18 AUGUST 1990, page 23

. . . And A Bullseye

SOME banks still know how to write letters. This has just come through the post: 'We are a strong and well-managed bank. We have minimal exposure to com- panies which are in......

City And Suburban

Prepare to meet your receiver, but please wait your turn in the queue CHRISTOPHER FILDES I have come across the sad case of the company which can't stop. It is bust, and ought......

Polly Morphous

ASIL Nadir has not got the hang of it. Ten years ago, investors were first offered shares in his variously active trading com- pany, Polly Peck. There have been anxious moments......

Blunderbuss Banks . • •

ONE of our senior company chairmen shows me a letter from his bank. 'Dear Customer', this inquires, 'have you ever thought of starting up your own business?' There are times,......

An Ecu Each Way

AS FOR inflation, we shall still try to tackle it through the exchange rate, by signing up for full membership of the European Monetary System. You do not have to be an......