Bankers have been warned against carrying on with a 'business as usual' attitude by a senior Member of Parliament.John McFall MP, who chairs the Commons Treasury Select Committee, said many employees in the financial services sector still needed to learn the harsh lessons of the global financial crisis.He said there is a danger that if excessive risk-taking makes a comeback in the City, this could spur another major financial collapse on the scale on the problems in Autumn 2008 when Lehman Brothers folded and governments had to step in to save many banks.The veteran MP for West Dunbartonshire told the Scotsman: "They have got to come into the real world."For bankers, it is a one-way bet. They win irrespective of what happens. If their company does well, they win handsomely, and if their company goes down, they win handsomely."Mr McFall has been chairman of the influential Treasury select committee since 2001. 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.