FOS receives 4,000 PPI complaints a week
PPI accounts for 55% of all complaints.
The Financial Ombudsman Service (FOS) has issued a snapshot of its complaint figures for the first quarter of the 2015-16 financial year.
The figures showed that the FOS received 62,105 enquiries about payment protection insurance (PPI) between April and June resulting in 49,377 new cases.
PPI accounted for 55% of all the complaints submitted to the ombudsman in the three month period.
In all of 2014-15 it received 274,517 about PPI and opened 204,943 cases.
Car and motorcycle
In the first
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