Citizens Advice has received a cash boost after a claims handling company which cold-called households under the name "Money Claiming Experts" agreed to pay damages following a High Court ruling that it infringed the MoneySavingExpert.com trade mark.
A record number of disputes regarding the mis-selling of payment protection insurance (PPI) will need to be resolved over the next year, as banks and insurers have subjected customers to "delays and inconvenience", a finance watchdog warned today.
Chancellor George Osborne announced he will uprate some working age state benefits by the planned 5.2%, in line with September's Consumer Prices Index (CPI) inflation figure.
More banks have admitted they are failing to hit the 28-day deadline between agreeing a payment protection insurance (PPI) compensation figure and paying it.
Lloyds TSB customers due a payment for mis-sold payment protection insurance (PPI) have vented their fury at huge compensation delays, though they may be entitled to extra cash as a result.
27 October 2011
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