Statistics
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UK banks have set up multi-billion pound provisions to compensate customers who were mis-sold PPI; Lloyds Bank have set aside £3.6bn, HSBC have provisions of £745m, and RBS have estimated they will compensate £950m. Payment Protection Insurance has become the most complained about financial product ever.
Read more about this topic: Payment Protection Insurance
Famous quotes containing the word statistics:
“Maybe a nation that consumes as much booze and dope as we do and has our kind of divorce statistics should pipe down about “character issues.” Either that or just go ahead and determine the presidency with three-legged races and pie-eating contests. It would make better TV.”
—P.J. (Patrick Jake)
“O for a man who is a man, and, as my neighbor says, has a bone in his back which you cannot pass your hand through! Our statistics are at fault: the population has been returned too large. How many men are there to a square thousand miles in this country? Hardly one.”
—Henry David Thoreau (1817–1862)
“He uses statistics as a drunken man uses lamp-posts—for support rather than illumination.”
—Andrew Lang (1844–1912)