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Back then, there were serious financial institutions based in Paris, Zurich, Frankfurt, and the like. And Goldman had a big satellite office in Frankfurt, and medium sized ones in Milan and Paris.
Now most of them have moved the bulk of their operations to London: BNP's capital markets operations are here; both CS and UBS probably employ more people in London than Zurich, Berenberg has basically moved from Hamburg to London, and the German banks all have big London operations - certainly compared to the mid 1990s.
The forecast for the number of UKIP seats that will be gained.......is.......wait for it............27.
There now, that wasn't painful, was it?
MikeK said:
UKIP has been dominating this thread, and as UKIP -the party - is now getting 200± recruits a week it will soon overtake the L/dems, if it hasn't already, I will now offer my bi-monthly forecast for the 2015 GE; steady now, those at the back.
The forecast for the number of UKIP seats that will be gained.......is.......wait for it............27.
There now, that wasn't painful, was it?
As usual you won't want a bet on that? Tell you what, you think 27 I will give you evens they get less than 7. £50?
Ms Dorries has published the email exchange she had with the Telegraph journalist.
http://blog.dorries.org/id-2128-2014_3_How_they_try_to_skewer_an_MP!.aspx
In the 1980s the fear was that the Japanese banks were taking over the world and what they didn't want would move to Frankfurt.
It took the Blessed Margaret to stand up to this threat. She alone realised that allowing Wall Street to operate unregulated in the square mile was the only way to feed unemployed miners.
Of course there was risk. Occasionally the ball rolls into zero. But the banks bounce back.
The UK's future rests far more in derivatives than dirigibles.
Whatever Mr. Brooke says.
Mr Pole faced with the prospect of some obvious troll bait and watching Shetland you've just lost :-)
You could always do something useful break and up a couple of banks while I'm away.
Posh lads destroying the Tory party. Genius.
I don't know .... this politics game make a right pudding of us all at times.
* We are the pre-eminent city for corporate finance. If an American company wants to issue bonds issued in Euros, Pounds, or even Yen - chances are the work will all be done in London.
* For mergers and acquisitions, there is no city in the world - particularly in specialised areas like biotech, or energy - where more work gets done. If a Swiss pharmaceutical company buys an American biotech company. Guess what - the work gets done in London.
* For fund management, London is one of the biggest three cities in the world.
It is not Ed's fault: merely the tyranny of small differences.
Where did you go to school, IOS?
Sun Politics
@Sun_Politics
.@edvaizey a @onedirection fan? Minister uses SEVEN song titles in commons answer on boyband:
http://bit.ly/1ehTtZA
pic.twitter.com/3YotYgRAsi
Exactly what I think. It's the simplest explanation.
Link 20:
It'll be cr@p. But at least it won't have Benedict Cumberbatch in.
Not a public school! This is a discussion about how the Tories and the press are out of touch from the public. They just really haven't got a clue.
The Tories really need to rehabilitate David Davis and then make him leader.
https://plus.google.com/106271056358366282907/posts/GoeVjHJaGBz
http://blogs.telegraph.co.uk/news/seanthomas/100264023/tony-benn-admired-chairman-mao-responsible-for-the-deaths-of-millions-why-is-this-ignored/
Nineteen up already and plenty more to come.
Unless Gove's reforms succeed. That is why he is seen in the party as a dangerous man.
Get your children into a Free School quick is my advice. At least it will give you the chance of enjoying a vicarious sense of political success.
http://patdollard.com/2014/03/former-cia-analyst-the-disappearance-of-mh370-has-been-more-skillfully-executed-than-9-11/
http://i.imgur.com/LwXST.jpg
The Malaysian Airlines jet went missing 1.30am on Sunday, March 9. But it wasn't until the following Tuesday that the Malaysian Air Force reported they had spotted the aircraft on radar over the Strait of Malacca at 2.15am.
Now Thailand's military say they detected a plane at 1.28am, eight minutes after MH370's communications went down, heading towards the Strait but didn't share the information because they were not asked for it.
Writing on his blog, Aviation expert David Learmount said: 'Maybe these states’ air defences, like Malaysia’s, are not what they are cracked up to be.
'And maybe they wouldn’t want the rest of the world to know that.'
http://www.dailymail.co.uk/news/article-2583553/Thai-military-says-missing-flight-MH370-followed-twisting-path-Strait-Malacca.html
Thanks to AndyJS for posting it originally, and TSE for his reminder. ;-)
As an aside and almost totally unrelated, and just to show that weird things do happen, I present the Cornfield Bomber. A F-106 pilot ejected when his plane got into a flat spin, but the ejection stopped the spin and the plane continued to belly-land in a field. It was so lightly damaged that it was repaired and flown again. It is now in a museum.
http://en.wikipedia.org/wiki/Cornfield_Bomber
I love that story.
I posted on here, in response:
Do you admire Churchill?
Was he responsible for 3 million deaths during the Bengal famine of 1943?
Bengal bore the brunt of the gathering disaster. At least 1.5 million died as a direct result of the famine which began at the end of 1942 and last all through the following year. A similar number again are estimated to have perished through disease - cholera, malaria and smallpox - because they were so malnourished that they had no resistance. Churchill, already furious with India, refused to interfere with the shipping programme to bring relief. Only when Field Marshall Wavell was made viceroy in September 1943 did the government of India begin to get a firm grip on the problem by using troops to distribute food reserves. Wavell made himself even more unpopular with Churchill by pursuing this policy. The whole episode was probably the most shameful in the history of the British Raj. If nothing else, it completely undermined the imperialist argument that British rule protected the poor of India from the rich.
- Antony Beevor, "The Second World War", Phoenix Books (2013).
Ben Riley-Smith in the Telegraph:
http://www.telegraph.co.uk/news/uknews/scottish-independence/10705477/Shetland-and-Orkney-should-get-vote-on-whether-to-leave-Scotland.html
The petition itself is here:
http://www.scottish.parliament.uk/GettingInvolved/Petitions/islandgroups
The options would be:
1) do you wish your island group to become an independent country?
2) do you wish your island group to stay in Scotland?
and if the Scotland result is "yes", there would be the third option:
3) do you wish your island group to leave Scotland and stay in rUK?
This and the financial uncertainty are going to outweigh the Commonwealth Games in my opinion. Momentum-wise it could be all over before the Games start.
Comedy Gold.
Wasn't the Convair F-106 Delta Dart actually a fighter?
< /pedant >
But even if Gove somehow increased social mobility it wouldn't change the Tory party. Gone are the days of the ruthless Tory machine of the 1980's. Now its just a sort of drinking club for people from the upper classes.
But that's all good cos the upper class drinking buddies aren't very good at winning elections.
I want one last laugh at compouter and Basil before George scores from the penalty spot.
But you'd need to be pedantic to the hundreds of article writers (and Wiki) who've been using the phrase "Cornfield Bomber" for decades. ;-)
Before JackW steps in to correct you, the current cabinet bunch are not drawn from the British upper classes.
Upper middle class mostly, but this is as important a difference as that between Nottingham HS and St. Pauls and Magdalen and Keble.
Attention to detail is all, IOS. You will have no chances of winning Cornwall without it.
http://www.thesun.co.uk/sol/homepage/news/politics/5515443/eric-pickles-latest-tory-to-wade-in-to-old-etonians-war.html
The public think the Tories are all Toffs and it's hollowing out their party.
Stop quibbling. You only have a few days left as beast of burden. Man up and thank me for pointing this out.
Sun Politics @Sun_Politics
YouGov/Sun poll tonight - Labour lead drops back down to four points: CON 34%, LAB 38%, LD 11%, UKIP 11%
Personally I couldn't care if the PM went to Eton or Feltham Young Offenders Institute as long as they were the best person for the job. Then again I am not contaminated with inverted snobbery.
'http://www.walesonline.co.uk/news/wales-news/carwyn-jones-attacks-ann-clwyd-
READ: The 24 tax rises under George Osborne. http://press.labour.org.uk/post/80005175414/24-tory-tax-rises-under-george-osborne … #Budget2014
Goody -So labour,tell us which one's you would cut out of the 24
George Eaton @georgeeaton · 2 mins
Labour spokesman tells me that party is "not opposed" to all 24 tax rises, just reminding voters that taxes have increased
'Crying with laughter' is this party really fit for Government.
Cabinet Minister - There will be no EU referendum
'But in one of the most eye-catching statements of the evening, Mr Carmicheal said, to gasps of surprise among the audience:
“There is no question of there being a referendum. There is no mechanism for the Conservatives to deliver a referendum 2017. That is the hard political fact.” '
http://www.farmersguardian.com/home/latest-news/sparks-fly-at-nfus-scottish-independence-debate/63097.article
He has voluntarily checked into a rehab center. He's been battling his addictions for about 15 years that I know about, so how long he's had this problem I don't know..
In his defense he's been a good owner - he's made good decisons, hired good personnel.
The man needs help and I hope he gets it.
16% - Benefit the public overall
55% - Benefit high earners
51% - Benefit the banks
.....and there is the future Baronet of Ballintaylor and Ballylemons problem.
New 12 sided £1 coin to be unveiled in the Budget tomorrow - old one scrapped; http://www.thesun.co.uk/sol/homepage/news/politics/5516192/new-12-sided-pound-coin.html …
http://www.thesun.co.uk/sol/homepage/news/politics/5516192/new-12-sided-pound-coin.html
'Just seen a poll on who the public think will benefit the most from the budget on ITV News:'
At least all the millionaires on Labour's front bench will be happy.
It's a present that just keeps giving:
http://blogs.spectator.co.uk/sebastian-payne/2014/03/how-much-do-voters-care-about-old-etonians-and-the-political-class/
Osborne loses pound and finds threepence
George Osborne is to scrap the current £1 coin and replace it with a 12-sided version reminiscent of the old threepenny bit, in a Budget move that may appeal to the patriotism and nostalgia of a key section of the electorate.
http://www.ft.com/intl/cms/s/0/1c09077a-aeca-11e3-aaa6-00144feab7de.html#axzz2wITGTby0
It's not April 1st, tomorrow, is it?
http://www.massvacation.com/blog/wp-content/uploads/2012/09/Squirrel_670x400-copy.jpg
http://www.bbc.co.uk/news/uk-politics-26632863
I think it looks great!
Edit- the FT have replaced "Osborne" with "UK" in their headline......which makes it less funny....
http://i.ebayimg.com/00/s/MTU5OVgxNjAw/z/YBYAAMXQkl9RdIS8/$(KGrHqN,!rMFEPcvoBNsBRdIS7yzPQ~~60_57.JPG
It's designed to appeal to swing-voting Dungeons and Dragons fans in key marginals.
HIs views on poison gas were interesting as well
The British Imperial policy of keeping coastal boats and rice stocks remote from the Bengal coast was an anti-Japanese move, not an anti Indian one. There was a very genuine fear of a Japanese invasion of Bengal, and indeed the following year there was an attempt culminating in the epic battles of Kohima and Imphal. There were many Indian troops fighting with the INA under the command of Bose in the Japanese controlled forces, and a fear of a Bengali fifth column.
The famine arose from a perfect storm of events, of which the British Indian governments actions were one, but the famine was as much the fault of the Japanese and Bose's INA as of British policy.
In contrast INA - never had more than 40,000 men, mostly prisoners of war who probably didn't want to become Japanese bayonet practice
I am not suggesting that the majority of Indian people were sympathetic to Bose and the INA (though a good number probably were and Bose is still regarded as a hero in some Indian quarters). It was not unreasonable though of the British Indian government to withdraw potential boats and supplies in front of the anticipated Japanese led Invasion.
This was one of the factors in the famine, but there were many others, not least the disruption of Burmese rice exports to Bengal.
£50 - Wren:
http://www.bankofengland.co.uk/banknotes/Pages/denom_guide/nonflash/50-seriesd.aspx
£20 - Shakespeare:
http://www.bankofengland.co.uk/banknotes/Pages/denom_guide/nonflash/20-seriesd.aspx
£10 - Nightingale:
http://www.bankofengland.co.uk/banknotes/Pages/denom_guide/nonflash/10-seriesd.aspx
£5 - Wellington:
http://www.bankofengland.co.uk/banknotes/Pages/denom_guide/nonflash/5-seriesd.aspx
£1 - Newton:
http://www.bankofengland.co.uk/banknotes/Pages/denom_guide/nonflash/1-seriesd.aspx
I'm being a little hyperbolic here, but I'm sure the Indian Army could have had not 2.5 million but 25 million volunteers had Hitler's opinions and plans for India he postulated in Mein Kampf had been more widely circulated among the population!