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Banks vow to end sales of PPI

The majority of the UK’s high street banks recently announced that the days of single premium PPI are numbered – until the end of the month, in fact.

Having withdrawn our PPI offer several months ago and with plenty of comment from us in this blog and to other bodies, our views on the subject are well documented. But we’re pleased to see that the banks are taking such proactive steps and look forward to seeing what effect, if any, this has on the interest rates that they advertise on personal loans in the future.