[captainnemo]

The current Chancellor of the Exchequer is by training a lawyer, his predecessor was a professional politician, his predecessor was originally trained as a barrister, the one before that was Norman Lamont who had actually worked in finance (and he gets blamed for the financial disasters of the early 90s) so the question of expertise at the top is slightly moot.

It will be interesting to see what the status of NR actually is in 6 months when all the fuss has died down and various heads of banks have stopped rolling (Citibank is apparently the latest...)