Trust funds
Sir: Your leading article’s diatribe against the public sector (13 February) rather missed the point. The categories of deficiency described are not sector specific. The common factor is the failure, in general, of some individuals, irrespective of their role, to set acceptable examples of judgment and probity. I would find it hard to choose between a ‘public sector’ MP and, for example, a ‘private sector’ banker, as a trusted custodian of anything, let alone money.

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