Lloyds Banking Group is preparing to compensate over 7,000 customers who were mis-sold supposedly low-risk structured products, according to The Times.
The bank's trade union told the paper that Lloyds is writing to 7,250 customers of the bank and investment arm Scottish Widows, who were mis-sold structured products. These included the Acorn Market...
Effective as of 1 November
In this week's inflation print, the UK hit a highpoint. According to the Office for National Statistics, the UK's CPI rate hit 3% - a level not seen in more than 5 years. And it's not just the UK - globally inflation has been creeping up.
Five new entrants to the table
Asset management taskforce set up