No surprise here, if Hills decided to go, it was 1.03 that Ladbrokes would go too, despite the Magic Sign running a big 'Bet British' campaign within the last 12 months. The website only made £55m last year so they have to run off to Gibraltar and dodge tax and levy.
Ladbrokes.com to relocate to Gibraltar
I can't see myself ever working for a big company again, I'm too much of an idealist. If you've read my blog for a while, you'll be aware I'm currently studying an MBA. Corporate greed really shits me. If this was a case of remaining viable, then fair enough but it has nothing to do with it. Hills and Ladbrokes are deserting the UK for, in the words of that Nationwide ad, 'have more bubbly for the shareholders'.
They're not the only ones though...