British households may need to use payment protection claims and credit card refunds to help them avoid further money concerns in the future.Many families are already struggling with the high cost of living and low incomes that have been widespread since the banking crisis, but recent developments in the eurozone could see the UK's economic situation deteriorate further.Recent troubles in Greece and Italy have caused the European Commission to reduce its economic growth forecast for the eurozone from 1.8 per cent to 0.5 per cent and there are fears the circumstances could become worse.Consequently, unemployment in the UK could rise to 8.6 per cent, stated the commission's report."This forecast is in fact the last wake-up call. The recovery in the EU has come to a standstill and there is a risk of a new recession," said Olli Rehn, the European Union's economic and monetary affairs commissioner.According to Credit Action, there are 867,000 people in the UK who have been out of work for more than a year.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/search.aspx 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. Registration number Z1728023 and holds a Credit Consumer License issued by the Office of Fair Trading license number 634655.
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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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