Northern Rock PPI Claims: The Story As a result of the merger between two North East building societies, the Northern Counties Permanent Building Society and the Rock Building society, both of which were established in the 1800s, Northern Rock Building Society was formed in 1965. Northern Rock expanded in the next 30 years by acquiring […]
An Insight: Abbey PPI Claims A UK based bank and former building society, Abbey National’s history goes way back to 1874 when the Abbey Road & St. John’s Wood Permanent Benefit Building Society was founded and was based on Abbey Road in Kilburn. The society moved to a new headquarters in 1932 when they took […]
PPI Tops FOS Complaints List For those of you that don’t know, the FOS or the Financial Ombudsman Service is a service that was established in 2001 as a result of the Financial Services and Markets Act 2000. The aim of the service was to help settle disputes between consumers and UK businesses that provided […]
Current Account Switches Up 22% Bank accounts; almost everyone has one. They’re almost a staple requirement in everyday life with people needing them so that they can get paid from their job, to make direct debit payments and so the list goes on. Well, after the launch of a new switching initiative last year, over […]
The History & Scandals of the Royal Bank of Scotland Originally referred to as the “New Bank” but in 1727 became known as the Royal Bank of Scotland and in May 1728, the Royal Bank of Scotland invented the overdraft which is still considered to be an innovation in modern banking. The bank opened its […]
Lloyds PPI Claims: The Story So Far Lloyds Banking Group is a major British financial institution which was formed through the acquisition of HBOS by Lloyds TSB in 2009. HBOS is the holding company for Bank of Scotland plc which operates both the Bank of Scotland and Halifax brands in the UK as well as […]