Banks have lifted their unilateral hold on complaints about the mis-selling of payment protection insurance (PPI) following their crushing defeat in the key judicial review.
Consumers received a massive boost this morning as the banks' trade body pulled out of legal action to stop the multi-billion pound payout of payment protection insurance (PPI) compensation to mis-selling victims.
Lloyds Banking Group has admitted defeat and is pulling out of legal action to stop the multi-billion pound payout of payment protection insurance (PPI) compensation to mis-selling victims.