Tree subsidence danger highlighted
Homeowners are being warned about the potential subsidence dangers caused by planting trees too close to their homes.According to Halifax Home Insurance, planting trees too close to homes accounts for the majority of subsidence claims dealt with by insurers.In extreme cases, subsidence can cause major structural damage to homes, however paying special attention to the trees and vegetation around a property can go a long way towards reducing the risk of a subsidence problem."When people plant trees they plant them as young saplings in the garden and obviously they are going to prove no problem whatsoever till after a good number of years," Neil Curling, spokesperson for Halifax Home Insurance said."Regardless of whether the present incumbents stay in the house long enough they have set in motion a chain of events which can lead to subsidence."People do plant trees too close to houses and they bring about the majority of subsidence insurance claims that we face," he added.Most people are insured for subsidence in their home insurance policy, even if they planted the offending tree themselves.
'Switch providers to save on loan repayments'
Borrowers can make significant savings by changing their loan provider halfway through the repayment period, it has been claimed. According to research conducted by price comparison site uSwitch.com, the average consumer with a loan of £8,000 could save £180 by swapping for a best buy deal. However, despite the savings to be made many borrowers are reluctant to change provider, with 2.5 million...Read More
Alistair Darling blames the UK banks for the current recession
In a further spate of the blame game the Chancellor of the Exchequer Alistair Darling has this evening again suggested that the current recession can be laid fairly and squarely at the door of the UK banking sector. Rather bizarrely, he has suggested that the banking companies in the UK had been guilty of "hiding their liabilities" when the Northern Rock debacle was in full flow.
Are investment markets starting the cycle again?
Slowly but surely the UK stock market, and the US stock market, are showing signs of life amid signs that many investors believe the worst of the economic downturn is over. However, historically markets have a very set cycle which with hindsight is very easy to read and very easy to understand. So are markets starting the economic cycle all over again?
The cycle of a traditional sto...
Lloyds TSB set to ignore government guidelines
In a move which is sure to cause serious concern in the corridors of power it has been revealed that Lloyds TSB will be making very few changes in the light of the taxpayer bailout. Claims that employees will receive no bonuses, nor pay rises and restrictions on trade will be introduced have seriously backfired on the UK government and this could be Gordon Brown's Armageddon.