Gosling's Grouse: CPP scandal taints us all

GOSLING'S GROUSE

Ireckon I am in for another big payout after banking my PPI compensation cheque. Hot on the heels of the PPI debacle comes the news banks are putting aside a modest £1.5bn for identity theft cover.

Much of this cover came courtesy of a firm called CPP which seems to be run by a particularly erudite boss who found his five minutes of fame the other week by describing the mis-selling allegation as ‘bollocks’. He is clearly a lover of Shakespeare, which can be the only reason he would use such language to describe his own products. Of course, much of the so-called identity theft insurance was (a) unnecessary and (b) probably worthless. Many people found themselves being flogged the ‘cover’ when ringing to activate a credit card, and being put through to someone acting on behalf of ...