Title: BANKER BASHING MAY LEAD TO AN EXODUS FROM THE CITY.
Authors: Congdon, Tim
Abstract: The article focuses on the bank-bashing in London, England wherein the financial differentials between the city and national average has been widening. Bank-bashers state that the large personal incomes depends on the hidden official affirmation of the government and remain credited to high productivity in financial industries. It says that financial crisis would have an immense effect on the tax payers and were characterized by enormous tax payments on profits and incomes in the city.
Subjects: LONDON (England); UNITED Kingdom; BANKING industry; INVESTORS; FINANCIAL crises; WAGE differentials; TAX assessment
Publication: Economic Affairs, 2010, Vol 30, Issue 3, p93
ISSN: 0265-0665
Publication type: Academic Journal
DOI: 10.1111/j.1468-0270.2010.02032.x

BANKER BASHING MAY LEAD TO AN EXODUS FROM THE CITY.

Congdon, Tim