Shamed Woodford told to hand back his CBE after fund collapse
Frustrated investors who lost out in the collapse of Woodford's firm called on the Government to strip the disgraced investment guru of his CBE.
Stay updated with breaking news from Transparency Task. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Frustrated investors who lost out in the collapse of Woodford's firm called on the Government to strip the disgraced investment guru of his CBE.
It comes nearly five years after 300,000 savers saw £3.7billion of their cash trapped in the Woodford Equity Income Fund when it was shut down.
A potential line was drawn under the long-running Woodford funds scandal on Friday, after a high court judge approved a scheme to return money to investors.
About 300,000 people could receive payouts but campaigners say it is an "appalling outcome".
Investors in Neil Woodford’s collapsed investment fund are set for £230m in payouts after a court approved a controversial redress scheme.