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:
“We already have the statistics for the future: the growth percentages of pollution, overpopulation, desertification. The future is already in place.”
—Günther Grass (b. 1927)
“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)
“We ask for no statistics of the killed,
For nothing political impinges on
This single casualty, or all those gone,
Missing or healing, sinking or dispersed,
Hundreds of thousands counted, millions lost.”
—Karl Shapiro (b. 1913)