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FSCS Faces Strain as Financial Sector Turmoil Raises Consumer Protection Concerns
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FSCS Faces Strain as Financial Sector Turmoil Raises Consumer Protection Concerns
The recent turbulence in the financial sector, particularly the collapse of several high-profile firms, has thrust the Financial Services Compensation Scheme (FSCS) into the spotlight. The FSCS, the UK’s safety net for consumers when financial services firms fail, is now facing increased scrutiny and demand. This situation raises critical questions about the scheme’s capacity… Source
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