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Blog Category: Banks
Gladstone Brookes is continuing to recover large sums of PPI compensation for clients with October’s overall total topping the £½ million mark at £580,611.95±.
A national newspaper is claiming the Britain’s banks are trying to block a wave of new PPI claims.
Exactly a year after the PPI claims deadline in August last year GB has helped our Top 20 clients to claim back over £¾ million in compensation in a single month.
Gladstone Brookes clients are continuing to receive life-changing sums of money as compensation for PPI they were mis-sold.
There is speculation that there might soon be another massive round of PPI payouts – this time based on the commission consumers were paying on the policies sold to them.
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 total payout for PPI claims has topped £38 billion and still rising.
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.
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.