Quote:
Originally Posted by Paul Markham
And the big financial institutions decide to move to Hong Kong, leaving the UK with even less. Got any more bright ideas?
They are no tied to the UK, they can move anytime they like. Have you heard of the Internet? It's big communication type thing that ties the world together much closer than the wind and sail did in the past. Don't understand either. 
But I think the banks might move if they get hammered to hard. |
They're not going anywhere Paul. They say that every time regulation is proposed.
If they want to fuck off to Hong Kong or Singapore then let them. Fuck knows the Chinese government or the Singaporeans won't bail them out when they need it.
They love the UK. It lets them do risky investments with big returns backed by the tax payer if it goes wrong.