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Monthly Archives: March 2017

Lloyds To Open Base In Brussels

Lloyds To Open Base In Brussels

Lloyds bank, the UK financial institution which holds the largest ppi claims provision among the UK’s major high street banks and which in many ways was a leader in the mis-selling of ppi policies to customers living in the United […]

Tesco Bank Hit With Big Fine

tesco bank hit with big fine

News outlets are reporting that this morning, the Financial Conduct Authority in addition to the Serious Fraud Office is to levy a £235 million fine on Tesco Bank, because of irregularities with regards to Tesco Bank’s 2014 trading update which […]

Co-Op Bank In Major Trouble

According to unconfirmed reports, the co-op bank seems to be in major trouble as the bank has been placed by the Bank of England on ‘intense supervision’ in part due to the lack of progress, that the bank has been […]

Everything You Need To Know About The PPI Deadline

Everything You Need To Know About The PPI Deadline

With the Financial Conduct Authority all set to begin from August of this year (August 2017) a nationwide advertising campaign, which will highlight a deadline for ppi claims to be made by August 2019, it is important that people fully […]

Lloyds Could Be Privatised Soon

According to industry insiders, Lloyds could be on the verge of being privatised by the UK Government. Lloyds Bank which was the leader in the ppi claims scandal to hit the UK’s banking sector – has seen the UK government […]

Lloyds Adds More Money To Cover PPI Claims

Lloyds bank has announced that it is to set side more than £350 million pounds to it’s ppi claims provision, because of the announcement by the Financial Conduct Authority that the August 29 2019 time-bar for ppi claims will be […]

Payment Protection Insurance (PPI) and Co-Op Bank

Payment Protection Insurance (PPI) and Co-Op Bank

Co-Op bank, who are one of the banks responsible for the mis-selling of PPI policies in the UK and who hold a cash provision of nearly £100 million for ppi claims – have announced that it lost £477 million through […]

PPI Bill For Banks Could Hit £100 Billion

According to a new report, the final amount of money that the UK’s banks could have to pay out to consumers who were mis-sold PPI, may reach £100 billion. As of March 2017, the total amount of money paid out […]

PPI Claims Deadline Announced As Being 29 August 2019

A deadline for ppi claims has been announced for August 29 2019

After months of speculation and rumors, the Financial Conduct Authority has finally announced it’s deadline for ppi claims, as being set to the 29th of August 2019. People who wish to make a ppi claim, but still haven’t done so […]