[jaysay]

Originally Posted by g jones

I'm a pragmatist and it hurts that sometimes jobs and growth mean principles have to be more measured. I believe the high pay for example should be dealt with a progressive tax system however there is a point where it is not in Britains interests and the rich hold us to random.

Bankers promising to flee to New York or Frankfurt (Euro 17 a real worry in this case) when the City contribute £1 in every £7 to the chancellor is a case in question. I know what we'd like to do in principle but how far dare we go?