Tesco Bank halts online payments after money was taken from 20K accounts

Re:Tesco Bank halts online payments after money was taken fr... by martinald on Monday November 07, 2016 @05:16PM (#12895731)

I would guess because the UK economy is worth ~£2tn. £150bn of imports raising at 20% isn't a huge impact (around 1-2% - not a huge deal in the grand schemes of things).

PS: I didn't downvote you.

[ Parent | on HN ]

Re:Tesco Bank halts online payments after money was taken fr... by johansch on Monday November 07, 2016 @05:49PM (#12895971)

That's because of the London banking. Which is now moving th Frankfurt.

[ Parent | on HN ]

Re:Tesco Bank halts online payments after money was taken fr... by blibble on Monday November 07, 2016 @06:36PM (#12896297)

fat chance, some back office operations will move (as little as possible), and the lucrative front office work will remain in London as that's where the clients are

[ Parent | on HN ]