British Steel scandal 'illustrates scale of the redress problem'

Following the Financial Conduct Authority (FCA) and FOS call for input (CFI) released after chancellor Rachel Reeves' Mansion House speech, co-head of Shoosmiths Edinburgh disputes and resolution practice Andrew Foyle said this will give a clearer idea of how schemes will operate in the future and how they will interact with the wider complaints process. "It was nonetheless recognised that regulatory reform is necessary in a post-crash, post-covid world, where economic recovery requires to be put at the centre. As part of that growth journey, the regulatory framework, and in particular t...