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‘Absolutely outrageous’, ‘spectacularly tone deaf’ and ‘a slap in the face’ were just some of the ways that Barclays chairman John McFarlane’s comments on PPI claimants have been described. Having suggested that PPI complaints have ‘turned portions of Britain into fraudsters’ and that claimants spent their compensation on ‘flat-screen televisions’ in an interview last month, the Barclays chief has come under fire from multiple quarters.

5 October 2018

Just how wrong were John McFarlane's ‘fraudster’ comments about PPI claimants?

‘Absolutely outrageous’, ‘spectacularly tone deaf’ and... Read more

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The Chairman of Barclays, the bank who have mis-sold the second highest amount of PPI to UK consumers, has accused claimants of being ‘fraudsters’. Despite his bank paying back more than £8bn so far and receiving 2.3m complaints about mis-sold PPI, John McFarlane said: “The percentage of fraudulent claims is enormous. We have turned portions of Britain into fraudsters.”

1 October 2018

Barclays chief accused of hypocrisy after calling PPI claimants fraudsters

The Chairman of Barclays, the bank who have mis-sold the second highest amount of PPI to UK consumers, has accused claimants of being ‘fraudsters’.

Despite... Read more

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Millions more potential complaints about mis-sold Payment Protection Insurance (PPI) are still yet to be made with just 11 months left to go until the August 2019 claims deadline. Time is now running out with less than a year to go until the cut-off point set by the industry regulator the Financial Conduct Authority (FCA).

29 September 2018

Deadline count continues with 11 months left to check for PPI

Millions more potential complaints about mis-sold Payment Protection Insurance (PPI) are still yet to be made with just 11 months left to go until the August 2019 claims deadline.

Time is now running out with less than a year to go until the cut-off point set by the industry regulator the Financial Conduct Authority (FCA).... Read more

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It has begun - the final countdown for UK consumers to get back mis-sold Payment Protection Insurance (PPI), as today marks a year to go until the claims deadline. Anyone trying to check for mis-sold PPI will lose their chance after August 29th 2019, and will never know whether or not they were one of the millions affected by the ‘biggest mis-selling scandal in financial services history’.

29 August 2018

Final countdown for PPI claims begins with deadline just a year away

It has begun - the final countdown for UK consumers to get back mis-sold Payment Protection Insurance (PPI), as today marks a year to go until the claims deadline.

Anyone trying to check for mis-sold PPI will lose their chance after August 29th 2019, and will never know whether or not they were one of the millions affected... Read more

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