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Big change to compensation rules plotted by financial ombudsman after complaints - Birmingham Live

Summary by Birmingham Mail
The Financial Ombudsman Service (FOS) is proposing to change the interest rate applied to the compensation awarded to consumers and tie it to the Bank of England (BoE) base rate.

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Birmingham MailBirmingham Mail
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Big change to compensation rules plotted by financial ombudsman after complaints - Birmingham Live

The Financial Ombudsman Service (FOS) is proposing to change the interest rate applied to the compensation awarded to consumers and tie it to the Bank of England (BoE) base rate.

·Birmingham, United Kingdom
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examinerlive.co.ukexaminerlive.co.uk

Ombudsman compensation rule change could be introduced after complaints

The Financial Ombudsman is considering changing the interest rate applied to the compensation awarded to consumers and tying it to the Bank of England base rate

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  • 100% of the sources are Center
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Birmingham Mail broke the news in Birmingham, United Kingdom on Saturday, June 7, 2025.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

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