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.
ID fraud is on the increase
Identification fraud is on the increase across the whole of the UK including the consumer and business arenas. Despite the fact that the government and various regulatory authorities throughout the country have highlighted the problem of ID theft for some time, more and more consumers and more and more businesses seem unwilling to take these warnings on board. There is a feeling that this lack of...Read More
Latest report shows consistent wage drops
31/01/2014 The trend of real wages dropping since 2010 is now the longest period of falls since 1964, according to the latest report from the Office for National Statistics (ONS). ‘Real wages’ is the calculation of average earnings when the rising cost of living, or inflation, is taken into account. Furthermore, the report took account factors such as the difference in inflation between...Read More
The UK government looks set to bailout PFI companies
The UK government has depended largely upon private financial initiative schemes (PFI) in the past in order to roll out significant numbers of new schools, new motorways and similar projects. As Gordon Brown mentioned only a few weeks ago he is looking to create or save over 100,000 public sector jobs in these troubled times. However, it has become more and more apparent that the PFI schemes, on w...Read More
Life insurance fraud 'very low'
It has been suggested that instances of life insurance fraud are rare in the UK because the industry takes strong measures to prevent fraudulent claims being made.The recent media furore surrounding the case of John and Anne Darwin, who have been arrested in relation to potential life insurance fraud, has ignited interest in the sector's efforts to prevent people from fraudulently claiming on thei...Read More
BT pension fund setback
BT, the UK telecoms giant, was today informed by the telecoms regulator that there is no obvious reason why the company should be allowed to increase wholesale charges in order to help plug the gap in the company's pension scheme. The company had hoped that the regulator would look favourably upon the request to increase wholesale charges which would have helped to pay down the £9 billion pension...Read More