13 JULY 1991, page 23

No Sums At The Summit

IT IS rude of Mikhail Gorbachev to burst in on the London Economic Summit and talk economics. That, as he ought to realise, is not the idea any more, for it led to argument, and......

Ready But Rough

IF YOUR bank shuts its doors on your money, you can get some of it back from insurance. This is the Deposit Protection Scheme. All the banks are required to chip into its fund,......

City And Suburban

The Bank of Cocaine and Colombia adds a new terror to recession CHRISTOPHER FILDES Commerce International, (Lord Cal- laghan? Sheik Zayid? Manuel Noriega?) It was the world's......

Spot The Shudder

SO IF everyone knew about BCCI — or everyone except its luckless depositors why did no one do anything about it? The Bank of England was leery from the beginning, and wrote a......

Taking Notes

HOW to reward the Governor of the Bank of England? His modest increase in his modest salary was blown up to make him look like a gasman — boding ill for the rather larger......