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.
Will we ever find a suitable regulatory system for the UK?
As the government issues yet another revamp of the UK regulatory system for financial markets there are serious concerns that the government's strategy is more short-term than long-term. By creating increased friction between the Bank of England and the Financial Services Authority (FSA), as well as bringing the Treasury in to oversee the system, there are great fears of turf wars within the regul...Read More
SFO confirm instances of fraud have increased lately
The serious fraud office is rumoured to be investigating at least two multi-million pound frauds which have come to light in the UK over the last few months. These cases have no association with the ongoing US investigation regarding the $50 billion investment fund pyramid scheme which recently collapsed. However, these two new investigations do reflect the increasing number of attempted frauds in...Read More
When was the last time you had a financial health check?
The vast majority of UK public are more than happy to place their savings in a bank account, leave them there and do nothing about them for some time. However, on the other hand there are a growing number of the UK population looking to realign their assets on a regular basis in order to take account of market movements and the potential to improve their investment prospects and investment income....Read More
Why is Lloyds bank looking for a successor to Eric Daniels?
In a rather bizarre announcement it has been revealed that Lloyds bank has hired a firm of headhunters to draw-up a short list of potential successors to chief executive Eric Daniels, despite there being no plans for him to leave his position. Even though the bank has suggested this is simply a contingency plan for the future there are concerns that the management at Lloyds bank is fragmented and...Read More
Northern Rock forced to pay 43,000 customers compensation
11/12/2014 Former high street bank Northern Rock has been ordered to pay 43,000 borrowers compensation over misleading wording of past loan documents. A High Court ruling confirmed that Northern Rock Asset Management (NRAM), the nationalised remains of Northern Rock PLC, will have to pay £261 million to previous customers. The ruling relates to the banks “Together Mortgage”, which all...Read More