Hill set to be quizzed again by EU lawmakers

EU lawmakers will quiz Jonathan Hill for a second time today after they said the UK’s nominee to be the bloc’s next financial services chief failed to satisfy them in an initial hearing last week.

The extra grilling will take place in Brussels at 1pm, a European Parliament official told reporters.

Hill — put forward by British prime minister David Cameron’s government — failed to secure instant backing from the parliament’s Economic and Monetary Affairs Committee after a three-hour hearing on October 1, in which he was queried on subjects from too-big-to-fail banks to Britain’s relationship with the EU.