Topic: | Re:Re:Re:Re:Re:Re:Three cheers for those 'magnificent' students......... | |
Posted by: | Stewart Dean | |
Date/Time: | 14/11/10 09:10:00 |
"A large part of the financial services industry is footloose and there would be a signicant number of functions that would move away from the City of London leading to job losses in our most successful industry." This is often said but never really justified. I hold it as a dangerous myth given what has happened over the last few years. Those companies that would move away are probably he ones we wouldn't want. The Robin Hood tax I believe would work. We are a financial centre for many reasons, if it's just personal greed then we are in deeper trouble than we first thought and are due for a real recession soon and not the mirage we have had. |