Covid-19 saw the nation pull together in a way that our generation has been lucky enough until now to never see before.
12:23 pm Financial Conduct Authority (FCA)
PPI News – Gladstone Brookes Top 20 Payouts for April 2020
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.
FCA wants more emphasis on good outcomes for 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.
FCA asks banks to explain 40% overdraft rates
Britain’s high street banks are being asked to explain how they calculated their new 40% overdraft rates by the country’s financial watchdog.
FCA warns banks to stop short-changing loyal customers
Britain’s financial regulator has warned banks to stop short-changing loyal customers while rewarding new accounts with special ‘teaser rates’.
FCA chief to be new governor of the Bank Of England
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.
FCA bans marketing of mini bonds to ordinary savers
Britain’s financial regulator has banned the marketing of mini bonds to ordinary savers from January.
PPI News – Lloyds profits hit by £1.8 billion PPI hike
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.
PPI – The Beginning of the End?
Well, that’s it! The PPI saga is over and done with as the much heralded deadline passes into history.