Jul 30

The Queen’s stockbroker Cazenove has been caught up in Britain’s biggest ever crackdown on insider trading.

Eight people were arrested in dawn raids yesterday by the City watchdog the Financial Services Authority.

Cazenove admitted that one of the arrested worked at its London offices as a sub-contractor.

A 40-strong team from the FSA swooped on addresses in London and the South East with back-up from City of London police.

Cazenove, the Queen’s stockbroker, has been at the centre of police raids into insider trading

They are believed to have seized computers and paperwork.

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