The Courier & Advertiser (Fife Edition)

Self-interest of City gamblers

-

Sir, - The alleged fiscal piracy of Sir Philip Green in connection with the collapse of BHS, is nothing new for the money men. When I worked in the City in the 1970s I sat in on many a merchant bank meeting where companies were bought and sold, their assets disposed of to release cash, and lifetime employee careers ended as a side effect.

But nothing was said in those days, and the people who perpetrate­d these atrocities were even regarded as heroes.

I am pleased to see their self-interested actions are now properly questioned. The City and its tacky cohorts are, generally speaking, in the same league as the operators of a rigged roulette wheel. Malcolm Parkin. Gamekeeper­s Road, Kinnesswoo­d, Kinross.

The line from Perth to Crieff and Comrie was, I believe, closed long before the Beeching recommenda­tions so why would they think it is any more viable now?

Newspapers in English

Newspapers from United Kingdom