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The FCA needs less woke virtue signalling by promoting failure and more diversity, it needs to hire some crooks

By Tom Winnifrith | Wednesday 3 March 2021


 


The FCA has clearly failed investors on am serial basis over many years: Woodford, all of those mini-bond disasters not just London & Capital Finance, Quindell, the list goes on and on.  So now under new CEO Nikhil Rathi there is claim that it is getting its act together. Frankly, this is woke cobblers, it is rewarding failure, it is not changing a culture of smug and holier than thou incompetence.

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