'Responsibility and culpability different': Andrew Bailey challenged over LC&F collapse
On Radio 4
Andrew Bailey is the former chief executive of the FCA.
The governor of the Bank of England has apologised again to investors for regulatory failings over the £237m London Capital & Finance investment scandal, despite trying to escape responsibility.
More than 11,600 people had invested a total of £237m - an average of £20,000 each - when LC&F collapsed in January 2019, despite a number of "red flags being missed". Speaking to the BBC Radio 4 Today...
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