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Thu 07 Jul 2008Financial ombudsman says ruling will 'slow down' his work

THE FINANCIAL Services Ombudsman says that the High Court judgment which quashed his ruling in a complaint by Enfield credit union against Davy stockbrokers will “slow down” the work of his office.

The ruling was welcomed by Davy, which said it was clear that fair procedures were not afforded to the firm in this case.

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