Sir Paul Tucker told Radio 4 this morning that highly-paid investment bankers twiddling their thumbs during the crisis driven deal drought should go to work in the high street branches.
When asked by Mishal Hussein if was there anything he would be doing differently if he were in a policy making role today Sir Paul said:..
Splashed across the front page of the venerable Financial Times is a "scoop" generated by an interview with Mark Carney, the guvnor of the Bank of England, by Lionel Barber, the outgoing editor of the paper.
It's a brilliant interview to land but just a shame that Mr Carney trots out so many statements of the obvious, such as "it's generally true that there's much less ammunition for all the major central banks [to fight recessions] than they previously had"...
Followers of my work might have noticed a piece in this weekend's The Sunday Times quoting Peter Hargreaves, the billionaire founder of Hargreaves Lansdown, with his views on where stock markets might go next given they are flirting with record highs. Below is the link in case you missed it:..