The PPI scandal: How has it impacted British banks?
Although the mis-sold PPI scandal was uncovered a long time ago, the announcement of a deadline for PPI claims is
Read more
Banking, loans and cards
Call to ban hikes in credit limits without customers’ permission
Credit-card providers should be banned from increasing people’s credit limits without customers specifically requesting the move.
Read more
‘Rip-off’ fees for using a credit card to be abolished
Fees for using credit cards will be abolished next year after the government said it would take action against what
Read more
How far should parents go to bail their adult kids out financially?
Not so long ago, parents raised their children to adulthood with a reasonable expectation that adulthood meant independence in every
Read more
Steep rise in the number of people switching bank accounts
More customers are looking for better deals elsewhere
Read more
Credit-card interest rates are the most expensive on record
Providers giving with one hand but taking away with the other
Read more
Huge increase in contactless payments
Last year saw more than a billion transactions in the UK
Read more
Current-account fraud shows signs of massive growth
ID thiefs stepping up their efforts to apply for new products
Read more
‘Retry process’ saves customers from more than £200m-worth of bank charges
Account-holders have until at least 2pm to pay in sufficient cleared funds
Read more
New protection for bank customers who send money to the wrong account
But system still allows for recipients to contest any refunds
Read more