How a Banking Scandal Is Bolstering Britain’s Economy

You may remember back in July how we wrote about compensation from mis-sold payment protection insurance in the U.K. giving the economy a much-needed boost. Banks operating in the U.K. had set aside billions of pounds to compensate customers who’d been been sold insurance that would pay their mortgages, for example, if they were fired or got sick.

via How a Banking Scandal Is Bolstering Britain’s Economy – MoneyBeat – WSJ.

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