UK Finance boss resigns as Amanda Staveley high court case continues

Ex-Barclays executive Stephen Jones says he apologised over alleged sexist remarks referred to in court documents

The boss of the banking lobby group UK Finance has resigned just weeks before his alleged sexist remarks about the financier Amanda Staveley are due to be revealed in the high court.

Stephen Jones, a senior Barclays executive during the financial crisis who became the first chief executive of UK Finance in 2017, said he had also apologised to Staveley and the body’s staff about the comments, which were made as the bank scrambled to save itself from nationalisation in 2008.

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Ending the Iranian sanctions waiver could be own goal for Trump

Preventing Iran’s oil from reaching the market will raise oil prices and US business costs

The past two and a bit years have shown that it is naive to expect Donald Trump’s strategic and economic policies to demonstrate coherence. Even so, the lack of joined-up thinking in the decision to end the waiver against sanctions from nations that buy oil from Iran takes some beating.

Related: US toughens stance on Iran, ending exemptions from oil sanctions

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