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.
Lord Adair Turner Appointed Chairman Of FSA
The last couple of years have been some what uncomfortable for the Financial Services Authority with the recent Northern Rock debacle highlighting a number of deficiencies in the UK Financial Sector. However, it seems that Sir Callum McCarthy will hand over the reigns to a safe pair of hands when he steps down in September.
Lord Turner has a history in banking having held the role...
Metro Bank opens doors in UK
The first truly new retail bank in the UK opened its doors yesterday when US billionaire Vernon Hill launched his vision for the future of UK banking in the shape of Metro Bank. The company will offer retail hours, "unparalleled service" and a range of products which the company believes will be suitable for everybody in the UK. However, it is the pledge that it will take only 15 minutes for custo...Read More
Could Lloyds Bank be broken up?
There is speculation in the marketplace that management at Lloyds Bank may well be considering a breakup of the group with the company's Scottish Widows subsidiary said to be top of the list. If valued on a similar rating to its peers Scottish Widows accounts for around 20% of Lloyds Bank's total market capitalisation yet only accounts for 8% of the group's earnings. There are also additional fund...Read More
Are UK investors jumping back into the stock market?
The Investment Management Association (IMA) has issued a very upbeat report on the state of the UK investment market with confirmation that the second quarter of 2009 saw a net £7.4 billion invested in the sector compared to just £2.3 billion in the same period last year. This figure is the net investment in the sector after taking into account redemptions and withdrawals and is very positive fo...Read More
Making your savings work harder
The savings industry in the UK has taken a battering over the last couple of years due to relatively low interest rates and a lack of liquidity in the UK financial markets. As a consequence, many savers in the UK are actually receiving little or, in some cases, no interest on their savings. So how can you make your savings work harder for you? There are two specific ways in which you can make y...Read More