FCA criticised by MPs but escapes 'no confidence' vote
Watchdog faced heavy criticism
MPs have severely criticised the Financial Conduct Authority (FCA) for recent blunders but the watchdog avoided a vote of no confidence in the House of Commons last night.
The "blundering" FCA was called "weak, toothless and anaemic", according to Reuters. However, the motion to hold a vote of no confidence was not eventually held after minister Harriet Baldwin urged...
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