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.
Kraft Foods attacks Cadbury defence document
Cadbury has today released a defence document which it hopes will highlight the value of the company going forward and place more focus upon what the company sees as a derogatory bid from Kraft Foods. However, in some ways Cadbury directors have played into the hands of Kraft Foods as the defence document issued today includes only headline figures and no audited management forecast the 2010. So w...Read More
Alistair Darling rules out US banking style levy
As we covered yesterday, Barrack Obama has revealed plans to introduce a new levy on the US banking system purely and simply to replenish taxpayer coffers which have been emptied because of the banking rescue package in the states. While there was speculation that the UK government would look towards a similar scheme in the UK, Alistair Darling has today suggested this is not an option and not up...Read More
Homeowners spend £1.8bn on wet feet
Water leaks within the home are costing British homeowners a total of £1.8 billion a year, according to new figures.Data from Halifax Home Insurance suggested that around 3.3 million households across the country are affected by water leaks each year, including leaking showers, taps left running, burst water tanks and pipes, leaking dishwashers and flooding washing machines.Washing machines are t...Read More
RBS still looking to sell insurance unit
Contrary to some reports in the press it has this evening been revealed that Royal Bank of Scotland is still looking to sell its insurance arm which has been up for sale for some months. There had been rumours that the sale had been pulled due to the government led bailout of industry but this would appear to be well wide of the mark. The insurance division had been expected to bring in around £7...Read More
UK mortgage market could be hit by increased costs
The UK mortgage industry has warned UK homebuyers that regulatory changes which now force mortgage lenders to check customer financial strength in more depth will lead to increased fees for mortgage arrangements. This comes at a time when UK mortgage fees are starting to creep higher and higher, even ahead of the changes, and the marketplace is becoming more complicated to understand and appreciat...Read More