News for hackers. Stuff that matters.

A comment on HSBC CEO Says Bankers Generating 20% of London Revenue May Move. Parent comment

Re:HSBC CEO Says Bankers Generating 20% of London Revenue Ma... by bowersbros on Wednesday January 18, 2017 @10:43AM (#13427109)
There is a 2hr train from London to Paris. It is possible that some traders would commute that, it isn't an unheard of distance. It would be tricky without freedom of movement etc, but it is doable.
[ Parent | on HN ]
Re:HSBC CEO Says Bankers Generating 20% of London Revenue Ma... by cm2187 on Wednesday January 18, 2017 @11:14AM (#13427405)
I did that for 3 months. Freedom of mvt isn't the problem (the UK being outside of Schengen, you always had passport controls). But it is extremely tiring on the long run.
[ Parent | on HN ]
Re:HSBC CEO Says Bankers Generating 20% of London Revenue Ma... by bowersbros on Wednesday January 18, 2017 @12:47PM (#13428434)
I agree. There are a lot of people already who commute to London from, say, Manchester on a Monday, and back on a Friday, and stay away for the work-week. That is also a possibility
[ Parent | on HN ]
Re:HSBC CEO Says Bankers Generating 20% of London Revenue Ma... by simonbarker87 on Wednesday January 18, 2017 @10:53AM (#13427198)
Yep, my father in law used to work at the Bank of England and commute 2 hours each way on the train tp be at his desk for 7:30 am and home for 8:30 pm - horrible but doable
[ Parent | on HN ]
Re:HSBC CEO Says Bankers Generating 20% of London Revenue Ma... by mastermachetier on Wednesday January 18, 2017 @10:58AM (#13427240)
My commute is between 1 to 2 hours depending on the day and time and I am only traveling 40 miles. I'd rather take a train for two hours seems certainly doable.
[ Parent | on HN ]
Re:HSBC CEO Says Bankers Generating 20% of London Revenue Ma... by m_t on Thursday January 19, 2017 @05:17AM (#13434585)
You have to get 45 minutes earlier at the station for passport and luggage control. And you also have to factor the time to go from home to St Pancras, and then from Gare du Nord to your office.

Practically, it's a way longer commute.

[ Parent | on HN ]
Re:HSBC CEO Says Bankers Generating 20% of London Revenue Ma... by billybofh on Wednesday January 18, 2017 @11:38AM (#13427668)
My commute is ~1hr and I'm only going around three miles. I could go on at length about the joys of the bus system... ;-)
[ Parent | on HN ]
Re:HSBC CEO Says Bankers Generating 20% of London Revenue Ma... by Symbiote on Wednesday January 18, 2017 @12:02PM (#13427927)
3 miles? You could easily walk that in an hour, I'd probably walk it in 45 minutes.
[ Parent | on HN ]
Re:HSBC CEO Says Bankers Generating 20% of London Revenue Ma... by charlesdm on Wednesday January 18, 2017 @11:50AM (#13427791)
It's the timezone difference that makes it tiring.
[ Parent | on HN ]
Re:HSBC CEO Says Bankers Generating 20% of London Revenue Ma... by sfifs on Wednesday January 18, 2017 @12:25PM (#13428192)
Given you're talking about some of the highest paid people. they could just stay in Paris Monday to Friday and commute to London for the Weekend
[ Parent | on HN ]
Re:HSBC CEO Says Bankers Generating 20% of London Revenue Ma... by flurdy on Wednesday January 18, 2017 @12:46PM (#13428420)
Doable for short time, but you also have to get to and from the Eurostar train stations. For me it would be 2 hours just to get to Paddington...

But if you have an office close to Gare du Nord and a flat close to Paddington or opposite then it is workable. And one train journey commute without changing trains is enjoyable. (ie sleepable/workable)

[ Parent | on HN ]
Re:HSBC CEO Says Bankers Generating 20% of London Revenue Ma... by renaudg on Wednesday January 18, 2017 @02:44PM (#13429640)
The Eurostar is in St Pancras, not Paddington.
[ Parent | on HN ]
Re:HSBC CEO Says Bankers Generating 20% of London Revenue Ma... by flurdy on Sunday January 22, 2017 @06:42AM (#13454782)
Doh, that is what I meant, no idea why I kept saying Paddington. Still upset it is not at Waterloo any more. That would have made it more attractive option for me.

Will have to endure that train, tube, another tube or walk, then eurostar with all the kids & luggage entourage for a Disneyland Paris trip in a few months.

[ Parent | on HN ]
Re:HSBC CEO Says Bankers Generating 20% of London Revenue Ma... by hayd on Wednesday January 18, 2017 @12:09PM (#13428002)
It's an expensive journey.
[ Parent | on HN ]
Re:HSBC CEO Says Bankers Generating 20% of London Revenue Ma... by bowersbros on Wednesday January 18, 2017 @12:52PM (#13428465)
Bankers are often pretty well paid, and probably would be compensated (at least in the short term) for inconvenience and cost, until they can be relocated or similar
[ Parent | on HN ]