Andrew Bailey’s ‘slow and steady’ rise to power
Image copyright Reuters
After a lengthy search for the next Bank of England governor, the Treasury has gone back to the candidate it first thought of.
As far back as June, Andrew Bailey was being spoken of as the favourite for the job.
However, his time as head of the City watchdog, the Financial Conduct Authority (FCA), has been marked by a number of high-profile controversies.
These included…