FSA branded stationery spend increased in year of regulator change

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The Financial Services Authority (FSA) spent more on branded stationery for the 2012/2013 period than in either of the two preceding years.

The government body is due to be replaced by the Financial Conduct Authority (FCA) in April 2013.

A freedom of information request by Insurance Age revealed that the FSA spent £11,044 on stationery in the 2012/2013 financial year, compared with £9,588.50 in 2011/2012 and £7,893.50 in 2010/2011.

The regulator ordered more than three times the amount of letter headed paper from its supplier Pavilion Print Management in this financial year, at 660,000 sheets, as last year, when it ordered 190,000

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