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Banks ombudsman complaints slump after Treasury overhaul

Summary by City AM
Complaints to the banks ombudsman fell to the lowest level in two years in the last quarter of 2025 as changes from regulators and Treasury ease the caseload. Between October and December the Financial Ombudsman Service (FOS) received 47,300 complaints – a major drop from the 68,400 lodged the year prior. It also maintains a similar rate from the previous quarter where 46,300 new grievances were recorded as new reforms came into affect. Under th…
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City AM broke the news in London, United Kingdom on Thursday, February 5, 2026.
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