Magnificent Merricks & Mastercard

ACCORDING to my source, Haringey resident Walter Merricks CBE is a “very bright bloke”.

And, the former Financial Ombudsman has prevailed in nine-year long case against a giant multi-national financial institution.

He brought a Class action against MasterCard and—thanks to a ruling (pdf here) by the Competition Appeal Tribunal—the consumer champion now appears to have generated £200,000,000 to be distributed.

Millions of consumers could apply.

MasterCard consumer claim here.

Settlement updates

Beneficiaries may receive between £45 and £75, depending on the take-up.

.