At the time of writing, the banks are mulling whether to mount an appeal after they lost their judicial review against an FSA ruling on payment protection insurance (PPI).
It is a major blow for the banks with some estimates saying the ruling could lead to a huge £4.5bn bill as they will now have to contact all past PPI customers and invite them to complain if they thought...
Scams on the rise
Clarity of costs and customers' interests must be priorities
More guidance in August Inflation Report
Charged in April, court proceedings have started
Well-constructed portfolios help investors stick to a plan