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16th May 2013
Claimants who have successfully claimed back PPI refunds are splashing the cash on new cars, family holidays and home improvements, according to The Sun...
Posted in PPI, Mis-selling Scandal, UK economy, Banking, PPI Reclaim
7th March 2013
The four largest banks in the U.K are meeting today to discuss whether they are to push for a deadline for consumer PPI claims.
Posted in Banks, UK, PPI, Mis-selling Scandal, Banking, Payment Protection Insurance
5th March 2013
It has been revealed today that the Financial Ombudsman Service is now taking on upward of 2,000 claims per day, as banks continue to struggle to deal with the large volume.
Posted in PPI, Mis-selling Scandal, UK, Banking, Payment Protection Insurance
19th February 2013
Lloyds Banking Group has been fined £4.3m for delaying compensation payments to customers over Payment Protection Insurance (PPI) mis-selling.
Posted in PPI, Lloyds Banking Group, Mis-selling Scandal, UK, Banking
29th January 2013
A record level of 11,000 complaints a week about mis-sold Payment Protection Insurance were made to an ombudsman between October and December.
Posted in PPI, Mis-selling Scandal, Financial Ombudsman Service, Claims, UK