Consultation on compensation interest levels launched by the Financial Ombudsman Service
4 June 2025
Today we opened a consultation on the interest rate applied to the compensation awarded to consumers.
Find out how the Financial Ombudsman Service can help when there’s been an IT problem at a bank.
When there’s been a technical issue or an IT system problem at a bank, we tend to hear from people asking us:
Following the technical issues experienced by Santander on Saturday 15 May, Santander has pledged to help its customers who were affected. To see what Santander is saying to its customers, you can look at the information on its website.
But if you’re unhappy with how they deal with what’s happened to you, you can contact us. We can usually get involved 15 days after you’ve raised your concerns with the bank.
Find out more about how we can help with complaints about IT problems at banks, or have a look at our general information on how to complain.
4 June 2025
Today we opened a consultation on the interest rate applied to the compensation awarded to consumers.
22 May 2025
We have raised more than £30,000 for Sands, the UK’s leading pregnancy and baby loss charity – hitting our two-year fundraising target in just 12 months.
6 May 2025
Data published today shows how many complaints we received about financial businesses in the second half of 2024.