Howard Flight Defends the City
February 12, 2010 · Posted in Economy
…on Conservative Home Platform, and warns of the consequences of damaging one of the most vibrant sectors of our economy:
If the UK ends up with a tax and regulatory regime which drives international financial services to other countries, it will be UK citizens who suffer from the loss of the international earnings, the loss of the tax revenues generated and the loss of well paid employees’ spending power.
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