Pot calling kettle black!
The rush to claim PPI compensation has turned huge numbers of Britons into fraudsters, one of the country’s most senior bankers claims today.
In an extraordinary broadside, Barclays chairman John McFarlane said customers had made an avalanche of dishonest claims for mis-sold payment protection insurance.
It was ‘inconceivable’ that all the claims that had helped fuel a ‘flat-screen television’ buying spree were legitimate, he said.
McFarlane, 71, accused the Government of being ‘complicit’ in the decline of banks by allowing a compensation culture to develop in Britain since the PPI scandal came to light in the early 2000s.
https://www.dailymail.co.uk/news/article-6197515/Bank-boss-accuses-huge-numbers-Britons-making-dishonest-PPI-claims.html
The rush to claim PPI compensation has turned huge numbers of Britons into fraudsters, one of the country’s most senior bankers claims today.
In an extraordinary broadside, Barclays chairman John McFarlane said customers had made an avalanche of dishonest claims for mis-sold payment protection insurance.
It was ‘inconceivable’ that all the claims that had helped fuel a ‘flat-screen television’ buying spree were legitimate, he said.
McFarlane, 71, accused the Government of being ‘complicit’ in the decline of banks by allowing a compensation culture to develop in Britain since the PPI scandal came to light in the early 2000s.
https://www.dailymail.co.uk/news/article-6197515/Bank-boss-accuses-huge-numbers-Britons-making-dishonest-PPI-claims.html