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Old 09-11-2014, 11:00 AM   #1
gonzo

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Originally Posted by roamer View Post
Both RBS & Lloyds have stated they will relocate to England in the event of a Yes vote.

Unfortunately whatever the outcome, a lot of damage has been done


http://www.bloomberg.com/news/2014-0...t-turmoil.html
Yeah, LBG were being cagey about it until it got out in the press the other week but internally it's been widely known since they announced the referendum. For all the claims about 'waiting until the people of Scotland decide' they're ready to start pulling out pretty much straight away. Keep a head office in Edinburgh that'll be treated as a foreign division like the offices in Australia but everything else that can be moved south will be within the first 12 months.
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Old 09-11-2014, 04:50 PM   #2
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My understanding was that in the event of a yes vote things would be done gradually in stages and would not be completed until some time in march 2016!
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Old 09-12-2014, 11:30 AM   #3
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That's the plan Phil but the reality might be a little bit different.

Flight of capital being the big one. Savers will pull their cash out by the barrel load. No one wants a Cyprus scenario where you can't move cash.

There will be havoc if there is a Yes vote.
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Old 09-12-2014, 10:38 PM   #4
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I thought that when the 3 Stooges went to Scotland this week that would be enough to swing the vote to a YES. Maybe that was their intention?

Unbelievable the shite, or ignorance, some of the SNP spout on TV. On RBS relocating to England some idiot stated that it was nothing more than moving a brass name plate to another location. Scottish jobs would not be affected.

Except that RBS would be governed by the Bank of England not by whatever Scotland comes up with as a Central Bank which is unlikely to be of any significance.

Scottish pound devalued by 75%? Or could Scotland join the Euro? Why? Germany already has enough fledgling (basket) case economies to support.

Oil/Gas? As far as I am aware there are no natural oil/gas resources on mainland Scotland. Offshore on UK territorial waters there is. But Scotland could leave the UK therefore the rights to the oil/gas resources will be open to legal interpretation. Should take around 20 years of High Court cases, billions in legal fees. In the meanwhile BP ramp production and eventually its decided that the oil/gas fields are in Scotlands territorial waters. Except theres fuck all left.

Its plainly nationalistic Micro Economics flag waving bullshit versus Macro Economics where there is no sustainable economy or banking system.

Last edited by Frankie : 09-12-2014 at 10:40 PM.
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Old 09-12-2014, 11:02 PM   #5
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Even Nessy has decided to get oot noo to England while the goings good

http://metro.co.uk/2014/09/11/loch-n...gland-4865645/
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Old 09-13-2014, 06:33 AM   #6
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Fuck this minor issue Gaz. The Pattaya police are closing the Wat Chai market. Where will the Go-go girls and insomnia Chicks eat now. This is inhuman they will starve to death if they have to go to Naklua to eat.
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Old 09-13-2014, 08:51 AM   #7
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The SNP's spin is that the Tories big business chums have come out against independence, just scare mongering, will be alright on the night.

Aye right... the banks, supermarkets, mobile phone companies, oil industry are all part of a conspiracy against Adolf Salomond. Which bring us to this rant from Jim Sillars that sounds like something Robert Mugabe would come out with....


http://www.bbc.co.uk/news/uk-scotlan...itics-29181989

A former deputy leader of the SNP has warned "scaremongering" business leaders they face a "day of reckoning" if Scotland votes for independence.

Jim Sillars accused some of "subverting Scotland's democratic process" and called for oil firm BP to be nationalised after independence.

A number of banks and retail figures have made high-profile interventions in recent days.

The pro-UK campaign claimed the 'Yes' campaign's "mask had slipped".

Mr Sillars appeared beside Scottish First Minister Alex Salmond and his deputy Nicola Sturgeon at a pro-independence event earlier this week.

The two men are said to have fallen out 20 years ago, with Mr Sillars recently describing Mr Salmond's plans for a currency union after independence as "stupidity on stilts".

'Lies and distortions'
Speaking on the campaign trail in Edinburgh's Wester Hailes area from his Margo Mobile, named in memory of his late wife, Margo MacDonald MSP, Mr Sillars said oil giant BP would face nationalisation in an independent Scotland.

He said: "This referendum is about power, and when we get a 'Yes' majority we will use that power for a day of reckoning with BP and the banks.

"The heads of these companies are rich men, in cahoots with a rich English Tory Prime Minister, to keep Scotland's poor poorer through lies and distortions. The power they have now to subvert our democracy will come to an end with a 'Yes'.

"BP, in an independent Scotland, will need to learn the meaning of nationalisation, in part or in whole, as it has in other countries who have not been as soft as we have been forced to be.

"As for the bankers: your casino days, rescued by socialisation of your liabilities while you waltz off with the profits, will be over."

Mr Sillars added: "What kind of people do these companies think we are? They will find out."

'Fear and intimidation'
His comments were seized on as "threats" by campaigners for a "No" vote.

Speaking on behalf of the Better Together campaign, Labour MP Ian Davidson said: "The 'Yes' campaign's mask slipped today as Jim Sillars revealed their message for the final week of this campaign - vote 'Yes' or else.

"His words are a clear threat to anyone who points out the true costs of separation to the people of Scotland.

"The 'Yes' campaign has been a campaign of fear and intimidation from the start. Many people have been silenced. Now those who put their head above the parapet get pot shots from desperate nationalists."

Mr Davidson added: "We have seen the 'Yes' campaign's thugs on the street - now we see their thugs with microphones and press releases.

"Sillars stood shoulder to shoulder with Alex Salmond this week claiming to be positive. Now we see the real face of nationalism in all its ugliness."

A spokesman for the pro-independence Yes Scotland campaign said: "Jim is a passionate campaigner who is carrying on the work of his late wife Margo MacDonald, who dedicated her political life to achieving an independent Scotland and a fairer society.

"The current Scottish government's proposals for an independent Scotland are set out in great detail in the White Paper - including the job-creating powers Scotland so badly needs - and that is what people are voting for.

"In each and every election to an independent parliament, parties and individuals can put forward a manifesto of their choosing and the people will decide."
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Old 09-13-2014, 07:15 PM   #8
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This referendum is about power, and when we get a 'Yes' majority we will use that power for a day of reckoning with BP and the banks.
I thought BP's Head Office was in London. How could an Independant Scottish Government nationalise a Company that would not have to comply with any laws they introduce.

As for the Banks. Do they not mean "Bank" as in Clydesdale? Perhaps the Clydesdale will remain in Scotland. I cant see any other Banks being located there.

I cant believe anyone would be taken in by this bullshit. Threaten Companies/Banks now and they have until 2016 to pull out of Scotland.

The stockmarket has already got the jitters. A Yes Vote next week will create uncertainty, a thing the markets despise, and it will start a massive sell-off of all things Scotland linked.

On a brighter note Weatherspoons CEO was optimistic, on BBC Breakfast, if there is a Yes Vote. So there will still be somewhere to go and get pissed.
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Old 09-13-2014, 07:53 PM   #9
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I thought BP's Head Office was in London. How could an Independant Scottish Government nationalise a Company that would not have to comply with any laws they introduce.
The thing is Frankie, these Yes people are so stupid, they think they are going to rule the world, not just Scotland. Thank goodness a No vote will win next week. I feel sorry for the majority of Scots who must be highly embarrassed to have these Yes idiots as fellow countrymen.
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Old 09-13-2014, 08:13 PM   #10
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The thing is Frankie, these Yes people are so stupid, they think they are going to rule the world, not just Scotland. Thank goodness a No vote will win next week. I feel sorry for the majority of Scots who must be highly embarrassed to have these Yes idiots as fellow countrymen.
I know a few people who live in Scotland, some born there others are working there long term.

They will all vote NO as they cant see how an Independant Scotland can be economically viable. Plus the cost of funding this half baked idea would fall on them, the Taxpayers. But these type of people have to keep a low profile as a lot of the YES voters are intimidating. I think this Silent Majority will have their say next week and the whole idea can be put to bed.

I wonder how much all this bollocks has cost and who is going to fund it? Rhetorical question of course.
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