Serfdom
So we quickly move to a situation where we have a rich elite and everyone else in abject poverty as all jobs are moved to India. All under a Labour Govt, couldnt make it up really.
EMC is quadrupling its investments in India, and said today that it will plunk down an incremental $1.5bn over the next five years to build up its research, development, and support operations for the Asia/Pacific region. EMC opened its first Indian office in 2000, and says that in the prior five years, it spent about a third …
EMC Corporate HQ is in Boston USA, and can make their own deciscions thank you very much. They have their European HQ in Ireland since 1988, (once a low cost economy , now a high cost one, in deep doo doo). I don't think the UK were ever in the running for any major investment from EMC, so why the sour grapes? Take a peak at their share price, do some DD and come to your own conclusions. It's all too easy to lay into the Govt.