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Bank of England governor Andrew Bailey warns MPs: Don’t weaken our independence
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fnlondon.comBank of England governor Andrew Bailey has urged politicians not to dilute the bank's independence as parliament prepares to debate a landmark overhaul to post-Brexit regulation.
The Financial Services and Markets Bill was introduced right before the summer recess, giving the government greater oversight of the UK's finance watchdogs as it lays the groundwork to axe swathes of legacy EU law in a bid to boost the City's growth and competitiveness.
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