Sir Jasper Hollom, who has died aged 96, was the deputy governor of the Bank of England and chairman of its “Lifeboat” committee which successfully steered the City through the secondary banking crisis of 1973 to 1975.
Like his mentor Leslie O’Brien (later Lord O’Brien of Lothbury), Jasper Hollom was unusual in his generation for having risen from the lowest to the highest ranks of the Bank, which he joined as a teenage clerk in 1936.
Two in that generation might have been unusual. But in this it would be entirely unthinkable. Meaning that it’s not entirely obvious that social mobility has improved given that we’ve abolished the even possibility of those with ability working their way up in this manner.
Got to have a degree these days, just as one example.