During the past year or so it seems as though anyone remotely connected to the finance industry, mainly bankers and hedge fund managers, have taken ‘one hell of a beating’ from all the uneducated pundits in the press and on television.

Unfortunately TCE thinks this is just another example of the cheap points, column inches, and pounds Sterling, gained by all the ‘Robert Peston’ types in media. Clearly the art of being a ‘Robert Peston’ is to say nothing original or meaningful, and to write a backward looking, rather than a forward looking commentary.

TCE wonders what the ‘Robert Peston’ types will have to say once Downing Street has no use for them and the puppeteer’s hands are finally extracted.