Scottish Independence
06 March 2014, 12:00 PM
#361
Scooby Regular
Point 1) the BBC is massively anti independence.
Point 2) Peston, by association, will hardly be neutral
Point 3) Peston is a w@nker who sensationalises most of what he reports on
Point 4) The key point is "may" not "will" have to move
Point 5) Peston talks about the directive "implying" that the banks will have to move. That's never going to be legally binding without being tested in Court
Point 6) Just to reiterate, Peston is a sensationalist w@nker
Point 5) Arguably RBS and LLoyds do more business overseas, so bye bye to England too IF the directive is effective and what it "implies" is ultinately found upon.
Point 6) The banks will be taking legal advice on many, many issues surrounding the independence question. Perfectly normal and not worthy of jumping up and down about
Point 7) Did I mention that Peston is a w@nker?
Point 2) Peston, by association, will hardly be neutral
Point 3) Peston is a w@nker who sensationalises most of what he reports on
Point 4) The key point is "may" not "will" have to move
Point 5) Peston talks about the directive "implying" that the banks will have to move. That's never going to be legally binding without being tested in Court
Point 6) Just to reiterate, Peston is a sensationalist w@nker
Point 5) Arguably RBS and LLoyds do more business overseas, so bye bye to England too IF the directive is effective and what it "implies" is ultinately found upon.
Point 6) The banks will be taking legal advice on many, many issues surrounding the independence question. Perfectly normal and not worthy of jumping up and down about
Point 7) Did I mention that Peston is a w@nker?
must be pretty cool to be able to make a career over information received via "chats" at expensive resturants
his reports are always "sources" this and "i have been told" that
bit harsh to call him a w4nker - like a banker he is just trying to make a living
you just have to take it for what it is
06 March 2014, 12:19 PM
#362
Scooby Regular
Edit not working so I'll add here.
Its simply not possible for LLoyds or RBS (or any Scottish registered company) to transfer its registered office to England. New companies would require to be incorporated in England and the assets transferred across. These are PLC's whos shares are traded. Moving registered office to England is simply not going to happen. The undertaking would be massive.
If there is to be a change, LLoyds would move its head office to Scotland. Operations would be structured accordingly. The legal advice being taken is probably in respect of a workaround for the fact the banks do more business in England than in Scotland.
Peston also talks about "legal home". There's no such concept in company legislation in the UK. Neither is "head office" a legal concept in terms of the Companies Act. A company can say its head office is anywhere it wants. Normally its the center of administration for entities which trade from multiple sites.
The piece is a joke of reporting from someone who professes to be the business editor. BBC at its useless best...
Storm in a teacup and I'm going to add "pretentious" to "w@nker".
Its simply not possible for LLoyds or RBS (or any Scottish registered company) to transfer its registered office to England. New companies would require to be incorporated in England and the assets transferred across. These are PLC's whos shares are traded. Moving registered office to England is simply not going to happen. The undertaking would be massive.
If there is to be a change, LLoyds would move its head office to Scotland. Operations would be structured accordingly. The legal advice being taken is probably in respect of a workaround for the fact the banks do more business in England than in Scotland.
Peston also talks about "legal home". There's no such concept in company legislation in the UK. Neither is "head office" a legal concept in terms of the Companies Act. A company can say its head office is anywhere it wants. Normally its the center of administration for entities which trade from multiple sites.
The piece is a joke of reporting from someone who professes to be the business editor. BBC at its useless best...
Storm in a teacup and I'm going to add "pretentious" to "w@nker".
Last edited by Devildog; 06 March 2014 at 12:21 PM.
06 March 2014, 12:23 PM
#363
Scooby Regular
06 March 2014, 12:29 PM
#364
ahah - Peston has made a very good living - solely it seems, because he is close friends with a few top bankers
must be pretty cool to be able to make a career over information received via "chats" at expensive resturants
his reports are always "sources" this and "i have been told" that
bit harsh to call him a w4nker - like a banker he is just trying to make a living
you just have to take it for what it is
must be pretty cool to be able to make a career over information received via "chats" at expensive resturants
his reports are always "sources" this and "i have been told" that
bit harsh to call him a w4nker - like a banker he is just trying to make a living
you just have to take it for what it is
06 March 2014, 12:41 PM
#365
Scooby Regular
Join Date: Mar 2010
Posts: 10,329
Likes: 0
Received 0 Likes
on
0 Posts
Edit not working so I'll add here.
Its simply not possible for LLoyds or RBS (or any Scottish registered company) to transfer its registered office to England. New companies would require to be incorporated in England and the assets transferred across. These are PLC's whos shares are traded. Moving registered office to England is simply not going to happen. The undertaking would be massive.
If there is to be a change, LLoyds would move its head office to Scotland. Operations would be structured accordingly. The legal advice being taken is probably in respect of a workaround for the fact the banks do more business in England than in Scotland.
Peston also talks about "legal home". There's no such concept in company legislation in the UK. Neither is "head office" a legal concept in terms of the Companies Act. A company can say its head office is anywhere it wants. Normally its the center of administration for entities which trade from multiple sites.
The piece is a joke of reporting from someone who professes to be the business editor. BBC at its useless best...
Storm in a teacup and I'm going to add "pretentious" to "w@nker".
Its simply not possible for LLoyds or RBS (or any Scottish registered company) to transfer its registered office to England. New companies would require to be incorporated in England and the assets transferred across. These are PLC's whos shares are traded. Moving registered office to England is simply not going to happen. The undertaking would be massive.
If there is to be a change, LLoyds would move its head office to Scotland. Operations would be structured accordingly. The legal advice being taken is probably in respect of a workaround for the fact the banks do more business in England than in Scotland.
Peston also talks about "legal home". There's no such concept in company legislation in the UK. Neither is "head office" a legal concept in terms of the Companies Act. A company can say its head office is anywhere it wants. Normally its the center of administration for entities which trade from multiple sites.
The piece is a joke of reporting from someone who professes to be the business editor. BBC at its useless best...
Storm in a teacup and I'm going to add "pretentious" to "w@nker".
06 March 2014, 01:31 PM
#366
Scooby Regular
Thread Starter
Well it all comes down to currency and Alex Salmond's independent Scotland keeping pound and forming a currency union and retaining it's membership to the EU.
06 March 2014, 01:42 PM
#368
Scooby Regular
Join Date: Mar 2010
Posts: 10,329
Likes: 0
Received 0 Likes
on
0 Posts
It seems The SNP are making lots up as they go along. They were caught with their pants down over the EU membership issues, and the question of Sterling. It's like they didn't think about it until someone on the nats side mentioned it.
06 March 2014, 01:59 PM
#371
Scooby Regular
"senior banking sources have told me that if new bonus restriction rules come in to place then we will loose all the banking talent to America"
yeah - your "Sources" would say that wouldn't they
06 March 2014, 02:35 PM
#372
Scooby Regular
iTrader: (2)
Join Date: Nov 2011
Location: the rev limiter
Posts: 3,719
Likes: 0
Received 0 Likes
on
0 Posts
I cant wait until the vote so I can vote yes and be done with all this bickering LOL
TBH I think the English government does a very good job of scare mongering along with the media with their biased views.
I think we contribute a massive amount to the UK and we are always seen as the jock with a cap in hand !
**** that I really hope we get out independence as thats when england will notice how much we have contributed or should I say been robbed from over the years once the English government cant leach from us any more.
TBH I think the English government does a very good job of scare mongering along with the media with their biased views.
I think we contribute a massive amount to the UK and we are always seen as the jock with a cap in hand !
**** that I really hope we get out independence as thats when england will notice how much we have contributed or should I say been robbed from over the years once the English government cant leach from us any more.
06 March 2014, 02:53 PM
#373
Scooby Regular
Thread Starter
I cant wait until the vote so I can vote yes and be done with all this bickering LOL
TBH I think the English government does a very good job of scare mongering along with the media with their biased views.
I think we contribute a massive amount to the UK and we are always seen as the jock with a cap in hand !
**** that I really hope we get out independence as thats when england will notice how much we have contributed or should I say been robbed from over the years once the English government cant leach from us any more.
TBH I think the English government does a very good job of scare mongering along with the media with their biased views.
I think we contribute a massive amount to the UK and we are always seen as the jock with a cap in hand !
**** that I really hope we get out independence as thats when england will notice how much we have contributed or should I say been robbed from over the years once the English government cant leach from us any more.
06 March 2014, 03:04 PM
#374
Scooby Regular
iTrader: (2)
Join Date: Nov 2011
Location: the rev limiter
Posts: 3,719
Likes: 0
Received 0 Likes
on
0 Posts
Just because Scotland get a Yes vote does not automatically mean Scotland will be able to declare independence! It'll take a couple of years to negotiate and thrash out. It's not about how much Scotland does or doesn't contribute, at the moment Alex Salmond cannot even answer even the most basic and fundemental question; what currency will Scotland be using after independence, he is putting Scotland's economic future based not on facts but assertions and assumptions. He cannot promise anything and does not have a "plan b". Businesses are worried and I don't blame them.
and all eyes are on salmond at the moment as he has the ***** to take a stand and say independence and then have deal with all the wolfs from england who dont want us to be free as then all the money we generate wont go to pay for their expenses
but yes lets all forget about the spineless wretches that fill the english government's ranks and their expenses fiddling and thievery we will just push that to the side for now while they have a scape goat to take the spotlight off themselves shall we ?
Last edited by nizmo80; 06 March 2014 at 03:11 PM.
06 March 2014, 03:12 PM
#375
http://www.newsnetscotland.com/index...penses-scandal
06 March 2014, 03:23 PM
#376
Scooby Regular
Thread Starter
that might be the case jonc
and all eyes are on salmond at the moment as he has the ***** to take a stand and say independence and then have deal with all the wolfs from england who dont want us to be free as then all the money we generate wont go to pay for their expenses
but yes lets all forget about the spineless wretches that fill the english government's ranks and their expenses fiddling and thievery we will just push that to the side for now while they have a scape goat to take the spotlight off themselves shall we ?
and all eyes are on salmond at the moment as he has the ***** to take a stand and say independence and then have deal with all the wolfs from england who dont want us to be free as then all the money we generate wont go to pay for their expenses
but yes lets all forget about the spineless wretches that fill the english government's ranks and their expenses fiddling and thievery we will just push that to the side for now while they have a scape goat to take the spotlight off themselves shall we ?
Last edited by jonc; 06 March 2014 at 03:24 PM.
06 March 2014, 03:33 PM
#377
Scooby Regular
iTrader: (2)
Join Date: Nov 2011
Location: the rev limiter
Posts: 3,719
Likes: 0
Received 0 Likes
on
0 Posts
32%-37% really does account for nothing until the vote does happen
as the there will be lots of people who have never participated in a poll who will vote when the time come myself included as I have never took part in any poll
and I will vote yes whether other people will vote yes or no is up to them and time will tell what happens.
as for the currency I dont know much about that so cant comment on that but rest assured England will have their part to play in making that difficult for us to try and keep their strangle hold on Scotland.
06 March 2014, 03:34 PM
#378
Scooby Regular
iTrader: (2)
Join Date: Nov 2011
Location: the rev limiter
Posts: 3,719
Likes: 0
Received 0 Likes
on
0 Posts
Please, you are voting for independence, not for an end to politicians.
http://www.newsnetscotland.com/index...penses-scandal
http://www.newsnetscotland.com/index...penses-scandal
06 March 2014, 03:58 PM
#381
Scooby Regular
Thread Starter
yea you are right not all scots want independence
32%-37% really does account for nothing until the vote does happen
as the there will be lots of people who have never participated in a poll who will vote when the time come myself included as I have never took part in any poll
and I will vote yes whether other people will vote yes or no is up to them and time will tell what happens.
as for the currency I dont know much about that so cant comment on that but rest assured England will have their part to play in making that difficult for us to try and keep their strangle hold on Scotland.
32%-37% really does account for nothing until the vote does happen
as the there will be lots of people who have never participated in a poll who will vote when the time come myself included as I have never took part in any poll
and I will vote yes whether other people will vote yes or no is up to them and time will tell what happens.
as for the currency I dont know much about that so cant comment on that but rest assured England will have their part to play in making that difficult for us to try and keep their strangle hold on Scotland.
I'm not one to tell you or any other person on how you should vote. But I'd would advise that a potential voter should perhaps look into the currency situation since this is linch pin that will determine the economic success or failure for an independent Scotland.
06 March 2014, 04:12 PM
#383
Scooby Regular
iTrader: (2)
Join Date: Nov 2011
Location: the rev limiter
Posts: 3,719
Likes: 0
Received 0 Likes
on
0 Posts
probably have a sulk 
Its cool jonc you know I am just having a bit of fun with this.
but yes alex does need to address this.
the percentage you did use that poll to justify what you were saying a little bit buddy LOL
no poll will give a accurate percentage until the big day comes all I am saying is its a massive yes from me LOL
I did not say 32-37% does not count for nothing, nevertheless it is a minority. The poll is representitive sample of how people will vote, equally there will people who don't want independence and did not participate in the poll.
I'm not one to tell you or any other person on how you should vote. But I'd would advise that a potential voter should perhaps look into the currency situation since this is linch pin that will determine the economic success or failure for an independent Scotland.
I'm not one to tell you or any other person on how you should vote. But I'd would advise that a potential voter should perhaps look into the currency situation since this is linch pin that will determine the economic success or failure for an independent Scotland.
but yes alex does need to address this.
the percentage you did use that poll to justify what you were saying a little bit buddy LOL
no poll will give a accurate percentage until the big day comes all I am saying is its a massive yes from me LOL
06 March 2014, 04:38 PM
#385
Scooby Regular
06 March 2014, 04:46 PM
#387
Scooby Regular
Join Date: Mar 2010
Posts: 10,329
Likes: 0
Received 0 Likes
on
0 Posts
06 March 2014, 05:05 PM
#388
Scooby Regular
I did not say 32-37% does not count for nothing, nevertheless it is a minority. The poll is representitive sample of how people will vote, equally there will people who don't want independence and did not participate in the poll.
I'm not one to tell you or any other person on how you should vote. But I'd would advise that a potential voter should perhaps look into the currency situation since this is linch pin that will determine the economic success or failure for an independent Scotland.
I'm not one to tell you or any other person on how you should vote. But I'd would advise that a potential voter should perhaps look into the currency situation since this is linch pin that will determine the economic success or failure for an independent Scotland.
Sitting here actually as a Scot, in Scotland, working in the Scottish community and speaking to other Scots, the general concensus is that about one third are committed yes voters, as the polls suggest.
What the polls don't tell you is that the reality of the situation (as opposed to either side's spin) appears to be that whilst onen third are committed to "yes", about the same percentage to "no", the remaining third are as yet undecided.
So, you could spin it the other way and say "only one third don't want independence"
And that's why the "better together" camp are collectively sh!tting themselves. A massive amount of people are completely undecided. And it could go either way.
Scotland has massive diversity within its economic make up. The outcome is far from certain. As an informed Scot, I've seen compelling arguments from both sides on the currency issue, on Europe, on sharing the debt. The only one I've not seen a compelling argument on is why Scotland would not benefit massively from the oil and gas reserves.
One thing is certain, scaremongering is rife. That's glaringly apparent to most people I know personally and professionaly.
06 March 2014, 05:09 PM
#389
Scooby Regular
Hair splitting? Indulge me Tony. In what way was pointing out that changing a PLC's registered office from Scotland to England wasn't actually plausible "splitting hairs"?
Impressing or not impressing you matters not one jot to me. I only value the opinion of those who's opinions actually matter
06 March 2014, 05:23 PM
#390
Scooby Regular
Join Date: Mar 2010
Posts: 10,329
Likes: 0
Received 0 Likes
on
0 Posts
Hair splitting? Indulge me Tony. In what way was pointing out that changing a PLC's registered office from Scotland to England wasn't actually plausible "splitting hairs"?
Impressing or not impressing you matters not one jot to me. I only value the opinion of those who's opinions actually matter
Anyway the point is a pedantic one. Would both these two institutions 'stay' in Scotland given that an independent Scotland has far less resources to be their lender of last resort, call it what you will. Indeed, the SNP don't even appear very certain what their plan is regarding currencies. But of course RBS etc, just 'could never' leave Scotland, never, impossible!