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    Oh so populism is the answer - it really is the politics of the vacuous and gutter now - what ever happened to the "art of the possible"?

    Of course excess needs to be dealt with but and it is a damned big but, killing 1/8th of our economic activity and playing into the hands of our envious green eyed European friends by emasculating the City does us all no favours at all.

    There are much better ways to deal with this than soundbite politics and red top headlines - but then what do I know, other than I have worked all my life in the City, been a trade union activist in financial services firms and also run 3 of my own businesses.

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