New Londo
After ‘Brexit,’ Finding a New London for the Financial World to Call Home
11–20 of 139 posts
Re: After ‘Brexit,’ Finding a New London for the Financial World to Call Home
#12>Badly hurt by the financial crisis, the Dutch have capped bankers’ bonuses at just 20 percent of their annual salaries — a far more drastic curb than was imposed by the European Union. Several bankers told me that unless the Dutch repealed the cap, they wouldn’t consider moving to Amsterdam. “I’d love to relocate to Amsterdam,” one top executive told me. “But I don’t think we’re wanted there.” My deepest sympathy go…
If there is market incentive to move banking to Holland, it will happen. The bankers will move where the jobs go, they don't have much say in the matter.
Re: After ‘Brexit,’ Finding a New London for the Financial World to Call Home
#13There's an ongoing offshoring of certain divisions anyway, something the article alludes to with the Polish IT staff. That kind of thing is Brexit independent. Michelin stars are not synonymous with having good restaurants. Something like a good steakhouse is not captured my Michelin, which is a very narrow definition of good food. There's also the requirement of variety, which London does extremely well: food from m…
> Something like a good steakhouse is not captured my Michelin, which is a very narrow definition of good food.
Michelin rates all kinds of places, including sushi bars, Chinese takeaways and steakhouses.
Re: After ‘Brexit,’ Finding a New London for the Financial World to Call Home
#14Why is English so important? You are going to speak it in the workplace, for sure, but why do you need that the people in the street are fluent in English? The couple of sentences that you'll exchange in the restaurant will come through even if people are not fluent.
It's not in some places. You can easily get by in Stockholm, and to some extent Berlin, with just English. Then learn the local language gradually if you stay there. In fact it can be difficult to speak the native language as people will talk to you in English as soon as they realize you're not native.
I've actually had a harder time conversing with people in some parts of Scotland by phone, due to our different accents, than in some parts of Europe. Even though we both speak English as a first language. The UK can have bigger internal differences than the rest of the English speaking world.
Some of this is down to the international (US) English used in non-native English speaking places. I had to write my book on ASP.NET Core in American English, which took some getting used to. :)
Re: After ‘Brexit,’ Finding a New London for the Financial World to Call Home
#15Well... Actually it would seem that Scotland would really like to become independent and be part of the EU. That article should have considered Edimburg, even if it might have been a journalistic faux-pas.
"become independent and part of the EU" - an oxymoron, no?
Re: After ‘Brexit,’ Finding a New London for the Financial World to Call Home
#16New Londo
Appropriate, given most of the UK will look like the New Londo Ruins soon enough.
Re: After ‘Brexit,’ Finding a New London for the Financial World to Call Home
#17http://www.wewilldrivethemtotheairport.co.uk/
Would probably be better if they didn't use a BMW light-cluster in the banner. What with it being German.
Perhaps a Toyota Avensis, built in Derbyshire...?
Re: After ‘Brexit,’ Finding a New London for the Financial World to Call Home
#18Well... Actually it would seem that Scotland would really like to become independent and be part of the EU. That article should have considered Edimburg, even if it might have been a journalistic faux-pas.
If Scotland gets its Independence, then Edinburgh is a great candidate for a new London for the finance industry, as it's already got a decent finance presence.
Edinburgh is probably far too small and the centre is too protected (it's a World Heritage Site) for much development to happen here.
I'll admit to possibly being a bit of NIMBY in my comment as I live and work in central Edinburgh!
Re: After ‘Brexit,’ Finding a New London for the Financial World to Call Home
#19Well... Actually it would seem that Scotland would really like to become independent and be part of the EU. That article should have considered Edimburg, even if it might have been a journalistic faux-pas.
"become independent and part of the EU" - an oxymoron, no?
No. Scotland would leave the UK and join the EU. Ireland did exactly that, getting inpendence from the UK in 1922, and joining EU in 1979 or so.
Scotland, and the Scottish Parliament, would be free to charge what taxes it wants, and have more power over where that would go.
Re: After ‘Brexit,’ Finding a New London for the Financial World to Call Home
#20Well... Actually it would seem that Scotland would really like to become independent and be part of the EU. That article should have considered Edimburg, even if it might have been a journalistic faux-pas.
"become independent and part of the EU" - an oxymoron, no?
Not really. The UK decided itself to leave the EU. The UK claims that Scotland doesn't have the legal standing to make that call itself. That's a fairly clear sign of loss of sovereignty.