Santander extends PPI claims deadline after IT problems

Consumers have until 8pm on Friday 30 August to make phone or online complaintSantander has extended its deadline for submitting claims for mis-sold payment protection insurance (PPI) until 8pm on Friday 30 August after suffering a website glitch that …

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PPI claims: consumers hit by online and phone problems as deadline looms

Santander apologises for IT glitch and other banks report long call-waiting timesConsumers making last-minute claims for mis-sold payment protection insurance (PPI) have had to deal with crashing websites and jammed phone lines as banks struggled to co…

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Use it or lose it: just hours left to put in PPI compensation claim

FCA urges British consumers to submit their complaints by 11.59pm deadline on ThursdayUK consumers have just hours left to submit a complaint about payment protection insurance (PPI) before they lose their chance to claim compensation.The deadline is 1…

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The end of a scandal: banks near a final release from their PPI liabilities

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…

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Call for cut in stock market trading hours to aid working parents

Proposal by City lobby groups could make the industry more accessible to womenCity lobby groups are proposing cutting stock market trading hours to help make banking and asset management more accessible to women and working parents.The Investment Assoc…

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City regulator intervenes as Burford alleges market manipulation

Litigation finance firm hits back after attack by Muddy Waters hedge fundThe City regulator has begun “wide-ranging enquiries” following the US hedge fund Muddy Waters’ attack on the UK-listed Burford Capital last week that sent its shares plummeting b…

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Expand credit unions as alternative to payday lenders, FCA urges

Non-profit cooperatives should be encouraged to disrupt high-cost lenders, says regulatorThe financial regulator is calling for a government review of credit union rules to give vulnerable consumers a viable alternative to payday lenders.The Financial …

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