£6bn lost on cancelled holidays
With a recent study revealing that over £6 billion was lost last year through people cancelling holidays they have already booked, Britons have been reminded of the importance of taking out a comprehensive travel insurance policy.According to the insurer More Than, who released the findings, while many people book their holidays well in advance, many fail to take out insurance and therefore leave themselves vulnerable to losing money spent on booked travel and accommodation should their plans change.Of all the claims made through More Than's travel insurance service last year, 26 per cent were for the cancellation of holidays, with an average cost of £856.Commenting on the findings, the company's head of travel insurance, Keira Clark, said: "It's encouraging that holidaymakers are catching on to the importance of travel insurance, but many still don't realise that by purchasing their policies late, they miss out on valuable cancellation cover."The comments come soon after British holidaymakers were advised to make sure their building insurance is up-to-date before going away, in the event of leaking pipes and water damage.
Rail bosses announce extortionate 11% ticket price rises
The UK rail industry is today charged with hitting consumers when they are down after the announcement of ticket price rises of up to 11%. At a time when the government is keen to see as many of the UK population transfer to public transport as possible, this 11% inflation busting rise is the last thing they need. There had been a feeling across the UK that due to higher tax charges aimed at those...Read More
Is bankruptcy an option in your financial situation?
As consumer debts continue to rise in the UK, despite historically low base rates, more and more people are now taking professional advice regarding their debts. Even though there are many options available such as debt consolidation loans, IVAs and Trust Deeds in Scotland it seems that more and more people are now being forced down the route of bankruptcy.
Even though bankruptcy is...
Council tax rises would have hit the poorest
The coalition government has today stepped back from a potential revaluation of council tax bands because of concern that any increase would see the poorest in society hit hardest. This is a sensible approach from the coalition authorities who have been accused of milking the poor to save the rich in light of recent austerity measures announced and set to be introduced in the short to medium term....Read More
Is The NHS Still A Free Service?
The recent celebrations to mark the life of the NHS were seen as a wake more than a celebration by some who are very close to the institution. Over the last few years we have seen more and more back door charges introduced, dentists refusing to take NHS patients and doctors overloaded with more patients per doctor than ever before. On top of this we have see prescription charges in the UK contin...Read More
Government looking at raising national insurance
The UK government is rumoured to be looking at a potential rise in national insurance contributions to fund a guaranteed minimum level of care for the elderly in the UK. A Green Paper is to be released to the Houses of Parliament next week amid signs that politicians from all sides of the house are now gearing up for a general election. National insurance is one such tax which has crept higher and...Read More