BBA rules out PPI appeal as banks plan for payouts
The British Bankers' Association has abandoned plans to appeal a high court ruling, after four of the major banks have set aside money for to compensate mis-selling payment protection insurance.
The High Court threw out a judicial review by the BBA and upheld the Financial Services Authority rules on how complaints into PPI are handled in April. On 5 May, Lloyds Banking Group announced it had
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