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Still much to do says Co-op Bank boss

Still much to do says Co-op Bank boss

by Mike Birkett, 19/06/2018 Still much to do says Co-op Bank boss Co-op Bank chief executive Niall Booker has admitted there is ‘still much to do’ as the bank recovers from the 2013 disaster which nearly put it out of business. The bank came close to collapse in 2013 after a £1.5 billion ‘black hole’ […]

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SUCCESS STORY – I never even knew I had PPI

New mum Sally Giles was staggered when she got back almost £5,000± in PPI compensation from Halifax and Santander because she didn’t even know she had PPI until she came to Gladstone Brookes. Said Sally: “I didn’t have a clue whether I had any PPI or not. However, I was chatting with a very close […]

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SUCCESS STORY – Over £57,000± for busy John

John Denyer is a busy man – even coming up to his 70th birthday. He splits his time between working his West Sussex farm and a part time job as an industrial chemist, working on fertilisers.

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E.ON fined £7.75 million for overcharging customers

E.ON fined £7.75 million for overcharging customers

by Mike Birkett, 20/06/2018 E.ON fined £7.75 million for overcharging customers Energy giant E.ON has been fined £7.75 million by regulator Ofgem for overcharging its customers who wanted to switch supplier. Ofgem said the company had committed ‘repeated failings’ on billing rules after incorrectly imposing exit fees following price rises in January 2013 and January […]

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ICO – Trade in pensions info could be ‘the next PPI scandal’

ICO – Trade in pensions info could be ‘the next PPI scandal’

by Mike Birkett, 20/06/2018 ICO – Trade in pensions info could be ‘the next PPI scandal’ Britain’s data protection watchdog is warning that a new trade in people’s pension data could be ‘the next PPI scandal’. The warning follows a Daily Mail investigation which revealed some companies are prepared to sell personal financial details to […]

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PPI still the most complained about product – FCA

New figures from the UK financial regulator show PPI still topped the list of financial complaints in the second half of 2014. The overall figure show a slight decline from the first half of the year, but still accounted for 1,058,918 new claims from consumers who believe their PPI was mis-sold to them.

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Why are UK banks still getting their PPI sums wrong?

Unless you’ve been living on the dark side of the moon or been stuck in the wilds of the Australian outback for the last six years, you will be well aware of the multi-billion pound scandal surrounding the mis-selling of PPI by Britain’s leading banks. The sheer scale of the thing is immense, with a […]

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TSB agrees takeover by Spanish bank

Trustee Savings Bank (TSB) is to be sold to Spanish Bank Sabadell for £1.7 billion, less than a year after being floated on the UK stock market by Lloyds Banking Group (LBG). TSB is seen as one of the new ‘challenger banks’ set up to challenge the dominance of the big four UK high street […]

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Why PPI compensation could get more costly for UK banks

Paying PPI compensation could soon become more costly for UK banks because new rules will mean they can no longer claim it back on their taxes. Under existing rules, the banks are allowed to deduct the billions of pounds they are paying out for mis-sold PPI against their corporation tax bills.

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SUCCESS STORY – £24,272.62± and quicker than when I did it!

Engineering inspector Robert Reddington knew all about successful PPI claims before he came to Gladstone Brookes because he’d made one himself already. “I’d heard all about people getting money back for mis-sold PPI so I thought I’d have a go myself to see what happened.  I was successful, but it took me more than 16 […]

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