Accountancy Age has reported that:
The latest Deloitte survey of finance directors’ outlook reveals the number of companies looking at moving their corporate base outside the UK to a cheaper tax regime more than doubled in the third quarter - up from 13% to 29%.
No doubt some of the banks were included.
Which just about sums up the state of play. The Big 4 and their clients want the government to bail them out. They don’t want to pay for it.
There’s a lot of change going to be needed if we get through this.
The Big 4 will, I think, be amongst the casualties unless they change their spots, soon.
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