In the dim and distant past when studying law for my banking
diploma, I came across an 1892 case involving the "carbolic
smoke ball". The case concerned the manufacturer of a flu
remedy that advertised a £100 award – not be sniffed at
now (if you'll excuse the pun) and a very considerable sum at
the time – to any customers who found that it did not work.
Inevitably litigation followed. I was told then that I would never
forget this case – and I never have. It taught me to be
sceptical of any claims or advertisements that I read in a
newspaper.
So I can almost hear the inward groan even as I write the
phrase, "Our financial place in Europe". But relax, dear
reader, this is not going to be another piece advising you how
important it is to vote to remain in the European Union. Or
conversely how important it is to leave. That choice, after all, is
yours and the result of the imminent "Brexit" Referendum
on 23 June is keenly awaited all over the European Union, not
