Imagine we were facing a potential banking crisis, an economy about to collapse, and as a result a very uncertain financial future… wait, there’s no need to imagine. Anyway, in that terrifying scenario what’s the one meeting you almost certainly wouldn’t want to hear was taking place?
Well, there’s a fair chance you wouldn’t want to hear that the heads of the leading UK banks were meeting with the governor of the Bank of England to request reassurance that financial assistance will be provided if needed.
It’s a good job that’s not happening then…