The Financial Services Compensation Scheme is set to close the London Capital & Finance (LCF) scheme it set up to provide redress to victims of the firm’s collapse.

London Capital & Finance (LCF) bondholders have been warned about a new scam by the Financial Services Compensation Scheme (FSCS).

The Financial Conduct Authority has bitten back against accusations made by the Complaints Commissioner criticising the FCA register's role in the London Capital & Finance’s mini-bonds debacle.

The Treasury has moved a step closer to making the underlying investments in mini-bonds a fully regulated activity to protect consumers after the £237m collapse of mini-bond provider London Capital & Financial (LCF).