UT-2023-000053/54 - [2025] UKUT 00087 (TCC)

Case Number: UT-2023-000053/54

FINANCIAL SERVICES – final decision on impact of taxation on, and appropriate rate of interest to be used in calculating, the amount to be disgorged in financial penalties under section 66 Financial Services and Markets Act 2000

Decided on written submissions on dates between 21 January and 25 February 2025

Judgment date: 12 March] 2025

Before

JUDGE MARK BALDWIN

MR DUNCAN BLACK
MRS JO NEILL

Between

TONI FOX-BRYANT
DAVID BRIAN PRICE

Applicants

and

THE FINANCIAL CONDUCT AUTHORITY

The Authority

Representation:

For the Applicants: Mr Gareth Fatchett of FS Legal Solicitors LLP

For the Respondents: Mr Adam Temple of counsel, instructed by the Financial Conduct Authority

DECISION