Tories look to lure Sants to Treasury

The Conservatives are rumoured to be keen to recruit the outgoing chief executive of the FSA if they win at the General Election in May, despite his clashes with them over the future of the regulator, the Financial Times reports. Sants, who announced yesterday he will leave the FSA in the summer, has been a vocal critic of Tory plans to give the regulator's supervisory role to the Bank of England, and create a new agency focused on consumer protection. However a Tory aide told reporters this morning: "As far as George [Osborne] is concerned this is not the end of [Mr Sants'] public se...