Woodford’s appeal against a multimillion-pound FCA fine and ban is under the spotlight in this episode, with David Masters and Neil Robson asking what the tribunal could uncover - and whether his reputation can ever recover. 

They examine how cosmetic fixes created only the illusion of liquidity, why the regulator called his understanding of his role “defective and unreasonably narrow,” and how the tribunal could reveal private emails, board minutes and correspondence that reshape the narrative - just as Jes Staley’s failed appeal did.

The conversation also explores whether defiance deepens reputational damage, what lessons the case offers for accountability and transparency, and how AI is beginning to change the way regulators and firms confront misconduct.

Recorded and produced at the Lansons Studios

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This podcast contains discussions around sensitive topics, including sexual assault, abuse, and other potentially distressing subjects. Listener discretion is advised. If you or someone you know is affected by any of the issues raised, please consider seeking support from a trusted organisation or professional.