Sky News City editor Mark Kleinman said:
"This could have serious long-term consequences for the City of London.Chief executive Terry Smith, said the decision had been taken after staff raised concerns over the government's "explicit refusal to guarantee that similar 'one-off' taxes will not be imposed next year".
"This represents the most potent signal to date of an imminent exodus from the City amid growing government hostility towards the financial services sector."
Just great. Good one Gordon, your legacy is coming along nicely. What a tit.