…..we could accept the fallibility of the human spirit without having to launch Inquiries every time it demonstrates itself. Quite how the Reverend Flowers was appointed as Chairman of Co-op Bank when he had no relevant experience is certainly a question that needs to be asked and no doubt the police need to spend months and millions investigating his alleged drug offences (although I doubt they would if he was simply Joe Public). But, for heaven's sake, let's not spend vast amounts of money that we don't have setting up a Public Inquiry to tell us what is blindingly obvious. Someone messed up. It happens and whatever the outcome of the Inquiry one thing is certain - it will happen again.
So, Chancellor, can't you just get one senior and experienced banker to look at it, tell you where the cock-up occurred and then take appropriate action. In the business world we would have that done and dusted in a week! But then in business we understand the frailty of the human spirit and the futility of thinking that mistakes don't happen - move on!!!
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