December 04, 2012

But FT, are you now not happy with ECB wanting to shrink the City?

Sir, you seem to be complaining about ECB wanting to shrink London´s importance as a financial center, “Trading places, the City and the ECB” December 4.

You have me a bit confused, was that not what you wanted to happen? In your editorial “Gain the advantage” of November 16, 2009 you certainly seemed not mind the City shrinking and on May 22, Martin Wolf, in “Why Britain has to curb finance” spoke about UK regulators having “an influence on the world economy out of proportion to the country´s size”.

Change of hearts eh? Or is it that you suddenly remembered your name?