Vote Leave-backer takes over brief for financial district at a time when other cities across EU are vying for City business

A former director of Barclays Bank who has also worked as a financial regulator has been appointed City minister by Theresa May.

Steve Barclay, who backed the Vote Leave campaign, takes over the brief for the financial district at a time when other cities across the EU are aiming to grab business from the City after Brexit.

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