A new group legal claim hoping to claw back an estimated £18 billion in payment protection insurance (PPI) premiums on behalf of millions of consumers has been launched. Law firm Harcus Parker lodged ...

Compensation for PPI claims, where lenders sold insurance borrowers didn’t need, cost the banks at least £35 billion ($46.5 billion). Rathi’s comments come after a Supreme Court judgment on Friday ...

LONDON (Reuters) - Britons made a record number of complaints about financial services provision last year, driven by objections about bank account charges and payment protection insurance. The number ...

LONDON (Reuters) -Britain's Financial Conduct Authority said on Wednesday it would launch a market study into so-called pure protection insurance product sales, amid fears that the design of some ...