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PPI News - January 2018

MPs slam Barclays for halting compensation for alleged credit card mis-selling victims

MPs have warned Barclays not to shut a compensation fund for customers mis-sold credit card plans amid claims it could leave customers entitled to pay-outs of more than £200m out of pocket.

Vince Cable, the Liberal Democrat leader, and John Mann, a member of the Treasury Select Committee, urged the high street bank to keep the fund open or risk getting mired in a mis-selling scandal “potentially on a par with PPI”.

Read the full story at The Telegraph.

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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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