Apparently this is “10% of the total assets of the UK banking sector …” and is a conservative estimate, and by the way, financial services contribute(d) £72 billion in annual tax revenue to the exchequer. “This is not project fear, it has already happened …”
Now here’s a thought: we were always told at school that the Conservative Party was the party of capital, banking, industry and investment, so I suppose that this move has not come as a horrifying shock to The Mogg and his minions, acolytes and running dogs, who know all about capital and how to use it.
If that is the case, are we (the people) entitled to an explanation as to why ‘project leave’ never warned us that this would happen? Or is it just the simples case that if you have capital it can just as well work for you outside the UK as in, and f*** the national tax revenue? We need to be told.
Welcome to the Mirli Books blog written by Peter Maggs