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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