Wednesday, 19 November 2008

Sign of the Times

As thousands of City types lose their jobs, at least they can console themselves with moves into the UK's one major growth industry - the public sector.
Job ads in the Business Leaders section of today's FT ask for non-execs of the UK Financial Investments Ltd - effectively Britain's sovereign wealth (sic) fund which manages stellar investments such as Northern Rock and Bradford & Bingley - while there are more part-time directors required at the Tote, the state-run bookmaker.
It's a sign of our (Financial) Times.

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