PPI News - GB’s Top 20 payments for August 2019 | Gladstone Brookes

PPI News – GB’s Top 20 payments for August 2019

GB’s Top 20 payments for August 2019

In the run-up to the deadline we continued to recover hundreds of thousands of pounds for our clients with the Top 20 payments totalling a massive £703,360.22.

Top payout was £77,597.19± to a Kent man with successful claims against HFC, Marks & Spencer and Halifax.

An even dozen were paid out on single claims, the highest being a Scottish man who received £59,048.65± after Royal Bank Of Scotland (RBS) admitted mis-selling the PPI on his credit card.

Total payout

The overall payout for PPI has now topped £36 billion – a total continuing to rise at a rate of £⅓ billion a month – and expected to soar even higher after the banks were swamped by last minute calls to beat the August 29th claims deadline.

Websites crashed under a deluge of attempts to register before midnight on the last day and consumers took to social media to complain about having to wait hours to try to register their claim by phone.

Millions of claims

It’s not known how many millions managed to beat the deadline, but with claims taking weeks to get a final decision under normal circumstances it’s anticipated it will be well into the New Year before the final payout is known.

Research from think tank New City Agenda has calculated it could be at least £48.5± billion, but other sources have claimed it could top £50 billion.

The Top 20

GB’s top 20 payouts for August were:

± prior to fees and taxes

SCAMS – Quote wizard & Insurance TAX on PPI refunds!

We have been advised that the following numbers have contacted members of the public claiming to be connected to Quote wizard which is an insurance comparison site.

SCAMS – Quote wizard & Insurance TAX on PPI refunds!

We have been advised that the following numbers have contacted members of the public claiming to be connected to Quote wizard which is an insurance comparison site.

CHOSEN CHARITY – Christmas Toy Appeal 2020

It goes without saying that 2020 has been a pretty awful year for most of us and Christmas will be a very different affair than it as been in previous years.

CHOSEN CHARITY – Christmas Toy Appeal 2020

It goes without saying that 2020 has been a pretty awful year for most of us and Christmas will be a very different affair than it as been in previous years.

CHOSEN CHARITY – The Care Workers’ Charity

There is no doubt that 2020 has been a difficult year as the pandemic gripped the country causing thousands of deaths and hundreds of thousands of cases where people have ended up in hospital for extended periods of time as they fought off the effects if the virus.

News by month:

News by Category:


Menu