Editor's View: The legal hurdle for the British Steel redress scheme

The editor's Friday Night Takeaway from 30 January

Hope William-Smith
clock • 1 min read

The tide has continued to turn with the British Steel redress scheme this week, with the regulator coming out to say it will fight court action taken by a group of protesting advisory firms.

The case against the Financial Conduct Authority's redress scheme - announced in late November for the former members of the British Steel Pension Scheme - has been brought by members of the British Steel Action Group and its solicitors FS Law. The regulator says it is confident ahead of the battle, though no one's records are squeaky clean as we know… Elsewhere, PA heard speakers at a technology conference in London this week say platforms are "walking into oblivion" and failing to adapt and improve in the face of evolving technology. While that view has been perpetuated by many in rece...

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