The City has faced challenges since the UK’s departure from the EU
(Picture: REUTERS)Andrew Griffith the newly-appointed financial secretary to the Treasury, former Sky senior executive and Rothchild investment banker has been appointed City minister by Prime Minister Liz Truss.
He will attempt to push through reforms in parliament through the Financial Services Bill, and will oversee actions by the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA), changes to Solvency II and promote the City’s competitiveness in the global market after Brexit.