UK and EU must avoid punch-up over finance - next BoE boss Bailey

LONDON (Reuters) - Britain and the European Union must find a way to settle future differences over how Britain's huge finance industry can do business in the bloc without resorting to a "metaphorical punch-up," the next governor of the Bank of England said.Andrew Bailey said it would be surprising if Britain's financial sector was not deemed to be "equivalent" by the EU and able to do business in the bloc from the start of next year, when the current post-Brexit transition period ends.The..