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Chancellor Rishi Sunak has said he would not have done anything differently in his approach to Greensill Capital amid questions over the firm s lobbying.
He added that intensive lobbying by David Cameron did not mean the finance firm got special treatment.
Speaking to MPs on the Treasury Select Committee, Mr Sunak said he had looked at issue on the merits of it .
But Labour MP Siobhain McDonagh said she found that hard to believe.
Last year, former Prime Minister David Cameron tried to convince the Treasury to let Greensill join an emergency Covid lending scheme, sending multiple texts, WhatsApp messages and emails to senior ministers, as well as having numerous calls and meetings.
Disgraced fund manger Neil Woodford has been questioned by investigators looking into the collapse of his investment fund, Britain s financial watchdog has revealed.
The inquiry by the Financial Conduct Authority is expected to be completed by the end of the year, with sanctions and legal action not being ruled out.
In a letter to MPs, the regulator s chief executive, Nikhil Rathi, said officials have spoken to 14 witnesses and all key interviews are now complete.
Disgraced fund manger Neil Woodford has been questioned by investigators looking into the collapse of his investment fund
The regulator added that Woodford Investment Management Limited, Mr Woodford s firm, does not hold a licence to sell investments to the public, following recent reports that the fund manager was considering a new venture.
Neil Woodford has been questioned by investigators looking into the collapse of his investment fund, the financial watchdog has revealed.
The inquiry by the Financial Conduct Authority (FCA) is expected to be completed by the end of the year, with sanctions and legal action not being ruled out.
In a letter to MPs, the regulator’s chief executive, Nikhil Rathi, said officials have spoken to 14 witnesses and all key interviews are now complete.
The regulator added that Woodford Investment Management Limited – Mr Woodford’s firm – does not hold a licence to sell investments to the public, following recent reports that the fund manager was considering a new venture.
Woodford saga: Industry believes there is light at the end of the tunnel for investors trapped in fund
FCA inquiry will not report this year
Woodford interviewed by investigators probing fund collapse
The Financial Conduct Authority s ongoing investigation into the collapse of the Woodford Equity Income fund has been slow but investors stuck in a limbo might be closer to getting answers, according to industry experts.
In a letter to MPs, the regulator s chief executive Nikhil Rathi said officials have spoken to 14 witnesses and all key interviews are now complete.
Moira O Neill, head of personal finance at interactive investor, said: Today s update from the FCA is short on clarity for the investors who have already been left in at best limbo and at worst in financial misery, for two long years.