FSA cracks under pressure over RBS decision - papers

The move comes after the Treasury Select Committee yesterday called for the FSA to make the reasons for the decision public. The Financial Times understands senior politicians including George Osborne and Vince Cable put pressure on the FSA to find a way to publish part of its enquiry into the failed bank, using the fact the government has an 84% stake in RBS as leverage. Read more here Brits told to abandon savings accounts Darius McDermott, managing director of Chelsea Financial Services, has warned savings accounts are a ‘waste of time' and says savers should invest in the st...