Nottingham residents most likely to be burgled
Householders in Nottingham are more likely to be burgled than anyone else in Britain, it has been revealed.A new survey shows that people in the East Midlands city are at an 88.7 per cent increased risk of having their homes broken in to.The claim is made by Endsleigh, which has analysed insurance claims in the UK over the last four years to deduce the riskiest and safest towns in Britain in terms of burglary.Surrey's Guildford is named as the safest place in the UK alongside Swindon and Dundee, while Leeds and Hull join Nottingham among the cities with the highest burglary rates."As our homes report shows, every householder in the country needs to be aware of the risks of burglary," Endsleigh spokesman Stuart Wartalski said.But the representative noted that Home Office statistics showed burglary rates had fallen 19 per cent in the last year."Clearly, some towns and cities have come out as having a higher risk than others, but what is encouraging is that overall burglary rates are falling - even in the riskiest towns and cities," Mr Wartalski added.Britain's burglary hotspots (increased risk)1 Nottingham (88.7 per cent)2 Leeds (63.2 per cent)3 Hull (55.6 per cent)4 London (44 per cent)5 Oxford (42.3 per cent)6 Bristol (35 per cent)7 Reading (31.9 per cent)8 Manchester (24.7 per cent)9 Sheffield (21.6 per cent)10 Cambridge (19.4 per cent)
Why so much negativity over the UK housing market?
Today's Nationwide company report confirmed that UK property prices increased by 10.5% in the year to the end of April 2010. Despite the fact that the comparison was against a fairly sluggish April 2009 there is no doubt that UK property prices have improved over the last 12 months. However, there is still an air of negativity around the UK housing market, but why? For some time now many expert...Read More
PruHealth criticised following 'change in terms'
The "free gym" health insurance offer from PruHealth is to change its terms and conditions, the Guardian reports.Previously, the cover allowed policyholders to build their "Vitality status" through repeated gym visits, which led to discounted and eventually free memberships.However, the firm is now changing to an entirely points-based system, through which customers can only build their vitality t...Read More
Surprise jump in property prices
Property expert Rightmove has today released an update on the UK property market which apparently shows that property prices were pushed up by 3% in October despite the fact that the economic backdrop is difficult to say the least and the mortgage market is starting to slow down. So how can we explain a 3% increase in asking prices for properties in the UK during October? The apparent 3% increa...Read More
Bank of England cautious on UK economy
The Bank of England has revised various forecasts regarding the UK economy amid concerns that the exit from recession will be slower and longer than expected. While the Bank of England last week suspended the quantitative easing program, the bank's governor Mervyn King has today suggested that the program may return and it is too soon to end the program completely. So where does this leave the UK...Read More
UK government forced to water down banking bonus tax
It has been revealed that the UK government took advice from Baroness Scotland, the attorney general, regarding plans to implement a specific tax on "guaranteed bonuses" within the banking sector. The advice confirmed that any specific move in this direction may infringe the "human rights" of bankers and would have stood little chance of holding up in court. As a consequence, the UK government dec...Read More