I'm not H.A. PPI

In the history of financial crimes perpetrated against the public in this country, it is fair to say the mis-selling of PPI policies is up there with the best of them.

Of course, it may not technically be a crime, but frankly the banks have systematically tricked thousands of people over the years into buying cover that would never have covered them. My bank tried with me a couple of times but, thankfully, being a professional cynic stopped me. More to the point, they tried to get me to take it out even though I would never have passed the medical underwriting because of my heart surgery. But do not let something as inconvenient as that get in the way of trying to flog someone PPI. The Times last week reckoned the bill would be about £9bn – put t...