LONDON, ENGLAND - NOVEMBER 25: Original engraved signage is displayed over an entrance to Royal Mint Court, the proposed site of China's new UK embassy, on November 25, 2024 in the Tower Hamlets borough of London, England. The fate of China's proposed new embassy complex at Royal Mint Court, a historic site near the Tower of London that it bought in 2018, is now in the hands of government ministers after the rejection of its original planning application by Tower Hamlets councillors in 2022. The council had cited potential impact on the Tower of London and the residents of neighbouring Royal Mint Estate. The British PM and Chinese Premier discussed the proposal in a face-to-face meeting at last week's G20 summit. (Photo by Carl Court/Getty Images) The government must be bold and reject the Chinese super embassy, says Mark Wheatley
The best of our leaders have become increasingly demoralised; the worst of them seem irresponsible or addicted to dissembling and deceit. Our large corporations and ministries all too often seem purposeless; partial and immediate interest trumps longer gain. In the City, ‘risk appreciation’ became ‘risk aversion’ and is now, arguably, ‘diligence aversion’.
Many leaders are obsessed by the risk of policy or tactical mistakes. They fear decisions and end up counting beans while they bleed to death. Cowardice and cupidity reign – enterprise........
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