The Latest from our blog
A potentially ‘enormous’ number of UK consumers are still yet to claim for mis-sold Payment Protection Insurance (PPI) according to the Chief Executive of the Financial Ombudsman Service (FOS).
Caroline Wayman, who is also Chief Ombudsman at the FOS, says PPI complaints are still at a ‘significant... Read more
Lloyds have ‘potentially harmed customers’ interests’ by committing a ‘serious’ Payment Protection Insurance (PPI) breach according to the Competition and Markets Authority (CMA).
PPI rules dictate that customers should be sent annual statements that allow them to keep track of their premiums, but an error meant that hundreds of Lloyds... Read more
Latest figures from the FOS show that PPI still makes up the majority of their workload, and there was a warning from the head of the executive team that this number could... Read more
Lloyds Banking Group has once again increased its Payment Protection Insurance (PPI) provisions after the Financial Conduct Authority (FCA) announced a deadline on all new claims for August 2019.
... Read more
Public attention to the poor conduct of Britain’s banks has been diverted due to the Brexit referendum, according to a senior finance journalist.