{"id":31872,"date":"2016-10-27T19:46:55","date_gmt":"2016-10-27T12:46:55","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/bill-for-ppi-mis-selling-scandal-tops-40bn\/"},"modified":"2016-10-27T20:02:25","modified_gmt":"2016-10-27T13:02:25","slug":"bill-for-ppi-mis-selling-scandal-tops-40bn","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bill-for-ppi-mis-selling-scandal-tops-40bn\/","title":{"rendered":"Bill for PPI mis-selling scandal tops \u00a340bn"},"content":{"rendered":"


\nMove by Barclays to set aside extra \u00a3600m further inflates already huge cost of UK mis-selling scandal to banking sectorBanks and financial services companies have racked up more than \u00a340bn in costs to handle the payment protection insurance scandal.The costliest mis-selling bill in UK financial services history became even more expensive on Thursday after Barclays set aside a further \u00a3600m to handle the cost of claims. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Bill for PPI mis-selling scandal tops \u00a340bn<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Move by Barclays to set aside extra \u00a3600m further inflates already huge cost of UK...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-31872","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-8i4","jetpack-related-posts":[{"id":46209,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/just-one-in-five-complaints-about-potential-mis-sold-ppi-made-so-far\/","url_meta":{"origin":31872,"position":0},"title":"Just one in five complaints about potential mis-sold PPI made so far","date":"March 3, 2017","format":false,"excerpt":"\r UK\u2019s financial watchdog sets final deadline of August 2019 for filing claimsBritain\u2019s financial watchdog has admitted that only one in five potential complaints about mis-sold payment protection insurance had been made so far, as it set a final deadline of August 2019 for filing claims.The cut-off of 29 August\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21757,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/extension-of-ppi-payback-period-small-comfort-for-customers-hit-by-mis-selling\/","url_meta":{"origin":31872,"position":1},"title":"Extension of PPI payback period small comfort for customers hit by mis-selling","date":"August 3, 2016","format":false,"excerpt":"\r FCA\u2019s decision to move time bar to 2019 still doesn\u2019t address merciless, industrial-scale scamming by banksOn the face of it, drawing a line under the payment protection insurance mis-selling scandal seems a reasonable idea. There can be few consumers unaware of the gigantic scam perpetrated by the big banks\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17562,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/barclays-plunges-26pc-as-40bn-wiped-off-the-value-of-british-banks\/","url_meta":{"origin":31872,"position":2},"title":"Barclays plunges 26pc as \u00a340bn wiped off the value of British banks","date":"June 24, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Barclays plunges 26pc as \u00a340bn wiped off the value of British banks","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3105,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-to-reclaim-ppi\/","url_meta":{"origin":31872,"position":3},"title":"How to reclaim PPI","date":"November 1, 2012","format":false,"excerpt":"\r Average payment protection insurance compensation is \u00a32,750. Here's how you can go about making a claimThe PPI mis-selling scandal may have been news for years now, but it shows no sign of abating. Lloyds Banking Group has set aside an extra \u00a31bn on top of the \u00a34.3bn it has\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3107,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/banks-face-bigger-ppi-mis-selling-bill-as-regulator-considers-compensation-rules\/","url_meta":{"origin":31872,"position":4},"title":"Banks face bigger PPI mis-selling bill as regulator considers compensation rules","date":"May 27, 2015","format":false,"excerpt":"\r Financial Conduct Authority statement means more customers could be eligible for payout because of supreme court ruling on commissions Banks could face a bigger bill for mis-selling payment protection insurance after the City regulator said it was considering new rules on how customers should be compensated.The Financial Conduct Authority\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12906,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/serious-risks-of-more-mis-selling-in-financial-services-market\/","url_meta":{"origin":31872,"position":5},"title":"'Serious risks' of more mis-selling in financial services market","date":"May 13, 2016","format":false,"excerpt":"\r Pension freedoms introduced last year could be a potential trigger for PPI mis-selling on a mass scale, say MPsThere are \u201cserious risks\u201d of further mis-selling scandals erupting in the financial services industry and stronger action is needed to tackle problems with the culture of firms, MPs have warned. Related:\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/31872"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=31872"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/31872\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=31872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=31872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=31872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}