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?
Is free banking under threat again?
As the UK banking arena moves out of recession and back into a growth phase there are growing concerns that so called "free banking" is again under threat. While in reality there is no such thing as "free banking" in the UK or anywhere around the world, whether this takes in direct charges or indirect charges, we are starting to see an increase in service charges and banking fees. A number of a...Read More
Aviva backtracks on £1 billion payout
Last July saw insurance giant Aviva announce plans to distribute £1 billion of orphan assets amongst its policyholders in what was seen as a groundbreaking move for the sector. However, Aviva has today withdrawn the offer which would have seen around £1000 forwarded to each with-profits policy holder in these very difficult economic times. The company has claimed that falling stock market valuat...Read More
Gordon Brown under pressure regarding use of Labour Party funds
Former Labour Party general secretary Peter Watt has today revealed the use of Labour Party funds by Gordon Brown during his tenure at the Treasury. While there is no suggestion whatsoever of lawbreaking or illegal practice, the former Labour Party general secretary has questioned what the funds were used for as there appears to be little in the way of records available. It seems very strange t...Read More
Royal Bank of Scotland sees more doom and gloom ahead
Despite forlorn hopes of a short term recovery in the banking sector it looks as though we are in for yet more bad news in the short to medium term. Announcing write-downs of over £200 million Royal Bank of Scotland has indicated this will increase in the third quarter of 2008 as the fallout from the credit crunch, economic slowdown and increasing mortgage defaults continues to worsen.
Inflation numbers surprise the city
Today's announcement that Consumer Price Inflation (CPI) remained unchanged at 1.8% last month surprised many people as there had been a feeling that the UK CPI figure would fall further, in line with many European and worldwide partners. There was also a chink of light with regards to the retail pricing (RPI) with the rate improving slightly from -1.6% to -1.4%. The surprise strength in both the...Read More