Tag Archives: Mis-sold PPI
Yorkshire and Clydesdale set aside £51 million for PPI claims
Yorkshire and Clydesdale Banks have set aside a further £51 million to pay customers who have been mis-sold PPI – almost as much as the amount they declared in pre-tax profit for the six months ending March 31st 2013. The joint banks had already earmarked £100 million for PPI compensation in June 2011 and chief [...]
Latest HSBC PPI payout takes their bill to over £787 million
HSBC, the last of the high street banks to publish their quarterly figures, paid £72.7 million in redress for mis-sold PPI in the first three months of the year, taking their total bill to over £787 million. But it remains a fraction of the amounts paid out by the Lloyds Banking Group and Barclays who [...]
Millions not claiming back PPI because they’re not sure how or don’t have time
A YouGov poll has revealed that millions of UK consumers who suspect they may have been mis-sold PPI have not made a claim because they either feel they don’t have enough knowledge to make a claim themselves or simply don’t have the time. The same poll reveals that a third of bank customers no longer [...]
Make your claim before the money runs out
Lloyds Banking Group (LBG) have announced a big jump in pre-tax profits for the first three months of this year, but made no additional provision for compensation payments to people who have been mis-sold PPI. The group – 39% owned by the taxpayer – says pre-tax profits are up to £2.04 billion as compared to [...]
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- Yorkshire and Clydesdale set aside £51 million for PPI claims
- Latest HSBC PPI payout takes their bill to over £787 million
- Millions not claiming back PPI because they’re not sure how or don’t have time
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