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The chief executive of interdealer broker Icap, Michael Spencer, was set to appear in David Cameron's resignation honour's list, but the independent advisory committee responsible for granting titles has refused to support a peerage for the former Tory treasurer. FN runs through some of those currently in the House of Lords with connections to the City. (iStockPhoto)

Michael Spencer may not be joining them (yet) but even without the Icap chief, the UK's House of Lords is not without its share of former City bigwigs

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Fareed Sahloul

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The UK lender has tapped a veteran dealmaker to head up a key area of growth

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Carney said the 90-day pause, and Trump’s pledge to negotiate new trading arrangements with dozens of countries, “will likely result in a fundamental restructuring of the global trading system.”

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The BOE said that further sharp falls in asset prices are likely.

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In Pictures: The UK's Lords of finance

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