UK investors must view another terrorist attack on the City as a matter of when rather than if, according to a senior police officer quoted in today's Financial Times.
James Hart, commissioner of the City of London Police, has told the FT “hostile reconnaissance” has been carried out several times since late September 2001, adding such activity usually precedes attacks on specific targets. In the case of the City, it is likely to be buildings or areas which will cause maximum disruption and loss of life, Hart says. City firms also face flak, however, for not putting in place sufficient contingency plans, although business lobby groups state it is more a question of resources available for small and medium-sized firms, the FT writes. THE RUSH by p...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes