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 ...

Unemployment claims, a critical leading indicator of the job market, increased, with weekly claims up to 248k vs. expectations of 242k. PPI also printed cool at .1% vs. expectations of .3%, with core ...

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) - Lloyds and Barclays on Monday said a surge in late claims could see them pay out around $2 billion more each to settle Britain's costliest consumer banking scandal, the mis-selling ...