You need to read the information very …
You need to read the information very carefully. I have no doubt that the income received by the energy generating company is backed by the UK government, but that does not mean the BONDS the company are selling are backed by the UK government. Also the bond administrator may be FCA authorised, but they just keep the bond register. The bond issuer does not appear to be FCA authorised so if they go bust, there is no FCA compensation. As somebody that works in the industry, the FCA require a company to be clear, fair and not misleading. The information provided referencing “Income guaranteed by the UK government” and references to the FCA seem to suggest a greater degree of certainty than is actually the case.








