City bankers doomed

[AtW]

Hey AJP - here's a blast form the past. How are you doing ?

from

[sasguru]

from

Feck off sad fecker

[AtW]

flip off sad fliper

mad
scientist

[Moscow Mule]

AtW - your car analogy is flawed.

The UK has lots of car makers (now some owned abroad unfortunately);

TVR
Lotus
Morgan
Caterham
I can't be bothered to google for the rest.

Successive UK governments have made the UK financial services industry one of the best in the world, hence the giant bonus levels.

Most of these folk pay tax here, and contribute to the UK economy so what's the problem?

[AtW]

The UK has lots of car makers (now some owned abroad unfortunately);

TVR
Lotus
Morgan
Caterham
I can't be bothered to google for the rest.

And how many cars they make altogether? Probably less than one shift of Ford.

Cars analogy is valid in my view, considering how successful Japanese, German, French, Italian, American cars are.

Why it fails in the UK? Many reasons, but one big is that the Govt here focuses on the City way too much.

[Moscow Mule]

And how many cars they make altogether? Probably less than one shift of Ford.

Cars analogy is valid in my view, considering how successful Japanese, German, French, Italian, American cars are.

Why it fails in the UK? Many reasons, but one big is that the Govt here focuses on the City way too much.

So mass-production = best? I disagree.

That said UK car makers make a quality hand-built product in the best traditions of UK manufacturing, which is exported all over the world.

[DimPrawn]

Shouldn't you be more concerned with making the UK No.1 for search technology?

Stop worrying about the City, markets etc and bring me the head of Google on a plate!

[AtW]

So mass-production = best? I disagree.

That said UK car makers make a quality hand-built product in the best traditions of UK manufacturing, which is exported all over the world.

TVR has gone bust.

Morgan and Caterham make the kind of kit cars that are more appropriate for 1907 than 2007. Some crazy people do buy them, but this market is very small.

Lotus - ok, some cars are nice. I think they don't make their own engines, that's big part of a car.

You forgot Noble - good cars, engines are not theirs though, but fine.

Now compare these companies with Porsche: a lot more cars they make, and expensive too, but people buy them.

[sasguru]

Many reasons, but one big is that the Govt here focuses on the City way too much.

Pray tell, how does it do that?
This should be interesting

[AtW]

Pray tell, how does it do that?
This should be interesting

Like bail you out when you screw up? That did not happen to Rover.