Bank boss warns EU over ‘very serious escalation’ in financial services grab

Bank of England boss Andrew Bailey has fired the latest salvo in the tug of war with the EU on financial services, warning it would “resist very firmly” any move to seize control of the lucrative euro derivative trading market (Tolga Akmen/PA)
Bank of England boss Andrew Bailey has fired the latest salvo in the tug of war with the EU on financial services, warning it would “resist very firmly” any move to seize control of the lucrative euro derivative trading market (Tolga Akmen/PA)