Business Plan 2023/24 | FCA
Our strategic objective is to ensure financial services markets function well.
Our operational objectives are to:
secure an appropriate degree of protection for consumers
protect and enhance the integrity of the UK financial system
promote effective competition in the interests of consumers
We will soon also have a new secondary objective to facilitate the international competitiveness of the UK economy and its growth in the medium to long term. This is being introduced as part of the Financial Services and Markets Bill which is currently going through Parliament.
As a financial services regulator, we have an important role in the…
Reading given six-point deduction for breaching EFL business plan
Reading were relegated from the Premier League in 2012-13 and have since been in the Championship
Reading has been deducted six points by the English Football League for breaching the terms of an agreed business plan for a previous profit and sustainability rule breach.
It marks the first decision handed down by the independent club financial reporting unit (CFRU).
The deduction leaves Reading 20th in the Championship, with 40 points, one above the relegation zone.
Manager Paul Ince said last week he thought the punishment was coming.
In addition, Reading has agreed a new budget with the CFRU, which will…
