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PPI Claims - About PPI

PPI Claim News - 4/12/2009

PPI Charges: Barclays raises senior salaries by 150%

While other banks are being forced to crack down on the 'bonus culture' in the financial services sector, Barclays is preparing to boost the salaries of its top staff.

This would see some bankers get a rise of more than 150 per cent, taking basic earnings as high as £300,000 per year at Barclays Capital, the investment banking arm of the firm.

As many as 20,000 employees will benefit from the increased rates of pay, which are intended to pre-empt new rules affecting bankers' pay which come into force next year.

It also emerged recently that the firm's president Bob Diamond made a profit of £27 million from Barclays' sale of one of its business units to American firm BlackRock.

This week the executive board of the Royal Bank of Scotland threatened to resign in response to the government seizing control of its bonus pot.

Barclays move may be part of an attempt to capture high-fliers from its rivals which are not able to increase pay, like RBS.

If you would like to get your payment protection insurance back - PPI Claim from Barclays then fill out the Quick Claim form or call Belmont Thornton on 0845 526 0000 for PPI claim adviceADNFCR-2776-ID-19496214-ADNFCR

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