Consumers could suffer at the hand of steep bank charges for some time if one analyst's glum economic outlook rings true.According to BNP Paribas, the UK economy is likely to remain in turmoil for some time, and will go through a "soft patch" before significant improvements are made.Alan Clarke, an analyst at the company, did provide a silver lining though, suggesting it was unlikely the country would suffer a double-dip recession, even if it will take some time for a recovery to be mounted."I think we will have a soft patch," he said."We are coming out of the recession, we will have a quarter or two of decent growth but then I think we will go back down."His comments came after a survey by the Independent indicated that more than half of business leaders do not currently see any signs of economic recovery in their dealings.With a further 11 per cent unsure if there have been any significant improvements it could be some time before consumers are freed from the current financial downturn that is leaving so many in debt.Belmont Thornton can help you make a PPI claim – Payment Protection Insurance Claim, or a credit card charges claim. For free PPI Claim advice call 0845 526 0000 or fill in the Quick Claim box to be sent a PPI Claim pack or credit card charges claim pack.
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.