Shriti Vadera

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Andrew Bailey:  said he was honoured   to take over from Mark Carney as head of the Bank of England, ‘particularly at such a critical time for the nation as we leave the European Union’.  Photograph: Simon Dawson/Bloomberg

Britain’s new government named Andrew Bailey as the next Bank of England boss on Friday, entrusting one of the City of London’s most experienced regul(...)

The City of London: it will argue that because the UK is the biggest export market for the rest of the union it should be able to negotiate a beefed-up version of Switzerland’s arrangement. Photograph: iStock

The City of London has given up hope of universal access to the EU single market and is now seeking a bespoke deal for its different sectors to trade (...)