FILE PHOTO: Chief Executive of the Financial Conduct Authority Andrew Bailey speaks at a press conference at the Bank of England in London, Britain February 25, 2019. Kirsty O'Connor/Pool via REUTERS/File Photo
“We have an opportunity to move forward and rebuild our economies, post-COVID, supported by our financial systems,” he said. “Now is not the time to have a regional argument.” Rules for the financial services industry had to adapt as the world changes, Bailey said. But he ruled out a sudden easing of rules in Britain after its exit from the EU, as sought by some in the industry.
LOL, he is biting at the hand that feeds him and he does not even realise it.
Bailey seems to be a Cameronite pet of previous Tory front benchers - a worrying situation.