Barclays to pay out all PPI claims - papers

The bank said it was the first to pay out PPI compensation on a "no-quibble" basis and will reimburse customers the total value of all premiums plus 8% interest, the BBC reports. MORE here Britain’s major banks are on course to beat lending targets set in a government peace deal this year, despite concerns from senior politicians that loan volumes are too low, the Financial Times reports. The secret numbers - dubbed "stretch targets" - are around 10% below the official "capacity targets" published in the Merlin announcement and put the banks on target to beat the overall corporate len...