Sants quits as head of UK Financial Services Authority – FT
FSA has no immediate comment on report that CEO Sants has quit.
EDIT: FSA CONFIRMS SANTS TO STEP DOWN IN SUMMER OF 2010.
Cable sits at 1.5575, halfway through aforementioned 65/85 buy orders.
EUR/GBP up on the day, presently at .8810 from early .8775. If I remember rightly good old Barclays Capital yesterday had an .8830 target for EUR/GBP. Not far to go now peeps.
Warning of new housing crash because FSA’s reform plan is too weak
A second housing crash could occur shortly after the general election because recommendations by the FSA on reforming the UK mortgage market are too timid, a conference on long-term thinking in finance heard today.
Interesting. Personally I’ve a feeling UK house prices may surprise on the downside this year, which seems to fly in the face of conventional wisdom from what I’ve been reading.

AUTOREFRESH 






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