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.
UK government set to turn on vets and lawyers
The UK tax authorities recently announced a tough review of doctors who are self-employed within the UK. However, the authorities have also announced a crackdown on vets and lawyers who should be paying UK tax and may have other sources of income which have yet to be declared. In exchange for reducing potential penalties by 90% the authorities have given those in these three professions the chance...Read More
What went so wrong at Northern Rock?
News that the Financial Services Authority (FSA) has widened its investigation into Northern Rock and reporting irregularities regarding mortgage arrears is a devastating blow for the company. This comes at a time when the UK government is looking to spin off the operation after splitting the company into a "good bank" and a "bad bank". It does not reflect well on the UK government that it has tak...Read More
Standard Chartered puts aside £750 million bonus pot
Banking giant Standard Chartered has today announced profits of £3.4 billion which is a 13% increase on the previous year. However, the company has also announced plans to put aside a £750 million bonus pot which again puts the UK banking sector in the spotlight. However, Standard Chartered is slightly different to the rest of the UK banking sector as its main focus is Asia where it is a very pr...Read More
OFT to look again at UK beer industry
The Office of Fair Trading (OFT) has today confirmed it will reopen an enquiry into the tenanted pub market after legal threats from Camra (the Campaign for Real Ale). The original enquiry was launched back in the summer of 2009 after which the OFT ruled there was no evidence that supply ties were having any impact upon the competitiveness and pricing in the UK pub market. However, Camra immediate...Read More
Bid to make Scottish bank notes legally binding in England
It has been something of a bugbear for many Scottish business people over the years, the fact that many English shops and businesses do not accept Scottish currency. There is no legal reason why any particular establishment in England should refuse to accept Scottish notes but this has been going on for many years. There was initially a suggestion that the notes were easier to forge and therefore...Read More