Why shopping around for your car insurance is vital!
As we covered in one of our recent articles on motor insurance, the AA reported a 7.2% increase in average car insurance premiums in the final quarter of 2009. However, the annual increase in car insurance premiums is well into double digits and there is serious concern that motorists will be hit with higher and higher premiums in the short to medium term.
Many of us will have been with the same car insurance company for a number of years and ultimately there are thousands in the UK who will never have looked around. However, there are many comparison websites available which will indicate any potential savings you could make by taking your car insurance elsewhere. Even if your current insurance company turns out to be the most cost-effective for your situation then surely a quick look around the comparison websites will do you no harm?
The truth is that developments in the online arena now make it easier than ever before to check out a whole raft of different car insurance companies using one simple form. Gone are the days when individual e-mails and individual forms had to be completed, and in many cases you will have a summary of estimated car insurance premiums from different providers within a matter of seconds. Many people have made savings into the hundreds of pounds simply by looking around, so what do you have to lose?
ECB holding off bond purchases
In a show of confidence in the euro zone economy, the European Central Bank (ECB) has today confirmed only a minimal purchase of bonds last week as a way of attempting to shore up the European economy. The â‚¬10 million acquisition of bonds last week is minimal compared to the billions of euros spent in May this year. So why is the ECB holding back? Despite earlier concerns that the Europea...Read More
Has Barclays bank turned the corner?
Barclays bank took the unusual step today of publishing exceptionally detailed information regarding the forthcoming 2008 results. In an open letter to investors from Marcus Agius and John Varley it was revealed that the bank will announce write-downs of no more than £8 billion. It was also confirmed that the group will make a profit of £5.3 billion in 2008, even after the substantial write-down...Read More
Could we see UK banks moving overseas?
As the recently created Banking Commission looks to hit the ground running in the UK there is great concern that the idea of forcing UK banks to split themselves up between retail and investment operations could backfire. Already the likes of HSBC have stepped forward to say that while they are happy to be based within the UK they will, like so many other banks in the country, reconsider their pos...Read More
Cheap car insurance will not come to you!
Despite comments from the AA just a few days ago regarding UK car insurance premiums, which have fallen in the first quarter of 2010, many people are still not taking advantage of the weakness in car insurance premiums. The truth is that no insurer will offer you a cheaper deal unless you ask and cheap car insurance will not fall onto your lap! There is no excuse to be paying excessive car insu...Read More
How to pay off your credit card debt as quickly as possible
As many in the UK continue to struggle under a mountain of debt, with credit card debt particularly high, there are a couple of simple ways in which you can reduce the interest on your debt mountain and pay off the outstanding funds as soon as possible. It will come as no surprise to learn that 0% credit card balance deals are starting to come back to the market and should be considered by those s...Read More