Banks face 'record' PPI complaints

Updated
City of London
City of London

Payment protection insurance (PPI) complaints are on course to more than double the record number already predicted for this year, the ombudsman service has said.


The Financial Ombudsman Service (FOS) has already received nearly 100,000 PPI complaints in the first six months of this financial year and warned that consumers would only face longer waits for justice if banks failed to clear up complaints quickly and fairly.
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