Any Other Business - 08/08

Mark Carney Watch was on red alert yesterday, as the new Bank of England governor gave his much-anticipated inflation report. And bookmakers didn’t waste any time releasing odds on when Carney would break his own forward guidance policy. Bookies Ladbrokes gave the governor 1/3 to renege before his term finishes (Carney won’t be too worried: that’s two years after his guidance period ends). Those looking for a longer punt could bet on who would replace Carney, should he leave. Those picking chancellor George Osborne would be in for a big payout, with odds of 66/1 given yesterday.”


■ They say what goes around, comes around. And that old saying is certainly proving true for ex-RBS banker Brendan O’Shea. The former City slogger left the Square Mile just before the financial crash to start his own firm Just Clear, which offers office clearance. O’Shea, who was in the Square Mile shredding confidential paperwork for a down-sizing bank only last week, told The Capitalist that colleagues thought he was crazy at the time for throwing in the towel. However, it seems the office clearance business has been booming since 2008, and so when he was looking to expand the firm, who did he hire? Two former colleagues from RBS who had been made redundant.