News
Google News: Banks cave in over PPI mis-selling
[Financial Times] - “PPI epitomised the worst of the banking sector,” said James Daley at advocacy group Which? “This lays the ground for them to change.” As well as the 2m new claims still expected from customers who have been missold PPI in the past, the FSA estimates
Cheques to decline further as guarantee system ends
www.independent.co.uk
[The Independent] - This is another nail in the coffin of cheques," James Daley, editor of Which? Money, said. Groups representing older people have also railed against the decision to end cheque guarantees so soon. "This is simply about the banks not wanting to
Justice delayed
www.beloitdailynews.com
[Beloit Daily News] - For instance, Bates said Judge James Daley in the criminal division might have anywhere from 80 to 100 calendar calls on a Friday, and it will be suddenly very difficult to not have Fridays available to accommodate all those court proceedings.
Lloyds in red after reserving £3.2bn for PPI compensation
www.channel4.com
[Channel 4 News] - James Daley, Money Editor of Which? Money, said he hoped the other big banks would follow Lloyds' lead in abandoning the legal fight with the FSA. He told Channel 4 News: "At the heart of it is the fact that PPI was just a very poor product.
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