Payouts are due on about 12.1 million mis-sold deals from various lenders at an average of £829 each, the Financial Conduct Authority said.
In Russia, a woman was killed and a man was seriously wounded by a drone strike in the border region of Belgorod, local officials said.
Scottish Conservative leader Russell Findlay has said that poor polling projections are “motivating” his party ahead of the Holyrood election.
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