Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News - 11/3/2010

Myners tightens grip on bankers pay

In a bid to curb excessive bankers' pay packets, a law requiring the disclosure of salary could be tightened under new government plans

City minister Lord Myners yesterday added to proposals set out by Sir David Walker last year, which stated salaries of more than £1 million should be declared to the public.

However, the city minister is now recommending that this figure should be cut by half.

Under his suggestions, any annual income in excess of £500,000 is to be made publicly aware in a bid to give "shareholders much more power and information to shape remuneration policies at banks".

While individual staff would not be named, the proposals would permit the UK public, shareholders and consumers to know which banks were administering bumper payouts.

This would include gaining information on the taxpayer-funded financial institutions including 84 per cent-owned Royal Bank of Scotland (RBS) and 41 per cent-owned Lloyds Banking Group (LBG).

If you would like to get your payment protection insurance back - PPI Claim from RBS or LBG then fill out the Quick Claim form or call Belmont Thornton on 0845 526 0000 for PPI claim advice.ADNFCR-2776-ID-19663001-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