Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

 
Credit card charges: Long-term unemployment at highest level since 1997

A large number of people may be facing credit card charges as new figures show that long-term unemployment is at its highest level since 1997.

Recent research by the Institute for Public Policy Research (IPPR) showed that in Britain, there are now 850,000 people who have been unemployed for more than a year. This figure is a rise of 20,000 since January 2011.

Nick Pearce, IPPR director, said: "Being out of work for more than a year can have a scarring affect, making it harder to get a job and as well as having a negative impact on one's health and wellbeing.

"The government's decision to abolish job guarantees for young people may leave a generation of young people scarred for many years to come."

Findings also showed that the proportion of men out of work for more than a year rose to 40 per cent, while 27 per cent of women have been out of work for more than 12 months.

John Fieldman

Having worked in the city for 19 years, John's main focus is interest rates and corporate finance.
 ADNFCR-2776-ID-800562079-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 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