PPI Archives | Gladstone Brookes

Blog Category: PPI


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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Lloyds wrongly rejected 61,000 PPI claims

Lloyds wrongly rejected 61,000 PPI claims

It has emerged that Lloyds Banking Group (LBG) wrongly rejected 61,000 PPI claims after telling its customers they could find no records of an account with PPI attached.

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PPI News – Genworth liable to pay for PPI mis-selling

Genworth liable to pay for PPI mis-selling

A High Court judge has ruled that an American insurer – Genworth Financial – is legally liable for 90% of the £265 million cost of PPI policies mis-sold through Spanish-owned bank Santander.

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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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PPI NEWS – GB TOP 20 PAYOUTS FOR NOVEMBER

GB TOP 20 PAYOUTS FOR NOVEMBER

Gladstone Brookes was able to hand over 20 early Christmas surprises to our clients totalling more than £625,000±.

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PPI News – PPI total payout heading for £37 billion

PPI total payout heading for £37 billion

Official figures just released show that in the month of the PPI claims deadline Britain’s banks paid out £391.6 million in fresh compensation for mis-sold policies.

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PPI News – Can you imagine over £34 billion?

Can you imagine over £34 billion?

Have you ever thought what the figure £34.6 billion really means, other than it being the amount of money UK lenders have already paid out in PPI compensation

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PPI News – Virgin Money to take £450 hit for PPI

Virgin Money to take £450 hit for PPI

Virgin Money is expecting to take a £450 million hit for last minute PPI claims following its £1.7 billion takeover by the former Clydesdale Yorkshire Banking Group (CYBG) last year.

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