Pet insurance 'crucial for vet fees'
Veterinary fees can cripple family finances unless people have adequate pet insurance, it has been claimed.Owners who do not insure their pets could face a "major problem" if treatment is needed, the British Small Animal Veterinary Association (BSAVA) has warned.The introduction of new treatments all the time means that vets' fees are now rising on an annual basis, meaning any treatment that is needed by an animal is likely to cost a significant sum of money.However, by taking out pet insurance, owners can rest assured that the cost of necessary treatment for their pet will be met and will not have to weigh up what they can afford against their animal's welfare.Mark Johnston, a spokesman for the BSAVA, explained: "Fees are going up well above inflation on an annual basis."He added: "The biggest acute costs or sudden onset costs would be some sort of major orthopaedic surgery, which can be from a road traffic accident."Mr Johnston commented that fees for X-rays and operations in such circumstances can leave owners having to pay thousands of pounds, meaning pet insurance is important to cover these hefty costs.
Shop around as car insurance set to rise
New research has revealed that car insurance premiums have risen by five per cent over the past year, leading advisors to recommend drivers shop around for the best deal.Sainsbury's Bank's Car Insurance has shown the average premium stood at £497 in December 2007 up from 2006's figure of £473.The index showed that drivers aged between 40 and 50 saw the highest increase in premium prices - an ave...Read More
Britons score £24 billion in bonuses
More than £24 billion in bonuses was handed out to UK workers in the last year, financial services firm Birmingham Midshires says.Twenty-nine per cent of 2,000 survey respondents received a financial "pat on the back" from their employers, the research claims, with the average bonus being £1,758.But whereas the number of those being rewarded with a bonus has doubled since 2005, the average windf...Read More
Commodities start to feel the pinch of the worldwide slowdown
News that Europe's second-largest steelmaker Corus is set to extend steel production cuts beyond the original date of December has caused some consternation in the commodities market. The company has confirmed plans to reduce production by around 30% during the next two quarters and then reassess the situation in the early part of 2009.
Companies such as Corus have been hit hard by...
UK government to slash £500 million advertising budget
The coalition government has today issued figures relating to the previous Labour government and a £532 million advertising bill for the year ended March 2010. While this figure is £8 million less than the previous year, advertising spend under the Labour government increased from £344 million in 2005 to a record £540 million in 2009. So is the coalition government right to slash this particul...Read More
UK fraud costs £600 per member of the population!
Figures revealed by the National Fraud Authority suggest that fraudulent activity in UK is costing each and every person in the country around £600. It is estimated that fraud accounts for £30 billion of losses each and every year with the vast majority coming from tax scams while around £10 billion is lost in the private sector. But how accurate are these figures? Despite the fact that the...Read More