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PPI Claim News - 14/12/2009

Bank refunds: Cleaners 'worth more than bankers'

Hospital cleaners perform a more useful function in society and create more wealth than bankers.

That is according to a report released today by the New Economics Foundation which attempts to put a value on the contribution which different jobs make to society.

It concludes that hospital cleaners create more than £10 for every £1 they receive in wages, while far from creating wealth, bank executives cost society a further £7 for every pound.

Waste recycling workers are among the most valuable, creating £12 for every pound they get paid.

Despite their apparent cost to society, bankers are more handsomely paid than almost all other groups of workers.

The analysis takes into account the assets which have been wiped from banks' books in the global financial crisis, and the report claims that high pay can damage society by failing to take into account the damage done to other parts of the economy.

Recently, Barclays announced that it was giving its senior employees pay rises of up to 150 per cent, with many now receiving a salary of more than £300,000 a year.

For free advice on how to make a PPI ClaimPayment Protection Insurance claim or a credit card charges claim then call Belmont Thornton on 0845 526 0000 or fill in the Quick Claim form to be sent a free PPI Claim pack or credit card charges claim pack.ADNFCR-2776-ID-19511179-ADNFCR

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