PARLIAMENTARY WRITTEN QUESTION
Woodford Investment Management (16 January 2024)

To ask the Chancellor of the Exchequer, what assessment he has made of the potential risk to the UK financial services industry of the Financial Conduct Authority investigation into the LF Woodford Equity Income Fund.

Asked by:
Ashley Dalton (Labour)

The FCA has been investigating the events leading to the suspension of the Woodford Equity Income Fund, as the independent regulator responsible for the supervision and regulation of conduct in financial services. While the Treasury continues to follow this case closely, it is the responsibility of the FCA to investigate and decide upon the appropriate course of action.

Answered by:
Bim Afolami (Conservative)
19 January 2024