Covid-19 saw the nation pull together in a way that our generation has been lucky enough until now to never see before.
Months after the final deadline for PPI complaints in August last year Gladstone Brookes is still recovering life-changing sums of money for its clients.
Britain’s financial watchdog wants firms to concentrate more in future on good outcomes for their clients than dedicating too many of their resources to redress and remediation.
The total compensation paid for PPI mis-selling has broken the £37 billion barrier.
Britain’s high street banks are being asked to explain how they calculated their new 40% overdraft rates by the country’s financial watchdog.
Britain’s financial regulator has warned banks to stop short-changing loyal customers while rewarding new accounts with special ‘teaser rates’.
Andrew Bailey, chief executive Britain’s financial regulator, has been named as the man to take over from Mark Carney who is stepping down as the governor of the Bank Of England in March after six years in control.
Britain’s financial regulator has banned the marketing of mini bonds to ordinary savers from January.
Lloyds Banking Group (LBG) has confirmed it is adding another £1.8 billion to its PPI compensation pot knocking its pre-tax profits down to £50 million for the third quarter of the year – 97% down on the same period last year.
Well, that’s it! The PPI saga is over and done with as the much heralded deadline passes into history.