Live coverage as head of City regulator chosen to lead at Threadneedle Street
- Full story: Andrew Bailey appointed head of Bank of England
- UK consumer confidence increases with better long-term prospects expected
9.01am GMT
Why has the process taken so long?
It was a carefully considered process, Javid says. I would have made an appointment earlier but felt it was a decision to be made by a new government, Javid says.
8.59am GMT
Now a brief Q&A.
Was Brexit a factor?
Continue reading…Live coverage as head of City regulator chosen to lead at Threadneedle StreetFull story: Andrew Bailey appointed head of Bank of EnglandUK consumer confidence increases with better long-term prospects expected 9.01am GMTWhy has the process taken so long?It was a carefully considered process, Javid says. I would have made an appointment earlier but felt it was a decision to be made by a new government, Javid says. 8.59am GMTNow a brief Q&A.Was Brexit a factor? Continue reading…