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CYBG pushed into loss after £150 million PPI hit

£150 million PPI hit pushes CYBG into loss

A £150 million increase in its PPI compensation provision has pushed high street banking group CYBG into a £145 million loss on the year.

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Investigation into treatment of ‘financially vulnerable’ customers

Investigation into treatment of ‘financially vulnerable’ customers

A special investigation has been ordered into the treatment of ‘financially vulnerable’ customers by Britain’s banks and other financial institutions.

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Is the PPI deadline advertising really working?

Is the PPI deadline advertising really working?

With less than a year to go before the PPI deadline the consumer awareness campaign does not appear to be reaching all of its intended targets.

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FCA orders firms to re-open 150,000 cases

FCA orders firms to re-open 150,000 cases

The Financial Conduct Authority (FCA) has ordered financial firms to contact 150,000 people with previously rejected claims to say they can make a new complaint about non-disclosure of commission.

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CHARITY OF THE MONTH – TARGET TOKYO


Bradley Gleave is a man with a mission and the drive to take him half way round the world to Tokyo in 2020 to represent Britain in the Paralympics.

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Lloyds cuts 6,000 jobs but creates 8,000

6,000 jobs to go at Lloyds – and 8,000 to be created

Lloyds Banking Group (LBG) – Britain’s biggest high street lender – is planning to axe 6,240 jobs as part of a £3 billion restructure, but will then create 8,240 new posts to run a newly digitised operation.

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PPI pumps billions back into the British economy

PPI pumps billions back into the British economy

With just weeks to go before Santa brings the happiness of Christmas to families all over the country, Britain’s banks are pumping £1/3 billion a month back into the economy and helping parents buy bigger and better gifts for their children.

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Barclays will not face trial over Qatar deal

Barclays will not face trial over Qatar deal

The High Court has refused an attempt by the Serious Fraud Office (SFO) to re-instate charges against the bank for alleged unlawful dealings with Qatar at the height of the 2008 financial crisis.

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MPs question RBS change of culture

MPs question RBS change of culture

A Royal Bank Of Scotland (RBS) claim that it has changed its culture has been questioned by a group of top MPs as employees involved in what has become known as the GRG scandal are still working for the bank.

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PPI complaints highest for more than four years

PPI complaints highest for more than four years

The number of complaints for the mis-selling of PPI has shot up to its highest level in more than four years according to new figures from the Financial Conduct Authority (FCA).

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