Theresa May 3

I will remain totally surprised if Lloyd's of London will move in it's entirety from London and even more surprised if the name Lloyd's of London is to be ended.

I knew it had made a comment that it was going to open up a 'subsidiary' operation , it was spoken of last year prior to Davos obviously, and that could possibly mean a new name wherever that would be.

uk.businessinsider.com/lloyds-of-london-part-of-business-will-leave-london-2016-12

'The move has been heavily trailed, with CEO Inga Beale saying in an interview with the BBC in September that Brexit fallout "is a major issue for us to deal with" and that leaving the EU could make the group lose 4% in revenues so it is looking to set up a subsidiary or branches within the bloc to make sure it counteracts some of that hit.'

Last years buisiness within the European Economic Area accounted for £2.93 billion or 11% of Lloyd’s Gross Written Premium." It does not want to risk that 11% once Britain leaves the EU, so will now set up elsewhere.

I am certainly not dismissing the fact this is not bad news but I am of the opinion we must make sure of the facts.

I admit here and now I could be wrong so interesting to see what happens in the future.

daphnedil

I had written 1/2 a post and took a phone call before finishing my last post and on checking what I posted I then saw your post of 21.24.

Sorry.

DD said:

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.

No most of it will stay in London:

Lloyd's of London to announce new EU outpost in coming months

uk.reuters.com/article/uk-davos-meeting-lloyds-of-london-idUKKBN15119C

Well I think May has had an awful day. Backed into a corner over the Trident missile cover up. And her announcement of a new industrial strategy consigned to the footnotes of the news. I wonder what tomorrow will bring with the supreme court judgement due.

Things are never as spectacular as they first seem are they?

I could be surprised but think that the Supreme Court judgement will back up the first judgement.Still, stranger things have happened .

Meanwhile to counteract the doomsayers lets look at some of the many businesses opening in London:
www.propertyweek.com/offices/100612.subject

Well JessM, perhaps you will sleep well tonight happy in that knowledge, despite the risk of 'the Donald' giving you nightmares.

I think it's all part of a PM's day Jess none of them are drooping violets, they just get on with it.
I don't think that some Remainers want to play the crystal ball game Mair as they are happier thinking it will all go wrong.

I had thought it a bit extreme .....ALL of Lloyds of London going abroad, glad that isn't true.

Cameron didn't half drop TM in it, didn't he? HE knew about the missile test and the cover up.

Businesses opening in London are all very well, but what is happening in the rest of the country? Especially at the 'extremities, north, south, east and west, where jobs are more scarce and wages lower?

Any news of significant new businesses starting up in Barnsley, for example, one of the poorest towns in the Britain?

www.buzzfeed.com/emilydugan/this-is-what-its-like-to-live-in-the-lowest-paid-place-in-br?utm_term=.ey680QEvZ8#.dtjpMqY78p

I think I will continue with doomsaying if nothing happens to improve opportunities for people outside London and the Home Counties.

Cameron's managed to drop the whole of the UK in the s**t, thatbags. Why would he worry about his successor?

Maizie d

I read your link by 'buzzfeed' and then I looked up jobs in Barnsley.

jobsearch.direct.gov.uk/JobSearch/PowerSearch.aspx?tjt=All&where=Barnsley&rad=20&rad_units=miles&pp=25&sort=rv.dt.di&vw=b&re=4&setype=2&pg=3

There are other recruitment agencies showing vacancies also.

You say this :-

'Any news of significant new businesses starting up in Barnsley, for example, one of the poorest towns in the Britain? '

In the link by buzzfeed the local Barnsley MP Dan Jarvis said this:-

"It’s a good thing that a number of companies have invested here but we have to make sure that people aren’t taken advantage of. We have an obligation that, when people do create jobs, to make sure that people are not exploited.”

Not sure your link is that advisable as immigration is blamed by some in the link you provided for loss of employment and I don't think that was remotely an intention of yours.

Oh dear, POGS. You have obviously had no experience of using Universal Jobmatch. I have and loads of those jobs don't even exist or they're from agencies, all of whom advertise the same job. When I was unemployed, I had to apply for a minimum number of jobs (can't remember exactly how many), so I used to go on Universal Jobmatch and just send my CV off to all of them within one and half hours of where I live. I rarely had any acknowledgment of my applications (including the one to be a temporary Christmas elf) and wasn't offered any interviews.

Estio Healtcare Ltd, Clear links Support Ltd, Profile Search and Selection, etc etc are all employment agencies. Monster isn't even an agency. It re-advertises jobs from other agencies. Employment agencies use sites like Jobmatch to 'fish' for clients. At any one time, they are likely to have many more people on their books looking for work than actual jobs available.

Just been through the first 7 pages of jobs. Only about 130 are anywhere near Barnsley and hardly any are ads from actual companies.

Jess M

"And her announcement of a new industrial strategy consigned to the footnotes of the news."

You have said this on two threads and I will say that you have not watched much of the 24 hour news coverage today have you?

It has had plenty of coverage and interviews. For example Ian King, Sky News Economics presenter , interviewed Carolyne Fairbairn CBI . News night has just spoken of it with Greg Clark, Secretary of State for Business.

Greg Clark, Clive Lewis Labours Shadow Secretary State for Business has had plenty to say today, business representatives have been giving their opinion all day also. You just haven't watched them.

I am going off to bed now trying to imagine daphne as a Christmas elf

As you were

That's because it was a twenty mile radius.

At any one time, they are likely to have many more people on their books looking for work than actual jobs available.

Which is what happens when you permit employers to fish the entire EU for workers and import them to work for low pay while not making them bear the costs of housing, healthcare and education of their kids (and the rest!)

Are you suggesting that employers should pay additional tax for low paid workers Mair?

No I am suggesting we dont allow them to import low paid workers from other countries.

So what would you suggest if it turns out we do not have enough workers to fill the jobs they currently do or if these employers continue to pay, whoever they are employing, low wages. I appreciate we have to be careful about overtaxing business but we currently subsidise through the benefits system whoever is getting the low wages so I thought that what I thought you were saying might have legs.

I looked up Barnsley's immigration figures before I posted, Mair. At the last census immigrants comprised something like 1.7% of the population. Well below the national average.

I would suspect that the figure has risen a bit in the intervening 5 years but I doubt if it's by much.