Uh, the majority of this stuff happened under New Labour's watch! But all the major political parties are the same, so why vote for any of them, & shame on you if you do!
New Labour were deeply in hock to Lord Levy & his cronies, at best beguiled.
I've mentioned elsewhere until 3 years ago I worked on various large financial projects for various FTSE 100, Dow, & Japanese Banks/Investment Houses/Hedge funds.
I found it all sickening - I found all of it damaging to the UK, & I include all the outsourcing of staff.
We used to use a set up called box companies, where $Billion takeovers could be launched - through places like the Isle of Man, Jersey, Luxembourg etc, & the only thing legal ever seemed to do was to reorganise company structure & ownership for the best tax structural advantage.
Tell me - exactly who benefits when you outsource overseas most of your jobs (though most in finance are unquestioning nodding dogs), then (falsely) claim that revenue was generated in lower tax countries?
It ain't the domestic countries - that's for sure. Fewer jobs, less tax revenue - it all ultimately leads to a lower standard of living here, but a boom elsewhere.
That's why I keep harping on about Internationalism (Capitalism/Marxism - same thing ultimately - same backers!).
The only growth for banks is to expand into under/undeveloped markets.
They've maxxed out the potential in most of the West, & need to create more debt.
The quickest way to create more debt (debt = money) is to advance living standards in other countries through the export of proven functions AND foreign aid. This causes a rise in GDP that allows other industries servicing the overseas community to expand. To expand they need debt. And so it continues - a rise in living standards in a world with scarce resources necessarily leads to a dimunition elsewhere, as western countries are outcompeted both on price, & the need to service the debt incurred supposedly to attain the original expertise.
We have been traduced. Supposed multiculturalism was only another ploy aimed at vitiating opposition by diluting dissent; nationhood is important, because it is the largest bond of any society, & the only barrier to corporate globalist interests.
Ultimately, you're left with a default, or a massive drop in living standards as people slave to pay off interest on cash created out of thin air.
The whole system should have collapsed 2 years ago, & we'd all be free(for a while!) Meanwhile, the banksters exchange their riskfree(& subsidised) income for real tangible assets like land & commodities, & exert further control.
Tax law is inbuilt with loopholes - deliberately - to aid preferred corporate entities, & the rich, specifically to lubricate the transfer of wealth from the lower workers up.
These loopholes are meant to be closed to the general populance, but as I've posted before, any income over £75K, self incorporated, can legally avoid the vast majority of tax.
Shit, I could even get someone unemployed(due to new rules now over 35, or a couple or family), & living in their own house, with £50K in the bank, full housing benefit!!!!!!!!!! Legally!
The system is corrupt - the law is corrupt - & elected politicians morally bankrupt:but people just go on oblivious. So why the fuss?
