Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News - 12/3/2010

Britain paying a 'horrific price' for bankers' dictation

Britain is paying a "horrific price" for allowing bankers to dictate the credit policy in the UK, according to a leading commentator.

Writing for the Guardian, journalist and author Simon Jenkins, who has edited the Times and the London Evening Standard among other credentials, said that the government has been at the beck and call of bankers since the financial collapse in 2008.

He compared the chancellor Alistair Darling to a "puppet on a string" for administering such high-value financial support.

"He never spent such money on indebted homeowners or indebted manufacturers or indebted African states," he commented.

"He did it to banks because they told him they were too big to fail. Advised by bankers, surrounded by bankers, obsessed with bankers, Darling paid."

He also called for greater accountability from the banks, stating that the public have a right to know where the billions of pounds of taxpayer money has been negotiated.

Mr Jenkins's comments come after the taxpayer-funded Royal Bank of Scotland (RBS) and Lloyds Banking Group (LBG) reported a combined loss for 2009 of almost £10 billion.

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 RBS or LBG then fill out the Quick Claim or call Belmont Thornton on 0845 526 0000.ADNFCR-2776-ID-19665681-ADNFCR

Bookmark and Share
Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Post Code 
Claim Back Mis-Sold PPI Button

Belmont Thornton Limited is regulated by the Financial Conduct Authority in respect of regulated claims management activities; FRN:838450

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B11, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

Please note that calls may be monitored for the purposes of 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.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide