'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."
Royal Bank of Scotland is set to announce major shakeup next week
The Royal Bank of Scotland is set to announce a major shakeup of the business next week with the expected auction of the company's Asian assets and 20,000 job cuts, which represents about 10% of the workforce. While the job cuts had been largely expected, the auction of the companies Asian assets is something of a surprise, although when you consider the substantial debt which has been taken on by...Read More
Are public-sector cuts hitting the private sector?
The UK government is attempting to push through massive public-sector budget cuts in the short to medium term and there are already signs that these cuts are impacting upon the private sector. One example is service provider Connaught which has seen its share price collapse from over £3 to just over £1 in three days after announcing that a number all local authority projects had been put on hold...Read More
Insurer issues car headlight warning
Four in five drivers do not know the Highway Code's guidelines on using headlights, esure said today.According to the insurer, around one million motorists have also suffered either a road accident or a near-miss due to not turning their lights on.Analysis from esure also shows that "more and more" local authorities are turning off some of their streetlights at night in order to save money - a tre...Read More
When did you last check your tax return?
The recent revelation about 1.4 million people in the UK have unknowingly underpaid their taxes over the last few years should hopefully prompt more and more people to check their tax returns in the future. While the reasoning for the underpayment of taxes would appear to be something of an administration issue, there is no doubt that millions of people in the UK have no idea of their tax code and...Read More
Is your personal data safe in the UK?
The recent revelation that ZÃ¼rich Insurance lost the details of over 50,000 UK customers during transit is starting to have an impact on UK consumers. Despite the fact that larger data losses have been reported over the last few years, it seems that this may well be the "straw which broke the camel's back" and see more and more UK consumers look at protection issues.