The headquarters for the regulation of all things financial, 25 The North Colonnade (aka FSA central command), has been sold.

According to a report in The Times, the imposing buildings fetched £200m.

But the FSA said a move was not imminent. As a spokeswoman so eloquently stated: "We have yonks yet to go on the lease."

This is fortunate, as Backchat understands that although the FSA has plenty of red tape, it appears to be in short supply of packing boxes.