Drivers lie over claims to insurance companies
Millions of British motorists would lie to insurance providers to avoid jeopardising their claim, a new survey suggests.The study by Moneysupermarket found that 2.5 million drivers in the UK would bend the truth to ensure they received a payout.When asked what they would do if they had failed to lock their car properly leading to it being stolen, 26 per cent of motorists said they would resist telling the truth until their conscience caught up with them.Only 18 per cent of motorists said they would give the full facts without being pressed, while 41 per cent would own up to their carelessness if asked. "It's extremely worrying that one in three drivers would actively attempt a cover-up if their carelessness led to a claim," Richard Mason, managing director of insurance at moneysupermarket, said."People may not see the omission of certain facts as fraud, but if these facts helped lead to the claim then thatÃ¢â‚¬â„¢s exactly what it is. "We would urge all drivers to tell the full truth; insurance fraud is a criminal offence and the overall consequences could be far more costly than the sums they are trying to salvage by being economical with the truth."Insurers are often seen as the bad guys, but there are two sides to any relationship and drivers need to own up to their mistakes," he added.It seems that the Welsh are most honest when it comes to revealing the truth, with a quarter saying they would have no problems admitting the true sequence of events.
David Cameron to get personal with attack on Labour leader
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UK government cracks down on business tax credits
The UK government has been accused of being overzealous in its pursuit of companies claiming research and development tax credits. HM Revenue and Customs (HMRC) has admitted that officers have been assigned to review thousands of cases of research and development tax credits being claimed by small, medium and large companies in the UK.
Despite the fact that the reduction of any clai...
War pensioners 'experiencing Austerity Britain once more'
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Primark announces excellent Christmas performance
In these times of reduced consumer spending it will come as no surprise to find that Primark, the low-cost fashion chain, has reported like-for-like sales up 8% over the Christmas period. Even though there were high hopes for the group, these figures appear to have exceeded management expectations and bode well for the immediate future. This comes at a time when the general UK high street is st...Read More
Alistair Darling set to ask banks for disaster recovery plans
Amid signs that the UK government is going down the same road as the US government and significantly increasing its control of the UK regulation environment, Alistair Darling is said to have ordered the Treasury Department to redraft basic banking rules in the UK. In a follow-up to a suggestion late last year, the Chancellor of the Exchequer is to ensure that all British banks have a plan for thei...Read More