Monday 28 February 2011

Change Happens

So much happening in the trading standards arena that I can hardly draw breath.

The BIS consumer landscape review, the planned abolition of the OFT, Consumer Focus and more, the suggested centralising of enforcement by the Food Standards Agency, the creation of the new Financial Conduct Authority and the possible transfer of consumer credit regulation to Canary Wharf from the OFT.....are all but part of the turbulence we currently are navigating.

I was on Radio 4 You and Yours today. I was asked about the changes I had seen in my 40 plus years in trading standards and consumer affairs. There were many of course and setting up the OFT in 1973 was a big one. Now that is to go and I made the point that the changes being condensed into these past months and the next two years will more than outpace those of the previous 40.

At the same time my trading standards colleagues across the country are having to cope with increasing demand alongside decreasing capacity as funding cuts of 40% start to bite. Their will to win however remains undaunted and they will look to new ways to support the consumers and businesses that need them.
By the way - the Financial Conduct Authority was to be the Consumer Protection and Markets Authority. A pity somebody changed their mind because the 'consumer' word should be there!

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