Live coverage as head of City regulator tipped to return to lead at Threadneedle Street
You might be familiar with the name Andrew Bailey if you pay close attention to your cash: his signature used to adorn bank notes that were printed when he was chief cashier at the Bank of England. Now his name is expected to adorn the door to the governor’s office.
The Financial Times (£) on Thursday night reported that a decision to appoint Bailey had been made, and is expected to be made this morning.
Chancellor Sajid Javid to make announcement at 8.45am this morning regarding #BankofEngland governor