Personal Finance Archives | Gladstone Brookes

Blog Category: Personal Finance


Personal finance tips and advice from the team with topics that include banking, pensions, money saving, credit and energy prices.

PPI payouts jump by almost £100 million in a month

PPI payouts jump by almost £100 million in a month

Official figures show that the amount of compensation paid to successful PPI claimants has jumped by almost £100 million in a single month.

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PPI News – Lenders add a staggering £4.9 billion AFTER PPI Deadline

Lenders add a staggering £4.9 billion AFTER PPI deadline

Britain’s lenders have added a staggering £4.9 billion to their PPI compensation pots AFTER the claims deadline on August 29th.

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PPI News – Taxman hits the PPI jackpot

Taxman hits the PPI jackpot

The taxman looks set to reap millions of pounds from compensation payouts to Britain’s bankrupts.

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RBS – ‘We need to add more money to pay for PPI’

RBS - 'We need to add more money to pay for PPI'

Royal Bank of Scotland (RBS) is to add between £600 million and £900 million to its PPI pot because it fears it won’t have enough to pay out all of the successful claims against it.

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PPI News – FCA fears another PPI-type scandal

FCA fears another PPI-type scandal

Britain’s financial regulator is worried that a new recession could provoke another PPI-type scandal with the banks feeling pressure on their main sources of income.

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PPI News – GB’s Top 20 payments for August 2019

GB’s Top 20 payments for August 2019

In the run-up to the deadline we continued to recover hundreds of thousands of pounds for our clients with the Top 20 payments totalling a massive £703,360.22.

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PPI – The Beginning of the End?

PPI – The Beginning of the End?

Well, that’s it! The PPI saga is over and done with as the much heralded deadline passes into history.

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Over £1.5 billion fivers and tenners have vanished

Over £1.5 billion fivers and tenners have vanished

Are you sitting on a stash of old fivers and tenners? If so, the Bank Of England would like them back.

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PPI News – What happens when the PPI money runs out?

What happens when the PPI money runs out?

British economists are starting to voice concerns about what will happen when the PPI money runs out.

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PPI News – True cost of PPI may top £50 billion

True cost of PPI may top £50 billion

As tens of thousands of consumers rush to beat the PPI deadline, a new report claims the true cost of the scandal has already hit £48.5 billion and is continuing to grow.

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