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Emeritus Prof Christopher May

Did she jump or was she pushed?

The head of the Financial Ombudsmen service, Abby Thomas, has quit.

Its not long since Rachel Reeves criticised the Ombudsmen & other regulators for not being sufficiently focused on business interests & growth; too often they'd taken the side of consumers in complaints about financial services misconduct.

So, deregulating the financial services sector by a range of means continues... what could possible go wrong?

I don't know; 2008?


h/t FT