Summertime garden theft blues cost £400
Opportunistic garden thieves stole an average of £400 of garden furniture from properties in the UK last year.With the sunny days of British summertime almost upon us, homeowners are being warned to protect their homes this year to prevent green-fingered thieved from spoiling their summer.According to Halifax, insurance claims for garden theft tripled between March and August last year, with items including tools, barbecues, bicycles and patio furniture high on the thieves' wish-list."Homeowners can forget to pay as much attention to security outside the house as they do inside," Halifax Home Insurance's senior manager of underwriting, Vicky Emmott said."With many people realising how much value they can add to their property by improving their gardens, there are now rich pickings for thieves, and now is the time to take steps to avoid becoming the next victim," she added.Stoke-on-Trent, Doncaster and Southampton were listed as the top three worst hit areas in the UK, with Wakefield, Nottingham and Newcastle not far behind.
George Osborne cautions on UK economic recovery
Over the last few weeks there has been doom and gloom surrounding the UK economy and prospects for short to medium term. However, today's news that the UK economy grew by 1.1% in the second quarter of 2010 would appear to offer the perfect opportunity for the Chancellor of the Exchequer George Osborne to try and talk the economy up even further. So why is George Osborne remaining fairly cautious?...Read More
UK government considers abolishing retirement age
The UK government is stuck between a rock and a hard place as it battles against the ever-changing population breakdown of the UK. For the first time ever there are now more pensioners than children in the UK due to a longer lifespan for the UK population and a lower than expected birth rate. When you also bear in mind that pension funds have suffered dramatic falls over the last couple of years t...Read More
Annual undetected fraudulent insurance claims said to top £1.9 billion
The Association of British Insurers (ABI) has today confirmed that in its opinion undetected fraudulent insurance claims are topping £1.9 billion year. As a consequence of the increase in fraudulent insurance claims the average policy in the UK is now £44 more expensive purely and simply to pay for these illegal activities. So how are detection rates faring in the UK insurance sector?
Does Mervyn King know something we don't?
Yesterday's rather downbeat statement by Mervyn King, the governor of the Bank of England, has opened a new argument with regards to the future of the UK economy. There are concerns that Mervyn King is aware of bad news on the way with regards to the economy as he has in the past been fairly upbeat about the UK and the prospects for the future. So is this a veiled warning for UK investment markets...Read More
Government urged to enforce the living wage
24/06/2014 The government has been urged by the Living Wage Commission to set a target of drastically cutting the number of workers earning less than the ‘living wage’. They said that the government should aim to cut the number of low paid workers by one million people, as early as 2020. The Archbishop of York, Dr John Sentamu, who is the chairman of the commission, also recommended t...Read More