Barclays is the Bank That Lived A Little, in Philip Augar’s brilliant chronicle of decline from one of the world’s most valuable banks to a battered shell. From its peak of £7 in 2006, the share price had fallen to £2 in 2017 when the book was published. He tracked the dozens of non-executive directors, the constant changes of direction and the political infighting. It’s a great read.
There are two sides to every story, even the sorry tale of Thames WaterÂ
Chairman Sir Adrian Montague is not the one who profited off mismanagement. He was called upon by the government to take the poisoned chalice.
