20 December 2009

Call my bluff

Would you like to move your work and family to Spain? The Independent reports:
Goldman Sachs has threatened the UK Treasury with plans to move up to 20 per cent of its London-based staff to Spain in a standoff over tax and
bonuses.
I'm far from sure that 20% of the staff would be prepared to go. Spain does indeed sound nice for a holiday (and each year I spend three or four months there) but think of the disruption to family life - the children's schooling, the friends and relatives, the cultural life, the need to find property to live in and to dispose of existing housing. And the clincher - relatively few Spaniards speak English.

So maybe the Treasury should call Golden Sacks' bluff.

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