Summary
ONE of the great strengths of the City since its earliest times has been its independence from Government. It may be only a couple of miles from Guildhall to Whitehall but it might as well have been an ocean for the gulf in attitudes between the two centres of power.
There were good reasons for the detachment. The bankers in the City were there to lend money, but successful lending depends or certainly used to depend on stable long-term relationships and trust between borrower and lender.See the full content of this document
Extract
City Is Loser in Action On Iceland
From the earliest Victorian times, when their overseas customers saw inconsistency in Westminster they could match it a...
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