The Financial Conduct Authority (FCA) has banned Leigh Mackey from working in financial services and fined him £1,102,879 for misleading the FCA and misusing funds paid by construction companies for insurance cover.

Over an eight-year period between September 2011 and December 2019, Mackey had sole management control of Inspire Insurance Services Ltd, an insurance broker for the construction sector, where he was at all material times the sole director of the business and had total management control.