'DIY' holidaymakers risk travel cover
Around eight million UK tourists risk being stranded during the summer because they are not covered by Air Travel Organisers' Licensing (Atol) travel protection.Most traditional travel agents automatically cover holidaymakers with Atol protection, which should ensure that tourists are escorted home and reimbursed should their agent cease trading.'DIY' tailored holidays from independent agents do not always offer this scheme, yet 39 per cent of holidaymakers booked this kind of holiday last year where a decade ago 97 per cent of holidays were booked through conventional agents.David Clover, spokesman for Atol, said on Channel 4's News at Noon that he was concerned that a new survey by the Civil Aviation Authority showed that a third of holidaymakers mistakenly believe they are covered by the Atol scheme when booking independently.Mr Clover said: "Atol provides full financial protection if anything goes wrong with the travel company, that means they'll get their full refund or be repatriated back to the UK if the tour operator goes bust.He warned of the importance of making sure you have adequate travel insurance, saying: "If you do a DIY holiday then there are real risks people will be stranded abroad or will lose out financially."
Post Office to continue providing POCA
The Post Office Card Account (POCA) will continue to be provided by the Post Office, the secretary of state for work and pensions has announced.James Purnell revealed that the tender process to find a replacement for POCA had been cancelled, with the Post Office being given a contract to run the accounts from 2010 to March 2015.After this period an extension may be provided.Mr Purnell said that th...Read More
Mortgages approvals fall in July, according to BBA
The British Bankers Association has revealed that the number of mortgage approvals fell in July from the previous month, as the availability of cheap lending for new homes was reduced. In total, there were 42,800 mortgage approvals in July, while June figures stood at 43,200. Despite this though, volumes were still up by 12 per cent in July, when compared to the same month last year. The B...Read More
Record immigration visas secured as unemployment grows
Despite a number of public protests from the UK government it has been revealed that in excess of 150,000 employment visas were allocated to the growing band of foreign workers in the UK during 2008. At a time when the government has been suggesting "British jobs for British workers" it would appear that more and more overseas workers are settling in the UK with the permission of the UK authoritie...Read More
Authorities report increase in Polish workers applying for benefits
While there are many benefits to being a central part of the EU, the open employment market is one which does not yet appear to have benefited the UK. Over the last few years we have seen a significant influx of Polish workers into the UK and while the authorities continue to claim they are filling employment positions which are not wanted by UK workers, there has been a significant increase in be...Read More
Can we believe the latest UK retail figures?
The Office for National Statistics (ONS) yesterday revealed December retail figures which showed an increase of 0. 3% against analysts expectations of a 1% increase. However, there is concern that these figures may well be flawed as we have seen various statistics rebased and adjusted after their initial release. So can we believe the latest UK retail figures? The problem at the moment is that...Read More