UK banks push on with dispute system for wronged firms after scandals
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LONDON (Reuters) - Britain's biggest banks are ploughing ahead with plans to set up a new dispute resolution system for small firms wronged by lenders, despite opposition from members of Parliament who say the planned remedies are too weak.UK Finance, a City trade body, said seven banks including RBS , Lloyds and Barclays would set up and fund a complaints service capable of resolving disputes and paying awards of up to 600,000 pounds.Lawmakers and victims of bank mistreatment have been..