King Holds His Own

Mervyn is coming over as calm, collected and straight forward. He said something interesting about the Treasury guarantee, or rather the form of words used about it was interesting, “my understanding…as far as I know”, signalling that he was not the author of, or privy to the details.

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Quote of the Day

“Authoritarian? I wouldn’t actually describe the PM as being authoritarian because she doesn’t exactly have a lot of authority at the moment.”

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