The Express, October 13, Sir Iain Duncan Smith MP
The critical rule of communication is about knowing when not to speak as it is in knowing what to say.
In that context I was surprised to hear the Governor of the Bank of England’s comments on Tuesday night speaking of a Friday withdrawal in the bank’s temporary market stabilisation which predictably triggered a market flash-drop all of their own.
Previous Governors have been far more careful than Mr Bailey never to say anything capable of spooking the city.
Such was the fear of yet more disruption that Bank of England officials spent yesterday anonymously disavowing what the Governor had said.
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