Government scheme to compensate London Capital & Finance investors after 'regulatory failings'

Mini-bond holders to receive 80% of initial investment

clock • 1 min read
John Glen, economic secretary to the Treasury

John Glen, economic secretary to the Treasury

The government has established a compensation scheme for investors who lost money after the collapse of London Capital & Finance (LCF) in 2019.

The government-funded scheme will provide 80% of LCF bondholders' initial investment up to a maximum of £68,000 and will be available to all LCF bondholders who have not already received compensation from...

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