Barclays' mis-selling bill rises

Updated
Barclays
Barclays

Barclays has ramped up provisions for mis-selling by £2 billion as it admitted claims for payment protection insurance (PPI) were failing to slow as quickly as it had hoped.

The bank put by another £1.35 billion to cover PPI compensation claims and a further £650 million for complex interest rate products that were mis-sold to small businesses.
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