Now we know that the idea of a blog is to give you fresh, new information that surprises and enriches your life, but today’s blog post is about something you could see coming a mile off. The number of PPI claims and complaints made to the Financial Ombudsman Service (FOS) is set to rise above last years total after 13, 520 complaints were recieved in the first quarter of 2010/11 alone.

According to the figures released by the Ombudsman, 34% of all complaints made in April, May and June where for mis-sold PPI and if the level of total complaints continues across all quarters, the FOS is to receive around 54,000 throughout the year, a 10% rise on last year’s total. Speaking about the figures, an Ombudsman representative said: “This should make it easier for everyone to see the numbers and trends as they emerge throughout the year rather than only seeing the figures annually, after the financial year has ended.”

Related posts:

1. 5 Facts About Mis Sold PPI And The Financial Ombudsman
2. PPI Claims Continue To Soar As Ombudsman Receives 1000 Complaints A Week
3. Payment Protection Insurance (PPI) Complaints Just Keep Comin’
4. Mis Sold PPI And Current Account Gripes Contribute To 1600 Complaints A Day For RBS
5. Person To Person Money Loaning Site Sees A Dramatic Increase In Business