Vinnie Cullen’s success story… 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 […]
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Co-op Group return to profit
The Co-op Group has returned to profit, despite the Co-op Bank posting losses of £262.4 million for 2014. The group’s profits rose to £124 million, compared with a loss of £255 million the previous year.
Read MorePPI is ‘the biggest mis-selling issue in the world’ – FOS
The UK PPI scandal has become ‘one of the biggest mis-selling issues in the world’ , says Financial Ombudsman Service (FOS) chief executive, Caroline Wayman. Defying predictions that the scandal would be resolved by now, FOS is still receiving 4,000 new complaints every week – about 80% of its total workload.
Read MoreStill 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’ […]
Read MoreE.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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