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Reykjavik, Iceland. The county was one of the first victims of the financial crisis
MPs attack FSA over Iceland investment

By politics.co.uk stafff The Financial Services Authority (FSA) should investigate the advice councils received which led them to invest in Icelandic banks, an influential committee of MPs has found. The communities and local government select committee wants the FSA to take a more active role in the advice which led to local authorities having £1… Read more »

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Lloyds chairman Lord Leverne resists attacks on City
The banker strikes back

By Alex Stevenson Lloyds chairman Peter Leverne has hit out against politicians for instigating “knee-jerk reactions” against the City. Lord Leverne warned that “pandering to populist outrage” or making changes “driven by ideological opportunism” risked undermining the recovery of Britain’s financial services sector and the City. These brands, he said, had been “battered and bruised”… Read more »