May 18, 2012



PPI News

News On PPI Claims

The Impact Of The PPI Judicial Review Latest Rulings

ppi bankers

Ppi judicial review latest Many people who have taken out loans or had credit cards over the last five to seven years have been closely following the legal wrangling that have taken place over payment protection insurance or PPI as it is better known. Whilst this has not been reported on as much as other [...]

PPI update for 2012

PPI Update PPI claims now account for almost 50% of all cases read by the Financial Ombudsman. A staggering statistic considering the way Payment Protection Insurance entered the market some years back. For many companies PPI was an instant revenue generator, a boost to the bottom line. Now, with the banking sector counting the billions [...]

A PPI Judicial Review Update News

Businessman Doing Paperwork

Ppi judicial review update The recent judicial review on the PPI mis selling issue has proved very favourable for Joe Public but not so favourable for the banks and lenders. The ruling stated that the lenders were obligated to pay back mis sold PPI premiums, which for some banks amounts of a bill running in [...]

Shell makes £2m an hour as oil prices soar

Chief executive Peter Voser says investors and customers stand to gain as profits help pay for dividends and ensure steady suppliesShell has produced a barnstorming profit performance in the first quarter of the year, making over £2m an hour on the ba…

Foodbank handouts double as more families end up on the breadline

Trussell Trust says two centres a week are opening in UK to give food parcels to working families struggling to copeBritain’s leading foodbank network, the Trussell Trust, says every single day it is handing out emergency food parcels to parents who ar…

M&S launches ‘shwopping’ scheme

Retailer, in partnership with Oxfam, wants customers to hand over an old item of clothing every time they buy a new oneBritain’s biggest clothing retailer is launching a campaign to stop one in four items of clothing bought in the UK ending up in the b…

All the day’s Money stories

UK recession case studies – how three firms are weathering the storm

Amtico, Polypipe and Future Life talk about trading conditions in the UK following news that the economy is back in recessionAmticoDespite today’s return to recession, it’s not all doom and gloom for British industry. Amtico is a manufacturing business…

Will the legal aid bill be the end of the ambulance-chasing lawyer? | Jon Robins

For all the scaremongering about a compensation culture, ignorance of rights causes more harm than the bringing of unmeritorious legal claimsHow do you explain a sprawling legislative monster like the legal aid, sentencing and punishment of offenders b…

Send Newham families to Stoke? It reflects a broken housing policy | Glyn Robbins

Affordable homes are being demolished, while the budget for new builds is halved and the building industry stagnatesThe attempt by the London borough of Newham to rehouse homeless families in Stoke is a reflection of a broken housing policy. The cap on…