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AnnieS
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AnnieS is offline
United Kingdom
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28-01-2017, 11:32 AM
11

Re: Barclays Bank moves

Originally Posted by Rainmaker ->
I don't think that opening a hub quite counts as a move. ☺

Yes reports indicate they are just considering expanding the Dublin office. It's amazing how news evolves.
swimfeeders
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28-01-2017, 11:57 AM
12

Re: Barclays Bank moves

Hi

Loads of banks will be moving staff, not the retail operations, but the commercial stuff.

Most of the banks are not UK owned and are are not household names either

They will have to move when we leave, May is going for a Hard Brexit.

Also setting up operations in the EU are insurers, LLoyds of London etc.

Services, not just Banking, are not covered by WTO Rules and what it means is that they will no longer be paying tax here in the UK, but in the EU.

London is the biggest centre for Euro trading, that cannot continue after Brexit, it would be like moving £ Sterling trading to Paris.

It is going to be a big hit in terms of taxation, how big we do not know.
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galty
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28-01-2017, 04:55 PM
13

Re: Barclays Bank moves

Originally Posted by Realist ->
All banks are crooks. They all make the public pay interest charges on money that does not exist. It is criminal. They should all be jailed.
??????

They charge interest when they give you a loan(Money)to buy something.
 
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