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 party rule out tax hikes
George Osborne, the shadow chancellor, has today ruled out additional tax rises as a way of reducing the UK budget deficit and national debt. He believes that the recently announced Labour Party initiatives regarding tax increases in the short to medium term, together with savings from the public sector, will be more than enough to reduced UK debt and bring the budget deficit under control. T...Read More
UK retail sales up
The British Retail Consortium today reported an increase of 2.8% in August sales compared to the same period last year. However, when you strip out new store openings the rise is a less flattering 1% and would seem to indicate that the UK economy is starting to cool. When you also take into account the fact that parents buying goods for their children going back to school will also have boosted th...Read More
Royal Bank of Scotland bows to shareholder pressure
In a humiliating U-turn, Royal Bank of Scotland chairman Philip Hampton will be forced to admit that the company's executive pay scheme needs to be reviewed. It is believed that the U-turn will be announced on 28 April at the company's annual general meeting although we may not see details of the revisions until after the company's trading statement which is expected on 7 May. However, the company...Read More
When will the remortgage market recover?
While this week we saw a slight increase in net mortgage funding in the UK the remortgage market is still very much dead on its feet. As more and more UK homeowners continue to worry about negative equity and indeed keeping up with their mortgage payments, the once common option of remortgaging and either reducing interest terms or extending the life of their mortgage has disappeared for many.
UK stock market hits a 5 year low on Far East fall out
While the start of the fall out in the UK market today came from the Far East there seems to be a growing opinion in the City that Gordon Brown's spend, spend and spend more policy is going to leave the UK in serious financial difficulties for many years to come. Despite all of the headlines just a short two weeks ago it seems as though the Brown plan to save the world is in serious jeopardy.