Summertime garden theft blues cost £400
Opportunistic garden thieves stole an average of £400 of garden furniture from properties in the UK last year.With the sunny days of British summertime almost upon us, homeowners are being warned to protect their homes this year to prevent green-fingered thieved from spoiling their summer.According to Halifax, insurance claims for garden theft tripled between March and August last year, with items including tools, barbecues, bicycles and patio furniture high on the thieves' wish-list."Homeowners can forget to pay as much attention to security outside the house as they do inside," Halifax Home Insurance's senior manager of underwriting, Vicky Emmott said."With many people realising how much value they can add to their property by improving their gardens, there are now rich pickings for thieves, and now is the time to take steps to avoid becoming the next victim," she added.Stoke-on-Trent, Doncaster and Southampton were listed as the top three worst hit areas in the UK, with Wakefield, Nottingham and Newcastle not far behind.
Does the UK government support splitting UK banks?
While Mervyn King's comments earlier in the week regarding a potential splitting of UK banks between risky and less risky operations received very short thrift from the UK government there is a feeling that forthcoming banking capital rules may well produce a similar scenario. Quite why the government and Mervyn King appear to be at so different ends of the spectrum is a mystery when evidently the...Read More
Insurance industry 'can stay competitive'
Insurers can ride out the current difficulties facing the industry as costs rise, with the consumer set to benefit.That is the message from the Association of British Insurers (ABI), which says that soaring costs to the tune of 75 per cent in bodily injury claims since 2000 and 66 per cent in accidental damage claims can be negotiated.Speaking to BBC Radio 5 Live's Wake Up To Money,...Read More
Ofgem criticise energy suppliers complaints handling
29/09/2014 Over half of people who complain to their energy suppliers are not satisfied with the way their complaints are handled, according to new research. The report came from the Office of Gas and Electricity markets, (Ofgem), an independent National Regulatory Authority who protect the interests of existing and future electricity and gas consumers. The research claims that 57% of domes...Read More
Should the state look after us in later life?
There has been much mention of the UK pensions industry over the last few weeks, in both the public and private sectors, with many changes forecast in the future. However, it is becoming more and more apparent that many people in the UK are unwilling or unable to put aside savings for their retirement and will become more dependent upon the state to fund their later life. But should the state look...Read More
Petrol Price Falls Are Not Mirroring The Fall In the Oil Price
The AA is calling for a more transparent system to ensure that the price of petrol is publically linked to the price of oil. The call comes as the 'collapse' in the oil price to $118 is not being reflected in the price of petrol, even after recent falls. So what can the authorities do about this?
While it is easy to say that the price of petrol should closely reflect the price of...