SUCCESS STORY – It’s all thanks to my ex-wife

SUCCESS STORY – It’s all thanks to my ex-wife

Retired local government officer Martyn Doole had never thought about making any sort of PPI claim until he took a call from his ex-wife.

It turned out to be a very rewarding call, netting him more than £32,200 in mis-sold PPI premiums from seven successful claims with Gladstone Brookes!Read More


SUCCESS STORY – I could never have done any of this without your help

SUCCESS STORY – I  could never have done any of this without your help

Vinnie Cullen wasn’t sure whether or not he had PPI on his Lloyds credit card and a couple of loans he had, but when he saw the Gladstone Brookes advert on the TV he decided he’d take the plunge and find out.

“I just thought I would see what happened and asked Gladstone Brookes to look into it for me,” said VinnieRead More


UK banks lose 60% of their profits in fines and compensation

UK banks lose 60% of their profits in  fines and compensation

Britain’s top banks lost 60% of their profits between 2011 and 2014 in fines and payouts to their customers claims a new report by top accountancy firm KPMG.

The audit report revealed that the banks between them paid out almost £39 billion for mis-sold PPI and interest rate swaps, plus a series of fines levied by regulators.Read More


TSB agrees takeover by Spanish bank

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 banks – Lloyds, Barclays, HSBC and Royal Bank Of Scotland (RBS).Read More


RBS sets aside another £400 million for mis-sold PPI

RBS sets aside another £400 million for mis-sold PPI

Royal Bank Of Scotland (RBS) has set aside another £400 million to pay out future successful PPI claims – just part of the £3.5 billion loss announced in their annual figures.

The PPI provision is included in the £2.2 billion the bank has set aside for ‘litigation and conduct costs’.  It also includes £320 million related to the bank’s involvement in the rigging of foreign exchange markets.Read More


MP opposes Lloyds boss mega bonus

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 the first time since the crash of 2008 and the expected announcement that the bank will have to make another multi-million pound provision for mis-sold PPI.Read More


RBS facing mega fine over mis-selling scandal

RBS facing mega fine over mis-selling scandal

Royal Bank OF Scotland (RBS) is facing a mega fine of up to £5 billion for its part in yet another financial mis-selling scandal.

Shares in the bank fell by 1.5% on the first trading day of the New Year after news of the possible scale of the fines became public.Read More


SUCCESS STORY – Amber gets the wedding of her dreams

kissing gate

Amber Arnold and Toby Miller had been together for eight years and were working hard towards getting their dream wedding.

Everything seemed to be going well.  Amber got a promotion in her job and they finally got their first house.  Toby was approaching his final qualification to become a civil engineer and everything seemed set fair.Read More


Competition watchdog to investigate big four banks

Competition watchdog to investigate big four banks

Britain’s big four banks are being investigated by the Competition and Markets Authority (CMA) who are accused of controlling 77% of the country’s 65 million personal accounts but failing to offer good service and competition.

Consumer affairs editor Sean Poulter of the Daily Mail says the investigation will challenge the ‘stranglehold’ the banks have over personal accounts while offering ‘poor service and rip-off deals’.Read More


SUCCESS STORY – I had no paperwork, but GB won the day for me anyway!

elderly couple

Ex-serviceman David Fields knew deep down that he had been mis-sold PPI, but never made a claim because he didn’t have the paperwork to prove it.

Said David: “When we moved home the last time, we had a massive clear-out and all the paperwork was destroyed at that time.  I had a strong feeling that we had been mis-sold PPI in the past, but had no way of proving it.”Read More