I was reading the front page of CityAM this morning and new head of the
FSA FCA Martin Wheatley has said he will take a “shoot first and ask questions later approach to regulation”.
What is wrong with these people???? Can’t they see that the current level of regulation is stifling the national economy? The financial services industry drives London’s economy, London’s economy drives the rest of the county, ergo we need to be super-charging financial services not appointing swivel eyed bureaucrats to heap more red tape on our struggling recovery.