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3 issues for £1

PPI

PPI compensation bill could hit £4 billion

The financial watchdog has been forced to delay its crackdown on controversial payment protection insurance amid fears from banks that redress to customers could hit £4 billion. Read more
Coins

PPI refunds for 350,000 borrowers

Over 350,000 loan insurance customers will be offered full refunds following a high street insurance broker being found guilty of mis-selling policies. Read more
Piggy bank fallen over

Ban on uncompetitive insurance overturned

The ban on selling payment protection insurance at the point of sale has been put on hold after a challenge by two high street banks. Read more
Padlock

Refunds for mortgage insurance customers

Around one million homeowners who were mis-sold payment protection insurance on their mortgages could claim refunds of £60 million under new measures unveiled by the watchdog. Read more
Magnifying glass

Rejected PPI complaints to be reopened

Hundreds of thousands of people who believe they were mis-sold PPI could get their money back after firms were ordered to reopen previously rejected complaints. Read more

Barclays fights PPI ban

Barclays’ legal challenge against the banning of controversial payment protection insurance will be heard this week. Read more
Loan application

Cost of loans soars

Lenders have been accused of ripping off borrowers after new figures show the cost of personal loans has soared over the past year. Read more

Moneywise

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