Beware of the Scammers

BEWARE OF THE SCAMMERS

Covid-19 saw the nation pull together in a way that our generation has been lucky enough until now to never see before.

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PPI News – Gladstone Brookes Top 20 Payouts for April 2020

Gladstone Brookes Top 20 PPI payouts for April 2020

Months after the final deadline for PPI complaints in August last year Gladstone Brookes is still recovering life-changing sums of money for its clients.

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FCA wants more emphasis on good outcomes for clients

FCA wants more emphasis on good outcomes for clients

Britain’s financial watchdog wants firms to concentrate more in future on good outcomes for their clients than dedicating too many of their resources to redress and remediation.

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PPI compensation breaks £37 billion barrier

PPI compensation breaks £37 billion barrier

The total compensation paid for PPI mis-selling has broken the £37 billion barrier.

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FCA asks banks to explain 40% overdraft rates

FCA asks banks to explain 40% overdraft rates

Britain’s high street banks are being asked to explain how they calculated their new 40% overdraft rates by the country’s financial watchdog.

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FCA warns banks to stop short-changing loyal customers

FCA warns banks to stop short-changing loyal customers

Britain’s financial regulator has warned banks to stop short-changing loyal customers while rewarding new accounts with special ‘teaser rates’.

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FCA chief to be new governor of the Bank Of England

FCA chief to be new governor of the Bank Of England

Andrew Bailey, chief executive Britain’s financial regulator, has been named as the man to take over from Mark Carney who is stepping down as the governor of the Bank Of England in March after six years in control.

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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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PPI News – Lloyds profits hit by £1.8 billion PPI hike

Lloyds profits hit by £1.8 billion PPI hike

Lloyds Banking Group (LBG) has confirmed it is adding another £1.8 billion to its PPI compensation pot knocking its pre-tax profits down to £50 million for the third quarter of the year – 97% down on the same period last year.

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PPI – The Beginning of the End?

PPI – The Beginning of the End?

Well, that’s it! The PPI saga is over and done with as the much heralded deadline passes into history.

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