The government is on a collision course with bankers after taking control of the Royal Bank of Scotland's bonus fund in advance of the end-of-year bonus season. Chancellor Alistair Darling has demanded control over the size and terms of bonus payments at the bank, which is majority-owned by the taxpayer, the Times reports today (December 2nd). Last year, the Royal Bank of Scotland paid out around £1 billion in bonuses, but this year the government will force the bank to pay out only in the form of shares, not cash. The intervention by the Treasury has been criticised by other investors in RBS who have expressed worries that the firm will lose staff. Many of the other investors are insurance companies, and are being backed by the Association of British Insurers. Recently, a report by the Centre for Economics and Business Research found that bonuses are set to rise this year and continue on an upwards trajectory in 2010 and beyond. If you would like to make a credit card charges claim to get back all your late payment / over limit fees in the last 6 years from the Royal Bank of Scotland then fill out the Quick Claim or call Belmont Thornton on 0845 526 0000.
Belmont Thornton Ltd. is regulated by the Ministry of Justice in respect of regulated claims management activities; our registration is recorded on the website www.claimsregulation.gov.uk number 18273
Belmont Thornton Ltd. is incorporated in England and Wales, Company number 6621233, whose head office and registered office is at Suite 2, Unit 25, The Coda Centre, Munster Road, London, SW6 6AW. VAT Registration number 945 3375 06.
Belmont Thornton Ltd is registered with the Information Commissioners Office to ensure compliance with the Data Protection Act 1998 registration number Z1728023 and holds a Credit Consumer License issued by the Office of Fair Trading license number 634655.
Please note that calls may be recorded and email traffic monitored for the purposes of security and staff training.
* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.