Tell your insurance company if you get married

Couples who decide to tie the knot and get married are being urged to make sure that they let their vehicle insurance companies know, as otherwise they could end up missing out on a substantial saving on their premiums. According to industry experts couples that get hitched could be in line for a significant saving [...]

Twelve year old boy gets insurance bill for £150

A boy aged just twelve years of age has recently been sent a bill for £150 by an insurance company after he was in a collision with a car. Direct Line, the insurance giant, sent the £150 bill to the boy after he was involved in an accident on his bike that also involved a [...]

Personal insolvencies expected to soar

A recent report has claimed that the number of personal insolvencies in the UK is expected to soar, with a new alternative to bankruptcy expected to result in figures rising. Debt Relief Orders have come into force this month, and it is thought that they will result in personal insolvency levels rising by around 20 [...]

Personal loan rates still increasing

According to a recent report rates on personal loans are still increasing, even though the base interest rate in the UK has plummeted to just 0.5 percent over recent months. The base rate is now at its lowest level in the history of the Bank of England, but personal loans rates have been continuing to [...]

Online banking fraud levels jump

According to a recent survey the level of online banking fraud in the UK has jumped as a result of a software application that allows fraudsters to track keystrokes made on a computer. The device that fraudsters are using is known as keylogging, and with this they can track the keystrokes made on a keyboard, [...]

Number of passengers using British airports plummets

According to a recent report the number of passengers using British airports has plummeted for the first time in around seventeen years, suggesting that millions of people may be opting to avoid air travel at the moment because of the financial problems that they are experiencing due to the credit crunch and the recession.
The weak [...]

No change for UK base rate

After a series of six base rate cuts between October of last year and March of this year, the Bank of England has decided to keep the base interest rate on hold following the latest Monetary Policy Committee meeting. March saw the base rate fall to an all time low of 0.5 percent, and following [...]

Number of firms going bust has soared

Recently released figures have shown that as the recession in the UK continues to take a hold, an increasing number of firms and businesses have been going bust. Figures from the Insolvency Service have shown that liquidations rocketed in the last quarter of last year, as the recession got worse and banks continued to restrict [...]

More people cancelling insurance policies

The recession and the global credit crunch have had a profound effect on the finances of many households, and families have had to make all sorts of cutbacks in order to cope with the changes in their financial situations. However, worryingly it seems that some have now resorted to cancelling important insurance policies in order [...]

Negative equity affects many homeowners

Earlier this month industry officials claimed that the end of the house price falls could be in sight, with some predicting that house prices could fall be less then 10 percent more before starting to rise again. However, house prices have already fallen significantly over the past year and a half, and this has left [...]

Next Page »