From Liberal Conspiracy:
The majority of people working in Britain’s financial services industry are happy to stay in the UK, said a survey by the eFinancialCareers.com website, despite fears a clampdown on pay may force top performers overseas.
The online poll of 415 workers in London’s City finance district said only 14 percent were actively seeking a job overseas, with the rest happy to remain in the UK.
Is 14% actively looking to emigrate high or low?
The number of people leaving the UK for 12 months or more fell to 368,000 in 2009 compared with 427,000 in 2008. The drop in total emigration was due to a decrease in the numbers of British and EU citizens leaving the UK. An estimated 140,000 British citizens emigrated in 2009, the lowest number since 1999 and down from 173,000 in 2008.
If population is 65 million then 0.5% emigrate each year and about 0.2 % of Brits do.
If bankers are between 28 and 70 times more likely to emigrate than the general population then I think we would rather conclude that bankers are extremely pissed off with the system here, not \”happy\”, no?