Enterprise, Gable collapse pushes FSCS bill to £375mn

The Financial Services Compensation Scheme (FSCS) paid out
£50mn ($64.3mn) in compensation in its last financial year to
customers of Enterprise Insurance and Gable Insurance.
The FSCS gave the figure in a tally of its overall compensation
costs, which totalled £375mn in 2016/2017. The figure includes
an estimated £24mn from claims that have yet to be paid and
compares with £271mn in compensation pay-outs in the FSCS'
2015/2016 year.
Excluding about 740,000 Enterprise and