What impact will Professor John Kay's review into ways of improving city behaviour have on the UK financial sector?
The worst that could happen is that vested interests and a distracted media will give it an indecent burial in the long grass. The best to be hoped is that this painstaking product of a commonsensical son of Edinburgh maths teachers will exude powerful but low-key influence in a market that – we have to believe – secretly yearns for a benchmark of decent, sensible and mutually beneficial behaviour.
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