Dear Scottish Fetchies
65 watchers
Feb 2014
9:55am, 26 Feb 2014
70,211 posts
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santababy
heard about it, sounded awful
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Feb 2014
10:11am, 26 Feb 2014
3,802 posts
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daviec
Started watching it. Poorly controlled. Nobody is any wiser for any of it. Switched it off after about 15 minutes.
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Feb 2014
7:53am, 27 Feb 2014
7,491 posts
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Boab
bbc.co.uk I don't work for this company, but like I mentioned before, it seems companies like this have been moving functions and resource south under the radar. They are claiming material uncertainty is the root cause. I can't fault that reason. |
Feb 2014
8:06am, 27 Feb 2014
4,296 posts
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paul the builder
From that article by Robert Peston linked by Boab: ***************** Mr Nish [Standard Life's chief executive, David Nish] insisted Standard Life has "a long-standing policy of strict political neutrality and at no time will we advise people on how they should vote". [....] I [Peston] am told by informed sources that unless a formal monetary, regulatory and currency union were agreed by an independent Scotland with the rest of the UK, which also included some kind of compact on taxes, Standard Life would feel obliged to move both funds and people to England. ****************** That's either pretty unpleasant gun-to-head-holding by Standard Life, or similar style by BBC that's not SL's position. Of all the reasons to vote for or against, whether it inconveniences some massive financial corporation's ability to make quite as much money as normal shouldn't come very high on the list. |
Feb 2014
8:07am, 27 Feb 2014
4,297 posts
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paul the builder
Sorry for disappearing words.... "similar style by BBC that's not SL's position" (nonsense) should have been "similar style reporting by BBC if that's not SL's position" |
Feb 2014
8:23am, 27 Feb 2014
6,390 posts
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Bazoaxe
So, how is the housing market in Newcastle - just in case I need to re-locate....or could I go by train.
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Feb 2014
8:51am, 27 Feb 2014
3,810 posts
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daviec
"pretty unpleasant gun-to-head-holding by Standard Life" ^ this "Of all the reasons to vote for or against, whether it inconveniences some massive financial corporation's ability to make quite as much money as normal shouldn't come very high on the list." ^ and this There were plenty of the exact same noises being made before devolution in 1999 as well. But when it comes to the crunch nobody goes anywhere. Standard Life and it's likes (financial companies) are not scared of uncertainty, no matter what they say. They are scared of the almost certain outcome that they will face proper regulation in an independent Scotland. So they might move their brass plate to London, but there remains business to be done in Scotland and they're not going to pass that opportunity to someone else. And in the big picture - if we lose one company but gain greater social equality and democracy then I've only one message for Standard Life : "Goodbye!" One thing they might want to consider is the number of Scottish customers they'll lose if they do move simply because we vote for independence. Have they "costed" that? |
Feb 2014
9:49am, 27 Feb 2014
21,823 posts
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HappyG(rrr)
I just hate the daft way numbers are (mis) used in news reporting. And the BBC is supposed to be one of the better ones. "90% of its customers are in England..." That's because 90% of the UK population are in England. If a UK company has 10% of its customers in Scotland then it has an exactly proportionate breakdown. Argh! I bet Belgium and France or Switzerland and Germany or any other 2 countries who are neighbours, with a common language don't have this problem. Can you imagine UBS not being able to service German customers and corporations, just because its headquarters are in Switzerland, not Germany? No. It's just not an issue. You site your head quarters wherever makes sense against numerous criteria. You have your customers in whatever countries you then choose to operate in, based on other, often completely different criteria. It's called Global Commerce. Sheesh. :-)G |
Feb 2014
9:51am, 27 Feb 2014
6,297 posts
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Wriggling Snake
Unfortunately that means london.
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Feb 2014
9:54am, 27 Feb 2014
21,825 posts
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HappyG(rrr)
What means London, WS?
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