There is money to be made. When it comes down to making money by putting in backdoors or shutting it down and making none, the backdoor will be put in every time.
When London fails to become the "Fintech capital of the world" like it wants to be, because any fintech moving there has to main its own security and every potential customer knows it.
When UK companies are continually hacked and ripped off because the bad guys KNOW there's backdoors in every one of them, all they have to do is find them.
When the UK economy has taken enough of a beating. Then they might change their minds. Maybe.
When London fails to become the "Fintech capital of the world" like it wants to be, because any fintech moving there has to main its own security and every potential customer knows it.
When UK companies are continually hacked and ripped off because the bad guys KNOW there's backdoors in every one of them, all they have to do is find them.
When the UK economy has taken enough of a beating. Then they might change their minds. Maybe.