Category:
Mis-sold PPI

8 May 15

A sum of £26 billion set aside for mis-sold PPI Costs

The cost of Payment Protection Insurance (PPI) for the whole banking sector is estimated to reach £26 billion. The Daily Express reported that: “The big five high-street banks mentioned above (Santander, HSBC, Lloyds, RBS, and Barclays) are understood to have allocated more than £24 billion* to compensate victims of insurance mis-selling last year.” The total bill, for the whole banking sector, is expected to hit £26 billion after all the… Read More »

The Claims Guys use cookies to improve your experience. If you're ok with this please click the 'Accept' button...