As an employee of Linklaters, the ‘Magic Circle’ law firm, Dominic Raab worked in the fields of competition law and project finance.
Judging from the Foreign Secretary’s comments yesterday on British companies doing business in Hong Kong, though, he appears to have forgotten that commercial life is not black and white but dominated by shades of grey.
Climbing into the banking sector, in particular, Mr Raab told MPs: “I have been very clear in relation to HSBC and I will say the same thing in relation to all of the banks. The rights and the freedoms of, and our responsibilities in this country to, the people of Hong Kong should not be sacrificed on the altar of bankers’ bonuses.”
This was a shameless piece of populism.
The Foreign Secretary understands the way the world turns sufficiently well to know that the management of Standard