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.
Barclays bank receives £2.45 million fine
Barclays bank has today received a £2.45 million fine from the Financial Services Authority (FSA) in relation to faulty reporting of transactions which may or may not have deprived the FSA of vital market statistics. This is by far and away the largest transaction reporting fine and the eight largest fine ever issued by the FSA. So what exactly did Barclays do wrong?
The issue aros...
The Importance of saving for your child’s future
11/08/2014 According to figures released earlier this year, it now costs over £225,000 to raise a child to the age of 21 years. That’s a staggering amount don’t you think? Here at financialadvice.co.uk towers, where some of us are parents to one or more children, we were blown away by this amount. The study, which was conducted by the Centre of Economic and Business Research (CEBR), adv...Read More
Government under attack after changes at UKFI
The UK government is tonight under attack after the chairman of the UK Financial Investments body, which is predominantly there to protect taxpayer interests in the banking sector, left. Glen Moreno had only been in the position for just over one month when he refused to take the role on a permanent basis. Many believe that his alleged connections with the Liechtenstein tax haven ultimately led t...Read More
Bank of England sticks at 5.25%
The Bank of England has kept interest rates at 5.25 per cent, despite slowing consumer spending.Several reports have suggested that the UK might be moving towards recession due to the ongoing credit crunch.Ordinarily, this would lead to interest rate cuts in order to provide an economic stimulus.However, concerns over increasing food and fuel costs appear to have prevented the Bank from making the...Read More
House price inflation may have started to ease
08/09/2014 The increase in house pricing in Britain may have started to ease, according to a survey done by Halifax, the nation’s largest mortgage lender. The survey reveals prices across the UK in the three months to the end of August rose by 9.7% - significantly down from 10.2% in July. Prices in the three months between June and August were 3% higher than in the previous quarter, down fr...Read More