Regulator said to be planning cut to maximum amount available to victims from £415,000 to about £85,000
Archived version: https://archive.ph/46uXf
Regulator said to be planning cut to maximum amount available to victims from £415,000 to about £85,000
Archived version: https://archive.ph/46uXf
The title is misleading, this is new legalisation, the current amount that has to be refunded is £0.
It’s in consultation, £415k would be nice… but £85k is still better than nothing, and will fully protect the vast majority of fraud victims.