Jobs Exporting

[rich47]

Is Lloyds of London's transfer of jobs to Brussels because of BREXIT just the first of many?

[Samjenko]

I̶n̶d̶u̶p̶ I̶n̶d̶u̶b̶a̶t̶a̶l̶ yeah, probably.

[ToraToraTora]

They are simply opening a Brussels branch, nice try project fear mark II, you lost get over it, move on.

[Old_Geezer]

Jobs get created all over the world all the time. Cherry picking news that suits your preconceived notions allows you to imply whatever you want. I'm sure somewhere there will be lists of recent foreign companies increasing their involvement in the UK.

[Togo]

Lloyd's CEO Inga Beale pointed out that "it was just a subsidiary, with only around 60 staff including employees already working in Germany and Italy"..............Turned into a prominent announcement by the BBC (who else) and eagerly seized on by the Remoaners and the gullible.

[max137]

I agree with Togo something for the Biased Broadcasting Corporation
to seize on.

[youngmafbog]

As TTT says.

Next....

[RandyMarsh]

it is because of brexit thou, they can no longer passport insurance services and as such need a base in Europe.

Why are you all so touchy about this!.

[emmie]

the BBC was rubbing its hands with glee over this story..
when doesn't it?
if they did go, London will survive, its too important to the world economy.

[RandyMarsh]

http://www.bbc.co.uk/news/business-39441035

Here is a link to the very normal BBC story where there is no hand rubbing or glee.

[youngmafbog]

No one is touchy about what LLoyds are doing, perfect business sense (and even with the EU most financial institutions had bases on the continent - Lux and FRF are particularly touchy about records on 'foreign' soil)

What gets most peoples goat is the way the news is being interpreted by some, especially those publicly funded.

[ToraToraTora]

Randy, nowt to do with Brexit, LLoyds was founded in 1688 and existed for almost 300 years before the common market/EEC/EC/EU so why is it relevant now?