Ken's column: Armageddon out of here!
08 Jun 2016
Isn’t it ironic that, at a time when Tata Steel is tottering and BHS is put into administration, the Financial Conduct Authority (FCA) should launch a consultation paper on how financial firms should plan for their own demise?
In the case of Tata Steel, we can also see that if you are big enough (and the government is desperate enough) things such as pension fund liabilities can potentially be made to disappear.
To read Ken's article in full, please click here