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?
#FinancialService
h/t FT