Claim Hero has learned the fall in half-year profits was partly caused by a £1bn provision for settling claims of mis-selling of payment protection insurance (PPI). Claim Hero said this is the ideal time to make a claim for PPI … Read more →
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Claim Hero has learned PPI liability pushes Lloyds TSB into the red
The cost of compensating customers who were mis-sold payment protection insurance pushed Lloyds to a £3.3bn loss for the six months to 30 June 2011. The bank announced in May that it was putting aside £3.2bn to pay customers who … Read more →
Claim Hero has learned Santander has set aside £538 million for mis-sold PPI
The UK arm of Santander said today that it had set aside more than half a billion pounds to cover the costs of mis-selling payment protection insurance to its customers. The hit comes after the High Court decided that new … Read more →