The UK’s banks ombudsman could be forced to pay millions to a group of the UK’s top lenders after the High Court quashed four decisions the body made earlier this year on overdrafts and credit cards. The Financial Ombudsman Service (FOS) has been put on the hook for what could top £2m in legal fees after the court [...]
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September 7, 2026 at 3:47 PM
Banks ombudsman on the hook for millions in legal fees to Barclays and Santander
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