Banks and Finance

Neil Woodford retreats from relaunch plans as investment company is wound up

Neil Woodford has retreated from an attempt to recapture his crown as Britain’s biggest fund manager as a company meant to relaunch his career is wound up. Paperwork shows that directors at Mr Woodford’s business WCM Partners have applied to strike it from the official register, just over a year after the former star manager …

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Revolut executive quits amid battle for UK banking license

Last month, Mr Storonsky hit out at the FCA over what he regarded as its slow procedures for processing applications, saying it was “slower compared to expectations”. He added that it might be beneficial for the regulator to employ “more efficient people”, have “stricter timelines” and clearer performance indicators. The watchdog has concerns around aspects …

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