MPs criticise FCA after slow response to British Steel victims' letter

FCA 'follows rather than leads'

Sophie King
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Smith and Kinnock received the FCA’s letter on 22 February from its executive director, consumers and competition Sheldon Mills
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Smith and Kinnock received the FCA’s letter on 22 February from its executive director, consumers and competition Sheldon Mills

The Financial Conduct Authority (FCA) took one month to respond to a letter sent my MPs asking for support on the British Steel saga.

Steve Kinnock and Nick Smith, Welsh MPs who have been vocal for justice in the British Steel saga, wrote to the regulator on 22 January and argued the FCA was an organisation that "follows rather than...

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