European Medicines Agency (EMA) closes London office with loss of 900 jobs
theguardian.com
theguardian.com
http://www.ema.europa.eu/docs/en_GB/document_library/Other/2...
From the article.
All told, when you consider that it’s not as though England is going to break out in calm stability regardless of how Brexit proceeds, I think the result is going to be an irretrievable loss for England in particular, and the UK in general. I also wouldn’t be shocked if this (and demographic shift) ultimately leads to a reunification in Ireland, and independence passing for Scotland. At that point I guess England and Wales can try to figure out what to do with all of that unused and unwanted infrastructure in London.
Expect to hear every time "project fear" was right, because, despite the fact that nobody who voted leave will change their mind it's still incredibly cathartic to hear it.
What's to stop the older generation soaking up the entire wealth of their generation and the current one?
I can very easily answer that: nothing. That's exactly why in the UK (state) pensions come in at more than twice the budget that's used for the NHS and why almost nobody under 30 can afford their own place.
I didn’t make that argument, in fact it’s not even orthogonal to what I did say. I suppose you could say that if I took any position, it was that children and dead people can’t vote, but that still feels like an observation, not an argument. All I did was state how demographics have shifted, that is all.
Evidently, this is false.
Either way, it’s fewer jobs in the UK.
But what most people miss is all the indirect effects. E.g. if I'm a medical consultancy, where will I open new offices? If I'm a legal expert on the approval processes, where will I have the easiest access to any events, publications and informal chats with key experts? If I'm hosting lobby or info events, where will I reach the key people I'd love to hear about my new product/service/insight/... If I'm a researcher, which university will I use as the project partner most likely to have good access to the EMA expertise? English will still be important, but which one will be the key language to reach EMA if locally hired staff (think contract staff such as often secretaries, logistics people, admin staff, ..) speak Dutch as their first language?
EMA and similar bodies (think any kind of stock exchange, regulatory body, government agency, ...) are central points in networks that link and motivate lots of other things to happen. In the long term loss of EMA will not throw London off the map, but it will over time weigh more and more decisions in the direction of Amsterdam (or at least away from London).