'Disappointed in his hopes of becoming one of the four executive directors of the Bank (of England),' writes Taylor, 'Raw was promised the IIB succession . . .'
He continues: 'Raw was typical of the 'British imperial servant' . . . Small and wiry, he never wore, as I remember, anything but a pinstriped suit and an old Etonian tie so faded and dirty that it looked more like a bootlace.'
Raw has since died but his son Charles, himself a distinguished business journalist, is hopping mad. 'My father was offered a directorship of the Bank of England but turned it down.'Reuse content