Nanny state regulator wrong again

Chris Wheal
tesco shopping
tesco shopping

The new financial regulator looks like it's going to show all the excesses of a nanny state protecting idiot consumers for foolish behaviour and penalising companies that sell them what they ask for.

The Financial Services Authority (FSA) is soon to become the Financial Conduct Authority. It has published a Retail Conduct Risk Outlook looking at the risks consumers face this year.