News

Latest articles

News
Darling: Outside the loop?
Darling ‘kept in the dark’ over short-selling return

By Ian Dunt Chancellor Alistair Darling was only told the Financial Services Authority (FSA) would lift the ban on short-selling an hour before it happened, media sources have indicated. Reports in the Guardian indicate Mr Darling was irritated by the decision to drop the ban, and urged the FSA to reconsider. The chancellor does not… Read more »

News
Lord Turner, chair of the FSA
FSA head: Banks have caused ‘real harm’

By Ian Dunt Banks have caused real harm to the economy and urgent reform is needed, the head of the Financial Services Authority (FSA) warned in a speech last night. Lord Turner, FSA chairman, said: “We are in the middle of an economic downturn which, to a far greater extent than any since the 1930s,… Read more »