Though Cowards Flinch

Steve Barrow, currency strategist, Standard Bank, in the FT:

[I]t’s the financial markets that have the power to strain governments and so bring about change, not the unions and the electorate.

Well, at least we know where we stand.

The picture above?  Oh, that’s 20 Gresham Street, London EC2V JVE, home to Standard Bank in the UK. According to the brochure, the building ‘creates an unparalleled corporate statement’.

Just like Steve Barrow, then.

(h/t: my old mate Garry)