Magazine article The Spectator

A Popular Win as the City's Farmers and Truckers See off the McKinseyite Nannies

Magazine article The Spectator

A Popular Win as the City's Farmers and Truckers See off the McKinseyite Nannies

Article excerpt

Grangemouth has come to the City, says the merchant banker happily. The farmers and truckers have won and the McKinseyite nannies have got their comeuppance. We know best, so they all tried to tell us, we have breakfast with Tony, so do as we say.... At this point he develops the giggles and has to be revived with a glass of champagne. The populist revolt has some unlikely supporters. The Stock Exchange's rank and file refused to let Don Cruickshank, their new chairman, tell them what was good for them. Instead they put their hands up for ousting him and forced the resignation of his hapless chief executive. Mr Cruickshank is a leading McKinseyite a member, that is, of the old boys' club of McKinsey, the ubiquitous consultants. He arrived in the spring, fresh from heading the government's task force which urged us all to get our systems ready for the year 2000. …

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