Banks abandon fight against PPI compensation payments
The banking industry has abandoned a legal fight over the mis-selling of payment protection insurance (PPI).
Insurance compensation ruling worth up to £4.5bn due today
A High Court judge gives his ruling today in a challenge brought over new regulations to control the selling of payment protection insurance (PPI) to borrowers.
Banks bid to block PPI rules
Banks will try to block moves by the regulator to ensure fair payouts for victims of debt insurance mis-selling.
PPI compensation could reach £2.7bn, says regulator
Two and three quarter million people could be refunded as much as £2.7bn for being mis-sold Payment Protection Insurance (PPI)
PPI still mis-sold, says Which?
Many people are still being misled into buying payment protection insurance (PPI) to cover their credit card payments, Which? claims.
PPI complaints 'could run into tens of thousands'
Finance Daily (19 February) looks at new research arguing that the PPI market clampdown could still cost the consumer as banks try to compensate for their losses