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Boris Johnson says Britons are ‘furious’ with him

Bloomberg UK Prime Minister Boris Johnson said he knows people feel angry over the way his government has handled the pandemic, but warned that coronavirus will make for a “very tough” winter, with difficulties lasting through Christmas and beyond. Johnson acknowledged public anger over the government’s handling of the pandemic, especially in areas subject to tight lockdown rules, but warned ...

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Barclays revamp puts Staley’s JPMorgan cohort in spotlight

Bloomberg Barclays Plc’s leadership reshuffle puts two of the likely internal contenders to replace Jes Staley in the spotlight. The pair, who will together lead the investment bank, inherit a daunting task. Chief Risk Officer C.S. Venkatakrishnan, known as Venkat, will head markets while Paul Compton will oversee banking operations. They are charged with executing Staley’s vision of sustaining a ...

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France’s central banker Villeroy warns about government spending

Bloomberg Bank of France Governor and European Central Bank (ECB) policy maker Francois Villeroy de Galhau said the French government must be more careful about spending and debt that’s not linked to the novel coronavirus health-care crisis. The government must become more efficient as the pace of spending, stripping off Covid-19 measures, is accelerating “even more quickly” than before the ...

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