Yet the future of the lender Amigo is in doubt after it lost a crucial court judgement. At stake is not just the compensation owed to tens of thousands of customers, but also around 405 jobs at the Bournemouth-headquartered business. The company had warned that it was “highly likely” to go into administration if the Financial Conduct Authority (FCA) stood in the way of a proposal to cap the compensation it pays to large numbers of complainants. That view was not accepted by a High Court judge, who agreed with the FCA that rejection of Amigo's scsheme would “probably not lead to the imminent insolvency of the group”.