Gillian Tett looks beyond yesterday's Today item on "jurisdiction shopping" by banks. She warns there is an unintended consequence of the current worldwide desire to bash the bankers. Legislators in key countries are busy unilaterally changing internationally-agreed rules. Unfortunately, Tett says, this makes it more likely that practices illegal in one country but legal in another will be used to cover up looming catastrophes in the capital markets.
As I walked away from Stamford Bridge this afternoon having watched Chelsea beat Stoke City 2-0, my mind was already racing ahead of me.
Would we get Tottenham in the semi finals or would we have to wait until the final?
I switched on Five Live, made my way home and found out that it would be the latter. A semi final against Martin O’Neill’s talented Aston Villa stands between Chelsea and back to back FA Cup finals.




