Property financier Strategic Finance gave its 20,000
investors some good news yesterday with the announcement of a
management buy-out backed by BOS International, a subsidiary
of Halifax Bank of Scotland.
The Reserve Bank has a
policy targets agreement with the Government to keep
inflation between 1% and 3%. Inflation is now running at 4%
and likely to hit 5% in September. Business Editor Dene
Mackenzie wondered whether the central bank should be
censured for not doing its job.