The Share Signals That Herald a Hard Time Ahead ; City Comment
Evening Standard - London › October 18, 2005
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Summary
HOW Chancellor Gordon Brown must envy Sir Andrew Large, the Deputy Governor of the Bank of England who surprised us all with news of his resignation yesterday.
Large is the man with responsibility at the bank for financial stability and identifying risks to the financial system, so he more than most must be conscious of the fact that there are some nasty- looking clouds in the distance. His imminent departure means that if something unpleasant happens it won't be on his watch.See the full content of this document
Extract
The Share Signals That Herald a Hard Time Ahead ; City Comment
The Chancellor may have had similar thoughts when he first plotted his departure from No 11 - but in his case it has not worked out. Yesterday the Item club was the latest economic forecasting group to sound a warning about Britain's declining ec...
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