Blog: £1.5bn is the best deal Eq Life policyholders will get

I know the policyholders' groups don't see it that way but in the current economic climate the prospects of getting the £6bn plus they now say they were hoping for are remote. The compensation demanded by the policyholders has steadily crept up in the many years I have been following this scandal. When the action groups first held meetings with MPs to lobbying for a settlement they were talking about £2bn. Then, as the campaign gained momentum this jumped to £4bn, a figure which although high, seemed to find some acceptance among those campaigning alongside the policyholders and wh...