The Financial Services Compensation Scheme (FSCS) says it expects an influx of claims against mortgage brokers in 2009/10 after banking failures saw it pay out more than £21bn in total in the last financial year.
REWRITING WILLS TO comply with changes to trust legislation announced in the Budget will cost families around £250m, according to the latest figures, reports The Daily Telegraph .
Specialist lender London Scottish Bank is to close eight of its 97 branches claiming the implementation a new IT platform as its main reasons for doing so.