Showing results for tags 'smaller'.
Low-value civil court cases in England and Wales could be dealt with by an online disputes system similar to that used by eBay, a report recommends. A Civil Justice Council report says settling non-criminal cases of less than £25,000 online would reduce the expenses generated by a court. Principal author Prof Richard Susskind said eBay disputes were "minor", like many civil court cases. Her Majesty's Courts and Tribunals Service says it welcomes the report. The proposed online dispute resolution scheme would be similar to the one used by
Sixty percent of PPI compensation claims handled by some smaller lenders have been challenged by regulators for being unfair to customers. The Financial Conduct Authority said a survey of medium-sized banks had found problems with the way many of the lenders dealt with PPI complaints. According to the report, the regulator said it “disagreed” with the way two thirds of the 18 banks surveyed had rejected claims for compensation for mis-sold PPI policies. Where these banks had offered redress, the FCA said it had concerns with 43pc of the offers made to victims, adding the firms “did not d
Online sales are also up by 20% http://www.bbc.co.uk/news/business-18420380