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Mark[_24_] Mark[_24_] is offline
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Default OT More on Brexit

On Mon, 24 Jul 2017 13:31:01 +0100, Handsome Jack
wrote:

tim... posted


"Cursitor Doom" wrote in message
news
On Sun, 23 Jul 2017 23:46:17 +0100, Archibald Tarquin Blenkinsopp wrote:

Ireland are planning a new second city as Dublin absorbs the financial
institutions that wish to maintain an EU presence.

Dream on. The Irish can plan whatever they like but they're still on the
bones of their arse and will have to raise taxes pretty damn soon;
economists know this well and so do the banks! If there is an exodus of
banks from the City (yay good riddance!) Ireland is about the last place
they'll re-settle.


actually not

it's higher up the list than Paris (too many restrictive employment
laws, taxes too high) and Frankfurt (a cultural desert)

That the French and German banks might be moving back to France and
Germany


They're not.

France is working very strongly attract the banks.

doesn't not prove that the American banks will


Nobody will "move" anywhere. The most that might happen is that some
banks will set up subsidiary offices in an EU member state that they
might not have done before.


That's quite naive. If they think they are going to get a good deal
they'll relocate.