Payment protection insurance (PPI) claims and loan refunds could be handy for those consumers who are finding it hard to cope with the high cost of living in the UK.A new report from the Alliance Trust found that the level of inflation experienced by people across the UK depends on their age group and the goods they purchase.According to the research, pensioners will find their incomes are being stretched the most.The 65 to 75-year old age group experienced a 5.5 per cent increase in the rate of inflation, while those aged 75 and above had the highest rate in the country – 5.6 per cent."In particular, it is the elderly households which continue to suffer the highest rates of inflation due to electricity and gas price increases impacting these households disproportionately," said Linsey Thomson, senior economic analyst at the organisation. The Financial Services Authority recently fined HSBC £10.5 million for misselling financial products to the elderly.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.