Liz Truss derided for ‘dangerous’ reported plan to merge UK financial regulators
by Kalyeena Makortoff Banking correspondent from World news | The Guardian on (#62MQP)
Ex-business secretary Vince Cable says potential integration of FCA, PRA and PSR, formed after financial crisis, poses systemic risks
Former business secretary Vince Cable has criticised Liz Truss, warning that plans mooted by her campaign team to merge the City's top regulators would be dangerous."
His comments came after the frontrunner in the Conservative leadership race was said to be preparing for a sweeping review of the financial regulators' responsibilities if she succeeds in beating rival Rishi Sunak
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