Kemi Badenoch will step up her efforts to woo the City as she pledges to wield the axe on post-financial crisis banking regulation.

Kemi Badenoch will argue that the City has not been championed by governments and that there was a "risk averse" culture in the UK.

After a long wait, Conservative leader Kemi Badenoch has finally laid out some policy. And the City likes what it hears.