With a new Conservative majority government a few weeks into the
job, attention is beginning to turn to the EU referendum which the
Conservatives said they would call.
As estate agents will tell you, it's all about location,
location, location. Similarly for the UK electorate in such a
referendum, they will need to decide whether they should remain in
the same place where they are (better the devil you know and all
that) or to up sticks to another place where they can reside in
relatively splendid isolation (or at least that's the hope of
some) – this specific debate though is for another time.
However, the issue of the EU referendum has been brought to the
fore recently by HSBC which stated that it might consider moving
its HQ out of the UK and cited concerns, amongst other matters,
over the UK potentially leaving the EU. Hot on its heels, Deutsche
Bank has announced that it has set up a working group to consider
the impact of a Brexit (ie the UK quitting the EU)
