Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News - 17/11/2009

Bank Refunds: Top banker warns government on regulation

The boss of a major bank has called on the government not to introduce new regulation for the financial services sector, arguing that it could have an impact on the UK economy as a whole.

Peter Sands, chief executive of Standard Chartered Bank told the Daily Telegraph that banks would simply pass on the additional cost of regulation to consumers.

He said: "The reality is that a lot of that incremental cost will just get passed on to their customers in terms of increased pricing. This is not a risk-free, cost-free game here."

The government is expected to introduce new rules this week allowing the FSA to curb bankers' bonuses and intervene to support people who have launched claims against banks, for example over mis-sold payment protection insurance.

Belmont Thornton can help you make a PPI claimPayment Protection Insurance Claim, or a credit card charges claim. For free PPI Claim advice call 0845 526 0000 or fill in the Quick Claim box to be sent a PPI Claim pack or credit card charges claim pack.ADNFCR-2776-ID-19464159-ADNFCR

Bookmark and Share
Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Post Code 
Claim Back Mis-Sold PPI Button

Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B11, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

Please note that calls may be monitored for the purposes of 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.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide