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UK: BCCI - a degree of hindsight.

UK: BCCI - a degree of hindsight. - If someone were to give degrees in wisdom after the event, this summer's graduation list in BTYS (Banking-Told-You-So) would run to several telephone directories. Since the Bank of England closed the doors of Bank of C

UK: How even are those honours?

UK: How even are those honours? - The justification for Britain's honours system - sometimes dismissed as an anachronistic absurdity - is that it is a remarkably cost-effective way of rewarding those who give outstanding service to the nation.

UK: Time for British industry to copy the Japanese.

UK: Time for British industry to copy the Japanese. - The quick profit syndrome has to go if the UK is to prosper, says Roger Eglin.

UK: Recession - the shape of things past and the hope of things to come.

UK: Recession - the shape of things past and the hope of things to come. - David Smith recommends a middle course between hope and the encircling gloom.

USSR: The West must learn the lesson of a wicked month.

USSR: The West must learn the lesson of a wicked month. - Dr Kissinger had the right reaction to the Kremlin coup and it remains valid, writes Peter Wilsher.

UK: Profile - Mick Newmarch, chief executive of Prudential Corporation.

UK: Profile - Mick Newmarch, chief executive of Prudential Corporation. - Chris Blackhurst goes the distance with the Pru's new chief executive.

UK: Why Britain can't afford the City.

UK: Why Britain can't afford the City. - The British financial system is the single most important reason for our economic decline. Yet change is unlikely, says Will Hutton.

UK: Whisky galore at Glenfarclas.

UK: Whisky galore at Glenfarclas. - Liquid gold flows at Glenfarclas, after five generations of prudent Scottish management. Charles Darwent paid a visit.

UK: N Brown's outsize appeal.

UK: N Brown's outsize appeal. - Its products may not be the height of fashion but its marketing skills are right on. Nigel Cope talks to the astute mail order company N Brown.

USA: Hard times for the family Krok.

USA: Hard times for the family Krok. - "No more stubble. No more trouble" ran the Epilady ad. But for the Kroks, the 1990s have been all trouble. Matthew Heller reports.

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