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Lloyds unfairly rejecting 82% of PPI claims – FOS

Lloyds Bank have unfairly rejected 82% of PPI claims referred to the Financial Ombudsman Service (FOS), according to new figures. Lloyds has once again topped the list as the most complained about bank with 20,000 cases referred to FOS in the second half of 2014 with over four fifths of them being upheld in favour […]

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HSBC set aside another £1.5 billion for PPI and fines

HSBC has revealed they have set aside another £1.5 billion to pay for future successful PPI claims and a number of expected fines by regulators. They are the first of the big high street banks to announce their annual figures and reported an overall drop in profits of £12.2 billion in ‘a challenging year.’

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Reckless bankers face losing salary as well as bonus

The City watchdog is considering whether or not reckless bankers should be forced to pay back their basic salary as well as their bonuses in the on-going fight against misconduct in the UK financial market. Financial Conduct Authority (FCA) chief executive, Martin Wheatley, had told MPs that the recent EU bonus cap on bankers’ salaries […]

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MP opposes Lloyds boss mega bonus

Influential MP John Mann has attacked plans to pay Lloyds Banking Group (LBG) chief executive Antonio Horta-Orsorio a £7 million mega bonus. The bonus award is being made against a background of other major activity for LBG – an application to the Prudential Regulation Authority (PRA) to be allowed to pay shareholders a dividend for […]

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FCA says big banks are giving savers a raw deal

The UK regulator has accused Britain’s biggest banks of giving millions of their customers a raw deal. In many cases the interest rate on their accounts has been 0.5% or lower – the same as the Bank Of England base rate.

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GB donate Wolves family season ticket

Gladstone Brookes and Warrington Wolves Charitable Foundation have extended their partnership with a new scheme to enable deserving children and their families to support their home town rugby team. The company has bought a family season ticket for the Wolves games at the Halliwell Jones Stadium and then donated it to the Foundation.  They will […]

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More money for PPI claims from banks?

Financial analysts are predicting that Britain’s high street banks are going to set aside up to another £1.2 billion to pay future successful PPI claims. The banks are due to release their annual figures within the next month and the analysts are already speculating that they will set aside another huge sum on top of […]

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Building on success

Building on Success

by Mike Birkett, 19/06/2018 The new collaboration between Gladstone Brookes, the Warrington Wolves Charitable Foundation and St Gregory’s High School is going from strength to strength with members of Gladstone Brookes’ staff queuing up to get involved. The partnership with St Gregory’s has been a departure from the normal type of event run jointly by […]

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GB racers support local charities

by Mike Birkett, 19/06/2018

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FCA to investigate banks’ handling of PPI claims

The Financial Conduct Authority (FCA) is to investigate the handling of PPI claims by Britain’s banks with a view to possible intervention in the process. There have been more than 14 million complaints about the mis-selling of PPI since January 2011 and the banks have already paid out £17.3 billion to successful claimants.  They have […]

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