7 MARCH 1998, page 24

Steering Trouble

MESSAGES smuggled out through the wire round HM Treasury confirm that (as I was saying last week) Gordon Brown and his warders are experiencing difficulties of their own making.......

Sans Peur Et Sans Reproche

THE CITY'S old order changes, and one by one the mighty names of merchant banking fade away. This week sees the last of Hambros Bank, peacefully, in its 158th year. Societe......

Splashing Out

AS THE banks and insurers eye one anoth- er greedily, Sir Angus Grossart eyes them askance. 'Vast impersonal conglomerations are created in the financial sector' — so he tells......

City And Suburban

Beautiful insurance company by the silvery Tay, I am sad to say you've been taken away CHRISTOPHER FILDES L ce the poet William Topaz McGona- gall, the General Accident Fire and......

The Golden Yonder

THE STOCK markets of London and New York march onwards, and a friendly gold bug floats in with a riddle. How much gold, he asks, would you need to buy every share in the Dow......

Raiding The Rails

IN THE green Devon hills, a puff of white smoke signals the presence of the Dart Val- ley Light Railway — but who is this masked figure galloping alongside? Can this be a......