PPI Claims may help people who are struggling due to the current financial crisis.Speaking at a European conference on banking and the economy at Southampton University, Lord Turner, chairman of the Financial Services Authority (FSA), said the right level of credit is crucial for financial stability.He stated that to avoid any further financial disasters or disruptive swings in the economy the banking system must examine its core functions such as how much credit is extended to consumers and businesses "The fundamental question which I have asked is: how confident can we be that the quantity of credit supplied and demanded will be socially optimal? The answer is not very confident," said Lord Turner.He believes the failing of some major banks in the UK was because of malfunctions in old-fashioned banking practices, which remain just as important as new trading activities. The FSA's figures state the total number of complaints to banks associated with PPI increased by 23 per cent to 531,667 during the first half of 2011.John FieldmanHaving worked in the city for 19 years, John's main focus is interest rates and corporate finance.
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.