Banking & finance

Remnant, James, (Lord) National Life Stories: City Lives (6 of 26) National Life Stories: City Lives

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The British Library Board acknowledges the intellectual property rights of those named as contributors to this recording and the rights of those not identified.
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  • Type

    sound

  • Duration

    00:28:53

  • Shelf mark

    C409/118

  • Subjects

    Banking

  • Recording date

    1993-16-12, 1994-08-02, 1994-02-03, 1994-22-03, 1994-14-04, 1994-24-05, 1994-01-06

  • Is part of (Collection)

    City Lives

  • Recording locations

    National Provident Institution offices, London

  • Interviewees

    Remnant, James, (Lord), 1930-, (speaker, male)

  • Interviewers

    Courtney, Cathy, 1954- (speaker, female)

  • Abstract

    Part 6 (tape 3 Side B): Business ethics cont. JR's time on Take Over Panel. Description of Touche offices when JR first joined cont. Early days with firm. Canteen audits of Balfour Beatty. Asking Douglas Baker what a profit and loss account was. Correspondence course. No formal training as now. Difference in background of man, Douglas Baker, who was slightly senior to JR when first joined, friendship which has lasted for 40 years despite fact that still don't see one another socially. Details of auditing work. Exposure to fraud. Shock not to have responsibility. Overtime pay. Joined Touche in August 1950. Shared flat with friend from Coldstream Guards also training to be accountant, later back into Guards. JR had uncle who was an MP, lived in uncle's mews house in basement room. Domestic life. Rule not to spend more than two evenings a week at parties. Allowance from father. Details of London `season'. Married Serena when she was 21, JR 22, engaged for a year. Social life 1951/2. 

  • Description

    Interview with James Wogan Remnant, 3rd Baron Remnant, Director of the Bank of Scotland (1989–1996).

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