Financial Conduct Authority 'welcomes' trial resumption

The Financial Conduct Authority has said it "welcomes" the Court of Appeal's decision to order the resumption of a serious fraud case at the centre of a legal aid row.

In a statement it said: "The FCA is committed to pursuing criminal action in appropriate cases and is pleased that this case can now proceed towards trial."

During the appeal hearing, Sean Larkin QC, for the FCA, told the court that the original decision to halt the trial was "unreasonable".

He argued that the public interest required a lesser remedy - an adjournment - in the case.

Read: Ruling overturned in legal aid row case

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Ruling overturned in legal aid row case

A decision to throw out a multi-million pound fraud trial, after defendants said they could not get representation because of legal aid cuts, has been overturned by the Court of Appeal.