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FCA warns own ban on mini-bonds could cause trouble

FCA warns own ban on mini-bonds could cause trouble

Britain’s financial regulator has admitted its own ban on the marketing of mini-bonds to retail investors could harm existing bond holders.

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FCA bans marketing of mini bonds to ordinary savers

FCA bans marketing of mini bonds to ordinary savers

Britain’s financial regulator has banned the marketing of mini bonds to ordinary savers from January.

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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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CHARITY OF THE MONTH – MIND

CHARITY IOF THE MONTH – MIND

Our penultimate charity of the month for 2019 is the mental health charity MIND, nominated by Nikki Glover who is currently on maternity leave, but told us before she went that she has known people suffering from mental health issues and wanted to support the charity that helped them. Accepting our cheque for £400, Kayleigh […]

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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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Regulator worried about economic downturn in 2020

Regulator worried about economic downturn in 2020

Britain’s financial regulator is growing concerned about the possible effects of a downturn in the economy in 2020.

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FCA demands explanation from Lloyds

FCA demands explanation from Lloyds

Britain’s financial regulator has demanded an explanation from Lloyds Banking Group (LBG) for the findings of a report into the £245 million HBOS Reading fraud case.

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HSBC overdraft charges could quadruple

HSBC overdraft charges could quadruple

Overdraft charges for some HSBC could quadruple in March of next year when the bank plans to adopt a single 39.9% interest rate for anyone in the red.

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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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