Barclays 'to abandon PPI battle'
HSBS and The Royal Bank of Scotland are also put under pressure.
http://www.pressassociation.com/comp...s-publications
Barclays is set to follow its rival Lloyds Banking Group and abandon its legal fight over the mis-selling of payment protection insurance, it has been reported.
The group is expected to announce this week that it will not appeal a High Court decision on the issue, paving the way for thousands of customers who were mis-sold the policies to receive compensation, according to the Sunday Telegraph newspaper.
HSBS and The Royal Bank of Scotland are also put under pressure.
http://www.pressassociation.com/comp...s-publications
Barclays is set to follow its rival Lloyds Banking Group and abandon its legal fight over the mis-selling of payment protection insurance, it has been reported.
The group is expected to announce this week that it will not appeal a High Court decision on the issue, paving the way for thousands of customers who were mis-sold the policies to receive compensation, according to the Sunday Telegraph newspaper.
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