George Osborne met about 70 staff from the FSA yesterday to discuss Conservative plans for a new regulatory structure for the City.
The Shadow Chancellor went to the FSA headquarters at Canary Wharf yesterday morning with three colleagues, the Times says, to address regulators about his party's proposals to shift responsibility for the scrutiny of the financial markets back to the Bank of England. In a crowded meeting attended by Hector Sants, the FSA chief executive, Mr Osborne said that he had assembled a working group of City experts to advise the Shadow Treasury. See story...
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