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The PPI mis-selling scandal is still far from over...

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29th May 2015

If you thought we might soon see the end of the PPI mis-selling scandal, think again! It's not too late to investigate whether you're entitled to a refund.

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Posted in PPI, Mis-sold PPI, PPI Scandal, The Independent, FCA, FSA

Lloyds has set aside an extra £1.8bn for mis-sold PPI

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3rd February 2014

Lloyds Banking Group has set aside an extra £1.8bn to compensate customers it mis-sold payment protection insurance to, taking the total cost to almost £10bn.

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Posted in PPI, Lloyds Banking Group, Mis-selling, Compensation, PPI Scandal

PPI complaints to the Ombudsman still increasing...

29th May 2013

Consumers complained to the Financial Ombudsman Service (FOS) in record numbers last year, says Chief Ombudsman Natalie Ceeney.

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Posted in PPI, UK Banking, PPI Scandal, FOS, Ombudsman

Only 1 in 10 people have made a compensation claim against mis-sold PPI...

29th May 2013

Natalie Ceeney, the head of the Financial Ombudsman Service, said many bank customers were still unaware whether they had bought PPI policies because they were often included with loans automatically.

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Posted in PPI, PPI Scandal, UK Banking, Claims

Tesco increase PPI provision by £85million

17th March 2013

Tesco's Edinburgh-based financial arm set aside a further £85m in the second half of 2012, bringing the total charge for the year to £115m. The cumulative charge now stands at £222m.

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Posted in PPI, Tesco Bank, PPI Scandal, UK Banking