The FSA has cancelled the permissions given to four firms to carry out regulated activities because they failed to pay fees and levies owed to the regulator.

Paul Maclean trading as Concept Solutions (Edinburgh), owed £1,002.33 while Anthony Ashley Wilson trading as Ashley Wilson Solicitors owed £2,660.08.

Similarly, MercInvest Limited from Liverpool owed the FSA £1,792.32 and Stephen Frank Ellison trading as Surrey Mortgages in Croydon owed 31,347.15.