Unfortunately, finance is "the only show in town" in the UK so we are forced into gathering the 'best' bankers instead of them heading off to the far east. If we don't, then our economy is f**ked for even longer. It's a rock and a hard place really.
Before anyone wonders, I work in aerospace manufacturing. I could not stop agreeing with Gerry Robinson when he recently did the
Money Programme about British manufacturing. We spent so long trying (and failing) to compete against 'cheap' that we forgot how to compete as 'good'. That's what's lead to finance ruling the UK business sector, because we didn't know how to do anything else...
