Iain Begg

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Last quote by Iain Begg

Protecting a financial center is important for the British economy generally, in the same way as let's say tourism is for France or manufacturing is for Germany. They are the leading-edge sectors of the economy that provide the underlying wealth. So on the one hand what the electorate is looking for is policies which will sustain the competive position of the City of London, but at the same time there is so much antagonism towards the bankers, who are blamed for causing the recession; there is a demand at the same time for regulation and control of the banks.
Apr 30 2010
Iain Begg has most recently been quoted in an article called City jitters over post-election financial regulation. Iain Begg said, “Protecting a financial center is important for the British economy generally, in the same way as let's say tourism is for France or manufacturing is for Germany. They are the leading-edge sectors of the economy that provide the underlying wealth. So on the one hand what the electorate is looking for is policies which will sustain the competive position of the City of London, but at the same time there is so much antagonism towards the bankers, who are blamed for causing the recession; there is a demand at the same time for regulation and control of the banks.”.
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