Or it could be that Dublin/Frankfurt/Zurich/Paris dont have the amount of people with the necessary skills for all these major banks to relocate there , and they KNOW they will never get enough people to move to a dead and alive hole like Frankfurt and they were basically peddling scare stories in the hope of influencing the vote of people who will be taken in .If anything London AND other European financial centres will lose out to places like Hong Kong and Singapore as capital moves eastwards.
If it wasnt for Brown and Darling doing EXACTLY what Mervyn King and the staff at the Bank Of England told them to do you mean, Brown was like a rabbit in the headlights and had to have his hand held all the way through, FACT .
Yeah, that's exactly what they're doing where I work. We had an email round before the vote saying that in the event of Brexit the company would 'most probably' relocate its headquarters from the UK, then today we had another one saying the company was keeping an open mind and was going to 'wait and see' before deciding anything.
