Dan Steele Posted August 10, 2019 Share Posted August 10, 2019 12 minutes ago, Malky3 said: Would an Independent Scotland be one of the financial centres in the world? The financial sector in London was worth £408 Bn to the UK economy in 2016. Theres loads of other examples whether you want to talk about manufacturing, construction or the service sector. Indeed the UK economy on the whole was so diverse that when the price of oil collapsed it was seen as a positive for the UK economy. What, an independent Scotland wouldn't have a manufacturing, construction or service sector in its economy? We already have these sectors- I asked for examples of economic activity the UK has that Scotland doesn't. Why wouldn't/couldn't Edinburgh be a top financial centre? In fact it would probably have been expanding at a great rate if Scotland was already independent as the sector would have gladly accepted the companies leaving London before Brexit has even happened. It would also have saved companies thousands relocating staff to Frankfurt, Amsterdam and Milan, all of who would now be generating money and spending it here. 1 Quote Link to comment Share on other sites More sharing options...
ArabianKnight Posted August 10, 2019 Share Posted August 10, 2019 1 hour ago, Malky3 said: Ok great. So the SNP policy on currency is sterlingisation. How would that equate with greater fiscal control? Missing the point entirely there. That's SNP policy. In an independent Scotland the electorate could vote in a party whose policies didn't include that particular. That's greater opportunity of fiscal control and democratic accountability. As it stands now voters in Scotland get the policies and governments on the whole that England votes for. 0 Quote Link to comment Share on other sites More sharing options...
BawWatchin Posted August 10, 2019 Share Posted August 10, 2019 Malky3 does NOT live in Scotand. Quit feeding the WUM ffs. 3 Quote Link to comment Share on other sites More sharing options...
topcat(The most tip top) Posted August 10, 2019 Share Posted August 10, 2019 It's hardly a passionate interest for someone who was raised as a Catholic to know who the Bishops and Archbishops are/were.I wasn’t raised as a Catholic but I do like pub quizzes so I knew that tio 0 Quote Link to comment Share on other sites More sharing options...
D Angelo Barksdale Posted August 10, 2019 Share Posted August 10, 2019 Edinburgh would comfortably be in the top 6-8 financial centres in the EU if we suddenly became independent tomorrow. Too wee, too poor and too stupid though. 0 Quote Link to comment Share on other sites More sharing options...
Mark Connolly Posted August 10, 2019 Share Posted August 10, 2019 22 minutes ago, topcat(The most tip top) said: I wasn’t raised as a Catholic but I do like pub quizzes so I knew that tio I'm glad you've taken such a passionate interest in it. 0 Quote Link to comment Share on other sites More sharing options...
topcat(The most tip top) Posted August 10, 2019 Share Posted August 10, 2019 Would an Independent Scotland be one of the financial centres in the world? The financial sector in London was worth £408 Bn to the UK economy in 2016. Theres loads of other examples whether you want to talk about manufacturing, construction or the service sector. Indeed the UK economy on the whole was so diverse that when the price of oil collapsed it was seen as a positive for the UK economy. I fact checked this And the £408 Billion appears to be the total for London’s entire economy as opposed to just the financial sector. It should be noted that this is a 2016 figure so won’t show the post Brexit referendum damage https://researchbriefings.files.parliament.uk/documents/SN05795/SN05795.pdf In per capita terms The South East of England was a distant second with Scotland close behind in 3rd and Eastern England in 4th London’s economy inflates the UK average so much that Scotland is generally about 5% short of the average, which sounds less damning when you consider that most of England is between 15% and 25% below average. But it’s worth noting that there are massive variations within these large areas At the next level down Scotland has one area in the top 10 and one in the bottom 10 0 Quote Link to comment Share on other sites More sharing options...
Baxter Parp Posted August 10, 2019 Share Posted August 10, 2019 Ok great. So the SNP policy on currency is sterlingisation. How would that equate with greater fiscal control? Mask back on. 0 Quote Link to comment Share on other sites More sharing options...
AUFC90 Posted August 10, 2019 Share Posted August 10, 2019 Being the 3rd richest area the UK means,in unionist eyes, that we are being subsidised. Never mind the fact that Scotland has subsidised every shite hole from Sunderland to Burnely for decades. 0 Quote Link to comment Share on other sites More sharing options...
Malky3 Posted August 10, 2019 Share Posted August 10, 2019 2 hours ago, The Skelpit Lug said: What, an independent Scotland wouldn't have a manufacturing, construction or service sector in its economy? We already have these sectors- I asked for examples of economic activity the UK has that Scotland doesn't. Why wouldn't/couldn't Edinburgh be a top financial centre? In fact it would probably have been expanding at a great rate if Scotland was already independent as the sector would have gladly accepted the companies leaving London before Brexit has even happened. It would also have saved companies thousands relocating staff to Frankfurt, Amsterdam and Milan, all of who would now be generating money and spending it here. Don't be ridiculous. Edinburgh would never be a financial centre in the way that London is. I've seen unrealistic goals before but that is one of the biggest! Even the SNP haven't punted that as a goal. 1 hour ago, ArabianKnight said: Missing the point entirely there. That's SNP policy. In an independent Scotland the electorate could vote in a party whose policies didn't include that particular. That's greater opportunity of fiscal control and democratic accountability. As it stands now voters in Scotland get the policies and governments on the whole that England votes for. So what currency would you use in the event of Independence? Do you think the Scottish Labour Party or the Scottish Conservatives would do anything different to sterlingisation? The Greens say they would support Scotland having it's own currency but the same party want to stop extracting oil from the North Sea! 1 hour ago, BawWatchin said: Malky3 does NOT live in Scotand. Quit feeding the WUM ffs. Yes I do 1 hour ago, topcat(The most tip top) said: I fact checked this And the £408 Billion appears to be the total for London’s entire economy as opposed to just the financial sector. It should be noted that this is a 2016 figure so won’t show the post Brexit referendum damage https://researchbriefings.files.parliament.uk/documents/SN05795/SN05795.pdf In per capita terms The South East of England was a distant second with Scotland close behind in 3rd and Eastern England in 4th London’s economy inflates the UK average so much that Scotland is generally about 5% short of the average, which sounds less damning when you consider that most of England is between 15% and 25% below average. But it’s worth noting that there are massive variations within these large areas At the next level down Scotland has one area in the top 10 and one in the bottom 10 Thank you for proving the point. 1 hour ago, AUFC90 said: Being the 3rd richest area the UK means,in unionist eyes, that we are being subsidised. Never mind the fact that Scotland has subsidised every shite hole from Sunderland to Burnely for decades. As topcat has helpfully provided proof of, Sunderland and Burnley have subsidised the shithole that is East and North Ayrshire for many years. 0 Quote Link to comment Share on other sites More sharing options...
Dan Steele Posted August 10, 2019 Share Posted August 10, 2019 9 minutes ago, Malky3 said: Don't be ridiculous. Edinburgh would never be a financial centre in the way that London is Why's that? 0 Quote Link to comment Share on other sites More sharing options...
Malky3 Posted August 10, 2019 Share Posted August 10, 2019 1 minute ago, The Skelpit Lug said: Why's that? You need to ask why Edinburgh will never be as big a financial centre as the City of London? I know there is a drug problem in Scotland but I didn't think the delusions had quite grown to that extent. Even the outgoing RBS chief has said that if Scotland was to become Independent the SNP would want RBS to move to London because the bank is TOO BIG for Scotlands economy. -1 Quote Link to comment Share on other sites More sharing options...
Dan Steele Posted August 10, 2019 Share Posted August 10, 2019 Too big to be bailed out. Anyway for someone who a few pages back said it was a "shame to see such poor standards of political discourse" this outburst to my, I thought, reasonable questions proves you are not worth anymore interaction. Ya walloper. 3 Quote Link to comment Share on other sites More sharing options...
Malky3 Posted August 10, 2019 Share Posted August 10, 2019 Just now, The Skelpit Lug said: Too big to be bailed out. Anyway for someone who a few pages back said it was a "shame to see such poor standards of political discourse" this outburst to my, I thought, reasonable questions proves you are not worth anymore interaction. Ya walloper. Yes too big to be bailed out - rather obviously. As they would have been in 2008 had we been Independent back then too when the shit really hit the fan with two Scottish banks. Those of us old enough to know our history will also remember that Edinburgh wasn't even the biggest financial centre in Scotland. 0 Quote Link to comment Share on other sites More sharing options...
BawWatchin Posted August 10, 2019 Share Posted August 10, 2019 11 minutes ago, Malky3 said: Yes too big to be bailed out - rather obviously. As they would have been in 2008 had we been Independent back then too when the shit really hit the fan with two Scottish banks. Those of us old enough to know our history will also remember that Edinburgh wasn't even the biggest financial centre in Scotland. What shit hit the Scottish banks m8? IIRC the Scottish banks simply recieved a share of the £500bn UK bank bailout package though the barnett formula. 0 Quote Link to comment Share on other sites More sharing options...
Baxter Parp Posted August 10, 2019 Share Posted August 10, 2019 You need to ask why Edinburgh will never be as big a financial centre as the City of London? I know there is a drug problem in Scotland but I didn't think the delusions had quite grown to that extent. Even the outgoing RBS chief has said that if Scotland was to become Independent the SNP would want RBS to move to London because the bank is TOO BIG for Scotlands economy. Edinburgh is already the fourth largest financial centre in Europe, you ignorant twat. 7 Quote Link to comment Share on other sites More sharing options...
Malky3 Posted August 12, 2019 Share Posted August 12, 2019 On 10/08/2019 at 14:57, Baxter Parp said: On 10/08/2019 at 13:52, Malky3 said: You need to ask why Edinburgh will never be as big a financial centre as the City of London? I know there is a drug problem in Scotland but I didn't think the delusions had quite grown to that extent. Even the outgoing RBS chief has said that if Scotland was to become Independent the SNP would want RBS to move to London because the bank is TOO BIG for Scotlands economy. Edinburgh is already the fourth largest financial centre in Europe, you ignorant twat. Shite! Luxemburg London Geneva Frankfurt Paris Zurich Amsterdam Dublin Monaco Munich Hamburg FFS even tiny Jersey is more highly ranked than Edinburgh. You are ignorant , delusional and damned stupid. I pity you 0 Quote Link to comment Share on other sites More sharing options...
Ludo*1 Posted August 12, 2019 Share Posted August 12, 2019 8 minutes ago, Malky3 said: Shite! Amsterdam Dublin Munich Hamburg FFS even tiny Jersey is more highly ranked than Edinburgh. You are ignorant , delusional and damned stupid. I pity you Shite. 0 Quote Link to comment Share on other sites More sharing options...
Baxter Parp Posted August 12, 2019 Share Posted August 12, 2019 Shite! Luxemburg London Geneva Frankfurt Paris Zurich Amsterdam Dublin Monaco Munich Hamburg FFS even tiny Jersey is more highly ranked than Edinburgh. You are ignorant , delusional and damned stupid. I pity youhttps://en.m.wikipedia.org/wiki/Economy_of_EdinburghEdinburgh is the second largest financial centre in the United Kingdom, after the City of London, and the fourth in Europe by equity assets.Fuckwit. 0 Quote Link to comment Share on other sites More sharing options...
Ludo*1 Posted August 12, 2019 Share Posted August 12, 2019 Just now, Baxter Parp said: https://en.m.wikipedia.org/wiki/Economy_of_Edinburgh Edinburgh is the second largest financial centre in the United Kingdom, after the City of London, and the fourth in Europe by equity assets. Fuckwit. I reckon he's using this, but even then, he's still wrong: https://en.wikipedia.org/wiki/Global_Financial_Centres_Index 0 Quote Link to comment Share on other sites More sharing options...
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