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BRIEF-UK Financial Services Compensation Scheme says interest levy for 2008 failures to fall
June 12, 2017 / 6:15 AM / 2 months ago

BRIEF-UK Financial Services Compensation Scheme says interest levy for 2008 failures to fall

June 12 (Reuters) -

* Financial services compensation scheme to raise levy of 202 million stg in summer 2017 to cover interest costs on Bradford & Bingley resolution

* Financial services compensation scheme says levy in summer 2018 expected to include 106 million stg interest costs, as amount owed to treasury fell following sale of Bradford & Bingley assets

* Charges affect levy payers for 2008 bank failures Source text for Eikon: Further company coverage: [ ] (Reporting By Rachel Armstrong)

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