It is starting to get a bit silly. I’ve put a few quid in at between 1.05 and 1.10 in the last month or so, but nothing in the last few weeks as my exposure is now a bit high.
If this is the only thing holding a deal back then it must be fairly certain?
Not what but why. Macron's game is to break the negotiation on fish because he wants no deal and therefore a chance for Paris to get financial services from London. It is a win for him if the UK caves on fish ("look fisherfolk what I have got for you") but also he wins if the UK holds firm and there is no deal. Opprobrium from his EU partners is a small price to pay for this tactic.
It is starting to get a bit silly. I’ve put a few quid in at between 1.05 and 1.10 in the last month or so, but nothing in the last few weeks as my exposure is now a bit high.
That’s a bit like saying when the Hindenburg Line was broken it was starting to look rather glum for the Germans.
If this is the only thing holding a deal back then it must be fairly certain?
Not what but why. Macron's game is to break the negotiation on fish because he wants no deal and therefore a chance for Paris to get financial services from London. It is a win for him if the UK caves on fish ("look fisherfolk what I have got for you") but also he wins if the UK holds firm and there is no deal. Opprobrium from his EU partners is a small price to pay for this tactic.
Yes, silly really for Boris to bet the farm on fish: 0.01% of GDP and all that. Boris must know that fish is the only goody he can sell to his base, the rest of the deal being one surrender after another. There's no other explanation.
There is one side effect of BF refusing to settle POTUS market. The 'heart beat' away means that those of us with a few quid on Harris as insurance against a covid disaster mid campaign are getting an extended run.
I wouldn’t have said they were ‘open minded and decent.’ I’ve neither forgotten nor forgiven their rampages through Cardiff on match days fuelled by anti-Welsh xenophobia.
If this is the only thing holding a deal back then it must be fairly certain?
Not what but why. Macron's game is to break the negotiation on fish because he wants no deal and therefore a chance for Paris to get financial services from London. It is a win for him if the UK caves on fish ("look fisherfolk what I have got for you") but also he wins if the UK holds firm and there is no deal. Opprobrium from his EU partners is a small price to pay for this tactic.
But will France get financial services from London? Really?
I mean, would you want your pension invested by the French?
If this is the only thing holding a deal back then it must be fairly certain?
Not what but why. Macron's game is to break the negotiation on fish because he wants no deal and therefore a chance for Paris to get financial services from London. It is a win for him if the UK caves on fish ("look fisherfolk what I have got for you") but also he wins if the UK holds firm and there is no deal. Opprobrium from his EU partners is a small price to pay for this tactic.
Yes, silly really for Boris to bet the farm on fish: 0.01% of GDP and all that. Boris must know that fish is the only goody he can sell to his base, the rest of the deal being one surrender after another. There's no other explanation.
Even more silly for Macron to ever even dream that Paris would get financial services from London. There are plenty of cities ahead of Paris if there is a move to the EU from London. If that is his thinking then he is in cloud cuckoo land.
I wouldn’t have said they were ‘open minded and decent.’ I’ve neither forgotten nor forgiven their rampages through Cardiff on match days fuelled by anti-Welsh xenophobia.
Indeed, and who can forget Zampa the Lion getting a well-deserved seeing-too from Cyril the Swan?
I wouldn’t have said they were ‘open minded and decent.’ I’ve neither forgotten nor forgiven their rampages through Cardiff on match days fuelled by anti-Welsh xenophobia.
Cardiff City v Millwall at Ninian Park? Not a pretty sight, I’m sure.
If this is the only thing holding a deal back then it must be fairly certain?
Not what but why. Macron's game is to break the negotiation on fish because he wants no deal and therefore a chance for Paris to get financial services from London. It is a win for him if the UK caves on fish ("look fisherfolk what I have got for you") but also he wins if the UK holds firm and there is no deal. Opprobrium from his EU partners is a small price to pay for this tactic.
Yes, silly really for Boris to bet the farm on fish: 0.01% of GDP and all that. Boris must know that fish is the only goody he can sell to his base, the rest of the deal being one surrender after another. There's no other explanation.
Even more silly for Macron to ever even dream that Paris would get financial services from London. There are plenty of cities ahead of Paris if there is a move to the EU from London. If that is his thinking then he is in cloud cuckoo land.
I wouldn’t have said they were ‘open minded and decent.’ I’ve neither forgotten nor forgiven their rampages through Cardiff on match days fuelled by anti-Welsh xenophobia.
Indeed, and who can forget Zampa the Lion getting a well-deserved seeing-too from Cyril the Swan?
If this is the only thing holding a deal back then it must be fairly certain?
Not what but why. Macron's game is to break the negotiation on fish because he wants no deal and therefore a chance for Paris to get financial services from London. It is a win for him if the UK caves on fish ("look fisherfolk what I have got for you") but also he wins if the UK holds firm and there is no deal. Opprobrium from his EU partners is a small price to pay for this tactic.
But will France get financial services from London? Really?
I mean, would you want your pension invested by the French?
Of course not all of it. Only a fraction - that part for which a presence in the EU is valuable. However that could still be a big win for him.
I wouldn’t have said they were ‘open minded and decent.’ I’ve neither forgotten nor forgiven their rampages through Cardiff on match days fuelled by anti-Welsh xenophobia.
Cardiff City v Millwall at Ninian Park? Not a pretty sight, I’m sure.
Nearly as bad as when Scotland's finest visited Manchester in 2008.
If this is the only thing holding a deal back then it must be fairly certain?
Not what but why. Macron's game is to break the negotiation on fish because he wants no deal and therefore a chance for Paris to get financial services from London. It is a win for him if the UK caves on fish ("look fisherfolk what I have got for you") but also he wins if the UK holds firm and there is no deal. Opprobrium from his EU partners is a small price to pay for this tactic.
Yes, silly really for Boris to bet the farm on fish: 0.01% of GDP and all that. Boris must know that fish is the only goody he can sell to his base, the rest of the deal being one surrender after another. There's no other explanation.
Even more silly for Macron to ever even dream that Paris would get financial services from London. There are plenty of cities ahead of Paris if there is a move to the EU from London. If that is his thinking then he is in cloud cuckoo land.
I have no idea, but there is a piece in today's Telegraph saying that Paris is the 2nd finance choice after London and others like Frankfurt wont get a look in.
I wouldn’t have said they were ‘open minded and decent.’ I’ve neither forgotten nor forgiven their rampages through Cardiff on match days fuelled by anti-Welsh xenophobia.
Indeed, and who can forget Zampa the Lion getting a well-deserved seeing-too from Cyril the Swan?
Well, I have for one, tbh.
It is etched on my mind as one of those unforgettable sporting moments, not least because the swan got the better of the lion.
If this is the only thing holding a deal back then it must be fairly certain?
Not what but why. Macron's game is to break the negotiation on fish because he wants no deal and therefore a chance for Paris to get financial services from London. It is a win for him if the UK caves on fish ("look fisherfolk what I have got for you") but also he wins if the UK holds firm and there is no deal. Opprobrium from his EU partners is a small price to pay for this tactic.
But will France get financial services from London? Really?
I mean, would you want your pension invested by the French?
They have significantly better pensions than the UK, by a country mile. No coincidence UK is the worst pension in the developed world.
If this is the only thing holding a deal back then it must be fairly certain?
Not what but why. Macron's game is to break the negotiation on fish because he wants no deal and therefore a chance for Paris to get financial services from London. It is a win for him if the UK caves on fish ("look fisherfolk what I have got for you") but also he wins if the UK holds firm and there is no deal. Opprobrium from his EU partners is a small price to pay for this tactic.
Yes, silly really for Boris to bet the farm on fish: 0.01% of GDP and all that. Boris must know that fish is the only goody he can sell to his base, the rest of the deal being one surrender after another. There's no other explanation.
Even more silly for Macron to ever even dream that Paris would get financial services from London. There are plenty of cities ahead of Paris if there is a move to the EU from London. If that is his thinking then he is in cloud cuckoo land.
Worth a try though. And even if these companies desert London for somewhere else, he will still have succeeded in eviscerating a major rival - so France will doubtless get some of the spoils from elsewhere. Macron has played a blinder.
Taking the knee is a pathetic Americanism that has no bearing in this country, anyone indulging in it is a bellend copycat pc cowardy cat.
Well, I wouldn't put it quite that way myself, but I do wonder what it adds to the already existing anti-racism kickitout campaigns, and if it will continue until racism no longer exists (and therefore what to add on top of it if racism doesn't go away forever). Booing a gesture, even if it is naff, is a bit crappy though.
Had to take a trip into Middlesbrough this afternoon. From what I've seen Tier 3 isn't enough of a restriction for them. Boro has several indoor shopping malls. About a third of shoppers either not wearing a mask or exposing their nose and sometimes their mouth as well. Stores with queue lines outside, no attempt at spacing, people literally coughing on each other. Utterly stupid behaviour.
I know it goes without saying, but it really is ever more clear that he has no idea how things work. Quite why winning Georgia, somehow, would affect the results in other States, is unclear to me.
If this is the only thing holding a deal back then it must be fairly certain?
Not what but why. Macron's game is to break the negotiation on fish because he wants no deal and therefore a chance for Paris to get financial services from London. It is a win for him if the UK caves on fish ("look fisherfolk what I have got for you") but also he wins if the UK holds firm and there is no deal. Opprobrium from his EU partners is a small price to pay for this tactic.
Yes, silly really for Boris to bet the farm on fish: 0.01% of GDP and all that. Boris must know that fish is the only goody he can sell to his base, the rest of the deal being one surrender after another. There's no other explanation.
Even more silly for Macron to ever even dream that Paris would get financial services from London. There are plenty of cities ahead of Paris if there is a move to the EU from London. If that is his thinking then he is in cloud cuckoo land.
I have no idea, but there is a piece in today's Telegraph saying that Paris is the 2nd finance choice after London and others like Frankfurt wont get a look in.
In 2019 France was the highest taxed country in the EU, having passed Denmark in 2017. That matters, both to the big companies and the people who work for them. They won't necessarily go for the lowest tax regime but they will certainly think twice about the highest, particularly given Paris still has some very serious social and industrial issues which have only abated temporarily because of Covid.
Macron isn't willing or able to deal with this and that is why Paris will not succeed London as the main EU financial centre.
Had to take a trip into Middlesbrough this afternoon. From what I've seen Tier 3 isn't enough of a restriction for them. Boro has several indoor shopping malls. About a third of shoppers either not wearing a mask or exposing their nose and sometimes their mouth as well. Stores with queue lines outside, no attempt at spacing, people literally coughing on each other. Utterly stupid behaviour.
Taking the knee is a pathetic Americanism that has no bearing in this country, anyone indulging in it is a bellend copycat pc cowardy cat.
Well, I wouldn't put it quite that way myself, but I do wonder what it adds to the already existing anti-racism kickitout campaigns, and if it will continue until racism no longer exists (and therefore what to add on top of it if racism doesn't go away forever). Booing a gesture, even if it is naff, is a bit crappy though.
I know it goes without saying, but it really is ever more clear that he has no idea how things work. Quite why winning Georgia, somehow, would affect the results in other States, is unclear to me.
I presume his strategy is to try and show fraud in one state and then use that to put pressure on other states to do the same thing. It is rubbish of course but you can at least see the method in his madness.
If this is the only thing holding a deal back then it must be fairly certain?
Not what but why. Macron's game is to break the negotiation on fish because he wants no deal and therefore a chance for Paris to get financial services from London. It is a win for him if the UK caves on fish ("look fisherfolk what I have got for you") but also he wins if the UK holds firm and there is no deal. Opprobrium from his EU partners is a small price to pay for this tactic.
Yes, silly really for Boris to bet the farm on fish: 0.01% of GDP and all that. Boris must know that fish is the only goody he can sell to his base, the rest of the deal being one surrender after another. There's no other explanation.
Even more silly for Macron to ever even dream that Paris would get financial services from London. There are plenty of cities ahead of Paris if there is a move to the EU from London. If that is his thinking then he is in cloud cuckoo land.
I have no idea, but there is a piece in today's Telegraph saying that Paris is the 2nd finance choice after London and others like Frankfurt wont get a look in.
The main thing going for Frankfurt is the presence of the ECB there. Financial services need to get over a threshold size to benefit from economies of scale and, more importantly, economies of scope. Other than the ECB what advantage does Frankfurt-a-M have over Paris which has all the French government and decision makers on hand?
Had to take a trip into Middlesbrough this afternoon. From what I've seen Tier 3 isn't enough of a restriction for them. Boro has several indoor shopping malls. About a third of shoppers either not wearing a mask or exposing their nose and sometimes their mouth as well. Stores with queue lines outside, no attempt at spacing, people literally coughing on each other. Utterly stupid behaviour.
If this is the only thing holding a deal back then it must be fairly certain?
Not what but why. Macron's game is to break the negotiation on fish because he wants no deal and therefore a chance for Paris to get financial services from London. It is a win for him if the UK caves on fish ("look fisherfolk what I have got for you") but also he wins if the UK holds firm and there is no deal. Opprobrium from his EU partners is a small price to pay for this tactic.
Yes, silly really for Boris to bet the farm on fish: 0.01% of GDP and all that. Boris must know that fish is the only goody he can sell to his base, the rest of the deal being one surrender after another. There's no other explanation.
Even more silly for Macron to ever even dream that Paris would get financial services from London. There are plenty of cities ahead of Paris if there is a move to the EU from London. If that is his thinking then he is in cloud cuckoo land.
I have no idea, but there is a piece in today's Telegraph saying that Paris is the 2nd finance choice after London and others like Frankfurt wont get a look in.
The main thing going for Frankfurt is the presence of the ECB there. Financial services need to get over a threshold size to benefit from economies of scale and, more importantly, economies of scope. Other than the ECB what advantage does Frankfurt-a-M have over Paris which has all the French government and decision makers on hand?
It doesn't have weekly riots with running battles in the streets and the taxes are lower.
I know it goes without saying, but it really is ever more clear that he has no idea how things work. Quite why winning Georgia, somehow, would affect the results in other States, is unclear to me.
Doesn't know and/or doesn't care. I'm not sure which is worse.
He's either deliberately lying and obfuscating trying to mislead his supporters and stoke a sense of grievance . . . or he's so surrounded by "Yes men" that there's nobody around him prepared to say "No Mr President, that's not how it works".
If this is the only thing holding a deal back then it must be fairly certain?
Not what but why. Macron's game is to break the negotiation on fish because he wants no deal and therefore a chance for Paris to get financial services from London. It is a win for him if the UK caves on fish ("look fisherfolk what I have got for you") but also he wins if the UK holds firm and there is no deal. Opprobrium from his EU partners is a small price to pay for this tactic.
Yes, silly really for Boris to bet the farm on fish: 0.01% of GDP and all that. Boris must know that fish is the only goody he can sell to his base, the rest of the deal being one surrender after another. There's no other explanation.
Even more silly for Macron to ever even dream that Paris would get financial services from London. There are plenty of cities ahead of Paris if there is a move to the EU from London. If that is his thinking then he is in cloud cuckoo land.
I have no idea, but there is a piece in today's Telegraph saying that Paris is the 2nd finance choice after London and others like Frankfurt wont get a look in.
The main thing going for Frankfurt is the presence of the ECB there. Financial services need to get over a threshold size to benefit from economies of scale and, more importantly, economies of scope. Other than the ECB what advantage does Frankfurt-a-M have over Paris which has all the French government and decision makers on hand?
It doesn't have weekly riots with running battles in the streets and the taxes are lower.
Germany also has the benefit of having lots of people who speak fluent English unlike the nation of collaborators.
Which is very useful as English is the lingua franca of the financial services industry.
Had to take a trip into Middlesbrough this afternoon. From what I've seen Tier 3 isn't enough of a restriction for them. Boro has several indoor shopping malls. About a third of shoppers either not wearing a mask or exposing their nose and sometimes their mouth as well. Stores with queue lines outside, no attempt at spacing, people literally coughing on each other. Utterly stupid behaviour.
Smoggies for you.
Just typical Yorkshiremen really.
If you posted that on Twitter you'd get a tag for posting fake news.
Nine days to the 14th which is when the Electoral College votes for Biden and, we have been told, Betfair will settle. Sure they should have settled weeks ago and could still settle next Tuesday (safe harbour) but nine days is to be.
If this is the only thing holding a deal back then it must be fairly certain?
Not what but why. Macron's game is to break the negotiation on fish because he wants no deal and therefore a chance for Paris to get financial services from London. It is a win for him if the UK caves on fish ("look fisherfolk what I have got for you") but also he wins if the UK holds firm and there is no deal. Opprobrium from his EU partners is a small price to pay for this tactic.
Personally, I think he's posing and acting "tough". In a No Deal scenario, there wouldn't be a single "financial services" winner anyway. I think the EU would look very much like the US does, with financial services spread out across the continent.
Frankfurt would get German and Eastern European Corporate Finance (despite being in Western Europe). Munich would get asset management. Dublin will be everyone's back office. Sweden will become the hub for Scandinavia. And Paris will probably get the trading desks of the French banks back.
Which is really just BNP. And most of that is in Paris anyway.
If this is the only thing holding a deal back then it must be fairly certain?
Not what but why. Macron's game is to break the negotiation on fish because he wants no deal and therefore a chance for Paris to get financial services from London. It is a win for him if the UK caves on fish ("look fisherfolk what I have got for you") but also he wins if the UK holds firm and there is no deal. Opprobrium from his EU partners is a small price to pay for this tactic.
Yes, silly really for Boris to bet the farm on fish: 0.01% of GDP and all that. Boris must know that fish is the only goody he can sell to his base, the rest of the deal being one surrender after another. There's no other explanation.
Even more silly for Macron to ever even dream that Paris would get financial services from London. There are plenty of cities ahead of Paris if there is a move to the EU from London. If that is his thinking then he is in cloud cuckoo land.
I have no idea, but there is a piece in today's Telegraph saying that Paris is the 2nd finance choice after London and others like Frankfurt wont get a look in.
The main thing going for Frankfurt is the presence of the ECB there. Financial services need to get over a threshold size to benefit from economies of scale and, more importantly, economies of scope. Other than the ECB what advantage does Frankfurt-a-M have over Paris which has all the French government and decision makers on hand?
It doesn't have weekly riots with running battles in the streets and the taxes are lower.
Germany also has the benefit of having lots of people who speak fluent English unlike the nation of collaborators.
Which is very useful as English is the lingua franca of the financial services industry.
A City friend once lamented that French traders could not speak English, at least until they established you could not speak French, at which point they could learn English in 30 seconds or less. Clever people, the French.
If this is the only thing holding a deal back then it must be fairly certain?
Not what but why. Macron's game is to break the negotiation on fish because he wants no deal and therefore a chance for Paris to get financial services from London. It is a win for him if the UK caves on fish ("look fisherfolk what I have got for you") but also he wins if the UK holds firm and there is no deal. Opprobrium from his EU partners is a small price to pay for this tactic.
Hmm depends what can be worked out on fish. There’s worse deals for our fishing industry than say no change but time limited. You are right, something Farage can call a sell out on fish or no deal.
The people who made all the brexit promises 4 years ago are the wrong uns to be leading this deal negotiation, they are not negotiating for good of this country or even to strengthen brexit in long run, simply negotiating for their own short term credibility.
All the 48 and big minority of the 52 would settle for something more than a Canada style FTA brexit. But even the Canada FTA let alone something more is incompatible with all the promises made. Hence a negotiation not in the national or even brexits long term interest.
If this is the only thing holding a deal back then it must be fairly certain?
Not what but why. Macron's game is to break the negotiation on fish because he wants no deal and therefore a chance for Paris to get financial services from London. It is a win for him if the UK caves on fish ("look fisherfolk what I have got for you") but also he wins if the UK holds firm and there is no deal. Opprobrium from his EU partners is a small price to pay for this tactic.
But will France get financial services from London? Really?
I mean, would you want your pension invested by the French?
That's a little harsh: there have been some excellent individual French portfolio managers (Frederic Gaultier at Fidelity, for example) and some pretty decent asset management firms
If this is the only thing holding a deal back then it must be fairly certain?
Not what but why. Macron's game is to break the negotiation on fish because he wants no deal and therefore a chance for Paris to get financial services from London. It is a win for him if the UK caves on fish ("look fisherfolk what I have got for you") but also he wins if the UK holds firm and there is no deal. Opprobrium from his EU partners is a small price to pay for this tactic.
Yes, silly really for Boris to bet the farm on fish: 0.01% of GDP and all that. Boris must know that fish is the only goody he can sell to his base, the rest of the deal being one surrender after another. There's no other explanation.
Even more silly for Macron to ever even dream that Paris would get financial services from London. There are plenty of cities ahead of Paris if there is a move to the EU from London. If that is his thinking then he is in cloud cuckoo land.
I have no idea, but there is a piece in today's Telegraph saying that Paris is the 2nd finance choice after London and others like Frankfurt wont get a look in.
The main thing going for Frankfurt is the presence of the ECB there. Financial services need to get over a threshold size to benefit from economies of scale and, more importantly, economies of scope. Other than the ECB what advantage does Frankfurt-a-M have over Paris which has all the French government and decision makers on hand?
It doesn't have weekly riots with running battles in the streets and the taxes are lower.
True. And neither city holds a candle to London atm, and I agree with you that Macron's goal is a chimera. But that doesn't mean he's not going to try it on. What does he have to lose?
I know it goes without saying, but it really is ever more clear that he has no idea how things work. Quite why winning Georgia, somehow, would affect the results in other States, is unclear to me.
I presume his strategy is to try and show fraud in one state and then use that to put pressure on other states to do the same thing. It is rubbish of course but you can at least see the method in his madness.
If this is the only thing holding a deal back then it must be fairly certain?
Not what but why. Macron's game is to break the negotiation on fish because he wants no deal and therefore a chance for Paris to get financial services from London. It is a win for him if the UK caves on fish ("look fisherfolk what I have got for you") but also he wins if the UK holds firm and there is no deal. Opprobrium from his EU partners is a small price to pay for this tactic.
Yes, silly really for Boris to bet the farm on fish: 0.01% of GDP and all that. Boris must know that fish is the only goody he can sell to his base, the rest of the deal being one surrender after another. There's no other explanation.
Even more silly for Macron to ever even dream that Paris would get financial services from London. There are plenty of cities ahead of Paris if there is a move to the EU from London. If that is his thinking then he is in cloud cuckoo land.
I have no idea, but there is a piece in today's Telegraph saying that Paris is the 2nd finance choice after London and others like Frankfurt wont get a look in.
The main thing going for Frankfurt is the presence of the ECB there. Financial services need to get over a threshold size to benefit from economies of scale and, more importantly, economies of scope. Other than the ECB what advantage does Frankfurt-a-M have over Paris which has all the French government and decision makers on hand?
It doesn't have weekly riots with running battles in the streets and the taxes are lower.
Germany also has the benefit of having lots of people who speak fluent English unlike the nation of collaborators.
Which is very useful as English is the lingua franca of the financial services industry.
A City friend once lamented that French traders could not speak English, at least until they established you could not speak French, at which point they could learn English in 30 seconds or less. Clever people, the French.
As someone who can speak seven* languages it is amusing to feign ignorance when you actually know that particular language.
If this is the only thing holding a deal back then it must be fairly certain?
Not what but why. Macron's game is to break the negotiation on fish because he wants no deal and therefore a chance for Paris to get financial services from London. It is a win for him if the UK caves on fish ("look fisherfolk what I have got for you") but also he wins if the UK holds firm and there is no deal. Opprobrium from his EU partners is a small price to pay for this tactic.
Yes, silly really for Boris to bet the farm on fish: 0.01% of GDP and all that. Boris must know that fish is the only goody he can sell to his base, the rest of the deal being one surrender after another. There's no other explanation.
Even more silly for Macron to ever even dream that Paris would get financial services from London. There are plenty of cities ahead of Paris if there is a move to the EU from London. If that is his thinking then he is in cloud cuckoo land.
I have no idea, but there is a piece in today's Telegraph saying that Paris is the 2nd finance choice after London and others like Frankfurt wont get a look in.
There was a piece in the Telegraph about Estonia is turning to shale for energy, and it suggested that Estonia was about to become a shale gas powerhouse.
What they actually do in Estonia - and have done for thousands of years - is dig up shale and use it for fuel.
It was an article that was written by someone who knows literally nothing about the energy industry.
So I wouldn't put any money on their "source" being right.
If this is the only thing holding a deal back then it must be fairly certain?
Not what but why. Macron's game is to break the negotiation on fish because he wants no deal and therefore a chance for Paris to get financial services from London. It is a win for him if the UK caves on fish ("look fisherfolk what I have got for you") but also he wins if the UK holds firm and there is no deal. Opprobrium from his EU partners is a small price to pay for this tactic.
But will France get financial services from London? Really?
I mean, would you want your pension invested by the French?
They have significantly better pensions than the UK, by a country mile. No coincidence UK is the worst pension in the developed world.
Not once you include private pensions which are now compulsory via auto enrollment
If this is the only thing holding a deal back then it must be fairly certain?
Not what but why. Macron's game is to break the negotiation on fish because he wants no deal and therefore a chance for Paris to get financial services from London. It is a win for him if the UK caves on fish ("look fisherfolk what I have got for you") but also he wins if the UK holds firm and there is no deal. Opprobrium from his EU partners is a small price to pay for this tactic.
Yes, silly really for Boris to bet the farm on fish: 0.01% of GDP and all that. Boris must know that fish is the only goody he can sell to his base, the rest of the deal being one surrender after another. There's no other explanation.
Even more silly for Macron to ever even dream that Paris would get financial services from London. There are plenty of cities ahead of Paris if there is a move to the EU from London. If that is his thinking then he is in cloud cuckoo land.
I have no idea, but there is a piece in today's Telegraph saying that Paris is the 2nd finance choice after London and others like Frankfurt wont get a look in.
The main thing going for Frankfurt is the presence of the ECB there. Financial services need to get over a threshold size to benefit from economies of scale and, more importantly, economies of scope. Other than the ECB what advantage does Frankfurt-a-M have over Paris which has all the French government and decision makers on hand?
It doesn't have weekly riots with running battles in the streets and the taxes are lower.
Germany also has the benefit of having lots of people who speak fluent English unlike the nation of collaborators.
Which is very useful as English is the lingua franca of the financial services industry.
A City friend once lamented that French traders could not speak English, at least until they established you could not speak French, at which point they could learn English in 30 seconds or less. Clever people, the French.
As someone who can speak seven* languages it is amusing to feign ignorance when you actually know that particular language.
If this is the only thing holding a deal back then it must be fairly certain?
Not what but why. Macron's game is to break the negotiation on fish because he wants no deal and therefore a chance for Paris to get financial services from London. It is a win for him if the UK caves on fish ("look fisherfolk what I have got for you") but also he wins if the UK holds firm and there is no deal. Opprobrium from his EU partners is a small price to pay for this tactic.
Yes, silly really for Boris to bet the farm on fish: 0.01% of GDP and all that. Boris must know that fish is the only goody he can sell to his base, the rest of the deal being one surrender after another. There's no other explanation.
Even more silly for Macron to ever even dream that Paris would get financial services from London. There are plenty of cities ahead of Paris if there is a move to the EU from London. If that is his thinking then he is in cloud cuckoo land.
I have no idea, but there is a piece in today's Telegraph saying that Paris is the 2nd finance choice after London and others like Frankfurt wont get a look in.
The main thing going for Frankfurt is the presence of the ECB there. Financial services need to get over a threshold size to benefit from economies of scale and, more importantly, economies of scope. Other than the ECB what advantage does Frankfurt-a-M have over Paris which has all the French government and decision makers on hand?
It doesn't have weekly riots with running battles in the streets and the taxes are lower.
Germany also has the benefit of having lots of people who speak fluent English unlike the nation of collaborators.
Which is very useful as English is the lingua franca of the financial services industry.
A City friend once lamented that French traders could not speak English, at least until they established you could not speak French, at which point they could learn English in 30 seconds or less. Clever people, the French.
As someone who can speak seven* languages it is amusing to feign ignorance when you actually know that particular language.
I wouldn’t have said they were ‘open minded and decent.’ I’ve neither forgotten nor forgiven their rampages through Cardiff on match days fuelled by anti-Welsh xenophobia.
Cardiff City v Millwall at Ninian Park? Not a pretty sight, I’m sure.
Nearly as bad as when Scotland's finest visited Manchester in 2008.
You mean the side that wants to play in the English Premier League?
I know it goes without saying, but it really is ever more clear that he has no idea how things work. Quite why winning Georgia, somehow, would affect the results in other States, is unclear to me.
I presume his strategy is to try and show fraud in one state and then use that to put pressure on other states to do the same thing. It is rubbish of course but you can at least see the method in his madness.
He can frame the courts as in on it against him, and talk about how many cases about fraud there were (even though many explicitly were not about fraud), and state that proves there was a lot of fraud. Winning a case would be incidental to that.
I wouldn’t have said they were ‘open minded and decent.’ I’ve neither forgotten nor forgiven their rampages through Cardiff on match days fuelled by anti-Welsh xenophobia.
Cardiff City v Millwall at Ninian Park? Not a pretty sight, I’m sure.
Nearly as bad as when Scotland's finest visited Manchester in 2008.
You mean the side that wants to play in the English Premier League?
There's a reason why keep on saying No!
But whether they play in the EPL or the SPL they'll always be from Scotland, just like their fans.
If this is the only thing holding a deal back then it must be fairly certain?
Not what but why. Macron's game is to break the negotiation on fish because he wants no deal and therefore a chance for Paris to get financial services from London. It is a win for him if the UK caves on fish ("look fisherfolk what I have got for you") but also he wins if the UK holds firm and there is no deal. Opprobrium from his EU partners is a small price to pay for this tactic.
Yes, silly really for Boris to bet the farm on fish: 0.01% of GDP and all that. Boris must know that fish is the only goody he can sell to his base, the rest of the deal being one surrender after another. There's no other explanation.
Even more silly for Macron to ever even dream that Paris would get financial services from London. There are plenty of cities ahead of Paris if there is a move to the EU from London. If that is his thinking then he is in cloud cuckoo land.
I have no idea, but there is a piece in today's Telegraph saying that Paris is the 2nd finance choice after London and others like Frankfurt wont get a look in.
There was a piece in the Telegraph about Estonia is turning to shale for energy, and it suggested that Estonia was about to become a shale gas powerhouse.
What they actually do in Estonia - and have done for thousands of years - is dig up shale and use it for fuel.
It was an article that was written by someone who knows literally nothing about the energy industry.
So I wouldn't put any money on their "source" being right.
I think that @rottenborough is referring to a piece by Matthew Lynn - not a "source" to be sneered at imho. Why deplore all their writers because of one dodgy one on a totally different topic?
If this is the only thing holding a deal back then it must be fairly certain?
Not what but why. Macron's game is to break the negotiation on fish because he wants no deal and therefore a chance for Paris to get financial services from London. It is a win for him if the UK caves on fish ("look fisherfolk what I have got for you") but also he wins if the UK holds firm and there is no deal. Opprobrium from his EU partners is a small price to pay for this tactic.
Yes, silly really for Boris to bet the farm on fish: 0.01% of GDP and all that. Boris must know that fish is the only goody he can sell to his base, the rest of the deal being one surrender after another. There's no other explanation.
Even more silly for Macron to ever even dream that Paris would get financial services from London. There are plenty of cities ahead of Paris if there is a move to the EU from London. If that is his thinking then he is in cloud cuckoo land.
I have no idea, but there is a piece in today's Telegraph saying that Paris is the 2nd finance choice after London and others like Frankfurt wont get a look in.
The main thing going for Frankfurt is the presence of the ECB there. Financial services need to get over a threshold size to benefit from economies of scale and, more importantly, economies of scope. Other than the ECB what advantage does Frankfurt-a-M have over Paris which has all the French government and decision makers on hand?
It doesn't have weekly riots with running battles in the streets and the taxes are lower.
True. And neither city holds a candle to London atm, and I agree with you that Macron's goal is a chimera. But that doesn't mean he's not going to try it on. What does he have to lose?
Merkel's goodwill. She will be fuming if he f*cks a deal this weekend.
If this is the only thing holding a deal back then it must be fairly certain?
Not what but why. Macron's game is to break the negotiation on fish because he wants no deal and therefore a chance for Paris to get financial services from London. It is a win for him if the UK caves on fish ("look fisherfolk what I have got for you") but also he wins if the UK holds firm and there is no deal. Opprobrium from his EU partners is a small price to pay for this tactic.
But will France get financial services from London? Really?
I mean, would you want your pension invested by the French?
That's a little harsh: there have been some excellent individual French portfolio managers (Frederic Gaultier at Fidelity, for example) and some pretty decent asset management firms
I don't doubt it. My distrust is rather more pointed at the French state.
If this is the only thing holding a deal back then it must be fairly certain?
Not what but why. Macron's game is to break the negotiation on fish because he wants no deal and therefore a chance for Paris to get financial services from London. It is a win for him if the UK caves on fish ("look fisherfolk what I have got for you") but also he wins if the UK holds firm and there is no deal. Opprobrium from his EU partners is a small price to pay for this tactic.
Yes, silly really for Boris to bet the farm on fish: 0.01% of GDP and all that. Boris must know that fish is the only goody he can sell to his base, the rest of the deal being one surrender after another. There's no other explanation.
Even more silly for Macron to ever even dream that Paris would get financial services from London. There are plenty of cities ahead of Paris if there is a move to the EU from London. If that is his thinking then he is in cloud cuckoo land.
I have no idea, but there is a piece in today's Telegraph saying that Paris is the 2nd finance choice after London and others like Frankfurt wont get a look in.
The main thing going for Frankfurt is the presence of the ECB there. Financial services need to get over a threshold size to benefit from economies of scale and, more importantly, economies of scope. Other than the ECB what advantage does Frankfurt-a-M have over Paris which has all the French government and decision makers on hand?
It doesn't have weekly riots with running battles in the streets and the taxes are lower.
True. And neither city holds a candle to London atm, and I agree with you that Macron's goal is a chimera. But that doesn't mean he's not going to try it on. What does he have to lose?
Merkel's goodwill. She will be fuming if he f*cks a deal this weekend.
But she's on the way out, and Macron plans to still be in the game for years.
I wouldn’t have said they were ‘open minded and decent.’ I’ve neither forgotten nor forgiven their rampages through Cardiff on match days fuelled by anti-Welsh xenophobia.
Cardiff City v Millwall at Ninian Park? Not a pretty sight, I’m sure.
Nearly as bad as when Scotland's finest visited Manchester in 2008.
You mean the side that wants to play in the English Premier League?
There's a reason why keep on saying No!
But whether they play in the EPL or the SPL they'll always be from Scotland, just like their fans.
What's that reason, please? I haven't been following that side of life (in more senses than one).
Not immediately going “au revoir” is good news tbh. I suspect there might have been some pinking of lines otherwise the door would have been shut.
Could somebody tell me when the clock REALLY runs out on doing this deal? Is it 11pm on 31st? In which case, why are we all bothering to get excited until 10.55 pm on 31st?
It has to be intentional to be an offence, TSE. Unintentionally catching the ball is no more an offence in football than unintentionally bullying someone is in politics.
I wouldn’t have said they were ‘open minded and decent.’ I’ve neither forgotten nor forgiven their rampages through Cardiff on match days fuelled by anti-Welsh xenophobia.
Cardiff City v Millwall at Ninian Park? Not a pretty sight, I’m sure.
Nearly as bad as when Scotland's finest visited Manchester in 2008.
You mean the side that wants to play in the English Premier League?
There's a reason why keep on saying No!
But whether they play in the EPL or the SPL they'll always be from Scotland, just like their fans.
What's that reason, please? I haven't been following that side of life (in more senses than one).
There's many reasons, like it would mean two PL clubs making way for the Old Firm, which won't happen, but the primary reason was that PL is based on selling a massively family friendly product but up to quite recent a successful Old Firm derby was when the police didn't have to open a murder inquiry.
There'd be too much risk to the PL brand if that violence was imported.
Just imagine on the last day of the season, Celtic are facing relegation, and the other side facing relegation had to play Rangers on the last day of the season, and Rangers lost (heavily).
Comments
https://twitter.com/robsmithireland/status/1335270879480131584
https://www.dailymail.co.uk/sport/sportsnews/article-9021343/Millwall-fans-BOO-players-knee-ahead-Championship-clash-Derby.html#comments-9021343
I mean, would you want your pension invested by the French?
https://www.bostonglobe.com/2020/12/04/nation/makes-you-ask-why-hell-we-even-bother-infectious-disease-experts-face-disillusionment-covid-19-pandemic-worsens/
One of them had death threats just for testifying before Congress about the inefficacy of hydroxychloroquine.
I hope they have the money to pay out. I know I know, client funds are separate and protected etc, but I am starting to think the unthinkable...
https://twitter.com/realDonaldTrump/status/1335268230206722048
Macron isn't willing or able to deal with this and that is why Paris will not succeed London as the main EU financial centre.
However Man U look like they are taking track and trace seriously. They appear to be dressed as a QR code.
Biden 1.03
Democrats 1.03
Biden PV 1.02
Biden PV 49-51.9% 1.03
Trump PV 46-48.9% 1.03
Trump ECV 210-239 1.06
Biden ECV 300-329 1.06
Biden ECV Hcap -48.5 1.04
Biden ECV Hcap -63.5 1.05
Trump ECV Hcap +81.5 no offers
AZ Dem 1.04
GA Dem 1.05
MI Dem 1.03
NV Dem 1.02
PA Dem 1.03
WI Dem 1.04
Trump to leave before end of term NO 1.11
Trump exit date 2021 1.07
Bloody ManU, I transfer in Fernandes as captain, and OGS puts him on the bench.
I admit I am really Torquil Ponsonby-Farquharson, went to Eton and am best buddies with Boris as well as a die hard Lions fan.
He's either deliberately lying and obfuscating trying to mislead his supporters and stoke a sense of grievance . . . or he's so surrounded by "Yes men" that there's nobody around him prepared to say "No Mr President, that's not how it works".
Which is very useful as English is the lingua franca of the financial services industry.
I wouldn't be inclined to attribute to malice or mischief anything which can readily be explained by incompetence.
Frankfurt would get German and Eastern European Corporate Finance (despite being in Western Europe). Munich would get asset management. Dublin will be everyone's back office. Sweden will become the hub for Scandinavia. And Paris will probably get the trading desks of the French banks back.
Which is really just BNP. And most of that is in Paris anyway.
https://i2-prod.chroniclelive.co.uk/incoming/article10363984.ece/ALTERNATES/s615/Quinn.jpg
You are right, something Farage can call a sell out on fish or no deal.
The people who made all the brexit promises 4 years ago are the wrong uns to be leading this deal negotiation, they are not negotiating for good of this country or even to strengthen brexit in long run, simply negotiating for their own short term credibility.
All the 48 and big minority of the 52 would settle for something more than a Canada style FTA brexit. But even the Canada FTA let alone something more is incompatible with all the promises made. Hence a negotiation not in the national or even brexits long term interest.
https://twitter.com/RMFifthCircuit/status/1334998923161853953
The only ‘methods’ are grift and intimidation.
We’ll see...
He should be tried for treason.
*Eight if you include American.
What they actually do in Estonia - and have done for thousands of years - is dig up shale and use it for fuel.
It was an article that was written by someone who knows literally nothing about the energy industry.
So I wouldn't put any money on their "source" being right.
https://twitter.com/tconnellyRTE/status/1335278622173777920?s=20
But whether they play in the EPL or the SPL they'll always be from Scotland, just like their fans.
We get a four year breather before he is back again and the GOP candidate in 2024 by looks of things.
https://twitter.com/bbclaurak/status/1335283414874935297?s=20
https://twitter.com/bbclaurak/status/1335283688158932992?s=20
Who wants to live in a nerdy world of no handshakes and no big sweaty crowds?
Brendan O'Neill"
https://www.spiked-online.com/2020/12/04/down-with-the-new-normal/
There'd be too much risk to the PL brand if that violence was imported.
Just imagine on the last day of the season, Celtic are facing relegation, and the other side facing relegation had to play Rangers on the last day of the season, and Rangers lost (heavily).
That's a recipe for disaster.
https://twitter.com/nypost/status/1332134725075546113?s=20