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GFC

  • Andrew Bailey: Regulation is not hampering growth

    Economics

    Bank of England governor Andrew Bailey has warned of the dangers associated with paring back financial regulation, in a speech in which he also denied that the abundance of red tape foisted on the financial sector after the Great Financial Crash had impeded economic activity. Addressing the Klass Knot Farewell Symposium, Bailey, who was recently [...]

    Andrew Bailey, Governor of the Bank of England, used his speech to stress the importance of effective regulation. Credit: Henry Nicholls/PA Wire
  • Lord Mayor: ‘Schizophrenic’ City needs more positivity

    Business

    The City of London is suffering from a bout of “extraordinary schizophrenia” that has left it devoid of confidence at a time when other markets still view it as one of the world’s eminent financial centres, the Lord Mayor has said. In one of the last speeches he will make in post before his term [...]

    Writing for City AM, the Lord King said he had urged the UK’s biggest employers to “prioritise long-term investment value over headline costs”. (Photo Credit: Ray Tang Media)

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