The Britons has set a deadline of 2018 for claims by FCA that allege they were missold payment protection insurance, in what may become the UK's costliest consumer finance scandal; banks have already set aside over £28bn to cover compensating the victims. Lloyds, which is thought to be most exposed to the scandal, has put aside £14bn.
The FCA has set a deadline of 2018 for claims by Britons that allege they were missold payment protection insurance, in what may become the UK's costliest consumer finance scandal; banks have already set aside over £28bn to cover compensating the victims. Lloyds, which is thought to be most exposed to the scandal, has put aside £14bn.