All the updated news related to mis selling

All the news related to mis selling updated in real time

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City

Barclays to pay out £1m in customer refunds over PPI breach

Barclays will pay out £1 million in customer refunds because of mistakes it made over its payment protection insurance (PPI) policies, the UK’s competition watchdog has said. The banking giant will pay an average of £750 to up to 1,306 customers who ...

09 Nov 2022 at 16:38

Personal Finance

Ombudsman service is handling more than 60,000 motor finance commission cases

The Financial Ombudsman Service (FOS) has more than 60,000 complaints cases relating to motor finance commission pending, a committee of MPs has heard. James Dipple-Johnstone, interim chief ombudsman at the FOS, was answering questions from the ...

11 Feb 2025 at 13:01

Drivers should be ‘very pessimistic’ over car finance claims, say lawyers

Drivers should be “very pessimistic” about getting any compensation for taking out a car loan after a landmark ruling by the Supreme Court, experts have warned. Industry analysts also said on Friday that banks will “breathe a sigh of relief” ...

01 Aug 2025 at 19:07

City

Watchdog’s car finance scheme could short-change consumers, MPs say

Proposals to compensate people mis-sold a car loan are “not fit for purpose” and could short-change millions of consumers, MPs and peers have warned. A new report from the All-Party Parliamentary Group (APPG) on fair banking calls on the UK ...

03 Nov 2025 at 18:00

City

Santander to cut costs further as profits rise despite another motor finance hit

Santander UK has revealed a hike in annual profits despite putting by another £183 million to cover costs of the motor finance mis-selling scandal and warned over cost-cutting in the year ahead. The Spanish-owned lending giant reported a ...

04 Feb 2026 at 09:10

Years
2026

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