Mansion House

As part of the voluntary agreement, known as the Mansion House accord, agreed earlier in May, the 17 firms involved committed to investing 10% of their assets in things other than publicly traded shares, so that more money would flow into home-building, infrastructure projects and start-up businesses in fast-growing sectors.

Their wedding happened in the Lord Mayor's official residence, The Mansion House in 2018.

Mr Bailey's Mansion House address will come alongside a speech by Chancellor Rachel Reeves, who will talk about her plans to shake up the UK pension system in a bid for growth.

Andrew Bailey's Mansion House speech to investors will mark some of his strongest comments yet on Brexit, saying one of its consequences has been weaker trade.

Sources say phase one was concentrating on the public finances and public services, then the next part will be more emphasis on growth with a big speech from Rachel Reeves at the Mansion House in the City soon.