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Andrew Bailey appointed as new Bank of England governor

Andrew Bailey appointed as new Bank of England governor

Business
Andrew Bailey has been appointed as the next governor of the Bank of England.Mr Bailey, aged 60, is currently chief executive of the Financial Conduct Authority (FCA), the City watchdog.He will become the 121st governor of the Bank of England on 16 March, taking over from Mark Carney, and will serve a full eight-year term.The search for the new governor began in April and Mr Bailey, who spent more than 30 years at the Bank, was seen as an early favourite for the job.However, the FCA has faced criticism in recent months over its regulatory scrutiny of the flagship fund of one of the UK's best known money managers, Neil Woodford. The fund was suspended in June and eventually closed, with investors expected to lose large sums of money.In addition, the FCA's ...
Andrew Bailey to succeed Mark Carney as Bank of England governor

Andrew Bailey to succeed Mark Carney as Bank of England governor

Business
By John-Paul Ford Rojas & James Sillars, business reporters Andrew Bailey, the chief executive of the Financial Conduct Authority (FCA), is to succeed Mark Carney as governor of the Bank of England following a further extension to his tenure.The Treasury confirmed that Mr Bailey, who is 60 and previously worked at the Bank for three decades, will take over when the Canadian leaves on 15 March. Mr Carney had been due to step aside on 31 January after twice agreeing to remain in post for longer than planned because of the potential for Brexit disruption last year. Image: Mark Carney has held the role of governor since 2013 The latest postponement was to ensure a smooth transition...
Prince Andrew accuser asks public to ‘stand beside her’

Prince Andrew accuser asks public to ‘stand beside her’

World
Media playback is unsupported on your device A US woman who says she was brought to Britain aged 17 to have sex with Prince Andrew has implored the British public to "stand beside her" and "not accept what has happened to her".Virginia Giuffre, one of convicted sex offender Jeffrey Epstein's accusers, says she was trafficked to London by Epstein in 2001.She describes how Epstein's girlfriend told her what "to do for Andrew".The prince has "categorically" denied any sexual contact with Ms Giuffre. Media playback is unsupported on your device Virginia Giuffre, formerly Virginia Roberts, has given her first interview for British television as part of a special hour-long Panorama. Her interview includes her account...
Coronation Street and Butterflies actor Andrew Hall dies aged 65

Coronation Street and Butterflies actor Andrew Hall dies aged 65

Entertainment
Andrew Hall, known for his roles in Coronation Street and BBC show Butterflies, has died aged 65. The actor-turned-director, who has enjoyed a varied career, died on Monday after a short illness.Mr Hall first made an appearance on television screens playing Russell in well-loved sitcom Butterflies from 1978 to 1983, before appearing as Marc Selby in Corrie in 2011.He appeared in a number of UK soaps including Eastenders, Brookside, Hollyoaks and Casualty, and most recently played the Gentleman in sci-fi series Blood Drive. Related Articles A tweet from his management group InterTalent Rights said: “It is with deep sadness that we announce the passing of our client and friend Andrew Hall who sadly passed away on Monday after a short illness.“Andrew was loved by audiences for hi
Indianapolis Colts' Andrew Luck admits injuring shoulder while snowboarding

Indianapolis Colts' Andrew Luck admits injuring shoulder while snowboarding

Sports
Indianapolis Colts quarterback Andrew Luck admitted that the second shoulder injury he sustained occurred while snowboarding during the 2015-16 offseason. Luck told the NFL Network that he sprained the AC joint in his throwing shoulder in a snowboarding accident in Colorado. The injury, the 28-year-old said, came after -- and was separate from -- the torn labrum he sustained early in the 2015 season. The labrum tear resulted in surgery and cost Luck all of the 2017 season. Luck said he immediately told the Colts about the snowboarding injury. "This was after the initial injury," Luck said, via the NFL Network. "I went back, rehabbed it with the Colts. I've had a bunch of AC sprains, both left and right shoulder, and resolved that issue. But the labrum has been my issue, was my issue,...