Money Advice Archives | Gladstone Brookes

Blog Category: Money Advice


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.

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FCA wants more emphasis on good outcomes for clients

FCA wants more emphasis on good outcomes for clients

Britain’s financial watchdog wants firms to concentrate more in future on good outcomes for their clients than dedicating too many of their resources to redress and remediation.

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UK Banks Could Lose £ Billions Through Coronavirus

UK banks could lose £ billions through coronavirus

Fear over how the coronavirus will affect outstanding loans to companies struggling with the coronavirus pandemic could cost UK banks billions of pounds, claims a new report.

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PCP car loan – were you mis-sold?

Were you mis-sold a PCP car loan?

Tens of thousands of UK motorists could be owed compensation for mis-sold car finance loans known as personal contract plans (PCP) after a two year investigation found some motorists were paying £1,100 over the odds on their finance.

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PPI News – CMA forces Paymentshield to pay £380,000 for PPI breaches

CMA forces Paymentshield to pay £380,000 for PPI breaches

Britain’s Competition and Markets Authority (CMA) has forced Paymentshield to pay £380,000 compensation to hundreds of customers for breaches of PPI rules with further payments expected in the near future.

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Coronavirus – Don’t fire people because of the Pandemic

Coronavirus - Don’t fire people because of pandemic

As the effects of coronavirus change with almost bewildering speed, the new Bank Of England governor Andrew Bailey has asked firms to think twice before firing people because of the coronavirus pandemic.

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Cavity wall scandal ‘could be as big as PPI’

Cavity wall scandal could be as big as PPI

A Welsh MP is calling on the government to investigate thousands of complaints about cavity wall insulation in a scandal that ‘could be as big as PPI’.

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PPI News – No PPI decision yet for hundreds of thousands

No PPI decision yet for hundreds of thousands

Six months after the PPI claims deadline on August 27th last year more than half of claimants have still had no decision on their complaint.

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PPI News – Co-op Bank takes £62.5 million hit for PPI

PPI News - Co-op Bank takes £62.5 million hit for PPI

Pre-tax losses for the Co-operative Bank widened to £152.1 million from £140.7 million after the bank took a hit of £62.5 million for mis-sold PPI over the last year.

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Lloyds, Virgin Money and Direct Line cuts hundreds of jobs

Lloyds, Virgin Money and Direct Line to cut hundreds of jobs

Just a week after announcing a 26% drop in profits, Lloyds Banking Group (LBG) has announced it is shedding the equivalent of 780 full time jobs across its branch network.

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