The Future of the Bank of England—A Silver Lining? is a timely and absorbing scrutiny of one of the UK's greatest institutions, its past, present and future. The Bank's immediate priorities are, firstly, to rebuild a warm, friendly face-to-face relationship with the rest of the UK financial sector, particularly with the lead banks. Secondly, it must develop a more robust mechanism for restraining inflation and to provide a sound basis for a sustained economic rebound. A longer-term objective is to remain a major player in the global restructuring of the financial markets. Already the Bank provides valuable training and technical consultation services for over 100 other central banks worldwide.