Treasury minister John Glen today announced a £120m government-backed compensation scheme for LCF mini-bond victims which will pay up to 80% of losses up to a maximum of £68,000.

London Capital & Finance (LCF) mini-bond victims hoping for compensation have been dealt a blow by a court judgment.

One of the things that has always puzzled and dismayed me about the miserable London Capital & Financial (LCF) debacle is: where were the whistleblowers?

The website infrastructure supplier for the Financial Conduct Authority is having technical issues, leaving the regulator unable to update its website.