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Wake Up to Money

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News and views on business and the world of personal finance. Plus the very latest from the financial markets around the globe

Wake Up to Money: 31/08/2011

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31/08/2011

BBC Radio 5 Live - Wake Up to Money, 31/08/2011

Banks 200 million pounds Pay Out For PPI Mis-Selling Is Just The Start.

News and views from the business world with Steph McGovern and Mickey Clark,  including PPI compensation payments, football transfers and women equality.

Consumers who complained about mis-sold payment protection insurance (PPI) received more than £200 million in compensation over the first six months of the year. That sounds a lot, but when you compare it to the £7.4 billion that the banks have set aside to cover thier PPI mis-selling, you can see that this is just the beginning . Ben Heffer, from the financial research company Defaqto, updates us on the saga. We also look at the deadline on football transfers, women equality and pay as well as the markets and papers.

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Wake Up to Money

31/08/2011

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