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Latest Posts

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September 21, 2016
Your Money Claim

Barclays PPI compensation bill up £600m First up in the season of quarterly bank reporting is Barclays. Once upon a time these points throughout the year was an opportunity to strut their peacock feathers, and shout from the rooftops just how much profit they’d made, thus enticing more and more shareholders. Whilst there is still […]

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September 21, 2016
Your Money Claim

Lloyds PPI compensation bill set for increase As we head towards the season in which banks and lenders announce their quarterly targets, we expect the PPI bill to increase further. The biggest culprit in the PPI mis-selling scandal is the Lloyds Banking Group, incorporating Lloyds, Halifax, Bank of Scotland and Blackhorse. The Lloyds Banking Group’s […]

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September 21, 2016
Your Money Claim

Northern Rock PPI bill rises by £33m Northern Rock, there’s a blast from the past! A lot of us will remember the huge queues outside Northern Rock branches some 8 years ago, just as the financial crisis was beginning to become apparent. The failure of Northern Rock eventually saw it taken over by Virgin Money, […]

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September 21, 2016
Your Money Claim

Lloyds receive biggest PPI fine ever Yesterday we brought you news of rumours emanating from the Financial Conduct Authority (FCA) that were suggesting the Lloyds Banking Group were about to be fined £100m for their mis-handling of PPI complaints. Today we learn that the exact figure of the fine is £117,430,600 !!! The initial fine was […]

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September 21, 2016
Your Money Claim

Lloyds set for records PPI fine Rumours are starting to surface from the Financial Conduct Authority that Lloyds Bank Group are set to be hit with the biggest fine to date for mis-handling PPI complaints. If the rumours are correct, and we believe they are, then the fine will be almost five times greater than […]

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September 21, 2016
Your Money Claim

Broker sold PPI ruling gives hope A court case which has been rumbling on for some time has shed some new light on broker sold PPI policies. Many banks and lenders used brokers to introduce and set up credit agreements such as loans and mortgages for new customers. In return for introducing potential new customers […]

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