Very bad news

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richard10012
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#1
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#1
Jamie Dimon, the chief executive officer of JPMorgan has warned that the bank could cut over 4,000 jobs from its 16,000 UK workforce after Brexit, if the UK and EU fail to agree on common banking rules.

Is this a threat to try and force the Uk government to do something or very likely to happen?

The car manufacturers, food manufacturers, pharmaceutical organisation will move out of the U.K.
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ScottishBrexitor
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#2
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#2
Abolish corporation tax and award corporations with extra cash for the more jobs they bring to Britain instead of having welfare and the NHS which are both a waste of money!
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the bear
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#3
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#3
but Brexit was supposed to help Britain become great again :emo:
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Wired_1800
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#4
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#4
(Original post by richard10012)
Jamie Dimon, the chief executive officer of JPMorgan has warned that the bank could cut over 4,000 jobs from its 16,000 UK workforce after Brexit, if the UK and EU fail to agree on common banking rules.

Is this a threat to try and force the Uk government to do something or very likely to happen?

The car manufacturers, food manufacturers, pharmaceutical organisation will move out of the U.K.
It is scaremongering. They are trying to influence the final arrangement.
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Rigel
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#5
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#5
(Original post by ScottishBrexitor)
Abolish corporation tax and award corporations with extra cash for the more jobs they bring to Britain instead of having welfare and the NHS which are both a waste of money!
Wow you are doing a great job of making pro-brexit people seem clever. :hmmm:
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Kenneth56
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#6
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#6
(Original post by richard10012)
Jamie Dimon, the chief executive officer of JPMorgan has warned that the bank could cut over 4,000 jobs from its 16,000 UK workforce after Brexit, if the UK and EU fail to agree on common banking rules.

Is this a threat to try and force the Uk government to do something or very likely to happen?

The car manufacturers, food manufacturers, pharmaceutical organisation will move out of the U.K.
BBC very quick to promote this narrative despite this company crying wolf last time.

Yes, I think it is a device to pressurise the govt as was their last warning (that they backtracked on)
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Rakas21
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#7
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#7
(Original post by the bear)
but Brexit was supposed to help Britain become great again :emo:
Employment just hit a record high.

A small number of jobs will go but they will be replaced.
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username1799249
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#8
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#8
(Original post by ScottishBrexitor)
Abolish corporation tax and award corporations with extra cash for the more jobs they bring to Britain instead of having welfare and the NHS which are both a waste of money!
Quite right! Who needs healthcare anyway? The 1 million people the NHS treats every 36 hours are clearly delusional and just believe they are ill.
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Jack22031994
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#9
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#9
‘Could’ being the key word
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shawn_o1
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#10
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#10
Bad news my arse, big corporations can make Chad and Niger the financial centres of the world if they wanted to.
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Quady
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#11
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#11
JPM shifts 4,000 jobs?

Yawn, so what?
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Quady
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#12
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#12
(Original post by the bear)
but Brexit was supposed to help Britain become great again :emo:
Jamie Dimon is an American running an American business....?
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The PoliticalGuy
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#13
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#13
Why not move to Paris or Frankfurt, lower corporation tax won't attract anyone to Britain any longer if we have tariffs because we leave the single market because cities like Paris and Frankfurt have the same attractiveness.

After 2019 we won't see an immediate impact on jobs but unemployment will begin to rise and then once the situation becomes clear Banks will leave in Flocks.
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