They won't be fleeing to Zurich after all, then.
New York or Singapore would put them in jail.
Disregard entirely this silly scaremongering. Britain is the only country daft enough to pay to keep these people in the style to which they are accustomed, or to tolerate a state within the State for the convenience of that deracinated global superclass, pricing its own population out of a capital city which is thus turned into a foreign country by every conceivable measure, not least because of the endless stream of dirt cheap labour from any and everywhere without which such an economic system can never function.
Most other countries would sensibly refuse admission outright to the members of that superclass, at least if they showed any sign of wanting to stay. And almost all other developed countries, to the list of which even Switzerland clearly now wishes to be added, still have the kind of banking that we had before that wretched woman and her Big Bang.
The last Government was too scared of City propaganda sheets read exclusively by people who were never going to vote Labour, anyway. The next Government ought not to be, and it seems increasingly likely that it will not be.
Banking should be boring, not the kind of sexy career it became in the 1980s with the outsized bonuses and cocaine parties. Deregulation made speculation too tempting.
ReplyDeleteUtter poppycock.
ReplyDeleteFor good or ill, it remains a fact that the City of London currently attracts the cream of our Universities, and many of the cleverest people on Earth.
Losing that talent to Zurich, would benefit nobody here.
It also supports an estimated 3.5 million jobs, and even Will Hutton admits the entire London economy depends on it.
As does a Treasury which refuses to make any substantial cuts, and thus relies almost entirely on tax revenue to pay its debts-tax revenue disproportianately accounted for by the City of London.
Your policy would condemn ordinary people to joblessness and destitution, and drive our brightest talent overseas.
the City of London currently attracts the cream of our Universities, and many of the cleverest people on Earth
ReplyDeleteThat one is not funny anymore.
Losing that talent to Zurich
Not going to happen now.
It also supports an estimated 3.5 million jobs
"Estimated" by one of UKIP's many large and small fraudsters, the pseudo-academic "Professor" Tim Congdon.
even Will Hutton admits the entire London economy depends on it
More is the pity, making it impossible for most people to live there, and only sustainable by means of unrestricted migration.
Your policy would condemn ordinary people to joblessness and destitution
No change there, then. In fact, this offers them the hope of ever getting out of that mire.
our brightest talent
That one is not funny anymore.
overseas
Where, exactly? The Swiss have gone so far as to hold a referendum in order to keep them out. Few countries would let them, in, and those that would, would rapidly lock them up once they started doing what they do.