The FSA has welcomed the decision by the British Bankers’ Association (BBA) not to press ahead with a legal challenge of its new payment protection insurance redress measures.

The BBA announced earlier today that it would not be appealing against the High Court’s move to dismiss its judicial review of the FSA’s recently introduced guidelines on dealing with PPI mis-selling cases. “This is a good move and we welcome it,” said a spokesman.

The BBA’s move follows announcements by Barclays and Lloyds that they do not support the appeal.

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The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.