Bob Diamond, the chief executive of Barclays bank, is not a man inclined to bend to the public mood. ‘There was a period of remorse and apology for banks,’ he told MPs this time last year. ‘I think that period needs to be over.’ His remarks presaged the coming confrontation between Diamond and Parliament over
It’s not strange that bankers have so much more money than anybody else. It’s like the way that women who work in sweet shops are always fat. Not a profound point, I’ll grant you, but it’s striking how rarely you see it made. In other industries, this sort of thing is pretty much a given.
The present Queen succeeded to the throne 60 years ago this coming Tuesday. Her father, King George VI, had died at Sandringham in the night. Pursuing a ‘Where were you when…?’ line of inquiry, I asked my father what he remembered. An undergraduate at Trinity, he was walking down Sydney Street, Cambridge, when he saw
Amidst the gunfire generated by Stephen Hester’s bonus — on which I’m glad to say he took my advice and did the decent thing, so like Stephen Wraysford at the end of Birdsong he deserves a few days’ rest — I was intrigued by the week’s other RBS story. Hester is reported to be selling
