Recent PPI News

PPI News

So, this week has been a big week for PPI in the news. Martin Lewis was on ITV again talking about PPI and the upcoming deadline and the Financial Ombudsman […]

 

Staff at Royal Bank of Scotland that offer products such as mortgages, loans and credit cards to customers are to have their bonuses scrapped. The move, which comes into force […]

 

Lloyds Banking Group, has asked the Financial Conduct Authority (FCA) to set a tighter time-bar for PPI claims, as its bill for mis-selling PPI reaches £13.9billion. The bailed out bank, […]

 

One Step Closer To A PPI Claims Deadline The banks have been pushing for a PPI claims deadline for some time now. As of yesterday, it’s becoming more a question of when? […]

 

Britain’s leading banks may have to part with a further £30billion over an argument over secret commissions related to payment protection insurance. The Financial Conduct Authority (FCA) is due to […]

 

The cost of the Payment Protection Insurance scandal has reached £13.4 billion for the Lloyds Banking Group, the highest amount amongst all banks and lenders in the UK. Over £1.4 […]

 

The wheels have been set in motion for potentially the biggest ever fine handed out by the City’s financial watchdog for PPI related failings. Over one hundred million pounds is […]

 

The PPI scandal is set to engulf the financial sector with more fines and charges, according to recent figures released. Following even more cases, the major banks have collectively had […]

 

The payment protection insurance scandal has seriously damaged the reputation of the High Street banks. Many consumers have said they won’t trust these banks again for at least a decade. […]

 

The payment protection insurance claims crisis has been a serious challenge for many banks throughout the country. A recent report shows that the crisis may starting to abate. The average […]