During the chancellor's pre-Budget report and the opposition's response, there were alternate gasps of disbelief and jeers of contempt across our trading floor. It's utterly bewildering how our political system has managed to put such innumerates, however well-meaning, in charge of our economy.
I, like many of my City brethren, am a politician's nightmare. I'm a free-thinking, floating voter so I won't cast one party in good light and another in bad. They all have their failings, although the real issue is bigger than any one party. Nothing that was said will really make any difference, because the underlying problems remain and this is why so many City folk view politicians as an amusing but mostly irrelevant side-show. Some colleagues were pounding their desks in despair.
Thursday, 27 November 2008
Measured, reasonable comment from a City boy
From the Beeb's City Diaries section, here's 'Stephen' on the PBR: