FSA chairman Howard Davies has rejected reports in a national newspaper that he told the head of a big IFA that he wanted to “round up and shoot all IFAs”.
A story in The Independent last weekend claimed that in a private conversation about polarisation, Davies is alleged to have said: “I am trying to get all the IFAs into a barrel and shoot them one by one.”
Davies called in from his holiday and angrily rejected the claims, saying they did not represent his views.
On Tuesday, the Independent published a brief denial from Davies.
Aifa director general Paul Smee says the article does not reflect his understanding of Davies' feelings on the subject.
FSA spokesman Rob McIvor says: “Howard has not said this to anyone. The story completely misrepresented his views. It is categorically untrue.”