Tag Archives: Banks

£10 Million More Needed By Bailed Out Bank?

A top financial analyst is suggesting that Britain’s bailed out banks could need to raise another £10 billion to see them through the current financial crisis. Both Lloyds Banking Group – which includes HBOS – and the Royal Bank Of Scotland (RBS) may be forced to seek an extra £5 billion in funds to top [...]


Worried banks demand claims deadline

The payment protection insurance (PPI) mis-selling scandal is bigger than anyone could have predicted. Banks have been found guilty of selling the expensive insurance policies incorrectly for years and finally, following a landmark High Court ruling in 2011, consumers were given the chance to fight back. The ruling meant that anyone who believed they had [...]


We’re out of recession, did you notice?

According to latest figures the UK is officially out of recession. The economy grew by 0.1% in the last quarter and all is well again. Or is it? While the government is eager to push this ‘good’ news out, many people are left questioning whether the figures are true or, if they are, whether or [...]


Are the Banks Stalling? Mistakes and Delays Lead to Thousands Still Waiting

Many news providers have reported that ‘delays and mistakes by banks’ mean thousands of people are still waiting for their payment protection insurance (PPI) refund. It has been nine months since certain banks promised to offer ‘no-quibble’ payouts and although a selection of people have received their refund with little hassle; it is not the [...]


Increasing Number of Businesses Believe Banks ‘Unsupportive’

We have reported in the past on the techniques used by banks that treat customers as nothing more than sales figures and now new figures show that many businesses – who rely on banks to stay in operation – believe that they are unsupportive to their needs. The number of businesses who believe that banks [...]


Categories

Archive