40,000 interest rate swap agreements may have been mis-sold to small businesses in 2001
The Financial Conduct Authority (FCA) have estimated that in 2012, up to 40,000 interest rate swap agreements may have been…Read More
Posts By: Roger Pritchard
The City Regulator has warns banks with heavy fine
In light of a landmark Supreme Court decision in 2014, The Financial Conduct Authority (FCA) has ordered banks to review…Read More
£3.2m of the £42.2m PPI consumer communications campaign budget has been spent so far
The Financial Conduct Authority (FCA) launched a two year campaign in March 2017 to set the end-point for the PPI…Read More
Lloyds Banking Group has the highest bill for PPI mis-selling
Recent reports have revealed that Lloyds Banking Group has the highest bill for PPI mis-selling at around £17billon. Half the…Read More
Thousands of NHS health board employees mis-sold PPI
Thousands of NHS health board employees who have guaranteed no compulsory redundancies were sold “pointless” redundancy cover and PPI insurance.…Read More
Queensbeck client gets an offer to reduce their debt from £26,975.57 to £2,000
The Noon family had a manageable secured loan with Welcome Finance; £26,975.57. Mr Noon became very ill and was unable…Read More
231,512 complaints are expected to be targeted at 2 banks
231,512 complaints are expected to be targeted at joint partnership banks; Marks & Spencer and HSBC for mis-sold Payment Protection…Read More
PPI compensation reaches £26.9billion
The total amount of PPI compensation paid since January 2011 is £26.9billion. £246.4million of this was paid out in March…Read More
Barclays being sued for £1bn Mis Sold PBP
Barclays is being sued for over £1billion by American Owned Credit Card Company; CCUK, due to loans with mis-sold payment…Read More
FCA release a warning to email recipients
The Financial Conduct Authority (FCA) has warned email recipients to immediately delete their ‘FCA Regulation 2017’ email that appears to…Read More