Tim Sargisson: How high can the FSCS levies go?

clock • 4 min read

Anybody who has read Charles Dickins' Oliver Twist should be familiar with the passage in the book regarding the experimental philosopher, who had a great theory about a horse being able to live without eating. The man demonstrated it so well that he got his on horse down to a straw a day in a bid to prove the animal could live on nothing at all. This he was primed to do, however the unfortunate animal died, just 24 hours before he was due to have had his first "comfortable bait of air" as Dickins put it. This, if you like, is the FSCS levy in reverse and I was reminded of this passag...

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