Lord Hill handed key finance role in new EU Commission

The development of financial regulation in the new European Commission has been put in the hands of a UK politician

The development of financial regulation in the new European Commission has been put in the hands of a UK politician, despite Prime Minister David Cameron’s opposition this summer to the appointment of Jean-Claude Juncker as president of the EC.

Juncker today appointed Jonathan Hill as commissioner for a new portfolio covering Financial Stability, Financial Services and Capital Markets Union.

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