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Lloyds loses £660 million on the sale of TSB

Lloyds Bank has announced the loss of £660 million on the sale of its TSB brand to the Spanish bank Banco de Sabadell. The loss created an 11% fall in pre-tax profits to £1.2 billion for the first quarter of 2015.  The underlying profit was up by 21% to £2.17 billion.

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RBS £446m loss includes another £100m for PPI

Royal Bank Of Scotland (RBS) has announced a first quarter loss for 2015 of £446 million, almost a quarter of which is an increase in their provision to pay future successful PPI claims. The announcement came 24 hours after Barclays announced that they had added another £150 million to their PPI provision.

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SUCCESS STORY – Freelance publicist Lucy wins back over £26,000±

Freelance publicist Lucy Ramsey is the first to admit she’s not very good with forms or finance. “I’ve always found them difficult,” she said.  “I’m quite a bright lady and I’ve been a publicist for 27 years, but I find forms very daunting and I didn’t have a lot of paperwork.”

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SUCCESS STORY – I had no idea about PPI and I got £9,200± back!

Retired process operator John Michael knew nothing about PPI or that he might have it attached to his loans from Royal Bank Of Scotland (RBS). “I hadn’t got a clue,” said John. “Then my brother-in-law said I should try to find out if I was owed any money and recommended me to Gladstone Brookes because […]

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Barclays set aside another £150 million for PPI

Barclays have set aside another £150 million to pay future successful PPI claims as they announce profits are down by a quarter. The bank has also set aside another £800 million for expected fines and other costs in connection with alleged foreign exchange rate (FOR-EX) manipulation.

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Big four banks face another £19 billion in fines

Big four banks face another £19 billion in fines

by Mike Birkett, 19/06/2018 Big four banks face another £19 billion in fines Britain’s big four banks are facing another £19 billion in fines by the end of 2016, claim analysts for the Standard & Poors (S&P) ratings agency. The predicted costs come on top of the £42 billion already paid in the five years […]

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SUCCESS STORY – More good news for David

When sales representative David Proctor first came to Gladstone Brookes in 2011 he had a suspicion that he might have had PPI on two credit cards he held. Claims against Lloyds TSB and Halifax proved him right, with both companies admitting they had mis-sold PPI on the cards.  Lloyds paid him back £2,433.51± and a […]

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Adrian: “It’s taken over my life!”

When Adrian first started planning his Stop Hate Crime campaign he thought it might last four weeks and then he would move on to something else. A year on, it’s taken over his life and he’s now being booked for appearances all over the country as far ahead as 2016 as well as shooting a […]

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Are you a mortgage prisoner?

Strict affordability checks being imposed by mortgage lenders are creating millions of ‘mortgage prisoners’ who can’t move home because they wouldn’t qualify for a new loan. Research by the Resolution Foundation suggests that up to four million people could be affected in one way or another – 40% of the mortgage holders in the UK.

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Police warn of fake PPI payment scam

Police warn of fake PPI payment scam

Police are warning the public of a new surge in fake PPI payment scams across the country. Lancashire police say they have had a number of complaints from people who have fallen victim to the scam which asks them to make an up-front payment before a compensation cheque can be released.

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