MPPI Archives | Gladstone Brookes

Blog Category: MPPI


Gladstone Brooke’s Top 20 PPI Payouts for March 2020

Gladstone Brooke's Top 20 PPI Payouts for March 2020

Gladstone Brookes clients are continuing to receive life-changing sums of money as compensation for PPI they were mis-sold.

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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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PPI News – Lloyds PPI bill of £2.45 billion ‘significantly impacted’ profits

Lloyds PPI bill of £2.45 billion ‘significantly impacted’ profits

The additional provision of £2.45 billion for PPI complaints in 2018 ‘significantly impacted’ the profits of Lloyds Banking Group (LBG) according to chairman Lord Blackwell.

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PPI News – GB Top 20 PPI Payouts for January 2020

GB Top 20 payouts for January 2020

Gladstone Brookes started the year strongly with the top 20 PPI compensation payouts totalling more than £617,000.

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Virgin Money £139 million in the red through PPI

Virgin Money £139 million in the red through PPI

Virgin Money has declared a £139 million loss on the year after being hit with a deluge of PPI claims.

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PPI News – A £350 million PPI cash rebate from the taxman?

A £350 million PPI cash rebate from the taxman?

Successful PPI claimants could be owed a £350 million rebate from the taxman because they may have paid income tax twice on their compensation.

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PPI NEWS – A REVIEW OF 2019

PPI NEWS – A REVIEW OF 2019

2019 was a landmark year for PPI with the much heralded claims deadline passing on August 29th.

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PPI News – Top 20 Payouts For December

GB TOP 20 PAYOUTS FOR DECEMBER

The last month of 2019 produced a good crop of Christmas and New Year surprises for our clients with a dozen of our Top 20 payouts all receiving five figure sums in compensation from just a single claim.

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PPI NEWS – NOVEMBER 2019

PPI NEWS – NOVEMBER 2019

Three months after the PPI claims deadline on August 29th, financial firms are still increasing the amount of cash they have set aside to pay successful PPI claims.

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