Is Britain on the Cusp of Another Multibillion-Pound Consumer Finance Scandal? April 2, 2025 By Sinead Cruise The Supreme Court of the United Kingdom will on Tuesday hear arguments to overturn a judgment that could cost Britain’s...
UK Supreme Court Starts Motor Finance Case With Billions on the Line April 1, 2025 By Jonathan Browning and Adelaide Changole A fight over UK motor finance and whether lenders should be on the hook for billions of pounds in compensation...
UK Banks’ Payment Protection Insurance Scandal Is Getting Costlier September 4, 2019 By Viren Vaghela and Harry Wilson Two major U.K. lenders warned that a last-minute rush by compensation-seeking customers will make the most expensive scandal in British...
U.K. Probing 2 Banks Over Payment Protection Insurance Claims September 10, 2013 By Ben Moshinsky The U.K.’s markets regulator is investigating allegations that banks are dismissing claims for payment protection insurance compensation. The Financial Conduct...
Lloyd’s Insurer Jubilee Welcomes Rules on PPI to Rebuild Confidence February 1, 2013 Jubilee, the specialist Lloyd’s insurer, has broadly welcomed the joint Financial Services Authority (FSA) and Office of Fair Trading (OFT)...