21 MAY 1994, page 25

Code Up The Nose

DIRECTORS ALL over the country are wondering what to do about the Cadbury Code of Corporate Governance. One answer is to comply by going on each oth- ers' boards, for extra......

Cyclical

PAUL KRUGMAN in his new book Ped- dling Prosperity puts forward the economic theory of reincarnation: 'If you are a good economist, a virtuous economist, you are reborn as a......

What Labour Favours

FAILING THE ERM, Labour is in favour of training. Who isn't? It has a fiscal policy. It is in favour of stopping up loopholes — this was its contribution to the budget debate.......

Tremors At The Treasury

I AM NOT surprised that the Treasury is falling down. As Sir Terence Burns, its Per- manent Secretary, says, it has taken a bash- ing. Besides, it hates to spend money on......

City And Suburban

Come back, rancour, come back, asperity the political economy needs you CHRISTOPHER FILDES O ne week's truce, and then normal service can resume — what F.E. Smith defined with......