20 JULY 1991, page 21

City And Suburban

The Bank of England, the Bank of Cocaine, and the box marked 'No publicity' CHRISTOPHER FILDES S hock exclusive: there are more than 500 banks licensed by the Bank of Eng- land,......

Summit Up

THE good news from the economic sum- mit is that the world's leaders forecast growth and agreed on anti-inflationary policies. The bad news is that they said the same thing last......

Flat Footed

YOU would think (but I don't) that ministers might learn. Amid loud cheers, they propose to jam their thumbs into the machinery of the housing market. Previous scars,......

Water On The Brain

WELL, old chap, how shall we advertise Telecom? With the Piping Poof? No, no, we're trying to sell shares, you remember. The Government's unloading another £10 billion worth in......

Worrying The Cbi

THE daftest contribution to the BCCI affair comes (but you guessed it) from the Confederation of British Industry. It wor- ries about the banking scene — but not about a major......