Barclays Bankers May Lose £1bn Bonus To PPI Claims Says PPI Claims Company Simple Financial Solutions

Barclays bank is considering a move that will see the bonuses planned for its staff cut to pay the fines and compensation claims for PPI mis-selling, and may even institute a claw back of bonuses already paid, says PPI Claims Company Simple Financial Solutions.

In the wake of Sir John Vickers banking reform report, Barclays Chief Executive Bob Diamond has put forward the idea that some of the large fines for PPI mis-selling could be met by withholding the bonuses of its staff as a type of penance and using the money to meet its PPI mis-selling commitments instead.

In a meeting with the MPs of the Treasury Select Committee, Mr Diamond was taken to task by Committee Chair Andrew Tyrie about PPI mis-selling. In explaining that the staff responsible for the mis-selling had now gone, Mr Diamond added in reference to the PPI fines: “We are taking into account in our businesses that impact in our remuneration.”

Some believe his comments have come following the decision of Lloyds bank to claw back some of the bonus its chief executive, Eric Daniels, received because of the heavy financial toll of £3.2bn the PPI mis-selling scandal  is predicted to have on the lender.

However, Mr Diamond appeared to be losing patience with proceedings when later asked about bankers’ level of pay and remarked that it was ‘disappointing’ to be asked about it again. ‘I was looking forward to a discussion on the Independent Commission on Banking and its report and we’re right on to the same issues as last time, which I do find disappointing,’ he said.

A spokesperson for PPI Claims Company Simple Financial Solutions, said: “It seems that the bankers wish everyone would just shut up and forget about the PPI mis-selling scandal, as if it is water under the bridge, old history, best forgotten. Nobody has forgotten Mr Diamond’s comments earlier this year when he proclaimed the time for‘remorse and apology’ was over. The trouble is, it isn’t and it won’t be. Barclays has been identified as being one of the worst offenders for dragging its heels over settlingPPI claims and until the matter is fully concluded and Barclay’s customers are properly and fairly treated, Mr Diamond will hear a great deal more on the subject.”

“Cutting staff bonuses for poor performance is just the start of the steps Barclays should be taking to get its house in order. A bonus claw back from those senior manager who time and again failed at their jobs and caused this mess would be a good idea and might see Barclays earn a little lost respect back from customers.”


Australian Natural Healthcare Company to list on Frankfurt Stock Exchange

Australian natural healthcare company Rapid Nutrition has announced its intention to list on the Deutsche Börse’s Frankfurt Stock Exchange.

Nerang, Queensland, February 20, 2012 – Rapid Nutrition, whose flagship product Leisa’s Secret, a set of scientifically formulated weight loss and maintenance supplements, has already achieved considerable success both in Australia and overseas.

The company’s managing director, Simon St Ledger, says Rapid Nutrition is now in a position to be able to list on an exchange, and the Deutsche Börse offered the best option for international expansion.

“Rapid Nutrition’s listing will provide the necessary capital to support our international expansion plans, particularly into our target market in the United States,” Mr St Ledger says.

“The Deutsche Börse is the world’s largest stock exchange by market capitalisation and provides access to a global market.

“It will also give us access to a much larger consumer base so all these factors make it an attractive option to become a publicly listed company.”

Rapid Nutrition has appointed corporate advisors Stepping Stone Equity to complete the listing process in conjunction with a German market maker to list through the exchange’s entry standard.

Mr St Ledger says Rapid Nutrition successful and profitable track record over the past 10 years has enabled it to build a sizeable export market with registration, contracts and sales within several key regions through the Middle East, Asia and Europe, however liquidity in the company is required for further expansion.

“While we have achieved considerable domestic and international success to date, we are now focussing our energies on the US market which will give us a far greater opportunity to further our expansion plans,” Mr St Ledger says.

“We are already well underway with negotiations for a number of partner agreements and distribution channels in this market.

“Our listing strategy will provide us with both the capital and opportunities to continue our research and development and expansion of our product range and help to secure our place as a dominant player in the health and wellbeing industry worldwide.”

The listing proposal will be presented to Rapid Nutrition shareholders for final approval in the coming weeks with the aim of a company roll up into a UK based public limited company to be completed soon after.

For more information or to register interest in Rapid Nutrition’s listing visit

For all media enquiries contact Bruce Nelson on +61 (0) 423 403 44 or

About Rapid Nutrition
Rapid Nutrition is a natural healthcare company focused on the research, development and production of a range of life science products.

The company was established on the back of its successful and proven weight loss supplement range which is exported worldwide, and now offers consumers a growing range of health and wellbeing solutions to meet existing and emerging societal health concerns, as well as a providing number of wider services to the life sciences industry.

Bruce Nelson
Zakazukha Marketing Communications
3 Eden Court
Nerang, Queensland 4220
+61 7 5596 6634

Reserve Your Stay Online At Acanto Boutique Hotel

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We at, Acanto Boutique Hotel has years of experience and ensure 100 percent customer satisfaction. Here you can get one of the best Playa Del Carmen Hotel services with all sorts of amenities. Therefore, these amenities carries master bedroom with king bed, full kitchen, cable TV, stylish furnishings, closets, central Air Conditioning ceiling fans, Jacuzzi, marble baths, showers, and much more. Our private chefs cater all your needs and requirements of delicious food. You can get phenomenal private chef and catering service for all events such as wedding, birthday, and formal dinner at Acanto Boutique Hotel.

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Luxury Travel Ltd to Unveil Discover Laos in Luxury and Style for Discerning Travelers

Luxury Travel Ltd, an award winning luxury tour operator, has unveiled a new upscale travel experience for the most discerning travelers to Laos.

Hanoi, Vietnam, February 21, 2012 – Luxury Travel Ltd (, an award winning luxury tour operator, has unveiled a new upscale travel experience for the most discerning travelers to Laos. This tour embraces the heritage and culture, as well as the charm and hospitality of Laos.

On this latest tour, travelers will discover the best places in Luang Prabang, Luang Nam Tha ,Vientiane and Southern Champassak.

Laos is one of Southeast Asia’s less visited corners, but those who do come make a beeline for Luang Prabang (City of the Buddha of Peace) at the confluence of the Mekong and Khan rivers in the mountainous north. The sleepy former capital is home to hundreds of saffron-clad monks who inhabit its more than 300 pagoda-like temples. Throughout town, a languid air of serenity mixes with a new-found sense of stylishness. Of the growing number of chic hotels, many are housed in refurbished French-colonial buildings, and outdoor restaurants offer mouth-watering fusion dishes.

Travelers will also fly to Pakse in southern Laos, explore Champassak, which has a wonderful mix of architectural jewels. Travelers will discover typical Laotian wooden stilt houses, exquisite colonial villas, Lao-Chinese shop houses, and buildings with more modern aesthetics. There is even a beautiful Catholic church (which unfortunately remains little-known by visitors) and travelers will be one of the lucky few who learn about and visit it.

Tour prices start from $2,999 USD per person for two persons (double occupancy), including private transfer, pick up and drop off services, domestic flights, meals, English, French or German speaking guide, entrance fees, and luxury five star accommodations at places such as Settha Palace in Vientiane and La Residence Pouvao in Luang Prabang.

“On this 10 day tour, you will discover the best highlights of Laos in style, visit two world heritage sites, experience stunning natural wonders, and meet friendly people. During your free time, upon request, you may take elephant rides, make restaurant reservations, set meetings with artists and designers, get shopping recommendations, request spa reservations, enjoy tours with special-interest lecturers, and have exclusive access to local activities and cultural events. You will enjoy flexibility, privacy and personalized services with your English, French or German Speaking guides. I will ensure that you have the trip of a life time in Laos. ” said Toon Khonephachanh, Tour Manager at Luxury Travel Ltd Laos.

The first luxury tour operator/DMC ( based in Hanoi with offices throughout Vietnam, Cambodia, Laos, Myanmar and Thailand, Luxury Travel is exceptional in designing tailor-made tours and providing unique travel experiences. Opened in 2004, the Luxury Travel Company Limited has its own offices, luxury vehicles, luxury travel advisors, and sales offices in California, London, Paris, and Sydney. The company’s depth of experience and large infrastructure enable it to create unique itineraries with the operational confidence to fulfill client expectations. Luxury Travel Ltd won numerous travel awards for excellent performance including the most recent award: Best Luxury Tour Operator.

David Nguyen
Luxury Travel Group Ltd
5 Nguyen Truong To Street
Ba Dinh Dist, Hanoi
Vietnam 71000