Martin Vander Weyer

Taking a stick to the City hasn’t worked, so why not try knighthoods as carrots?

It hardly came as a surprise that there were no knighthoods for bankers in the New Year honours list, and that even the blameless Lord Mayor of London, Ian Luder, received only a CBE, leaving him the first City alderman without a handle for 55 years — apparently as punishment for having spoken in favour of bonuses.

• From magazine issue: 09 January 2010