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Government’s white flag to the FCA casts doubts on Edinburgh Reforms

Ministers’ lack of backbone means its regulatory agenda risks being a damp squib

Caving on a key pillar of reforms does not bode well for their success
Caving on a key pillar of reforms does not bode well for their success Photo: Getty Images

David Wighton is a columnist at Financial News

How serious is the government about reforming financial regulation to boost the City’s competitiveness?

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