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PPI News - February 2014

Banks Abandon Hopes of PPI Deadline

The banks have given up hope of a PPI Deadline after a snub from the City regulator:.

Read more at Sky News:
http://news.sky.com/story/1210972/banks-abort-ppi-deadline-talks-after-fca-snub

RBS Has Put Aside £3.1bn for PPI Claims and New Mortgages

Royal Bank of Scotland is to set aside more than £3 billion in additional funds to cover litigation and customer compensation claims, the state-backed lender disclosed today.

Read more at The Herald:
http://www.heraldscotland.com/news/home-news/rbs-sets-aside-31bn-to-cover-new-mortgage-and-ppi-claims.1390840365

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Payment Protection Scotland is a trading name of Payment Protection Services Ltd. regulated by the Financial Conduct Authority in respect of regulated claims management activities (SC404848). Its authorisation is recorded on the website at www.fca.org.uk/firms/financial-services-register (Temp Auth No. FRN 837088). Registration with the Information Commissioners Office (ICO); registration number Z354206X. Registered as a company in Scotland; Company Number (SC404848). Registation Address; 272 Bath St. Glasgow G2 4JR

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