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Theresa May 3

(1001 Posts)
MaizieD Mon 31-Oct-16 11:17:50

Very interesting article about T May. Forgive me if it's been posted before.

I think that the author is proposing that the Murdoch media have been superseded by the Daily Mail in setting the agenda for 'British' and that Theresa May is a product and perpetrator of its agenda.

www.opendemocracy.net/uk/anthony-barnett/daily-mail-takes-power-0

The Daily Mail takes power
Anthony Barnett 5 October 2016

After 25 years in politics Theresa May has no obvious connections to any think tank. She shows no interest in ideas. Asked by Conservative Home in a Quick Quiz session to choose between Burke’s “Reflections on the Revolution in France” or Louise Bagshawe’s “Desire”, she replied, “I wouldn’t read either of them, sorry.” The prime minister who faces arguably the Kingdom’s deepest constitutional predicament since George III was driven from the Cabinet by the loss of the American colonies dismissed out of hand the idea that she might ever turn to the pages of Burke, even though as a student she had chaired a society named after him.

As the country faces an unprecedented concatenation of economic, strategic, diplomatic and constitutional uncertainty, the woman at the helm seems devoid of intellectual resources. The one decision she has definitely taken is to give the go ahead to Hinkley Point C nuclear power station, a boondoggle incapable of justification by any criteria of integrity. The Pharaohs built their own pyramids, Theodoric built his own mausoleum. But these were designed as monuments to generate the admiration of posterity. Surely only an idiot would make their first decision the go-ahead for a colossal radioactive tombstone to her regime.

But Theresa May should not be dismissed as an idiot. There is a striking and potentially formidable coherence to the general direction she has set for her new government, evidenced by the self-confidence of her ministers who remarkably quickly are singing from the same song-sheet. She does seem to have a clear ideology refreshingly different from her predecessors. Where has it come from?

The answer is The Daily Mail. On Sunday in her first speech to her party as its leader, she set out her view of Brexit and announced that she intends to trigger Article 50 to start the UK’s withdrawal from the EU before March. This was a moment of upmost gravity, to recognise and measure the immense divisions that have been opened up within the country, and consider the implications for the entire continent that Britain once helped liberate from fascism. Instead, her tone, brevity and apparent practicality were drawn as if directly from a Daily Mail editorial.

Intelligent comments section, too.

Mair Mon 23-Jan-17 18:45:29

Thanks Maizie!

whitewave Mon 23-Jan-17 18:46:40

Nope - pointless and a game.

Mair Mon 23-Jan-17 18:53:58

No more 'pointless' than Welshwifes original question to Brexiters though.
But yes it is a game. No harm in having fun is there?

Perhaps Welsh herself will be along by the by, and pick it up.

whitewave Mon 23-Jan-17 18:56:17

Blimey if that is your idea of fun. Strewth!!

Mair Mon 23-Jan-17 18:59:25

You obviously find it fun posting here yourself WW, or why do you do it?

POGS Mon 23-Jan-17 19:05:02

Welsh wife. 11.34

"Today it is reported that Lloyds have decided to move out of London."

Can't find 'current' information to follow your post. Will you provide more info please.

I am assuming you have heard/read this is happening 'today'. Your post implies Lloyd's have decided to move out of London in it's entirety.

Is that Lloyd's of London or Lloyds Bank?

In it's entirety, or part of the structure.?

Welshwife Mon 23-Jan-17 19:06:44

Been away doing other more interesting things!
If I thought it would get better I would change my mind even if it meant I had to return to UK to live. However as yet I have not seen any forecast suggesting that might be the case - nothing at all.

whitewave Mon 23-Jan-17 19:06:58

Lloyds Insurance

petra Mon 23-Jan-17 19:14:04

POGS Its Lloyds of London. They aren't 'moving' they will be setting up a subsidiary in either Malter or Dublin.
I bet no ones rushing to put their name forward for Malter wink

Welshwife Mon 23-Jan-17 19:22:16

The report I read this morning said it would no longer be 'Lloyds of London' it was a very early report as it did not say where it was moving too -

Welshwife Mon 23-Jan-17 19:37:54

Mind you I would never stop loving the Continent and the people - who are generally so very kind.
What makes you say about needing to speak the language Mair ? It is a condition of becoming a French citizen - although not over a certain age - other than that there is no demand that you do so. However life is easier and more interesting if you can speak a bit.
It is UK that is trying to make language a condition of immigration.

POGS Mon 23-Jan-17 19:45:53

WW

"The report I read this morning said it would no longer be 'Lloyds of London' it was a very early report as it did not say where it was moving too -"

So what will it be called?

Genuinely interested but I cannot find 'current' information.

Can you tell us what report you were reading this morning?

durhamjen Mon 23-Jan-17 19:54:44

'British companies are considering their options on how to keep clients in Europe after May stated the case for a so-called hard Brexit, with many making plans to move at least some operations to cities such as Paris, Dublin and Frankfurt. JPMorgan Chase & Co., HSBC Holdings Plc, Lloyds Banking Group Plc and UBS Group AG have said they’ll relocate jobs from London.

Beale said she expects to lose passporting rights and licensing that allows Lloyd’s of London to do business with European companies. Lloyd’s, founded in a London coffee house more than 300 years ago, expects to choose a city for the new headquarters in the first quarter and approvals could take 12 to 18 months, she estimated. Malta was considered and ruled out because it wouldn’t be able to handle the company’s global business, she said.'

MaizieD Mon 23-Jan-17 19:58:51

Three day old report, so may be out of date but it says that they have ruled out Malta for the location of a subsidiary.

Of course, Malter might still be in the running...

www.independent.co.uk/news/business/news/brexit-latest-news-lloyds-of-london-set-up-eu-subsidiary-ceo-inga-beale-location-europe-a7536581.html

Jalima Mon 23-Jan-17 20:00:29

www.theguardian.com/business/2016/sep/22/brexit-vote-imajor-lloyds-insurance-markets-profits-rise
This is an old report that says Lloyds will be opening another office in Europe.

Here is says they will move the HQ
www.irishtimes.com/business/financial-services/lloyd-s-of-london-pushes-ahead-with-plans-to-move-eu-headquarters-1.2944668

They are struggling at the present time, profits falling.

POGS Mon 23-Jan-17 20:00:58

So is it not they are considering moving to another country and starting a European Arm with it's own HQ ?

Is the Lloyd's of London name no longer going to be used?

Jalima Mon 23-Jan-17 20:02:02

Lloyds of Valletta?

Are they expecting to take their expert staff with them? Surely that will be up to the terms of Brexit?

Welshwife Mon 23-Jan-17 20:08:32

Thank you DJ.

Also thinking about Mair's question to me about a second referendum - as well as the the positive points she suggests - I would need assurance that Human Rights and working conditions etc would still be in place - loss of any of those things would prevent me voting to leave even for the things she talks about. Took years to have many of the improvements the EU put in place. Also if we do go down the route of trade with USA we will need to carefully check any safety regulations which could be ditched for food, toy safety etc. The EU does have some of the highest safety regulations in the world and it has been suggested by some of the Brexit leaders that many regulations could be 'relaxed'.

durhamjen Mon 23-Jan-17 20:35:35

May also threatened the EU with turning the UK into a tax haven.
A campaign has been started by Actionaid to get her to stick to her promise of tackling tax havens, not joining them.

www.actionaid.org.uk/campaign/campaign-to-make-tax-fair/time-to-tackle-tax-havens

durhamjen Mon 23-Jan-17 20:40:19

The three day old reports were from speeches at Davos. Unlikely that they will change their minds after announcing it there.

daphnedill Mon 23-Jan-17 20:59:03

No, POGS. Lloyds Banking Group announced a couple of months ago that it was moving some jobs from London and Lloyd's of London announced at Davos that it's moving its HQ from London. The reason given in the article you've linked is related to Brexit and leaving the single market, because passporting rights will be affected. The last paragraph of the article doesn't relate to the the reason for the move. It's related to an expected increase in insurance (she hopes) because bond yields are falling.

daphnedill Mon 23-Jan-17 21:02:53

I imagine they are expecting to take some of their staff with them. HSBC certainly is, when it relocates to Paris. I was listening to a radio programme about it. They will be the highest paid staff (the ones earning big bonuses) and the person being interviewed said that the loss of income tax alone will be quite significant, even before calculating the loss to GDP and the balance of payments deficit.

POGS Mon 23-Jan-17 21:05:14

daphnedil

'The reason given in the article you've linked is related to Brexit and leaving the single market, because passporting rights will be affected.'

What link I've posted?

'Lloyd's of London announced at Davos that it's moving its HQ from London."

So you too believe it be the entire HQ from London to another country?

daphnedill Mon 23-Jan-17 21:10:56

It looks like it, from the article.

Sorry, it was Jalima's link from the Irish Times, not yours.

daphnedill Mon 23-Jan-17 21:24:27

OK! I take that back. Lloyd's has confirmed that it's setting up a new HQ for European business outside London. It looks as though part of the business will stay in London. Apparently, European business is worth £1 billion, so it's still going to be a significant loss to London.

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