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.
George Osborne cautions on UK economic recovery
Over the last few weeks there has been doom and gloom surrounding the UK economy and prospects for short to medium term. However, today's news that the UK economy grew by 1.1% in the second quarter of 2010 would appear to offer the perfect opportunity for the Chancellor of the Exchequer George Osborne to try and talk the economy up even further. So why is George Osborne remaining fairly cautious?...Read More
UK building societies attack unjust levy for the banking sector
The chief executive of the Skipton Building Society, David Cutter, has today stepped in to the row which has seen a massive increase in deposit protection scheme levies across the financial sector. Skipton itself has paid in excess of £16 million this year as its share of the scheme which was introduced to assist the UK banking system. However, comparisons between the building society sector and...Read More
Has the UK government done a deal with Virgin Money?
As the ongoing reorganisation of Northern Rock continues and news filters through to the market that Virgin Money has applied for a banking licence through the FSA (Financial Services Authority) it would appear inevitable that Virgin Money will make an offer for part or all of the Northern Rock business. Indeed there are rumours in the city that this is already a "done deal" with the government le...Read More
Savings providers fined for misleading marketing
17/06/2014 Credit Suisse and the Yorkshire Building Society have been fined by the Financial Conduct Authority (FCA) for the use of “misleading” marketing when promoting an investment product. Credit Suisse was fined £2.4m, whilst Yorkshire Building Society received a smaller fine of £1.5m. The financial services institutions, which both accepted the fines, were found to have promot...Read More
Scottish government warned not to rule out tuition fees
Despite the fact that the Scottish government has promised a "unique solution to Scottish further education fees" the SNP has been warned not to rule out tuition fees north of the border. The warning comes from the UK government which has for many years operated at a disadvantage to its Scottish counterpart in relation to tuition fees. The tuition fee system was abolished in Scotland some time ago...Read More