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VISA may move to Europe

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By (user no longer on site) OP   
over a year ago

Are YOU one of the 1000+ London Visa workers?

Hundreds of British-based jobs at the credit card giant Visa could be forced to relocate to the Continent in the wake of last week's EU referendum.

an agreement in the recent £17.5bn takeover of Visa's European operations by its American sister company included a stipulation that data from Visa card transactions should not leave Europe.

A source in Frankfurt said that German regulators, and possibly others elsewhere in the EU, were expected to push for Visa's UK-based data centre operations to be shifted to a market within the EU once Britain leaves the trading bloc.

Well over 1,000 people work for Visa in London

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By (user no longer on site)
over a year ago

See another well done for Farage! But those people should stand on their own two feet should they?

He's done this country no favours whatsoever.

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By *horehouseCouple
over a year ago

dissatisfied


"Are YOU one of the 1000+ London Visa workers?

Hundreds of British-based jobs at the credit card giant Visa could be forced to relocate to the Continent in the wake of last week's EU referendum.

an agreement in the recent £17.5bn takeover of Visa's European operations by its American sister company included a stipulation that data from Visa card transactions should not leave Europe.

A source in Frankfurt said that German regulators, and possibly others elsewhere in the EU, were expected to push for Visa's UK-based data centre operations to be shifted to a market within the EU once Britain leaves the trading bloc.

Well over 1,000 people work for Visa in London

"

My sympathy goes to anyone who looses their job for whatever reason ..but cant say I'm surprises or that after a brexit deal there won't be more ...

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By *anchestercubMan
over a year ago

manchester & NI

It hasn't happened yet.

But until a deal is agreed to there'll be a lot of upheaval.

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By *its_n_piecesCouple
over a year ago


"See another well done for Farage! But those people should stand on their own two feet should they?

He's done this country no favours whatsoever. "

he's put the cunt back into country

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By *obka3Couple
over a year ago

bournemouth


"Are YOU one of the 1000+ London Visa workers?

Hundreds of British-based jobs at the credit card giant Visa could be forced to relocate to the Continent in the wake of last week's EU referendum.

an agreement in the recent £17.5bn takeover of Visa's European operations by its American sister company included a stipulation that data from Visa card transactions should not leave Europe.

A source in Frankfurt said that German regulators, and possibly others elsewhere in the EU, were expected to push for Visa's UK-based data centre operations to be shifted to a market within the EU once Britain leaves the trading bloc.

Well over 1,000 people work for Visa in London

"

Are we leaving europe ? thought is was just the eu

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By (user no longer on site)
over a year ago


"See another well done for Farage! But those people should stand on their own two feet should they?

He's done this country no favours whatsoever.

he's put the cunt back into country"

You can tell I'm no fan

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By *eMontresMan
over a year ago

Halesowen

“The process and timing for the UK leaving Europe remains unclear," a Visa spokeswoman said.

"While we continue to monitor the situation carefully, it is premature to speculate on whether possible changes to the location of our data centres would make sense or be required.”

Sky news

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By *abioMan
over a year ago

Newcastle and Gateshead


"Are YOU one of the 1000+ London Visa workers?

Hundreds of British-based jobs at the credit card giant Visa could be forced to relocate to the Continent in the wake of last week's EU referendum.

an agreement in the recent £17.5bn takeover of Visa's European operations by its American sister company included a stipulation that data from Visa card transactions should not leave Europe.

A source in Frankfurt said that German regulators, and possibly others elsewhere in the EU, were expected to push for Visa's UK-based data centre operations to be shifted to a market within the EU once Britain leaves the trading bloc.

Well over 1,000 people work for Visa in London

Are we leaving europe ? thought is was just the eu "

these jobs have to stay within the EU as such... its a quirk with these particular jobs...

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By *horehouseCouple
over a year ago

dissatisfied


"See another well done for Farage! But those people should stand on their own two feet should they?

He's done this country no favours whatsoever.

he's put the cunt back into country

You can tell I'm no fan"

Sorry but i think you may be more of a fan of his than we are ..

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By (user no longer on site)
over a year ago


"See another well done for Farage! But those people should stand on their own two feet should they?

He's done this country no favours whatsoever.

he's put the cunt back into country

You can tell I'm no fan

Sorry but i think you may be more of a fan of his than we are .."

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By *ngel n tedCouple
over a year ago

maidstone


"Are YOU one of the 1000+ London Visa workers?

Hundreds of British-based jobs at the credit card giant Visa could be forced to relocate to the Continent in the wake of last week's EU referendum.

an agreement in the recent £17.5bn takeover of Visa's European operations by its American sister company included a stipulation that data from Visa card transactions should not leave Europe.

A source in Frankfurt said that German regulators, and possibly others elsewhere in the EU, were expected to push for Visa's UK-based data centre operations to be shifted to a market within the EU once Britain leaves the trading bloc.

Well over 1,000 people work for Visa in London

Are we leaving europe ? thought is was just the eu "

No, no, apparantly the votes been cast and we are actually leaving europe, we're now locked in talks with the eu on how much lego and meccano we can have to build a flotation device.

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By *ity Slickers PartiesCouple (MM)
over a year ago

Brighton & Hove


"Are YOU one of the 1000+ London Visa workers?

Hundreds of British-based jobs at the credit card giant Visa could be forced to relocate to the Continent in the wake of last week's EU referendum.

an agreement in the recent £17.5bn takeover of Visa's European operations by its American sister company included a stipulation that data from Visa card transactions should not leave Europe.

A source in Frankfurt said that German regulators, and possibly others elsewhere in the EU, were expected to push for Visa's UK-based data centre operations to be shifted to a market within the EU once Britain leaves the trading bloc.

Well over 1,000 people work for Visa in London

Are we leaving europe ? thought is was just the eu "

No but its becoming more apparent that big corporations are leaving UK to relocate in Mainland Europe

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By *olgateMan
over a year ago

on the road to nowhere in particular

It's not becoming apparent, what they are doing is keeping their options open. Ie. Contingency plan

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By *an_WoodMan
over a year ago

Stafford


"It's not becoming apparent, what they are doing is keeping their options open. Ie. Contingency plan"

It's highly likely many financial services companies will relocate out of the UK ahead of BREXIT to get ahead of their competitors especially as they are not British companies. Now we have voted other people get to react in their own best interests.

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By *LCCCouple
over a year ago

Cambridge


"It's not becoming apparent, what they are doing is keeping their options open. Ie. Contingency plan

It's highly likely many financial services companies will relocate out of the UK ahead of BREXIT to get ahead of their competitors especially as they are not British companies. Now we have voted other people get to react in their own best interests."

A large proportion of the UK’s economy is based on the Service industry, banking, insurance etc. This is one of the 4 basic freedoms that underpins the european single market; the free movement of Services, Goods, Labour and Capital. Many financial service companies will want to continue to offer their services to the EU, they can do that a lot easier from inside the EU.

If these companies leave, the British economy will be devastated. Don’t think that we will be suddenly coal mining, ship building and steel making to make up for the loss of our financial services industry.

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By (user no longer on site)
over a year ago


"Are YOU one of the 1000+ London Visa workers?

Hundreds of British-based jobs at the credit card giant Visa could be forced to relocate to the Continent in the wake of last week's EU referendum.

an agreement in the recent £17.5bn takeover of Visa's European operations by its American sister company included a stipulation that data from Visa card transactions should not leave Europe.

A source in Frankfurt said that German regulators, and possibly others elsewhere in the EU, were expected to push for Visa's UK-based data centre operations to be shifted to a market within the EU once Britain leaves the trading bloc.

Well over 1,000 people work for Visa in London

Are we leaving europe ? thought is was just the eu "

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