Opinion  

Repent at leisure?

Grapevine one

So it transpires that the appointment of Andrew Bailey was a bit of a last-minute enterprise.

Speaking to the Financial Times, the day after the announcement that he would be chief executive of FCA, Mr Bailey said: “Really this only happened over the course of this month, coming back from holiday over Christmas,” he said. “I was approached to say, would I consider the job.”

Was this after George Osborne “ruled out” acting chief executive Tracey McDermott on national radio, on 7 January? Grapevine thinks we should be told.

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