Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News - 23/2/2010

Bank reclaim: The real 'victims' are savers

In the middle of a backlash against bankers the real "victims" are still the savers, a leading financial journalist has claimed.

Justin Harper said hiked credit card charges, low interest rates, a decline in personal saving schemes and a continuously low Bank of England (BoE) base rate of just 0.5 per cent are detrimental to consumer saving.

In an article for the Telegraph he said that regardless of whether inflation continues to rise or fall, savers will repeatedly be hammered as rates continue to "plummet".

"They have spent a lifetime putting money aside and now are fighting a losing battle to get a real rate of return.

"Meanwhile, the bankers who brought the world economy to its knees seem to be just as keen as ever to grab their bonuses and carry on as if nothing had happened," claims Mr Harper.

His comments come after it was revealed that credit card charges and interest rates have hit a 12 year high, while the BoE base rate remains at a 300 year low.

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-19630939-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