Do you remember receiving a letter like this from Clydesdale Bank?

Did you have a mortgage with Clydesdale Bank back in 2009? Maybe you still have the same mortgage with them now? Do you remember receiving a letter like this? Some 22,000 mortgage holders, through no fault of their own, were left facing shortfalls totalling £21.2 million. In 2010, the bank automatically increased the monthly payments…

Read More

Another Banking Disaster? TSB

This week has seen a disastrous attempt by TSB to migrate its banking network onto the platform of its Spanish parent, Banco Sabadell. The integration should have taken place on 2 November last year and the delay has seen TSB paying a further £80 million to Lloyds Banking Group for effectively renting their computer system.…

Read More

Scandal of ‘PPI sold to NHS staff’

THOUSANDS of NHS workers have been mis-sold income protection insurance despite enjoying a no-compulsory redundancy guarantee, it has been claimed. reports Andrew Picken in The Sunday Post A Payment Protection Insurance (PPI) claims’ firm has said the policies should never have been sold to health workers as they enjoy among the best job security possible.…

Read More

Banks tighten up on PPI claims as deadline looms

Just months after Lloyds Banking Group were issued with the biggest FCA retail fine ever of £117 million for failing to treat PPI complaints fairly, we discover that they are at it again.

We also highlight how the RBS group continually break the Data Protection Act 1998.

Read More