More than 40,000 customers of former payday lender Wonga are seeking compensation with more expected to follow suit, administrators have said.

The total is four times the previous estimate, accountants Grant Thornton said, although many will expect little in terms of redress.

These customers have complained about being mis-sold loans they could not afford to repay.

The Treasury Committee of MPs has said their cases have been “cast aside”.

New compensation claims

Wonga fell into administration in August last year, with thousands of customers awaiting ombudsman rulings on whether they were mis-sold loans.

The company’s demise in the UK followed a surge in compensation claims from

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