Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

[leclerc]

Re: Latest updates on PPI Judicial Review and claims on hold

I'm sure we've discussed the possibility of the BBA winning their case, this does not stop payouts whatsoever, merely the manner in which they are judged. Even if the Supreme Court rules in the BBA's favour payouts will continue. Suggesting that reclaiming PPI that is missold will stop dead if the BBA win is simply unrealistic and scaremongering.

[Garlok]

Re: Latest updates on PPI Judicial Review and claims on hold

Absolutely pompeyfaith, a service sector cannot survive in the longer term without something to generate wealth i.e. added value which is what manufacturing is all about.

I will never change nlp's views because the mind is closed to anything other than a set way of thinking which was started in earnest by Thatcherism. However just take a look nlp now at con-man Camerons pleas to get "apprenticeships" going again. perhaps we should also get rid of a lot of the mickey mouse universities giving out worthless degrees and get them back to being technical colleges and polytechnics again. Doing some real work.

And on topic there is much discussion that the banks will Appeal around the net and I still believe that they will. One such discussion in a newspaper slated the European Court for having non-elected judges interfering in our way of life, quite unlike here. Can someone point me in the direction where I might cast my vote for or against a judge in this country, particularly at the seniority level of the ECJ judges please?

Regards
Garlok.

[JakeRippedOffBritons]

Re: Latest updates on PPI Judicial Review and claims on hold

Not sure where they got their figures from but if correct a ppi ROE of 490% is scary, im clearly in the wrong game, how do i get into this selling ppi lark??

(said in jest, before the entire LB community come gunning for me lol.)

The figure for ROE of 490% is from the Competition Commission's report here - http://www.competition-commission.or...ind_report.pdf

See paragraph 27 -
"PPI distribution is highly profitable. We calculated that the 12 largest distributors
made profits after tax in excess of the cost of capital on PPI of £1.4 billion in 2006,
representing a return on equity (RoE) of 490 per cent. "

Have a look at some of the other posts in this blog. Interesting and well sourced stuff about other rip-offs, including pensions, ISAs,.
Rippedoffbritons.com

[di30]

Re: Latest updates on PPI Judicial Review and claims on hold

''In a letter dated 26 April, just 3 days after the High Court ruling.......''

Clearly, ReclaimUK are incapable of counting of counting up to six.

Oh yes of course, and I didn't even notice that lol.

[EXC]

Re: Latest updates on PPI Judicial Review and claims on hold

As found here.......(Its a claims company, just adding it so you know where I found it lol).

http://reclaimuk.com/news/index_file...dd9bac9-3.html

''In a letter dated 26 April, just 3 days after the High Court ruling.......''

Clearly, ReclaimUK are incapable of counting of counting up to six.

[NLP]

Re: Latest updates on PPI Judicial Review and claims on hold

Clearly NLP you are judging everyone else by your own standards then?

Italy is a mess, that's why we buy our rail for our railways there?
Germany has several car makers in place all booming and exporting to your "Chindia"? ( al lot of the design work still done here)
France has car makers all booming and a science industry to make your eyes water to where many talented Brits have gone.

Every one of the western nations except us has kept an extensive kernel of manufacturing skills within its boundaries and has nurtured its skill base except us!!

Now why is that? The conspiracy theorists acan tell you exactly of which I am not one but am prepared to keep an open mind.

Garlok

Wow Garlock... why you so angry? what up in your life to get a silly little forum cooking you up? chill, enjoy life.. take others views with a pinch of salt... like I do.

Many think they know... but they clearly don't... which is usually highlighted in anger.

Cheers

(btw - you speak so highly of france, germany, italy.... where is old blighty in this? was that not the initial bone of contention?

[di30]

Re: Latest updates on PPI Judicial Review and claims on hold

PLEASE NOTE, THE PDF LINK BELOW IS NOT a copy of my letter, its actually supposed to be a standard letter that Lloyds TSB are sending or supposed to be sending consumerists with complaints.
This is apparently addressed to a claims company.

(I found this OTR).

http://reclaimuk.com/resources/LloydsTSBLetterAPR11.pdf

I am however expecting the same letter, this will more than likely be the one I will receive next.


As found here.......(Its a claims company, just adding it so you know where I found it lol).

http://reclaimuk.com/news/index_file...dd9bac9-3.html

[pompeyfaith]

Re: Latest updates on PPI Judicial Review and claims on hold

A country cannot survive on a service sector only it needs a good mix of construction, manufacturing also but sadly they are lacking to what they once were.

Each industry will have a peak and a trough and thus one supports the other and keeps the balance with just a service industry if that troughs we are in the dodo with no other sector to look too.
------------------------------- merged -------------------------------
Just hope they get it right this time:

http://www.moneymarketing.co.uk/prot...030130.article

[pompeyfaith]

Re: Latest updates on PPI Judicial Review and claims on hold

Let 'em go and we can get back to manufacturing things in this country. The Japanese disasters have revealed just how vulnerable we are relying on the likes of Diamond and his grubby little mates.

Agreed totally

and how would we support a manufacturing base when faced with competition from Chindia?

If the products are good enough and of a high standard they will sell this country is or should I say was acknowledged for high quality products it was thatcherisam that started the sell off of british industry and the private companies followed suit that has to return.

we are a service based economy now and have to get used to it.

Not by the British citizens choice

[Garlok]

Re: Latest updates on PPI Judicial Review and claims on hold

Clearly NLP you are judging everyone else by your own standards then?

Italy is a mess, that's why we buy our rail for our railways there?
Germany has several car makers in place all booming and exporting to your "Chindia"? ( al lot of the design work still done here)
France has car makers all booming and a science industry to make your eyes water to where many talented Brits have gone.

Every one of the western nations except us has kept an extensive kernel of manufacturing skills within its boundaries and has nurtured its skill base except us!!

Now why is that? The conspiracy theorists acan tell you exactly of which I am not one but am prepared to keep an open mind.

Garlok

[NLP]

Re: Latest updates on PPI Judicial Review and claims on hold

However I still stand behind Judge Ouseley's excellent Judgement and still believe it will win the day and July will be the turning point for us all.

Correct.

Anything else is just someone else's opinion.

I prefer facts. A senior Judge has thrown out all 3 points.

Those are the facts.


[/color][/left]

[/quote]

quite right too, again... I am totally on the same side and hope for the same resolution ... as I did with Bank charges and Unenforceable s.

[Class Act]

Re: Latest updates on PPI Judicial Review and claims on hold

However I still stand behind Judge Ouseley's excellent Judgement and still believe it will win the day and July will be the turning point for us all.

Correct.

Anything else is just someone else's opinion.

I prefer facts. A senior Judge has thrown out all 3 points.

Those are the facts.


[/color][/left][/quote]

[NLP]

Re: Latest updates on PPI Judicial Review and claims on hold

Not really NLP that is what the service sector and finance sector would have you believe. Just take the car industry first. Nissan are here because the workforce is the most motivated, productive, cost effective and skilled in the world. Their words not mine. same with Honda and Toyota. Steel industry just refer to what the Chief Executive of TaTa has said in the last two years about Britain and the level of investment.

Technical ability in the UK is the best in the world. For example the hard disk drive was invented in Winchester Hampshire UK and you would not be doing what you are doing without it on here. Thin film technology used in the silicion/gallium arsenide industry, much was developed here and still is, just refer to the patents register. So take a look and stop knocking. When I worked in engineering design you could lift the telephone to almost any design office in the world and a Brit would answer usually with a Midlands accent to boot.

I could go on but it is a bad financial mangement, weak poor quality politicians that have "educated" you into believing the statements you have just made. And i have not even touched on transportation costs yet or the rising price gradient of your "Chindia" products. Take a good look at Germany, Italy, France and see what they have done and are doing.

regards
Garlok

Garlok - For every Nissan there is a Land Rover/Jaguar.

It's not what the service sector tells me, its what the GDP and employment figures tell in terms of who employs who in this country.

I am certainly not knocking, just being realistic, this country may have had all the engineering skills of days gone by.. but where are they in 2011? Move with the times... anecdotes denoting times gone by should stay.... in those times!

Italy are frankly a mess, France so so.. Germany has clearly been booming in recent years and for good reason. They totally have their unions working in unison with management to great effect... clearly not the case in this country with the likes of the fat oath bob crow and his cronies.

France? forget it.. they have worse unions than us.

Also the Germans have far less domestic debt as opposed to their British counterparts, therefore they have all more or less accepted no wage inflation... deflation almost.

We simply don't have the talent pool in the engineering stakes that we clearly once did.

[Garlok]

Re: Latest updates on PPI Judicial Review and claims on hold

Not really NLP that is what the service sector and finance sector would have you believe. Just take the car industry first. Nissan are here because the workforce is the most motivated, productive, cost effective and skilled in the world. Their words not mine. same with Honda and Toyota. Steel industry just refer to what the Chief Executive of TaTa has said in the last two years about Britain and the level of investment.

Technical ability in the UK is the best in the world. For example the hard disk drive was invented in Winchester Hampshire UK and you would not be doing what you are doing without it on here. Thin film technology used in the silicion/gallium arsenide industry, much was developed here and still is, just refer to the patents register. So take a look and stop knocking. When I worked in engineering design you could lift the telephone to almost any design office in the world and a Brit would answer usually with a Midlands accent to boot.

I could go on but it is a bad financial mangement, weak poor quality politicians that have "educated" you into believing the statements you have just made. And i have not even touched on transportation costs yet or the rising price gradient of your "Chindia" products. Take a good look at Germany, Italy, France and see what they have done and are doing.

regards
Garlok

[NLP]

Re: Latest updates on PPI Judicial Review and claims on hold

There ain't many countries who would welcome the likes of Barclays taking up domicile in their territory particularly now it has been established that they and their like are "too big to fail" and it is the taxpayer of the country of domicile that in the end picks up the tab.

Many sensible commentators including a specialist Reuters investigation and report have openly discussed this. If Diamond wants to go then let him, his own country doesn't want him. Just remember it was him that boasted to a Parliamentary Select Committee that Barclays had paid 2 billion into the Treasury via taxation on "his Bank". When examined that does not stand up to scrutiny, in fact most of that was made up of payroll taxes from his employees and only 113million please note million was corporation tax on the business. The rest of the tax had been evaded by offshore machinations.

Let 'em go and we can get back to manufacturing things in this country. The Japanese disasters have revealed just how vulnerable we are relying on the likes of Diamond and his grubby little mates.

regards
Garlok

and how would we support a manufacturing base when faced with competition from Chindia?

not sure we have a working class in this country willing to work 14 hours a day for maybe less than a pound an hour as is the case in the aforementioned emerging economies.

we are a service based economy now and have to get used to it.