Hector Sants - FSA changes in name only

I was delighted to hear the Coalition was getting rid of the FSA and I can't believe it's being replaced by THREE new departments. Hector Sants, the FSA Chief Executive, is going to have a huge role in the set up and all the same staff are transferring! How is this saving us money? And if these prats were hopeless, how come they're still going to continue in their jobs?

The same thing happened in the previous administration when they changed from Training and Enterprise Councils to Learning and Skills Councils. All they did was change the name on the building and rebrand the paperwork at great expense. The same people still worked there as if nothing happened.

It's not good enough to trumpet about cuts when the result will actually cost us more.

Financial Services Authority (FSA) Fucked

Well done George Osborne for shutting down the Financial Services Authority. I've had dealings with them and was treated in an offhand, arrogant and totally incompetent manner. They're a typical bloated quango who have no interest in actually doing their job but I'm sure they met all their 'targets', not one of which involved helping you and me.

These idiots were set up to regulate the industry. Every public service worker who will lose their jobs due to funding cuts can directly blame the FSA. Good riddance and may they all rot in hell.