PPI Provision1 Aug 2018 09:21
These provisions are the corporate version of my Mum putting a little extra in the tin when she had it in case a big Lecky or Gas bill came , if not then happy days more sweets and days out for us kids. They have covered for 13,000 claims instead of 11,000, if they do not get that level of claims up to August 2019 there will be plenty left in the "tin" to share out.
Its the government and the economy that is in trouble when the work dries up for the PPI Claim vultures and the great unwashed stop spending their ill gotten gains at our expense, Billions of pounds is going to leave the economy , but the banks will become more profitable and HMG will start to rake in the tax , such is life