Will UK day rates go up or down? PREDICTIONS + reasons?

[KentDogWalker]

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[FatLazyContractor]

Wrong question.

Will there be any contracts left in the UK?

[KentDogWalker]

Wrong question.

Will there be any contracts left in the UK?

Can't see why not.

[FatLazyContractor]

Can't see why not.

Then you are a Brexiter

[KentDogWalker]

Then you are a Brexiter

I voted remain

[diseasex]

Can't see why not.

Sources within Morgan Stanley say it has already begun the process of moving about 2,000 of its London-based investment banking staff to Dublin or Frankfurt. And it has a taskforce in place.

The jobs which would be moved from the UK would be in euro clearing but also other investment banking functions and senior management.

The American investment bank needs to avail of the passporting system which allows banks to offer financial services in all countries in the EU without having to establish a permanent base in that member state.

The president of Morgan Stanley, Colm Kelleher, told Bloomberg two days ago that Brexit would be “the most consequential thing that we’ve ever seen since the war”.

[MrMarkyMark]

Old news. MS were planning on this anyway.

[dx4100]

I would imagine there is going to be more work within the civil service given the larger local government now required.

[MarkT]

I would imagine there is going to be more work within the civil service given the larger local government now required.

Agreed

Along with full PAYE, all the NI and no employment rights. Fill yer boots!

[diseasex]

No , we will have more fisheries . Visit your local port for details