PPI deadline: What you need to know

Millions of consumers in the UK were missold payment protection insurance by banks - money that for years now we’ve been told we have a right to claim back. Since 2011, £31.9billion has already been paid out in compensation, making it the most expensive scandal the Financial Ombudsman Service has ever seen. But time is almost up - and with the average PPI payout at £2,750 you don’t want to miss out on a claim.

Martin Lewis is here with what you need to know before the claim deadline hits in six months time.