Co-operative PPI Claims – A short history For almost two decades, banks in the UK were mis-selling Payment Protection Insurance, often referred to as PPI. This was a simple case of banks putting their own greed for making profits over providing an honest business service. There are many examples where the banks were selling PPI […]
RBS PPI bill up again The much troubled RBS / Natwest banking group has seen it’s fair share of misery since the financial crash, and the bad news just keeps on coming. Every quarter banks report their profits and losses to the city and their shareholders. Hot on the heels of Lloyds, Barclays and Tesco, […]
Barclays PPI compensation bill rises £1.1 BILLION in just 3 months It’s the season when UK banks and lenders have to advise the city, and their shareholders, of their quarterly figures. This also means that we can pretty much guarantee that the PPI bill, which is now well above the initial estimation of £25 BILLION, […]
Citi PPI Claims – Another culprit We now know that during the 1990s and 2000s that our banks and other financial institutions were mis-selling Payment Protection Insurance (PPI) on an enormous scale. Banks were shockingly selling this insurance to customers, not for the benefit of the customer, but for the benefit of the bank, such […]
Tesco PPI Bill You may have noticed that our, once all-powerful, supermarket giant, Tesco have recently been in the news for all the wrong reasons regarding their mis-calculation of profits. As if things couldn’t get worse for the struggling grocer, they have released new figures stating that their banking arm is to increase the Tesco PPI bill […]
Bank of Scotland PPI claims – Let’s begin The Payment Protection Insurance (PPI) scandal is far from finished; there are 7 million of the banks’ greed that are yet to be compensated. These insurance policies were intended to cover loan repayments should a customers fall ill or lose their job. However, all too often, they […]