'Why didn't the regulator keep us safe?'; City watchdog was warned three years before Blackmore collapsed - owing small bondholders £47m, reveals Adam Williams
Cross-party MPs have demanded an independent inquiry into how the City watchdog failed to pre vent the collapse of investment firm Blackmore, which cost investors £47m.
Telegraph Money can reveal £29m of that sum was invested after the Financial Conduct Authority was alerted to issues with the risky property "mini-bonds".
Blackmore fell into administration in April 2020 and the 2,200 bondholders fear they will lose 100pc of their investment in circumstances that are eerily similar ...