A Car of One’s Own
Andrew O’Hagan: Chariots of Desire, 11 June 2009
“... Bank of England was ‘in pole position’ to help the car industry. Mervyn King believes it is a matter for government, not the Bank, to come to the aid of ailing industries, and the Bank immediately began briefing against the notion that it should do more: it is not ‘commercially viable’, they said, objecting to Mandelson’s characterisation of the ... ”