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.
Has Cadbury been sold on the cheap?
Despite yesterday's £8.50 a share offer from Kraft Foods receiving a recommendation from the Cadbury board there is concern today that the company may have been sold on the cheap. Legal and General, which was around 5% of the company, has today stated it believes the company is worth in excess of nine pounds a share and is not happy with the recommendation from the Cadbury board. So what next?...Read More
Buy now pay later on the rise
A move which is effectively robbing Peter to pay Paul has seen a number of UK consumers building up significant problems for the future. Since the recession started to bite in the UK we have seen a significant rise in the number of "buy now pay later" deals as businesses struggle to attract custom and consumers struggle to finance their bargains. While it may be some time before the full extent of...Read More
Bank of England set to increase quantitative easing fund by £25 billion
The Bank of England is this week expected to ask the Treasury for permission to increase the limit on the quantitative easing program from £150 billion to £175 billion. It is also expected that the MPC will this week agree to hold UK base rates at 0.5% until we receive further signs of economic recovery and increased demand in the financial markets. However, any request to increase the quantitat...Read More
Is there a need to replace the FSA?
The Financial Services Authority (FSA) is coming under more and more pressure with many people, businesses and politicians concerned that the U.K.'s leading regulator is not up to the job. There have been many instances over the last few months when the FSA has appeared to act after certain events continuing a line of reactive rather than proactive occurrences. So is there really a need to replace...Read More
No loyalty points for car insurance
Almost 60 per cent of respondents to Moneysupermarket.com's most recent Rate Alert poll reported that their motor insurance premiums had risen by over £20 at the last renewal, with 13.3 per cent saying their new quote was over £160 more than last time.Yet the website's records show that discerning claim-free shoppers can instead save five per cent on last year's premium price by choosing a diffe...Read More