Two months after the PPI claims deadline the Gladstone Brooks Top 20 successful claims totalled more than £611,000 with the top payout of £68,896 going to a Gloucestershire woman for six successful claims against HSBC.
Blog Category: MPPI
Lloyds Banking Group (LBG) has confirmed it is adding another £1.8 billion to its PPI compensation pot knocking its pre-tax profits down to £50 million for the third quarter of the year – 97% down on the same period last year.
Santander has become the latest high street bank to boost its PPI provision since the claims deadline on August 29th.
Royal Bank Of Scotland (RBS) has confirmed it has added another £900 million to pay future successful PPI claims, contributing to an £8 million operating loss before tax for the third quarter of the year.
Nationwide has been ordered to pay £2 million in refunds to more than 7,000 of its members for breaches of PPI rules.
Royal Bank Of Scotland (RBS), NatWest and Ulster Bank have announced they are going to cancel thousands of customers’ PPI policies at the end of the year.
Tesco Bank has become the latest lender to boost its PPI provision after the claims deadline passed.
The day after Royal Bank of Scotland (RBS) announced it was adding £900 million to its PPI compensation pot, Barclays confirmed it has added £1.4 billion to its own redress fund.
HSBC has become the third of the big four UK banks to add millions of pounds to its PPI compensation pot AFTER the claims deadline in August.