Hedge fund managers and private equity groups in the City of London fear they will be victims of an onslaught of regulation from the EU... and they think Gormless is too weak to defend them.
Some in the City believe that proposed EU regulation will impede their ability to compete with international rivals, reports the FT.
One private equity boss tells the FT that Gormless: "has forgotten us and may even be offering us up on a platter to France and Germany".
The FT is an unlikley source for this humble blog's 'eurosceptic' research. But as we were learning more about the City's concerns through reading various articles, we found an interesting blog post on the FT's website.
As yet, the Conservatives have not yet stated any switch in position on the thorny EU issue, despite UKIP's resounding electoral success last week. However, last week's combined anti-Lisbon vote in the UK is something that a Conservative Party in search of a governing majority might be well advised to take on board.
0 comments:
Post a Comment
This blog seeks to uphold the right to free speech. However, comment moderation is used to prevent the posting of comments which could be considered libelous/offensive etc. We do not, however, guarantee to publish all comments and we reserve the right to refuse to approve any comment submitted at our discretion. Views expressed are those of the comment author and do not neccesarily reflect those of this blog.