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Hazy spells of sunshine will be replaced by cloud and patchy rain across northern and western parts. Further blustery wintry showers for northern Scotland. Driest and brightest towards the south. Feeling colder. Tonight: Scattered wintry blustery showers in the far north, with clear spells leading to a cold and frosty night. Unsettled across central areas with outbreaks of rain, heaviest in the west.

The chancellor delivered her first Mansion House speech on Thursday as she urged the City regulators to allow financial service providers to take greater risks, saying that the rules introduced after the 2008 financial crash had “gone too far” and were harming growth.

The speech is an annual address to the City of London by the sitting chancellor. In her first address, she attempted to reassure the City that she had a growth strategy. Much of her speech is highlighted across print media and online this morning.

The Bank of England governor Andrew Bailey also gave a speech yesterday at the event in which said the UK must improve its relationship with Europe saying the “consequences of Brexit” were damaging the economy.

Much of Scotland, Northern Ireland and northern England will have a largely cloudy day, with the risk of rain in the west. Drier and brighter…