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ALEX BRUMMER: Brexit must be launch pad for global UK - Vimarsana News

ALEX BRUMMER: Brexit must be launch pad for global UK

Among the most critical roles in government as Britain embarks on its new global journey is the job of Business Secretary.  Whether Alok Sharma remains in place, or there is a new incumbent, the historically sub-octane Department for Business, Energy and Industrial Strategy (BEIS) will be responsible for firing up a fresh approach to technology, innovation and climate change.  It must recognise the importance of science, R&D and our great research-based universities. All will be central to the cause if the Government is going to fulfil the vision of a thriving UK outside the EU.  Flying th...

RUTH SUNDERLAND: FCA watchdogs need to wake up - Vimarsana News

RUTH SUNDERLAND: FCA watchdogs need to wake up

The failings of City watchdogs is not a tremendously festive subject, but it is an important one. Andrew Bailey, the Governor of the Bank of England, has been in the firing line over the collapse of a firm called London & Capital Finance, which went under while he was chief executive of the Financial Conduct Authority (FCA) regulator, leaving 11,600 victims out of pocket for £237million. Much more dangerous for Bailey is the Neil Woodford affair: the disgraced investment manager’s funds were frozen on his watch.  Bank of England governor Andrew Bailey has been in the firing line over the ...