sketch with the knight? , it's only a scratch ........😂

Don't tell me, you've bought a reindeer herd in Mongolia....and a tent.

lots of money to be made in Mongolia actually, until the recent bust.

I expect to see you leading a demonstration come the next by-election, since I can say with some certainty that the winner will poll less than 50% of the eligible vote.

BIB That's particularly why your first sentence is far removed from the reality, the figure for Britain and Ireland is hundreds of thousands, many of them who would not return to their home territory because, particularly France, have neither the business nous or the infrastructure.

they are here because currently regulations allow the work to be done from here, and there is the added bonus of lower taxation.

after Brexit, the regulations (eg Mifid 2/3) will be revised so that EU-related work , eg clearing or the provision of financial services, must be done from the EU. The firms might still be British, but the jobs servicing the EU will be in the EU.

taxation is more of an issue, but ways will be found - eg company tax breaks allowing staff to be paid more. And frankly, in banking nowadays, you go where the work is, unless you are at board level (where maybe you can choose your location).

300,000-400,000 French are split between here and Ireland because their successive governments have failed to provide the right atmosphere in which to conduct business. Many of them have been here for years and won't be going back any time soon. Erasmus taught you nothing.

They are either in London, in which case they often work in the City, or the North East, eg Newcastle, in which case they work in manufacturing. If the work disappears, either through regulation or loss of access to the Single Market / reversion to WTO trade rules (which is what your boss is pushing for) they will leave to go where the work is. I don't think their departure would bother you much, the much bigger issue you have is that the work won't be there for Brexiters to take over!

Ironic, seeing as Brexiters are typified by the black knight. Absolutely in a nutshell. Brexit can chop of the economy's arms and legs, but the deluded will still be yakking about "taking back control" and whistling the national anthem.

Leavers in the main are far too dim to realise what is going to happen. When it does, they will be the loudest wailers in the land. And the pathetic bravado will vanish.

You'd better pray Fillon doesn't win the presidency then, as he is set to change all that.

I presume you're hoping the fascist women wins anyhow.

According to the EU Commission Mifid 2 “third country firms should see this as a positive step forward as it reduces divergences across Member States and therefore the legal and regulatory costs for third-country operators”. Third country firms are those based outside the EU. MiFID 2 provides a detailed set of rules that harmonise the requirements with which the branch of the third country firm (not based in the EU) have to comply in order to be authorised by the national competent authority of the EU Member States.

Ending access by third-country operators would not just impact a brexit UK it would impact lots of other nations and could trigger retaliatory measures against the EU.

Financial clearing can be done anywhere a central bank is willing to act as guarantor to the trades. For example Euro currency clearing is currently done in non EU nations , the USA, Switzerland, Singapore, etc.

As far as going where the work is the big money is financial markets and the work is where other traders and investors are. That is not going to up and move upon Brexit. Especially as other EU nations have more regulation and higher taxation and have repeatedly considered taxiing each transaction.

What will happen is the ECB euro clearing house will move to Germany due to Brexit and the LSE's Euro trading market will move to Germany if the LSE Deutsche Boerse merger agreed before the referendum goes ahead. That move of the LSE's Euro trading market due to the merger would have taken place even if the UK had voted remain as it was already agreed as part of the merger deal.

What will also happen is some financial services provided to EU customers will require some functions currently done in the UK be done in the EU so the companies maintain passporting. This means some banks and financial services companies will need larger EU offices to perform those functions. For example in Insurance Lloyd's of London that before the referendum claimed all London based EU commercial insurance business was at risk of moving to the EU some 48,000 jobs is in reality moving 50 jobs to a office in another EU nation to maintain passporting in the even of no UK EU deal. Banks said by remain supporters to be planning to move to the EU are in reality likewise just planning to move a small number of their London based jobs to maintain passporting not the entire Bank.

There might be a deal on passporting because the EU will want to maintain easy access to money, EU companies raise money in London. Its arguable if the customers or the providers have the upper hand when its the customers seeking money.

Dunno about banks but Ireland and the Netherlands are the likely destinations for chunks of our company...and that was decided bloody months before the referendum campaign even began...many of us were even given time to go over to both destinations and suss out likely lifestyle situations and express a preference

Why any of this comes as any surprise to anyone or what they were actually doing before June is a total mystery to me

Will we?

Who elected you spokesperson?

Fillon was Prime Minister under Sarkozy. Sarkozy promised, and failed, to change the way of business functioning in France.

Marine is a nice lady who, even if she loses, UMP will know they've been in a fight.

There's a thread on here on predictions for 2017. My prediction for France is that Fillon will filch Front National ideas.

Haha, even if there's any sort of numbers, substantially they don't work in manufacturing, they work for manufacturing industries. They, like those who work in London are qualified to a very high level and have left France, many for good. They should have been the future of France but have been effectively driven out by those who don't know how to create the right climate for starting or running a business.

aurichie is back from under his bridge I see.

Anyone got that post ready to c&p where he was asking everyone to accept the vote and move on?

That usually makes him run away for a while.

Evidently you've learned nothing from 2008.