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PPI Claim News - 30/3/2010

Credit card charges: Economy continuing to grow

Those unclear over credit card charges may be interested to learn that growth on the high street this year is predicted to be less than 1.5 per cent.

That is according to foreign exchange company Caxton FX, which commented on recent data showing that the economy had grown by 0.4 per cent in the three months through last December.

This is a slight increase from the 0.3 per cent recorded during the previous quarter, which represents something of a fragile recovery.

Caxton FX senior analyst Duncan Higgins said the fiscal situation remains "dismal" despite the slight economic upturn.

"A 0.1 per cent rise is hardly a leap and it's certainly too early to talk about recessionary pressures evaporating," he explained.

"That said, the improved figure does lessen the possibility that the Bank of England will extend their quantitative easing programme at their meeting next week."

The Department for Business, Innovation and Skills said earlier this month that by creating the conditions for business success it hoped to build a "dynamic and competitive economy" in Britain.

If you would like to make a credit card charges claim to get back all your late payment / over limit fees in the last 6 years from your bank then fill out the Quick Claim or call Belmont Thornton on 0845 526 0000.

Posted by Jennifer Haines
Jennifer's speciality knowledge is credit card changes and balance transfers.ADNFCR-2776-ID-19697273-ADNFCR

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