Neil Woodford, the disgraced City tycoon, is soaking in the sun on a Devon beach, just as clients who lost money when his investment firm collapsed went to court in a desperate attempt to retrieve their money.
On the third anniversary of his Woodford Equity Income (WEI) fund — once valued at more than £10 billion – having its assets frozen, Woodford, 62, appeared carefree.
He spent the day with pals in South Devon’s Salcombe Harbour, only yards from his £6.3 million cliffside hideaway.
He strolled down to the lake to his boat after sitting on the patio of his opulent home, where two black Porsche sports cars and a Land Rover were parked.
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