PPI News - April 2016
Consumer watchdog warns against 2018 deadline for PPI claims
The City regulator’s plan to set a 2018 deadline for payment protection insurance claims is “ill-judged” and would set a dangerous precedent, according to consumer body Which?
Read the full story at The Guardian.
Banks braced for additional £22bn in PPI claim payouts
Banks face at least another £22bn in payouts over payment protection insurance in a big blow to high street lenders as they try to draw a line under Britain’s costliest consumer mis-selling debacle.
Read the full story at The FT.