Payment protection refunds may help many consumers in the UK who have just experienced some of the toughest financial conditions in recent times.A high rate of inflation - which is consequently reducing the amount of spending power available to households - was one of the major contributors to a record fall in the Alliance Trust UK Financial Reality Index.The measure dropped to 56.7 in the third quarter of this year, revealing financial conditions are the worst they have been for individuals in the UK since the culmination of 2008.Alliance Trust sets its index's long-term average at 100 and it has been an accurate measure of future spending patterns in the past.The consumer prices index rate of inflation is now at 5.2 per cent and this means households in the UK will need to find a combined £46 billion to continue to enjoy the same standard of living they were experiencing a year ago, according to MGM Advantage.Amir HussainAmir specialises in personal loans, consumer debt and debt management.
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/search.aspx
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. Registration number Z1728023
and holds a Credit Consumer License issued by the Office of Fair Trading license
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* 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.
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