The FCA has revoked the authorisation of Manchester-based claims management firm Financial Recovery Solutions Ltd (FRN: 836358) because it said that it considers that the firm is carrying on no regulated activity.

The FCA has cancelled the part 4A regulatory permissions of Glasgow-based firm LR Kennedy Insurance Services (FRN: 311420) after repeated failures from the firm to respond to questionnaires, telephone calls and emails from the regulator.