Reply to post: Re: No general taxpayers money was wasted

Financial Conduct Authority wastes £3.2m on unnecessary Oracle licences

LucreLout Silver badge

Re: No general taxpayers money was wasted


Unfortunately, while we in the financial sector do fund the FCA (and others) rather than the general tax payer, from where is it you think we are funded?

Either from corporates, who are funded by the tax payer, or in the case of retail banks, from the tax payer directly. Tax payers being the public, who are either our customer or our customers customers.

This wasted money has come from all of our pockets via one route or another.

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