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Brexit watch, round 2

(1001 Posts)
petra Thu 21-Jul-16 20:35:01

Jalima Some people are having difficulty understanding that the remain camp lost the vote. They failed. They lost. They came second.

whitewave Wed 27-Jul-16 20:04:23

I wonder what Grans think that Mays statement "the closest possible economic link with the EU " means?

durhamjen Wed 27-Jul-16 20:53:34

Isn't that what we've got at the moment?
Shame Brexit is going to spoil it.

durhamjen Thu 28-Jul-16 13:02:01

www.theguardian.com/commentisfree/2016/jul/26/workers-rights-brexit-negotiations-unions

Interesting to see what workers rights could be affected by Brexit.

durhamjen Thu 28-Jul-16 13:03:15

Barclays cutting jobs and branches because of the Brexit vote.

durhamjen Thu 28-Jul-16 13:06:47

Sorry, wrong bank - Lloyds.

petra Thu 28-Jul-16 16:06:02

durhamjen In 2014 Lloyds announced that it was shedding 9,000 jobs. This was in your favourite bed time reading, The Gaudian. It's all part of the plan, nothing to do with brexit.

daphnedill Thu 28-Jul-16 16:09:12

These are in addition to the 2014 job losses and branch closures.

www.ft.com/cms/s/0/a0c395f6-5491-11e6-9664-e0bdc13c3bef.html#axzz4FdyzPG7u

Washerwoman Thu 28-Jul-16 17:09:04

BBC news website -the decision to make further cuts to the 90000 jobs plus 200 branch closures was made before before the Referendum the bank confirmed.This despite pre-tax profits up by 101 % .Funny that didn't make the main headlines.
Every local branch of HSBC has now closed around here.The first to go over 3 years ago was our nearest,and where I deposited business cheques and had known the staff for years.One by one all sub-branches outlying our large town closed. The final one several months ago,and they had two armed raids in the space of a few months. During the second raid a member of staff was violently assaulted,and subsequently staff told me no-one was keen to work there again.Very unfortunate.
I know deposit cheques at our local re-vamped local post office.Lucky to have one !Or trek into town if I need other stuff,to deposit the dwindling number of cheques we now receive as almost all our customers payou by bank transfer and we use on-line banking.Of course I would love to have a local branch,as would my very elderly mum and lots of others.But as the banks statement also clearly stated the cuts are driven by people's changing banking habits.
Banks have closed 600 branches in the last year alone.

suzied Thu 28-Jul-16 17:27:56

Didn't us taxpayers bale out Lloyds recently?

Washerwoman Thu 28-Jul-16 17:29:13

On the bright side Andy Copsey from Svenska Handlesbanken interviewed on Radio 4 World at One and very positive re their continued growth and expansion in the UK.200 branches already, and opening more as keen to provide more face to face banking alongside the digital side of it ,as that's what customers want.So new jobs there.As he said business,banking and the economy should expect ebbs and flows.We shouldn't forget the last significant ebb.a great big recession was caused primarily by the banking sector itself in 2008.

durhamjen Thu 28-Jul-16 18:05:25

www.theguardian.com/business/2016/jul/28/lloyds-bank-to-axe-3000-jobs-and-close-200-branches

durhamjen Thu 28-Jul-16 18:07:35

Your link was behind a paywall, daphne.
Isuppose I ought to go to bed now, having linked to the Guardian.

durhamjen Thu 28-Jul-16 18:10:56

www.theguardian.com/business/2016/jul/28/health-check-of-key-sectors-post-brexit-vote-counter-growth-figure

durhamjen Thu 28-Jul-16 18:27:31

Apparently the main negotiator is French, and insists on using French as the main language in negotiations.
That should prove interesting.

I assume we will have lots of translators on here.

durhamjen Thu 28-Jul-16 18:35:50

This article shows how difficult it is all going to be, without it being in French.

www.prospectmagazine.co.uk/world/theresa-may-difficult-brexit-deals-fta-wto

Anya Thu 28-Jul-16 18:43:13

The announcement by Lloyds to cut 9,000 jobs and close 200 branches (as outlined by washerwoman) was announced in 2014 - it is just a cost cutting exercise by Llodys, conveniently blamed on Brexit.

Don't be so gullible

durhamjen Thu 28-Jul-16 19:02:31

So we will not worry about the extra 3000 jobs to go and the other 200 branches to close which were announced today.
Pleased you put us right on that, Anya.

Haven't had a bank branch in my village since Barclays closed the last one over a year ago. There were three when we moved here six years ago, all part time. Have to catch a bus to get to a bank now.

petra Thu 28-Jul-16 19:20:45

So the writing was on the wall in your village 6 yrs ago, durhamjen Can't blame that on brexit.

Jalima Thu 28-Jul-16 19:22:18

Well djen I always thought that English is the language of business and French is the language of love.

Should prove interesting indeed.

He's just being petty (petty being a word of French origin meaning small. Small minded perhaps.)

Washerwoman Thu 28-Jul-16 19:27:31

You said it Durhamjen.Banks have been closing their branches by the score pre referendum.And axing jobs.
I'm sure Anya,like me has every sympathy for those losing jobs.You simply don't respond to any positive posts.Or any of my posts I've noticed.Oh well.
One of my customers has worked for Lloyds for 20 plus years.And in recent years has been increasingly unhappy.She said to me a while back she used to feel proud to work for them,but after being shunted from department to department felt all they cared for were massive profits,and didn't give a stuff for customer service or staff satisfaction.It was all about hitting targets for selling services and products.Modern banking I guess.I dont think her job's in one of the areas earmarked for losses,last time we spoke it wasn't. I got the impression she'did like to take voluntary redundancy and do something completely different.As my DH did when he was made redundant.Turned out to be the best thing for him in the long run.

Mamie Thu 28-Jul-16 19:35:45

Why on earth should it not be in French? Somebody is going to need translation whatever language it is in. Presumably the people doing the negotiation will be familiar with working in the EU (I certainly hope so!).
That Prospect article is scary though. I read somewhere that there are 100,000 pages of secondary legislation to unpick as well. That will take a while.

Jalima Thu 28-Jul-16 19:39:30

Why on earth should it be in French if the universal language of business is English?

Presumably the French man could get a translator paid by the taxpayer. It will all need translating into 28 languages anyway.

Jalima Thu 28-Jul-16 19:40:18

or it may only need translating in 24 languages.

durhamjen Thu 28-Jul-16 19:42:09

Banks have been closing branches since they caused the financial meltdown in 2008.
That has nothing to do with today's announcement that there are another 3000 staff to go, and 200 branches of Lloyds to close because of the uncertainty of Brexit.
I suppose that could be seen as positive, as in 2014 they made 9000 staff redundant, including one of my nephews, who now stacks shelves in Sainsbury's, and does not look on it as a positive move.
Why are you attacking me again? I'm not making lots of profit and still making people redundant. Believe it or not, I would actually like everybody to be in work.
Whether it is a fault of Brexit or not, he was using Brexit as a reason, or an excuse.

Mamie Thu 28-Jul-16 19:44:18

French is one of the founding languages of the EU, English was added later. French was also the historical language of diplomacy. The EU has a huge resource of highly-skilled translators. I have a friend who is one. She speaks seven languages and says the first three are the hardest. grin

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