The incoming Lord Mayor of London has used his inaugural speech to call on City institutions to regain public trust in order to and make a success of the UK's exit from the European Union.

Addressing an audience of dignitaries — including the Prime Minister Theresa May — at the Lord Mayor's Banquet last night, Charles Bowman, who is also a partner at PwC, said trust was the most important thing for the City as it entered uncertain times.