FSA
Never accept meat from strangers
Never accept meat from strangers. That seems to be the lesson of the horsemeat scandal – at least for the ex-commercial director of Freeza Meats. In September 2012, an Environment Health… Continue reading
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The energy sector’s Libor-style scandal
As David reported earlier, today’s Guardian carries allegations of price-fixing in the energy markets. The paper has an account by Seth Freedman, who worked as a price reporter at ICIS… Continue reading
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Government responds well to energy price fixing claims
It is a busy day on the economic front, with new inflation figures (which are expected to show an increase) to be released at 9.30am and Ed Davey, the energy secretary,… Continue reading
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MPs slam FSA’s ‘serious misjudgement’ on RBS
The Treasury Select Committee has published a stinging report this morning on the failings of the Financial Services Authority’s oversight of RBS. The MPs on the committee was unimpressed, concluding… Continue reading
20 CommentsYour three-point guide to today’s RBS report
After months of delay, and much hounding by The Spectator’s Select Committee Chairman of the Year, Andrew Tyrie, the Financial Services Authority has finally released its report into the wheezing… Continue reading
18 CommentsCollective failure exposed
The National Audit Office’s report into the government’s handling of the banking crisis and taxpayers’ continued exposure is a pandora’s box of financial horrors. The NAO estimate that taxpayers are… Continue reading
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