> Out of interest why do you suggest that if the banks move they wouldn't move to Dublin?
Because some have been there and it almost took out the Irish economy. They, the Irish, won't allow that to happen again any time soon. The fact is that the Irish economy is quite small and banks' balance sheets are quite big.
Realistically, only Germany, France and maybe Italy would be big enough to take a significant chunk of the UK banking sector.
Because some have been there and it almost took out the Irish economy. They, the Irish, won't allow that to happen again any time soon. The fact is that the Irish economy is quite small and banks' balance sheets are quite big.
Realistically, only Germany, France and maybe Italy would be big enough to take a significant chunk of the UK banking sector.