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Spotlight: Wise Investment
When Tony Yarrow walked into his local Chipping Norton branch of Barclays Bank in 1992 to set up a business account, the manager asked him what he was going to do. "Investment management," said Mr Yarrow. "I shouldn’t think there’s much call for that around here," the Barclays manager replied.
"The consensus is that all the growth is in the East and all the debt is in the West, so the conclusion is that you should invest in the East," he says. "But the best time to invest in anything is when it's gone through a period of adversity. There are some incredibly strong companies in the West that have got through the last few years and will survive. That's not priced in."
