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Royal Bank of Scotland (RBS) on Wednesday lost an appeal over unfair commissions that were charged to customers who were sold payment protection insurance (PPI), potentially increasing lenders’ ...

An estimated 16 million Payment Protection Insurance (PPI) were sold in the U.K. between 2005 and 2011. It subsequently emerged many were mis-sold, with some borrowers being wrongly told they had to ...

Banks will pay out “substantially less” compensation for hidden commission in car finance loans than they did during the Payment Protection Insurance scandal, according to Nikhil Rathi, chief ...

On social media, text and even by post, a message has been bombarding Britons: you could be owed thousands of pounds for mis-sold car loans. A decision two years ago by the Financial Conduct Authority ...

The financial regulator plans to carry out undercover research on sales of a controversial type of insurance to ensure new regulations are being followed. Speaking to the BBC's Inside Money programme ...

The Competition Commission (CC) must reconsider its plans to ban selling payment protection insurance (PPI) at point of sale, following a tribunal ruling. In Barclays Bank v Competition Commission, ...

Hundreds of customers are being refunded after insurance company Paymentshield failed to send important information about PPI policies. The Competition and Markets Authority (CMA) has issued ...

LONDON, Oct 4 (Reuters) - Royal Bank of Scotland (RBS) on Wednesday lost two lawsuits over unfair commissions that were charged to customers who were sold payment protection insurance (PPI), ...