The FCA found he repeatedly misled investors about fund performance, concealed losses and used their money to buy property and support his lifestyle.

WEIF value dropped from £10.1bn (May 2017) to £3.6bn (pre-suspension)

Professional landlords can access up to 65% LTV with rates starting from 1.90%

The changes aim to lower costs for businesses raising capital in support of growth.

The regulator is considering creating bespoke regimes for investment trusts and for venture capital firms.

Today's announcement by the bank follows the reintroduction of top slicing for UK residents in June.