An investment adviser has been given an eight and half year prison sentence and banned as a director for 10 years after conning England and Chelsea footballer Gary Cahill out of £800,000.

The FCA and the Insolvency Service have signed a joint Memorandum of Understanding which commits the two organisations to increased collaboration.

A company offering a binary options trading platform to investors has been successfully shut down by the Insolvency Service at Manchester District Registry after investors lost £350,000.

Two companies have been placed in provisional liquidation following an investigation by Company Investigations Unit of The Insolvency Service.