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The Bank of England looks after small businesses

The Bank of England looks after small business… or so we are allowed to believe. However, let’s have a look at the bank’s financial policy committee and who sits on it. If you look at the CVs of the members you will be impressed. They are all successful, intelligent and decent people. However, they have one common denominator; they have no experience whatsoever relating to the establishment, operation and development of a small business. I am sure you’ll agree that specific experience in a specific field (ideally accompanied by a successful track record) might be more useful for small businesses.

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