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  • City of London Brexit hit worse than expected, says study

    From reuters.com

    Over 400 financial firms in Britain have shifted activities, staff and a combined trillion pounds ($1.4 trillion) in assets to hubs in the European Union due to Brexit, with more pain to come, a study from New Financial think tank said on Friday.“We think it is an underestimate and we expect the numbers to increase over time: we are only at the end of the beginning of Brexit,” the study said. The EU has offered Britain little in the way of direct market access for financial services, which were not included in the bloc’s trade deal with the United Kingdom from January. “That access is unlikely to be ... (full story)

New Financial think tank!? Europhile propaganda drivel.
Quoting rustydavo
New Financial think tank!? Europhile propaganda drivel.
Yep
by this logic, Europe is doing worse than expected post Brexit.
Well well well, Brexit is even better than I thought it would be isn't it ? €50 billion paid by the UK taxpayer, more fish than we can eat in a lifetime, and now $1.4 trillion in assets (80 percent of UK GDP). I'm literally in love with Brexit, I never could have dreamt this phenomenal success for Europe, I'm actually overwhelmed by all these freebies. And this is just the beginning folks. And I wanna say we shouldn't troll the Brexit chavs anymore, we should be grateful because we won the jackpot and they gave us the winning ticket!
Maybe I'll stop getting those cold-call scam calls from London brokers after midnight, being in Australia.

England's average IQ will probably increase.
Definitely going to impact the tax base in the UK, but by what magnitude?
Quoting hosemaster
Definitely going to impact the tax base in the UK, but by what magnitude?

uk corporate tax will increase by 30% in 2022 from 19% to 25%
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  • Story Stats
  • Posted: Apr 16, 2021 2:18pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 7  /  Views: 1,789
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