16 JULY 1988, page 21

The National Credit

IT WILL feel odd without a National Debt. Monarchs and governments have always borrowed and frequently welshed — directly, like Charles II, or indirectly, through inflation,......

Sib Gets It Right

I WAS about to tease the Securities and Investments Board on finding another menace to protect us all against — the non-executive directors of the Big Four banks. The rules say......

See For Yourself

SAFETY at work is on all our minds, and a friend from Imperial Chemical Industries was telling me how it was tackled by Sir John Harvey-Jones. When he took over as chairman, he......

Virtue In Danger

THE Bank of England has received an application for employment, from a candi- date who considers himself suitable be- cause he is studying bonking. Nothing like this has......

City And Suburban

When Lloyd's old-fashioned virtues have to be their own reward CHRISTOPHER FILDES N obody likes paying out a billion dollars, and Piper Alpha is certainly the worst single loss......