Another day, another high-profile vacancy in public sector banking. This time, the Government is seeking a successor to Paul Spencer as chairman of National Savings & Investments, the state-owned bank that's an executive agency of HM Treasury.
"NS&I occupies a unique position in British public life," the job ad entices - which is one way of looking at it. Sadly, banks controlled from 1 Horse Guards Road are now decidedly less unique than they once were.
Monday 24 November 2008
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