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.
John Swinney appeals to banks on behalf of small businesses
Scottish finance minister John Swinney has admitted writing to the Royal Bank of Scotland, HBOS, Lloyds TSB and Clydesdale bank on behalf of the small business committee of Scotland. Swinney has urged the banks in question to make use of available lending through the European Investment Bank which has been put aside specifically for smaller companies in Europe.
Small to medium compa...
Comparison websites back in the limelight!
Plans to introduce a watchdog to cover the UK comparison website sector have collapsed when a voluntary code attracted little attention and very few signatures from industry players. A number of the more prominent comparison websites in the UK refused to sign up for a number of reasons and there are now concerns that the UK government will step in to introduce a more formal watchdog for the sector...Read More
Standard Life shareholders set for £1.75bn windfall
04/09/2014 Standard Life shareholders are set to receive a share of a £1.75bn windfall, after the insurance and investments company sold the Canadian side of its business to Manulife. The sale of assets will mean that Standard Life will no longer retain their insurance and investments business within Canada. However, they will still work with Manulife to sell their products in Canada, the U...Read More
Charity fears 'unlawful' bailiffs
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Single parents 'struggle' to save
Single parents are "struggling" to put aside money for their children's futures, a new report has claimed.Just one in six single parents have made regular payments into a child's savings account, according to research commissioned by friendly society Engage Mutual.Only 17 per cent of single parents with children under 16, who were questioned in a YouGov survey, said that they had made regular depo...Read More