HSBC have announced they have set aside a further £340 million for PPI redress costs, bringing the total PPI provisions across the banks to a staggering £10 billion. Last week Lloyds increased the ...

People have been warned they could miss out on PPI refunds as a flurry of last-minute claims could see phone lines overwhelmed and websites crash. Consumers were told “this is big money, don’t leave ...

More key economic data hits the tape this morning. An hour ahead of the opening bell, the latest Producer Price Index (PPI) report for May comes a day after Consumer Price Index (CPI) data. Look at ...

“We would expect any outcome — if we are to move forward with an industrywide compensation scheme — to be substantially less than the PPI episode,” Rathi said in an interview with the Sunday Times.

Major economic data is out this morning, and it’s having an impact on trading futures. Inflation metrics and employment tallies — both sides of the Fed’s dual mandate — were represented. As a result, ...