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23 firms declared in default by FSCS

The Financial Services Compensation Scheme has declared 23 firm in default this month. It is encouraging consumers who may have lost money as a result of their dealings with any one of 23 firms recently declared in default by the Scheme to get in touch.

The firms came from across the country with 11 from London, one from the east, two from the Midlands, six from the North, and two each from Scotland and Wales.

FSCS chief executive Suzanne McCarthy says: “As the Scheme of last resort, this should be good news for those consumers who would otherwise have nowhere else to turn.”

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