Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

 
Bank Charges: Bonus pay talks to continue over Christmas

Talks between the UK government and British bank chiefs over proposed bonus rulings will continue over Christmas, it has been revealed.

The bosses of the five biggest banks in the UK met with the Chancellor George Osborne and Business Secretary Vince Cable today (21st December), to thrash out an agreement on curbing excessive bonuses.

A spokesman stated that the banks put forward a number of proposals and that the talks were constructive.

He said: "The Government affirmed its desire to see a strong, responsibly and internationally competitive financial sector.

"These proposals will be the subject of further discussions over the Christmas period with the aim of building a sustainable, co-operative relationship between the lenders and Government in 2011 in support of the economic recovery."

The commitment to continue the dialogue throughout the festive period will allow the two sides to meet their initial deadline and reach a deal before the end of the year,

Posted by John Fieldman

Having worked in the city for 19 years, John's main focus is interest rates and corporate finance ADNFCR-2776-ID-800305279-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