Hundreds of City firms at risk of collapse because of Covid, FCA warns

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UK financial watchdog also criticised social media companies for allowing investment scam ads on their platforms

Britain’s financial watchdog has warned that hundreds of small and medium-sized City firms are at risk of collapse due to the economic pressures of the Covid-19 crisis.

 

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They are not at risk because of Covid. They are at risk because of the Lockdown. Sweden did not have a damaging lockdown. Sweden is ok!

RishiSunak BorisJohnson Are you really going to put the financial market at risk? Which big 4 gave advice about this? Imho you need to create a solution for financial services EveningStandard CityAM

TheFCA should of taken a swipe Twitter the amount of spammers & scammers on this media platform is unreal jack

And Brexit hasn't even happened. This would be such fun, it wasn't reality kicking in...

That's capitalism!!

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