Coalition government's agreement creates fresh controversy about FSA after its abolition had apparently been ruled out
Fresh doubts over the future of the Financial Services Authority have emerged as discussions continue over the future of the City regulator, which was earmarked for abolition in the Conservative manifesto.
In the immediate aftermath of the creation of the new government, the Liberal Democrats were thought to have convinced the Conservatives to retain the FSA, but subsequent announcements are raising fresh doubts about whether it has been reprieved.
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