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The Financial Ombudsman calls PPI 'the biggest mis-selling scandal of all time'. The British Banking Association says the issue needs closure. Is it time to draw a line under PPI?

The Financial Ombudsman Service says that payment protection insurance (PPI) is "by far the biggest mis-selling scandal of all time." Banks have paid out more than 20 billion pounds so far and the British Banking Association says the issue now needs closure.

Nicky Campbell asks: Is it time to draw a line under PPI?

1 hour

Last on

Tue 19 May 2015 09:00

Broadcast

  • Tue 19 May 2015 09:00