The UK’s financial regulator has announced the launch of a formal investigation into the collapse of Greensill Capital, the financial services company former Prime Minister David Cameron lobbied ministers to save. As the PM’s texts and emails were published by MPs on Tuesday, the Financial Conduct Authority (FCA) informed Parliament’s Treasury Select Committee of its probe into Greensill, which went into administration in March. “The FCA is formally investigating matters relating to Greensill Capital UK (GCUK) and Greensill Capital Securities (GCSL), and the oversight of GCSL by its principal, Mirabella Advisers,” FCA chief Nikhil Rath
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