Payment protection insurance (PPI) claims and credit card refunds could provide the financial help that many people need to cope with the high cost of living in the UK.The Bank of England has announced that the current rate of inflation in the UK is 4.8 per cent and despite that being a slight fall from last month's level of five per cent, experts argue that it is still high enough to cause money problems for many.Kevin Mountford, the head of banking at MoneySupermarket.com, said that consumers in the UK had been struggling with an ever-increasing cost of living since the onset of the banking crisis and they should take all the steps available to them to avoid falling into debt.He said: "It is imperative that households take the opportunity to bring their finances under control."PPI claims may be more effective than savings accounts, as the Bank's Monetary Policy Committee recently voted to keep the base rate of interest at 0.5 per cent.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.
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