PPI Puts Barclays Top Of Complaints Table

Barclays holds the dubious honour of being the most complained about bank during the second half of 2012, thanks largely to the PPI scandal that continues to rock the financial and consumer worlds. The Financial Conduct Authority, which took over from the Financial Services Authority at the beginning of this month, said that the group received more than 400,000 complaints in the whole of last year and this made them the most complained about financial company. The majority of these and other complaints were regarding the mis-selling of payment insurance. Continue reading