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?
MPs accuse FSA in Icelandic bank collapse row
A committee of MPs from the House of Commons have today taken the unusual step of publicly criticising the conduct of the Financial Services Authority (FSA) with a suggestion that the authority has been deliberately obstructive. This is an ongoing investigation into how a number of local UK authorities managed to put in excess of £1 billion at risk in the Icelandic banking collapse.
National Express shares in demand
It has been a rollercoaster period for National Express shareholders with a potential bidder walking away after months of negotiations, the company's bankers increasing pressure and last week we saw Stagecoach emerge as a possible merger partner. However, National Express directors stand accused by some in the city of attempting to "ramp up" the share price ahead of a planned rights issue next wee...Read More
Look after the pennies and the pounds will look after themselves
There are many sayings in the financial industry and one which is sometimes ridiculed is "look after the pennies and the pounds will look after themselves". However, if you take a step back and review this particular saying you may well begin to understand exactly where it comes from! While the vast majority of us will at some time look to save money on our monthly budgets and household expendi...Read More
IMF believes UK jobless total set to rise
Despite hopes that the UK economy will finally turn around and move into recovery mode in the short to medium term, the International Monetary Fund (IMF) has today poured scorn on hopes that the UK jobless total will soon peak. The IMF believe that unemployment in the UK will continue to rise well into 2010 and indeed the UK is one of the worst performing economies in the world at this moment in t...Read More
What is contrarian investing?
As stock markets continued to fall there is a feeling that value is starting to appear in many sectors but whether now is the time to buy is debatable. This brings into play a very interesting investment strategy commonly known as "contrarian investing" which involves investing funds into companies and sectors which are currently "out-of-favour". So how does this investment strategy work?