The Latest from our blog
Lloyds Banking Group has announced yet another increase to their PPI provisions, setting a further £550m aside to pay back mis-sold consumers.
Millions of UK consumers are just 1 month away from missing out on mis-sold PPI compensation as the claims deadline enters its final countdown today.
Major banks and lenders will no longer accept new PPI complaints after the FCA’s claims deadline of August 29th, despite billions in provisions still waiting to be claimed.
... Read more
With just 2 months to go until the PPI claims deadline, industry regulator the Financial Conduct Authority (FCA) has launched the latest wave of its ‘Arnie’ advertising campaign.
The voice of... Read more
In our new series we investigate the numbers behind ‘the biggest mis-selling scandal in financial services history’ – PPI.
In this first instalment we look at the staggering amounts that tell the true story of the saga - the provisions set aside by lenders, how much has been claimed back so far and just how much profit was made from mis-... Read more
Barclays and RBS are amongst the banks hit with a new multi-million pound fine over a rate fixing scandal which has now cost the global banking industry billions.