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January 27, 2016 
Daniel Lee Santander PPI bill to increase again Santander has followed suit with the rest of the major high street banks and added a significant amount to it’s already sky high PPI compensation fund. Despite having to add a further £65 million to the Santander PPI bill it’s UK Chief Executive, Ana Botin, had the audacity to […]
August 5, 2014 Daniel Lee Lloyds Bank Fined a Meagre £218m over Libor Rigging Scandal Put simply, Libor (London Interbank Offered Rate) is an average interest rate calculated via submissions of interest rates by the big banks in the City. The Libor rate is used by the banks to set the cost of borrowing money from one another, and is […]
October 7, 2014 Daniel Lee HSBC PPI bill increased by £75m HSBC are widely expected to follow the likes of Lloyds, RBS and Barclays by adding to their ever increasing PPI compensation fund. The banks in general seem to be under-estimating the costs of the biggest financial scandal ever to hit the shores of the UK, almost on a quarterly […]
September 18, 2014 Daniel Lee Can I Get Money Back on my Packaged Bank Account? The next cock-up coming from the City is the mis-selling of packaged bank accounts. Some customers may even have packaged bank accounts without even really knowing whether they’re suitable, or indeed if they carry any benefits. What is a Packaged Bank Account? If you pay […]
October 7, 2014 Daniel Lee What Was PPI Sold With? Payment Protection Insurance, or PPI as it’s most commonly referred to, has been systematically mis-sold alongside various other products and has been a handsome earner for banks and lenders for decades as they swindled money from customers by taking advantage of their position of trust. For every ten complaints the […]
October 7, 2014 Daniel Lee Lloyds PPI bill rises by a further £600 million Lloyds Banking Group, which includes the likes of Lloyds, Halifax, Bank of Scotland and Black Horse to name a few, has today issued it’s most recent figures. The bank, part owned by the UK taxpayer following a rescue package by the government, has today revealed that […]
