Regulation

Competition watchdog faces fresh pressure over spending failures

Staffer asks politicians to investigate the antitrust watchdog

CEO Sarah Cardell’s travel is just one of the issues thrust back into the spotlight
CEO Sarah Cardell’s travel is just one of the issues thrust back into the spotlight Photo: Leon Neal/Getty Images

A Competition and Markets Authority staffer has written to their MP and the chair of the public accounts committee raising concerns over how the watchdog has been managing its finances.

In the letter, which has been seen by Financial News, the staffer says they are “shocked” at how the antitrust regulator has been spending its budget and asks the parliamentarians to take “a proper look at what’s going on”.

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