Sir James Crosby resigns!

11.30: Crosby resigns from the FSA

12.00: PMQ’s

Surely some connection!

Obviously he has been lent on!

More short term tactics from Brown to get him off the hook!

UPDATE:

Sir James said:

there was "no substance to the allegations".

"I nonetheless feel that the right course of action for the FSA is for me to resign from the FSA board, which I do with immediate effect," he added.

Why go then? Answer: Brown did not give him the option.