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.
Japanese central bank reduces base rates
In possibly a sign of things to come for the worldwide economy it has been revealed that the Japanese central bank has further reduced base rates in the country to between 0% and 0.1% against a previous target of 0.1%. In effect we are back to the days of 0% base rates in Japan which followed the disastrous slump in the economy in the 1980s/90s which saw one of the longest-running economic downtur...Read More
Abbey provides some relief to the UK banking sector
UK financial giant Abbey, now owned by Santander, has revealed a set of figures today which have given investors in the financial industry a much-needed boost. While the 25% increase in profits to £372 million was in itself a reason to celebrate, it was the significant reduction in bad debt provisions which caught the eye of many analysts.
The company announced a fall in bad debt p...
Irish authorities act to quell fears over banking sector
The Irish authorities have tonight announced a plan which they believe will allow the Irish banking sector to rebase and regroup for the future. This comes after a dramatic time for the Irish banking sector which has seen a number of banks bailed out by the government and a number of controversies hit the headlines. So what is the government offering? While many people believed that the Irish g...Read More
Bernard Madoff set for court appearance
Alleged fraudster Bernard Madoff is set to appear in a New York court later today to face $10 million bail terms in relation to his recent arrest. Even though he is rumoured to have in the region of $300 million in his account there is speculation that he will not be able to pay the $10 million bail fee and could be imprisoned until his case comes up.
Each day seems to bring a new a...
Toyota Motor registers first loss since 1941
Japanese car manufacturer Toyota Motor has this evening announced its first loss since 1941 amid the carnage of the car manufacturing industry. This is the latest setback for an industry which has literally falling to its knees over the last few months with thousands and thousands of cars waiting to be delivered to forecourts never mind being sold.
The news from Toyota Motor is expe...