Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

 
PPI: UK economy set for 'tough' 2011

The UK economy is set to have a "tough" 2011, according to the Centre for Economics and Business Research (Cebr).

The economic forecast published by the Institute of Directors (IoD) yesterday (November 16th), revealed that the economy is set to grow temporarily this year before stagnating in 2011.

Furthermore, the IoD predicted that gross domestic product is set to grow by around 1.2 per cent next year.

Owen James, an economist at Cebr, claimed that the forecast "is broadly in line" with the body's own view on the progress of the recovery.

He said: "The news from the IoD adds to the volume of data we have seen from business leaders which suggest 2011 is going to be a tough year for the UK economy.

"We see the measures announced to tackle the UK government's structural budget deficit as having a more negative impact on growth than the Office for Budget Responsibility [has predicted]."

Posted by Charles Baker

Charles is a reputed financial analyst with almost decades of experience under his belt ADNFCR-2776-ID-800242081-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 
Town
County
Post Code 
Email 
Circumstances
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 www.gov.uk/moj/cmr number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B16, 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