News Archives | Page 3 of 120 | Gladstone Brookes

Blog Category: News


All the latest news from the finance world, both UK and abroad. We keep an eye on all emerging stories which affect the general public.

PPI News – FOS handling 3,500 new PPI complaints a week

FOS handling 3,500 new PPIO complaints a week

The Financial Ombudsman Service (FOS)has been receiving an average 3,500 new PPI complaints a week in the wake of the claims deadline of August last year.

Read More


PPI compensation breaks £37 billion barrier

PPI compensation breaks £37 billion barrier

The total compensation paid for PPI mis-selling has broken the £37 billion barrier.

Read More


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.

Read More


FCA asks banks to explain 40% overdraft rates

FCA asks banks to explain 40% overdraft rates

Britain’s high street banks are being asked to explain how they calculated their new 40% overdraft rates by the country’s financial watchdog.

Read More


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.

Read More


Lloyds join the 40% overdraft club

Lloyds join the 40% overdraft club

The Lloyds Banking Group (LBG) has joined the 40% overdraft club, but some customers could be charged as much as 49.9% when their account goes into the red.

Read More


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.

Read More


TSB to open dedicated IT centre for digital banking

TSB to open dedicated IT centre for digital banking

Challenger bank TSB is to open a dedicated IT centre as part of its drive towards digital banking.

Read More


Santander latest to set 40% overdraft rate

Santander latest to set 40% overdraft rate

Santander has become the latest bank to set a single overdraft rate of 40%.

Read More


FCA warns banks to stop short-changing loyal customers

FCA warns banks to stop short-changing loyal customers

Britain’s financial regulator has warned banks to stop short-changing loyal customers while rewarding new accounts with special ‘teaser rates’.

Read More



Menu