As the deadline approaches, the loss of payouts will have a big impact on the claims industry – and, some fear, the economyIt’s a date that some in Britain have been dreading, but that for others can’t come too soon. No, not 31 October, the Brexit date, but 29 August – the final deadline for complaints about payment protection insurance (PPI).At 11.59pm this coming Thursday, the UK’s financial regulators will bring down the shutters on Britain’s costliest ever consumer scandal. Continue reading…
Via: The end of a scandal: banks near a final release from their PPI liabilities

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