The Financial Times edition on Saturday, 15 November 2008 featured quotes from Dr. Paul Woolley.
Something Big In The City
By Jonathan Ford
The enormous growth of the financial sector is one of the wonders of our age. In the 1960s the business of banking, broking and insuring accounted for just 10 per cent of corporate profits in most developed economies. By 2005, this had swelled to nearly 35 per cent in the US and roughly the same in Britain, the two countries that host the world's largest financial centres.
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