FSA role in Arch Cru debacle raised in parliament

The debacle, and the role played by the FSA and Capita, will be raised in Parliament by Alun Cairns, Conservative MP for the Vale of Glamorgan, the Daily Mail reports. He represents several constituents caught up in the affair but has received letters from hundreds of other investors after highlighting the issue. "My aim is to raise awareness of Cru," he told the Mail. "It's completely unacceptable - 20,000 investors have waited for two years with no information." About £400m was invested in Cru funds, which were authorised by the FSA, between 2006 and 2009. Investors were told the...