CPP tycoon brands £1.3bn mis-selling compensation 'ridiculous'

Hamish Ogston - who owns a multi-million-pound home next to Harrods and has been honoured by Buckingham Palace for ‘services to business' - is at the centre of a scandal expected to lead to a flood of compensation claims, the Daily Mail reports. His company misled customers into buying worthless insurance for their credit, debit or store cards view high street banks. But last night, Ogston, who was awarded a CBE by Princess Anne in 2011, was unrepentant. Asked about the estimated £1.3b compensation payout, he described it as ‘b*******' and a ‘ridiculous figure' - and accused the Fi...