MILLIONS of Brits could get thousands of pounds in compensation after being overcharged on their loans or bills. Several major collective lawsuits have been launched in the past year and consumers may be able to cash in. 1 You could be in line for compensation from one of these class action lawsuits These legal cases
CHANCELLOR Rachel Reeves may step in to overrule the Supreme Court’s decision relating to the £44billion car finance scandal. The Supreme Court is set to decide next Friday whether motor finance providers should compensate customers over undisclosed broker commission arrangements. 1 The move aims to prevent the scandal from spreading to other financial products beyond
RACHEL Reeves’ tidal wave of tax raids has pushed wealth and talent out of Britain, a top banking boss blasted today. Goldman Sachs chief executive David Solomon warned the Chancellor that London‘s status as a finance capital is now “fragile”. 2 Chancellor Rachel Reeves has been accused of pushing wealth and talent out of BritainCredit:
MOTORISTS affected by the car finance mis-selling scandal have been issued a warning over a simple mistake that could prove costly. Impacted drivers should avoid using claims management companies (CMC) or law firms to get compensation, the regulator has said. 1 The FCA has cautioned against motorists claiming compensation through CMCs Over 23million people believe
A MAJOR UK bank is shutting 38 branches across the UK this July, after signing a deal to snap up a rival. Last month, the bank closed a total of 23 high street stores, after announcing back in March that 95 sites would shut nationwide by the end of the year. 1 Santander is closing
A HUGE banking giant is about to cut opening hours in half at 36 branches within days. Santander is set to change the opening hours of dozens of its branches from June 30. This move comes as part of a broader restructuring, which also includes the closure of 95 branches and the conversion of 18
NATIONWIDE is down, leaving customers unable to receive payments. Customers began to report the issue last night, with some complaining that their payments are listed as pending in the mobile app. 1 Nationwide customers have reported issues with its mobile appCredit: Alamy More than 200 users have logged the issue on Downdetector, which monitors the
MILLIONS of borrowers could be set to receive thousands of pounds in compensation due to the car finance mis-selling scandal. The Financial Conduct Authority (FCA) launched an investigation last year into whether motorists were unknowingly overcharged when they took out car loans. 1 The investigation focuses on past practices where banks allowed car dealerships and brokers to set their own interest