The month in review

Clive Briault, the UK Financial Services Authority's head of retail supervision, will leave the FSA at the end of April. He will be replaced in the interim by chief operating officer David Kenmir. FSA chief executive Hector Sants said the authority would also step up its supervision of financial stability and large retail groups, in the wake of the Northern Rock crisis. David Strachan, previously director of large retail groups, will move to head of financial stability, working in the chief exec