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Lack of risk taking in the City threatening the economy, warns Andrew Bailey

Lack of risk taking in the City threatening the economy, warns Andrew Bailey
telegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraph.co.uk Daily Mail and Mail on Sunday newspapers.

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Brexit gives us the chance to refit our financial regulation for the 21st century


Brexit gives us the chance to refit our financial regulation for the 21st century
The City sits to the right of a London sunrise (Photo by Christopher Furlong/Getty Images)
Britain’s departure from the European Union has created a unique opportunity to re-shape our regulatory framework for financial services; setting the sector up for continued success in the years to come and maintaining the UK’s position as a globally competitive financial centre.
With Brexit complete – and many regulatory powers returning to the UK for the first time in decades – it is crucial that we now get the new framework for financial services regulation right.   ....

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The City's Big Bang 2.0 might well be green-powered


The City s Big Bang 2.0 might well be green-powered
Andrew O’Brien is director of external affairs at Social Enterprise UK, which represents over 100,000 British businesses.
LONDON, UNITED KINGDOM - JANUARY 31: A supermoon rises behind St. Paul s Cathedral and skycrapers on January 31, 2018 in London, United Kingdom. The super blue blood moon is a rare combination of a supermoon, a blood moon and a blue moon all simultaneously occuring. (Photo by Chris J Ratcliffe/Getty Images)
In the Chancellor’s recent interview with
City AM
, Sunak said he was confident that Brexit could lead to a new wave of innovation in the City of London and the UK seeing a ‘Big Bang 2.0’. ....

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