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Leicester-born banking boss Andrew Bailey helps to curb housing bubble
He’s the man with one of the most valuable signatures in the country who has the task of preventing another financial meltdown. Leicester-born Andrew Bailey may not be a household name, but he is overseeing measures which will have a big impact on the financial future of thousands of ordinary people. The 55-year-old is the Bank of England’s Mr Prudent, charged with making sure banks don’t make the mistakes they did in the run-up to the banking crisis and stopping home owners from getting too deep into debt. Last month, Andrew was part of a group of experts which decided to place restrictions on what banks and ... (full story)