PPI News - Gladstone Brookes Top 20 Payouts for April 2020

PPI News – Gladstone Brookes Top 20 Payouts for April 2020

Gladstone Brookes Top 20 PPI payouts for April 2020

Months after the final deadline for PPI complaints in August last year Gladstone Brookes is still recovering life-changing sums of money for its clients.

The Top 20 payouts for April totalled £688,417 with the top five all receiving more than £50,000.

The largest payout was £74,570.67 on a single claim from an HSBC credit card. No less than 14 of the 20 totals came from single claims.

Britain’s high street banks are still checking the millions of complaints they received in the run-up to the claims deadline so the final cost of the UK’s worst ever financial scandal will not be known for some time yet.

Latest figures from the Financial Conduct Authority (FCA) show that with £379.6 million being paid out at the end of November, Britain’s lenders have paid out £38 billion on successful claims since January 2011

GB’s April Top 20 were:

Related Story – https://www.gladstonebrookes.co.uk/blog/2020/04/28/ppi-total-payout-tops-38-billion/

PPI total payout tops £38 billion

The total payout for PPI claims has topped £38 billion and still rising.

PPI total payout tops £38 billion

The total payout for PPI claims has topped £38 billion and still rising.

PPI News – FCA Announce Huge Jump in PPI Claims

Figures just released by the Financial Conduct Authority (FCA) show an 81% jump in the number of claims as consumers rushed to beat the PPI claims deadline in August last year.

PPI News – FCA Announce Huge Jump in PPI Claims

Figures just released by the Financial Conduct Authority (FCA) show an 81% jump in the number of claims as consumers rushed to beat the PPI claims deadline in August last year.

FOS plans significant cut in waiting times

Britain’s Financial Ombudsman Service (FOS) has promised to ‘significantly’ reduce waiting times for complaints in 2020, but has warned the necessary recruitment could be affected by the coronavirus pandemic.

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