Banks face second wave of PPI payouts and they are desperate to stop it

Millions of Britons could be entitled to a second wave of lucrative payment protection insurance (PPI) compensation after a series of court rulings found the products were “unfair”. It means anyone who was denied a payment, received only partial refunds or has never claimed can demand all their money back — regardless of whether the products were appropriate for them or not.

Source: The Times
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