FCA consultation on extending time firms have to respond to non-discretionary commission motor finance complaints

Confronting the rubbish men: just how useless & mendacious is Wrexham Council (Con/Ind control), Tom Winnifrith

BREAKING: The FCA Bottles it: Standard Listed frauds will not need an advisor after all & can "carry on robbing"

Oh dear, oh dear. The FCA had the chance to clean up the sewer that is the Standard List by forcing all companies to retain a regulated advisor, rather as AIM Companies have to retain a Nomad. Fearing losing its license a Nomad should, in theory, stop companies telling outright lies or committing fraud, as happens all too often on the Standard list. But a consultation paper CP23/31 shows that the woke warriors at the FCA have bottled it and thus will allow investors to carry on getting screwed.

UK Markets Struggling – Due To Tax, Or Is There Another Contributory Explanation?

Writing in The Telegraph today, Charles Hall – the head if investment research at Peel Hunt – reckons that tax cuts are needed to get the UK economy out of third gear. He bemoans the fact that investors are pulling away from UK markets and suggests that bold tax moves could help get individuals investing again. I’m quite sure that is all true, but the elephant in the room, for me, is the not-fit-for-purpose regulatory system.

Do you want to quiz the chair, CEO and executive directors of the FCA? Here is how

There is a virtual annual meeting on October 4 from 10 AM to noon. The main purpose is to approve the annual report and accounts of the FCA but folks, anyone even me, is allowed to register and attend and can pre -submit questions. No doubt what the FCA will want to be quizzed on is what it is doing to achieve carbon net zero and to close the LGBTQA+ pay gap within financial services. But…

BREAKING: Link wants Woodford Equity Income victims to help it pay back buttons: are you a suitable patsy?

Disgraced ACD and enabler of the Neil Woodford scandal Link has written to victims asking for their help. Are you a patsy? 

BREAKING: Lawyers Harcus Parker slams FCA Link Woodford deal as grossly misleading and inadequate in Private Letter ( which we publish natch!)

The FCA claims that its £235 million deal with Link, the administrator of the Neil Woodford funds, secures a 77.5p in the pound return for investors. Lawyers Harcus Parker claim that is a lie and, acting for thousands of victims, says it will fight on. The private letter making this claim has fallen into our hands and we publish it in full below.

FCA warns Buy Now Pay Later firms about misleading adverts

How gay is your stockbroker? Champagne fuelled Diversity gala awards announced for YOU to pay for

My late uncle (by marriage) Richard would be turning in his grave. When he was at Rathbones his job was to manage money which he did well.  That was notwithstanding the fact that he was white, straight, Eton and Oxford educated and that his family originally made its money (400 years ago) from the slave trade. I doubt that with that background he’s last five minutes at Rathbones today notwithstanding him being very good at his job.

And the award for the worst expert Covid forecast goes to BBC, Guardian and C4 News darling Devi Sridhar - Tom Winnifrith