Keeping the financial sector in Britain
The financial services industry in the UK is at a crucial juncture. Our new research report “Not with a Bang but a Whimper” – published tomorrow – highlights the decline in the UK’s competitiveness as a domicile for this sector, and the increasing likelihood that both companies and workers will take the leap and choose to base themselves elsewhere. Many will see this as a good thing. The economy is still recovering from the financial crisis, the eventual cost to the public purse of the bank bailouts remains unknown, and the yearly round of hated bank bonuses are impending. On the other hand, losing such a significant contributor to GDP,
