News
Northern Rock boss fined £320,000
The Financial Services Authority has announced the third and last fine it is issuing to Northern Rock bosses who faked mortgage arrears figures before the bank collapsed and had to be bailed out by the taxpayer.
Third party claims settled quicker
More motorists are claiming for third party injuries, according to a preliminary report by an Actuarial Profession working party.
Lloyds payment protection deals end
The bailed-out Lloyds Banking Group, which is 41% owned by the public, has stopped selling payment protection insurance to new customers.
Equitable ruling unsound - PO
A report suggesting Equitable Life policyholders should share no more than £500 million in compensation was branded "unsafe" and "unsound" by the Parliamentary Ombudsman.
Equitable members angry with deal
Equitable Life policyholders have expressed anger after a report suggested they should receive no more than £500 million in compensation - a tenth of the amount they claim to have lost.
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