Thousands of first-time investors who lost their savings after investing with London Capital & Finance (LCF) have been told it is unlikely they will qualify for compensation. Nearly 12,000 people put ...

Simply sign up to the Financial services myFT Digest -- delivered directly to your inbox. Another company linked to two men at the heart of the £236m London Capital & Finance scandal has fallen into ...

When the pensioners and other savers who bought £237 million of bonds from London Capital & Finance made their decision to invest, they were told their money would be put to work lending to large ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The collapse of minibond provider London Capital & Finance, and with it £237m of investors’ money, is one of ...

LONDON (Reuters) - Britain's financial regulator fined audit firm PwC 15 million pounds ($19.3 million) on Friday for failing to alert the watchdog that London Capital & Finance (LCF) might be ...

Nearly 12,000 people saw their savings trapped when the London Capital and Finance scheme collapsed in 2019. Accounting giants PwC and Ernst & Young have been hit with multimillion-pound fines by the ...

The recent collapse of London Capital & Finance poses some challenging questions for the financial services industry, particularly whether the Financial Services Compensation Scheme should be required ...

The redress scheme for the bondholders of London Capital & Finance (LCF) was initially supposed to close on 20 April. As such, the Financial Services Compensation Scheme’s (FSCS) involvement in LCF is ...

LCF promised returns of 8% for people investing for more than three years The Financial Conduct Authority is facing a government probe into its oversight of London Capital & Finance (LCF), after ...