Drivers lie over claims to insurance companies
Millions of British motorists would lie to insurance providers to avoid jeopardising their claim, a new survey suggests.The study by Moneysupermarket found that 2.5 million drivers in the UK would bend the truth to ensure they received a payout.When asked what they would do if they had failed to lock their car properly leading to it being stolen, 26 per cent of motorists said they would resist telling the truth until their conscience caught up with them.Only 18 per cent of motorists said they would give the full facts without being pressed, while 41 per cent would own up to their carelessness if asked. "It's extremely worrying that one in three drivers would actively attempt a cover-up if their carelessness led to a claim," Richard Mason, managing director of insurance at moneysupermarket, said."People may not see the omission of certain facts as fraud, but if these facts helped lead to the claim then thatÃ¢â‚¬â„¢s exactly what it is. "We would urge all drivers to tell the full truth; insurance fraud is a criminal offence and the overall consequences could be far more costly than the sums they are trying to salvage by being economical with the truth."Insurers are often seen as the bad guys, but there are two sides to any relationship and drivers need to own up to their mistakes," he added.It seems that the Welsh are most honest when it comes to revealing the truth, with a quarter saying they would have no problems admitting the true sequence of events.
William Hague dragged into Lord Ashcroft row
Former Tory leader William Hague has tonight been dragged into the Lord Ashcroft row amid suggestions that he has been aware of the deputy chairman's non-domicile situation for "a few months". There is also concern that at the time of Lord Ashcroft's peerage he gave assurances to William Hague which was interpreted as a willingness to become domiciled in the UK, hence liable to UK tax on worldwide...Read More
Are EU directives impacting upon UK unemployment levels?
As the protest by a number of UK workers against foreign labour being shipped into the UK for major engineering and construction projects hits the headlines today there are suggestions that the various EU directives on employment are impacting negatively on the UK rate of unemployment. In essence the EU regulations allow the free flow of workers from EU member countries to other EU countries. They...Read More
Is Gordon Brown About To Suspend Stamp Duty On Home Buys?
Those waking up this morning will find that there is an 'exclusive' in the Sun newspaper which claims that Gordon Brown is on the verge of taking his biggest gamble ever. If the rumours are correct he is set to suspend the payment of stamp duty on house purchases across the board. Is it too little too late or enough to save the day?
While it is just speculation at the moment he re...
Energy supplier faces fine from regulator
Gas and electricity supplier Npower is to be fined £1.8 million for failing to take adequate action over the mis-selling of contracts to consumers. The fine has been imposed by the regulator Ofgem, after customer complaints about Npower's doorstep salespeople were not dealt with proactively enough.Original allegations of improper sales practices at the UK energy supplier came from a Sunday Times...Read More
Electric car manufacturers look to UK
The UK automotive industry received a boost last week with news that Nissan and McLaren are set to build new plants to accommodate electric car manufacturing in the future. This £2.65 billion boost comes just days after the £1.5 billion investment announced by Ford, which was backed by the UK government in the form of a loan guarantee. Financial details of the Nissan project have been release...Read More