Quote:
Originally Posted by microscope
Immigration numbers will change but sadly it is not Nigel Farage who will be calling the shots and I can estimate already that the Conservatives will let a lot more in than he would do, but however many more they bring in than the UKIP's would, it will still be a lot less than it would be if we had stayed in the EU. Also Albania, Macedonia, Montenegro, Serbia and Turkey which the UK government were and are paying over £1.8 Billion just to encourage at least '2' of those countries to join the EU, would eventually find hundreds of thousands, or perhaps more of those people from all those countries coming to live in the UK, but not anymore and that will be the same answer to all the other European countries as long as this government says NO to them.
I know that if companies move away like HSBC are threatening to do then it does affect the economy in the short term, but if they are too weak to stay (or for that fact) ANY other business, then UK citizens can quite easily close their bank accounts at the banks that move elsewhere and simply move their money to banks who choose to stay over here. The same can be said with other businesses. People have to learn how to widen their scope and open their eyes and when one door closes then open another. I would absolutely love it if every single person in the UK closed their HSBC account lol. It's a pity people don't stick together. You can move mountains with enough people power, but their are simply too many sheep out there.
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Didn't you read the article, it's nothing to do with the banks being weak it's the loss of "passporting"
If the UK was not in the single market or the European Economic Area (EEA), it would mean the loss of "passporting", which allows banks to operate without restriction in all EEA countries.
The EEA comprises the 28 members of the EU, plus Iceland, Liechtenstein and Norway. EEA rules allow those non-EU countries to be part of the EU's single market, as long as they allow full freedom of movement of people.