Millions of PPI customers can now make new claims for up to £40,000 after latest court ruling
Around 64 million PPI policies were sold across the UK between 1990 and 2010.
More than £35 billion has already been successfully claimed in PPI compensation (Image: Getty Images)
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Millions of people could be eligible for new PPI payouts of up to £40,000 chroniclelive.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chroniclelive.co.uk Daily Mail and Mail on Sunday newspapers.
Natwest has been slammed for wasting taxpayers money on hot-shot lawyers to crush new payment protection insurance claims.
The bank – 62 per cent owned by taxpayers – is thought to have spent in excess of £10,000 on individual court cases to battle customers who believe they were mis-sold PPI.
In a court hearing in September, Judge Simon Mitchell questioned why NatWest was spending so much defending a PPI claim. He said: This is a £2,000 claim which the Royal Bank of Scotland are running at a cost vastly more than £2,000. I ask myself why is that?
Natwest has been slammed for wasting taxpayers money on hot-shot lawyers