Ombudsman reports 27% increase in complaints for latest period

Tuesday, 11 September 2012
Articles
Natalie Ceeney, FOS chief executive and chief ombudsman
The Financial Ombudsman Service has released its latest set of six-monthly complaints data relating to individual financial businesses - including banks, insurance companies and investment firms. Read more...

PPI redress reaches £5.4bn for consumers

Wednesday, 15 August 2012
Articles
PPI redress since Jan 2011, source: FOS
The Financial Services Authority has published that Britain's largest banks paid out £614.8m in redress in June to customers who had been mis-sold payment protection insurance. Read more...

Banks set aside further £10bn in PPI redress

Tuesday, 31 July 2012
Articles
Lloyds TSB branch
Banks have put aside over £10bn for payment protection insurance redress, according to Which? consumer group. Read more...

Lloyds records £439m loss after high PPI redress claims

Thursday, 26 July 2012
Articles
Lloyds Banking Group
Lloyds Banking Group recorded a £439m loss after putting aside over £1bn for PPI redress during 2012, according to its half-yearly results out today. Read more...
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