To say that Brexit....

[MiaMarshmallows]

Will provide lots of employment and other opportunities for the UK?

Go on then, I'll bite.

How?

@larrythelizard

Go on then, I'll bite.

How?

1500 EU based finance companies have now registered thier HQ in the UK 1000 of them did not have a UK physical presence before.

So thats 1000 new offices hiring.

www.bbc.com/news/business-56155531

I'm sure this was meant to be happening the other way round....

@MiaMarshmallows

Will provide lots of employment and other opportunities for the UK?

Yes, yes OP! I’m sure it will give generously with one hand whilst snatching far far more away with the other!

@Sapho47
That's awesome news. What with that and the vaccine and zero food running out.

How does this offset the financial institutions that are moving their HQ out of the Uk - eg Goldman Sachs

www.google.co.uk/amp/s/www.bloomberg.com/amp/news/articles/2021-01-15/brexit-is-driving-top-dealmakers-out-of-london-and-into-the-eu

The impact on smaller companies is pretty frightening too:

www.google.co.uk/amp/s/amp.theguardian.com/commentisfree/2021/feb/15/covid-damaged-small-businesses-brexit-uk-eu-trading

www.google.co.uk/amp/s/www.nytimes.com/2021/01/09/business/Brexit-British-economy.amp.html

I dunno. Ask the fishermen.

Ask plant suppliers and garden seed companies.

It is mighty disingenuous to suggest that London, hitherto the largest financial market in the world once insurance services are included will not suffer a NET longer term contraction as a result of Brexit. That will be felt not just in the south-east but all around the country.

Hmmm... still think we’ll lose more than we gain 🤷‍♀️

Well I am very optimistic about it all.

Lol, I could have guessed the responses!! Negative, negative, negative!! Never 'oh yes, this could be a good thing about brexit' but rather 'I'll just ignore that and spout some unrelated negative stuff'

Well 50,000 extra customs clerks are needed, according to that nice Mr. Gove. So that's a start.

Brexit is going to be an utter shit show but I think between that at Covid the general populace is just too worn down with it all. The tories will most likely win at the next election despite everything. I really am past caring tbh.

'I'll just ignore that and spout some unrelated negative stuff'

Unrelated? So any comment other than ‘ooh yes, isn’t it all brilliant!’ Is ‘unrelated’?
Ok then!

@MiaMarshmallows

Well I am very optimistic about it all.

Hope for the best, plan for the worst.

I'm optimistic generally too. But realistic. It will be, on balance, worse. Hopefully not as badly worse as it could be. And who knows, my child might get a Scottish EU passport someday.

@arethereanyleftatall

Lol, I could have guessed the responses!! Negative, negative, negative!! Never 'oh yes, this could be a good thing about brexit' but rather 'I'll just ignore that and spout some unrelated negative stuff'

There will be some sectors that will do very well. But picking the financial services markets and suggesting Brexit will be positive is rubbish. Those European firms now NEED to have a presence in the UK but these will be branches with average low levels of employment. Dublin, Luxembourg and Frankfurt will have net gains. London will have net losses in the financial services sector.

It would have been more useful to find examples of other sectors that may do better.

Do you really think that 1000 companies have suddenly "discovered" London as a financial center? Not very likely considering London is one of the top three financial centres in the world.
As NoMackerelinSwindon says, these companies will be establishing a base for regulatory purposes, because they were previously able to use offices abroad, but now have to at least have an address in the UK. The number of new jobs generated by this is negligible. The people are most likely already there in London, or in other locations and not moving to London.
There is a good analysis of the financial industry on the can website. edition.cnn.com/2021/02/25/investing/brexit-london-financial-services/index.html.

Shall I ask my colleagues who were made redundant last March as a result of Brexit, alongside myself, and have been unable to find a new job?

Brexit means brexit!!!!

doris

You are are on the wrong site op for a discussion on the possible positives from Brexit

But you already know that ....

I love MN absolute hatred of Brexit, in times of trouble it’s comforting to have fluffy predictability, but that’s it!

It was a matter of days after Brexit the EU showed it’s true colours all the terrible institutions, like any changes there will be winners and losers. At the moment the vaccinated are the winners

Cool, how?

Also, when?

@Ellpellwood

Shall I ask my colleagues who were made redundant last March as a result of Brexit, alongside myself, and have been unable to find a new job?

Was it just Brexit or did the onset of a pandemic have anything to do with it? And maybe worth asking all the British plumbers, electricians, removal men, hospitality workers, builders, admin workers, factory employees and childcare assistants who lost out to cheaper EU workers. (They of course are just "lazy" and "greedy" - whereas people who lost out after Brexit are hard done by.)

As pps said - there'll be winners and losers and we have to accept that. It'll be a question of adapting as best we can. It would be nice to think that we can empathise a bit with those who are badly affected and work together to make the best of this. (I also lost my job in March - and it's been more than tough.)

I can’t do my job in Europe now. (Obvs Covid isn’t helping) but it’s because of Brexit that I can’t do it.