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Posted By: Steve - SJD

Assets worth $1 trillion to shift from UK to EU due to Brexit
By Huw Jones
LONDON, Jan 7 (Reuters) – Assets worth nearly 800 billion pounds ($1 trillion)
are being moved from Britain to new financial hubs in the European Union
ahead of Brexit, consultancy EY said on Monday.
Britain, which is due to leave the bloc in March, has yet to approve a deal to
avoid an abrupt severing of ties with the EU. Although the British parliament is
due to vote on a proposed settlement on Tuesday week (15/01/2019), it is
unclear if it will be approved.... [ Read More ]
Cheers
Steve



Posted By: DAC

Most of what I've read about this "Flight of assets" is largely due to the cities fear of a Corbyn led government.

Posted By: Kwacka

  • DAC wrote:
    Most of what I've read about this "Flight of assets" is largely due to the cities fear of a Corbyn led government.

:lol:

Posted By: Woodrow Why?at

  • Kwacka wrote:
    • DAC wrote:
      Most of what I've read about this "Flight of assets" is largely due to the cities fear of a Corbyn led government.

    :lol:

Get the impression he doesn't read much! :lol:

Posted By: DAC

So predictable...

About 2,280,000 results
Search Results
Web results
Why the UK's uber-wealthy voters fear a Corbyn-led government ...
https://www.ft.com/content/85e0e610-a07c-11e8-b196-da9d6c239ca8
6 Oct 2018 - Why the UK's uber-wealthy voters fear a Corbyn-led government .... year at Labour in the City, an independent network of Labour-supporting ...
Fears rise among investment managers over potential Corbyn election ...
https://www.ft.com/content/5be59204-e63e-30ad-8e99-7b1ac4c4ad4f
27 Oct 2018 - Fears rise among investment managers over potential Corbyn election victory ... won few fans in the City of London, with many investment managers privately ... “Investors are very focused on the risks of a Corbyn government, ...
Money is already draining from Britain but because of Corbyn, not Brexit
https://www.spectator.co.uk › Features
1 Dec 2018 - 'Concerns about Corbyn have doubled over the past couple of weeks,' .... Paradoxically, some in the City believe a Corbyn government would ...
Chance of Jeremy Corbyn-led government sparks fears among ...
https://www.thesun.co.uk/news/.../fears-corbyn-government-15-billion-withdrawn-uk/
29 Nov 2018 - THE fear of a Jeremy Corbyn government has led investors to withdraw more than ... City leaders told the Spectator magazine that they fear the ...
Investors fear flight from UK stocks under Corbyn - Citywire
https://citywire.co.uk/funds-insider/news/investors-fear-flight...corbyn/a1106163
29 Mar 2018 - 'The Labour ideology then was so anti-City and it feels to me like some of the ... Fund managers fear a Corbyn-led Labour government agenda, ...
Are businesses more afraid of a Corbyn Government than Brexit ...
https://www.channel4.com/.../are-businesses-more-afraid-of-a-corbyn-government-tha...
27 Jul 2018 - Most business leaders assume life under a Corbyn-led government will be ... Mr McDonnell's “Supping with the Devil” charm tour of the City win ...
Corbynomics would change Britain—but not in the way most people ...
https://www.economist.com/.../corbynomics-would-change-britain-but-not-in-the-way...
17 May 2018 - But the prospect of a far-left government led by Mr Corbyn and Mr McDonnell ... They can spend without first collecting taxes and borrow without fear of default. .... taken effect in Nottingham, where Labour runs the city council.
The rich say they fear Labour. It's Brexit they should be worried about ...
https://www.theguardian.com/.../2018/oct/.../rich-fear-labour-brexit-corbyn-government
9 Oct 2018 - We're told a Corbyn government would cause the wealthy to flee Britain. ... great pains to calm these fears with frequent meetings soothing City ...
Corbyn becoming PM is 'worse threat to business than Brexit', says ...
https://www.theguardian.com/.../corbyn-becoming-pm-is-worse-threat-to-british-busines...
27 Nov 2017 - However, this may not be the case if we see a Labour government take ... “Even though the UK economic news flow hasn't been as bad as some feared, the UK ... David Davis seeks to reassure City on transfer of workers after ...
What Do Some Investors Fear More Than Brexit? Jeremy Corbyn - WSJ
https://www.wsj.com/.../what-do-some-investors-fear-more-than-brexit-jeremy-corbyn-1...
12 Dec 2018 - The probability of a Corbyn-led government taking the reins before the U.K. exits ... “A Jeremy Corbyn government is far worse than any Brexit or no Brexit,” said .... Building a Subway in One of the World's Most Crowded Cities.

Posted By: Kwacka

So very, very predictable.
Why so many dead links?
BTW, you are suggesting that a very few people (the 'uber wealthy', from one of your links that actually work) are more concerned about increased taxation and inheritance tax than about the effect of the UK leaving the EU.
BTW 2 - the number of actual number of returns from an internet search is no real measure of anything. e.g. a search for 'unicorns' returns About 379,000,000 results
BTW 3 - what do you think of my sig?


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