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.
Conservative government would reduce the power of supermarkets
The Conservative Party has confirmed it would bring in a so-called "supermarkets tsar" to oversee the supermarket sector if it is successful at the next general election. The idea would be to force supermarkets to pay a fair price for produce from suppliers and indeed keep a very close eye on their power and influence not only in the retail market but also on local economies. For many years the...Read More
Welsh pension scheme 'exposed to Madoff'
A Welsh pension scheme has admitted exposure to the Bernie Madoff hedge fund scandal.The US fund manager has been arrested by prosecutors over an alleged £33 billion fraud.He is said by them to have run a "Ponzi scheme", paying investors off with other investors' money.Now, the Clwyd Pension scheme, which is paid in to by workers in north Wales, has said that they have lost around £1.9 million i...Read More
Mortgage repayments continue to increase
For the sixth quarter in a row homeowners in the UK have repaid more mortgage debt than they have borrowed which is an indication that perhaps many are now looking to manage their debt through this short term turbulent period. As we mentioned in one of our articles yesterday, net mortgage repayments in the UK reached £4.9 billion in the third quarter of 2009 and there are expectations that this t...Read More
Flood Insurance Is Now Secure For Many
Despite comments earlier in the year suggesting that the insurance industry would take away flood insurance from many UK homes in high risk areas, it seems that the powerful Association of British Insurers (ABI) has agreed a compromise deal with the government. In return for speeding up investment in the flood defence systems across the UK, the ABI has given the authorities a guarantee that affor...Read More
Barratt Developments concerned about rights issue take-up
Barratt Developments, the UK property company in the throes of a £720 million rights issue, has today expressed concern that the ongoing postal strike could impact upon the "success" of the fundraising. The final day for acceptance is 3 November and the company has issued an urgent statement suggesting that shareholders make alternative arrangements to return their documentation or post it as soo...Read More