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.
FTSE 100 ends a winning streak
The FTSE 100 today fell just under 40 points ending a five-game winning streak which has seen the index push above the level last seen prior to the Lehman Bros collapse. Mining stocks and banking stocks were the main losers today pulling the market down despite a number of sectors remaining fairly buoyant. It will be interesting to see how the markets react to a reduced trading period tomorrow bec...Read More
Commons committee stokes up the pay-as-you-go motoring scheme again
Despite a move to introduce pay as you drive motoring being shot down in flames by UK motorists only 2 years ago it looks as though this particular policy may well be back on the agenda. Citing the fact that motorists no longer believe the government when it introduces tax rises for motorists in the name of "the green revolution" there is a push to put pay as you drive motoring back on the agenda....Read More
UK retail sales rise 1.6% over Christmas period
While the headline figure with a 1.6% rise in retail sales over the Christmas period would normally make good reading for analysts and investors everything is not as it seems. Despite the rising figures, there was a 0.8% fall in the value of sales suggesting that steep reductions and excessive promotions have taken the wind out of the sails of the UK retail market.
As we have writte...
Manufacturing Jobs At Risk As Sector Turns Down
In what many are seeing as another nail in the coffin of the UK economy it has been revealed that manufacturing growth came to a halt after a steady three year recovery in the sector. While not wholly unexpected, the surprisingly sharp deterioration in trade was a shock to many as was the news that a whole host of manufacturing jobs are now at serious risk. It seems that the manufacturing indus...Read More
BoE voted for cut by 8-1
The Bank of England's (BoE) monetary policy committee (MPC) approved last month's 0.25 per cent reduction of the base rate of interest by eight to one, minutes from the meeting reveal. Earlier this month, the MPC announced the cut - which brought the key base rate down to 5.25 per cent - in a bid to stimulate the UK economy amid signs of stagnating growth. The member of the MPC who voted against t...Read More