Britain's competition watchdog has ordered Royal Bank of Scotland and Santa...
) to appoint auditors to check how they remind customers who have payment protection insurance , amid a mis-selling scandal over the policies.
Both previously breached an order by the Competition and Markets Authority requiring banks to send annual reminders to customers about PPI, the CMA said. RBS has set aside 5.3 billion pounds for PPI compensation so far while Santander expects to reimburse up 1.6 billion pounds worth, according to data compiled by think tank New City Agenda.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canada halts Hong Kong consulate staff travel after UK caseHONG KONG (AP) — The Canadian Consulate in Hong Kong said Friday local staff aren't allowed to travel outside the city including to mainland China, in a move that comes days after a British...
Read more »
Ancient tropical plants produce cones in UK for first time on recordA tropical plant has produced male and female cones outdoors in the UK for the first time in 60 million years, in an event that botanists say is a clear indication of climate change
Read more »
Channel 5 Beefs Up Scripted Slate in U.K.U.K. broadcaster Channel 5 has unveiled a slate of original dramas, marking the latest step in the Viacom-owned broadcaster’s push into scripted content. The new dramas include a two-hour ghost sto…
Read more »
China detains employee of Britain's Hong Kong mission, UK urged to actA Chinese national working at Britain's Hong Kong consulate has been detain...
Read more »
UK posts small budget surplus as government spending rises before BrexitLONDON, Reuters) - Britain posted a smaller-than-expected budget surplus in July...
Read more »
After Germany hints at compromise, France tells UK: no new Brexit dealGerman Chancellor Angela Merkel on Wednesday challenged Britain to come up with ...
Read more »