Mis-sold financial services products set to cost N Brown up to £24m
Mis-sold financial services products by Manchester-based home shopping group N Brown are to cost the company between £22m and £24m.
The company has had made provision for £12m of exceptional costs for its 2017 financial year, but now ways an additional £9m has now been set aside. “We now expect the cost of likely future complaints to be higher than our previous estimate,” the company said.
The reasons for this is that the Financial Conduct Authority's industry-wide deadline for complaints has been announced as August 201... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
