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The Financial Services Compensation Scheme is accepting claims from customers who lost money through two failed Lancashire businesses.
The FSCS, the UK's statutory compensation scheme, protects customers of authorised financial services firms which carry out certain regulated activities. The organisation made the announcement after two Lancashire firms, and a third company in Cumbria, were declared in default.
A declaration of default means that FSCS is satisfied a firm is unable to pay claims for compensation made against it. This paves the way for customers of that firm to make a claim for compensation with FSCS.
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