The biggest scandal in UK banking history is set to cost British banks over £35 billion – a third of which has already been paid back to consumers! The banking regulator (The Financial Conduct Authority) has recently announced that it’s considering a deadline for PPI claims to be submitted, possibly the Spring of 2018, which would be 20yrs on from when PPI was first brought to our attention as being a flawed product. Below is an infographic by Oracle Legal chronicling the story to date…
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