Summary
Those of us above a certain age will have fond memories of The Brothers, a television serial about boardroom battles at a haulage company, enlivened by the odd spot of adultery. Brotherin-chief was Ted, played by the late Glyn Owen.
As both chairman and managing director, Ted held the casting vote if ever the four-strong board This week, Bank of England Governor Mervyn King steps into Ted's shoes and finds himself in the agreeable position of having two votes on the Bank's Monetary Policy Committee while the other members have only one.See the full content of this document
Extract
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True, the MPC would have to be divided 50:50 on its interest rate decision before King would be able to use his second vote. And such high...
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