UK banks have asked the Financial Services Authority to set a deadline of April 2014 for all further claims for compensation for mis-sold payment protection insurance (PPI) policies.
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Feed SubscriptionHSBC Joins RBS In Refunding Forgotten ATM Cash
High Street bank HSBC is to join RBS in refunding customers who forget to take their cash from ATMs following withdrawals.
Read More »Borrowing in UK public sector hits record high of £14.4bn
UK public sector net borrowing was £14.4bn in August, the Office for National Statistics has said, the biggest deficit for the month since records began.
Read More »Excessive card surcharges: Government plans clampdown on debit and credit cards
Government plans to clampdown on excessive card surcharges on debit and credit cards transactions.
Read More »Payday lenders agree new rules
Payday lenders have agreed a new code aiming to ensure that vulnerable UK customers are not caught out by "hidden charges".
Read More »Visa and Mastercard make $7.25bn fees dispute settlement
Credit card companies Visa and Mastercard and major US banks have agreed to a $7.25bn (£4.65bn) settlement to retailers over card fees.
Read More »ATMs to soon operate without a card
New technology to enable people to withdraw money from cash machines using their smartphone has been unveiled.
Read More »Figures show consumers’ cautious approach to credit card in April
Bank of England figures show that credit card lending recorded its biggest monthly contraction in April since August 2006.
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