Too good to be true?

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“In fiction the accuracy and coherence of the imaginative narrative must be strong enough to impart a vision of truth to the reader.” Peter Ackroyd.

Apparently the same does not apply to finance, which is finally facing up to the idea that some things actually are too good to be true. Or tobacco, where cigarette companies are only now being forced to admit that “light” cigarettes are just as likely to kill you as the full-fat version. Or government, where the latest Department of Transport efficiency programme has managed to save £57m … at a cost of £81m.

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