PPI costs push Shop Direct into the red | Gladstone Brookes

PPI costs push Shop Direct into the red

PPI costs push Shop Direct into the red

⚠️ With the PPI Deadline less than a year away, now would be the perfect time to check!

Shop Direct – which owns catalogue brands Littlewoods and Very – have announced a £48.3 million loss for 2018, caused by a massive surge in the money they have set aside to pay out successful PPI claims.

The firm say the Very website has done well in the last year, with sales rising by 10% to £1.4 billion, but it also announced the number of PPI claims has soared.

Claims deadline

As the PPI claims deadline of August 29th draws ever closer, Shop Direct has added another £169 million to its contingency fund – a 51% increase on the previous year.

Are you hoarding ‘round pounds’?

Do you have a hoard of the old ‘round pounds’ which ceased to be legal tender October 2017?

Are you hoarding ‘round pounds’?

Do you have a hoard of the old ‘round pounds’ which ceased to be legal tender October 2017?

PPI News – Huge PPI payout by Lloyds

Lloyds Bank has made a huge PPI payout of almost £¼ million to a Coventry man who had no idea how much money he was owed.

PPI News – Huge PPI payout by Lloyds

Lloyds Bank has made a huge PPI payout of almost £¼ million to a Coventry man who had no idea how much money he was owed.

PPI News – Are you throwing away the chance of thousands of pounds?

Are you throwing away the chance of thousands of pounds by not making a PPI claim before the August 29th deadline?

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