Other casino companies such as Harrah's Entertainment and MGM Mirage were said to be looking for a slice of the action in the U.K., but Genting swooped in and captured the dominant position.
Where the U.K. desperately needs radical action to address the stock of debt in both the public and private sector, what it gets from Mr. Osborne is incrementalism.
By not taking action to improve their 401(k) plans, small business owners may be at greater risk of being called out by employees demanding a better plan or worse.
In early 2008, when a small earthquake rocked the U.K. town of Grimsby, Van Poppel's minions in the English countryside were jolted into action, pinging instant accounts.
The fact that many workers will never receive the annual 401(k) match and will be exposed to greater investment risks by the action apparently is causing no loss of sleep among company executives.