Restriction approved for payment protection insurance

Thursday 14 October 2010 08:33 BST

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

A ban on the sale of payment protection insurance at the same time as credit cards, loans and mortgages will go ahead, the competition watchdog said today.

Providers will instead have to wait seven days before they can contact customers to sell them the insurance, the Competition Commission confirmed.

The move upholds an earlier ruling it made on plans for a point-of-sale prohibition, which was subject to an appeal by Barclays.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Restriction approved for payment protection insurance

Join our commenting forum

Thank you for registering