Editorial: Nitpicking with McCarthy

And that is just the official part of the speech rather than the unedited parts, which slipped through the checking process to be emailed to financial journalists around the country yesterday. The staples were the same: the FSA is “promoting efficient, orderly and fair markets; helping the retail customer of financial services to get a fair deal; and making itself more efficient and hence easier to do business with,” according to the repeated mantra. However, there was more than a little delicious irony in McCarthy’s references to former prime minister Harold Macmillan. These were done...