PPI Complaints Set to Rise Again According to the Financial Ombudsman Service (FOS), after last year’s record high, PPI complaints have taken a slight tumble. Despite this though, the number of complaints still remains at historically high levels. In the first six months of this year, the FOS has said that it took 133,819 complaints […]
Barclays Lose £500m in Spanish Bank Clearout Barclays has announced that they’ve made losses of £500m on the sale of their Spanish banking division. This follows after they announced their plans to shed unprofitable businesses. At a total cost of £632m, Barclays have sold off their retail banking, wealth, investment management and corporate banking business […]
Barclays Job Fears Barclays, a fairly well known bank you might say. Well, considering they’re one of the biggest banks in the UK, if you don’t know them then you really should. If you’re a football fan, you should know that they sponsor the Premier League and so on and so forth. 100 Jobs Well, […]
PPI Compensation Payments – Have you been underpaid? How on earth are banks and lenders continuing to get away with cheating it’s customers time after time after time? The biggest mis-selling scandal ever to hit the UK has seen yet another twist to the story, following an investigation by the BBC. Investigation into banks compensation […]
RBS Mortgages Advice Failures: Does it Affect You? You may have seen recently that RBS have been fined almost £15 million for “serious failings” in the mortgage advice that they have been giving out to their customers. That’s all well and good that they’ve been fined by the regulator for their diabolical showing when it […]
RBS Receive FCA Fine of £15m for Mortgage Advice The Royal Bank of Scotland is set to receive yet another fine, but this time it’s over mortgage advice, which makes a change to the usual news regarding their part in the huge PPI mis-selling scandal. The FCA (Financial Conduct Authority) is dishing out the fine to […]