"London is now the worst place in the world to do business..." - The Daily Mail

Joe_Bloggs

Bring back debtors' prisons and put Fred Goodwin in there until the nation can get back the bailout money.

Call it celebrity gaol4U and send in bankrupt ex celebs to keep him company. The group punishment will be lectures in financial accountability.

J_B.

pqrdef

The poor dears just aren't used to the possibility of any comeback at all. After all, the mis-selling of PPI was a blatant fraud. But nobody will be prosecuted. Nobody will even pay a bonus back. That's the kind of untouchability they're used to.

That many City folk still have no idea how richly they deserve the hatred directed at them, only shows what kind of people they are.

A._Badger

pqrdef wrote: »

That many City folk still have no idea how richly they deserve the hatred directed at them, only shows what kind of people they are.

For 'City folk' read politicians.

julieq

Place has been on the slide since those bloody Normans took over to be fair

The_White_Horse

all it would take is for one of the big boys to leave the UK and the Govt would !!!! their little pants, because they know how important banking and financial services are.

i know the lefties think the nurses and the social workers and the man making some artisan bread in his garage are the true heroes (oh and the benefit scroungers of course), but like everything the lefty thinks - it is wrong.

julieq

Not just any balls, either. ENGLISH BALLS.

Graham_Devon

Love it. Yet more banker nonsense.

"Don't tax our bonuses, we'll leave"

"Don't try and stop our bonuses, we'll leave"

"Don't remove knighthoods for anything, we'll threaten something else".

Well they are still here.

drc

Here's another interesting article about the decline of the City;

London Shrinks Faster Than Any Financial Center as Banks Come Under Attack

Wonder how this will affect the economy over the next 5-10 years?

CLAPTON

Graham_Devon wrote: »

Love it. Yet more banker nonsense.

"Don't tax our bonuses, we'll leave"

"Don't try and stop our bonuses, we'll leave"

"Don't remove knighthoods for anything, we'll threaten something else".

Well they are still here.

yes indeed they are still here but fewer now....

the_flying_pig

yeah, 'fing is, this scaremongering from 'the city' could be absolutely spot-on, but the fact that it's put out the exact same story several times a year since, well, a long time before the dotcomm bubble, it's hard to really distinguish between the same old tedious bluster and something meaningful. any ideas?