One of the UK’s most notorious money lenders is seeing a huge increase in compensation claims.
The Royal Bank of Scotland (RBS) has been urged to give extra time to SMEs “destroyed” by the actions of its restructuring unit to make compensation claims.
Despite a number of SME businesses in the UK using residential internet services, broadband compensation rules have failed to address the needs of corporate customers.
The compensation culture may have just received its greatest support to date, following the Supreme Court ruling to axe employment tribunal fees.
The number of people taking their employers to employment tribunals could rise as the government reviews the fee payable by employees over the next few weeks.
The tobacco industry has claimed that the sector would be due billions of pounds in compensation if standardised packaging were to proceed in the UK. With the MPs set to vote on regulation today, a Legal Opinion has been published "to determine the validity of a national scheme standardising tobacco products.”
Claims management firm Hamilton Richards is calling for a radical overhaul of how mis-selling of interest rate swaps and other hedging products (IRHPs) is handled.
According to BP, businesses have been urged to make claims to earn a commission. The incurring costs, however, might make BP vulnerable to a takeover. Now they turn to the prime minister for help.