Cameron's non-veto : Tue Jan 10, 2012 3:58 pm  

Does anyone still think he stopped anything? http://blog.itv.com/news/laurakuenssber ... night-fun/ And if this quote has any substance, we should all be very worried ... For the many who have applauded the stance the PM has taken so far, and there are very many, don’t there don’t be mistaken that there are very real risks too. There are fearful rumblings from City sources I’ve been speaking to in the last couple of days. I’m told that big financial firms are starting to pull away from using the UK’s official representatives in Brussels, UKRep, choosing instead to go direct to talk to other countries’ teams, because ‘no one wants to be wrapped in the union flag right now’. There are suggestions that one very significant financial institution is moving away from describing itself as a UK institution, instead choosing to emphasise itself as a ‘global brand’. Another source told me even Poland, who the UK has often built alliances with is starting to drift away, some saying privately they can’t do business with the UK anymore. So, does this mean the very financial firms that Cameron says would leave if the transaction tax is imposed, will leave anyway?

Does anyone still think he stopped anything? http://blog.itv.com/news/laurakuenssber ... night-fun/ And if this quote has any substance, we should all be very worried ... For the many who have applauded the stance the PM has taken so far, and there are very many, don’t there don’t be mistaken that there are very real risks too. There are fearful rumblings from City sources I’ve been speaking to in the last couple of days. I’m told that big financial firms are starting to pull away from using the UK’s official representatives in Brussels, UKRep, choosing instead to go direct to talk to other countries’ teams, because ‘no one wants to be wrapped in the union flag right now’. There are suggestions that one very significant financial institution is moving away from describing itself as a UK institution, instead choosing to emphasise itself as a ‘global brand’. Another source told me even Poland, who the UK has often built alliances with is starting to drift away, some saying privately they can’t do business with the UK anymore. So, does this mean the very financial firms that Cameron says would leave if the transaction tax is imposed, will leave anyway?

Re: Cameron's non-veto : Tue Jan 10, 2012 4:10 pm  

I'm sure lots who will NOT have a transaction tax in the UK will leave to Europe so they CAN be taxed on these transactions, definitely. i should imagine Vodafone will be in the vanguard, they are always complaining that they cannot pay enough tax.

Re: Cameron's non-veto : Wed Jan 11, 2012 9:56 am  

Ferocious Aardvark wrote:

I'm sure lots who will NOT have a transaction tax in the UK will leave to Europe so they CAN be taxed on these transactions, definitely. i should imagine Vodafone will be in the vanguard, they are always complaining that they cannot pay enough tax.

Are Vodaphone a financial services company now as well as being a tax-dodging cellphone service provider?