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Government unveil new measures to tackle uninsured drivers

Government unveil new measures to tackle uninsured drivers
Road Safety Minister Paul Clark today confirmed new measures that will make it an offence to keep an uninsured vehicle, rather than just to drive when uninsured. It is believed that the change will make it easier to catch uninsured drivers and keep them off the roads. Paul Clark said: “Each year uninsured and untraced drivers kill 160 people and injure 23,000, and uninsured driving costs ...
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What’s the value of your child’s school bag?

What’s the value of your child’s school bag?
Direct Line Home Insurance is warning parents to check whether they have personal possessions cover on their home insurance before packing their children off to school with a bag full of valuables. The report shows that the average child's school bag can contain nearly £400 worth of kit, supplies, and electronics – a much greater expense to replace than was the case for previous generations. According ...
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Students struggle to fly the nest

Students struggle to fly the nest
Almost half (47%) of young people starting university degrees this September believe themselves to be the most financially disadvantaged for generations, with 31% planning to keep living at home to keep costs down. The survey by Lloyds TSB Student Banking, which questioned more than 1000 17-25 year olds headed for university this autumn, found that one third (31%) thought that the costs of going ...
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Students create £268 million free-economy

Students create £268 million free-economy
Students are set to give the UK economy a massive boost this summer by providing up to 6.8 million hours of unpaid work experience, worth over £260 million. The figures, part of research carried out by Abbey Student Bank Accounts, also reveal that the current economic climate has encouraged many students (56%) to undertake unpaid work placements in order to boost their employability. It is thought that ...
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Ofwat makes move to freeze water bills

Ofwat makes move to freeze water bills
Ofwat, the official regulator of water and sewerage providers in England and Wales, yesterday published draft proposals that would see household water bills remain stable until 2015. Every five years Ofwat sets limits on the prices water and sewerage companies in England and Wales can charge their customers. The proposal released yesterday set out the ...
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The rising cost of insurance fraud

The rising cost of insurance fraud
Insurance fraud now costs Britain’s insurance industry £5.2 million every day, according to a report published today by the ABI, but insurers are detecting more of the fraud being committed. The report reveals that the cost of undetected fraudulent general insurance claims is now £1.9 billion a year, up by 24% from £1.6 billion two ...
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Requests for civil legal aid soar

Requests for civil legal aid soar
As the economic downturn puts increasing strain on our finances, growing numbers of consumers are finding themselves in need of legal help. According to a new report from Citizens Advice, more people than ever require access to affordable legal help in areas such as employment, housing and relationships. But the charity has voiced concerns ...
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Lenders launch new online savings deals

Lenders launch new online savings deals
There are some new instant access savings deals on the market today that could represent a great short-term deal. Coventry Building Society has announced the return of its 50 Plus eSave account from today. The account is only available customers aged over 50 but pays a rate of 3.25% AER which is fixed for 12 ...
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Consumers warned of ‘Debt Sale’ scams

Consumers warned of ‘Debt Sale’ scams
The Office of Fair Trading (OFT) has issued a warning about businesses claiming to help consumers become debt free by 'buying' or 'selling on' their debts. According to the OFT, there has been a significant increase in the number of adverts on the internet and in newspapers from debt and claims management companies that claims ...
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Get More Bang for your Buck this Christmas

Get More Bang for your Buck this Christmas
According to a poll conducted by The Guardian Online, almost 67% of its readers are planning on actively cutting back on their Christmas spending this year.  In the current economic climate, who can blame them? Most people I know are trying to minimise spending over the festive season in some way.  If you’re planning on doing the same, here are the top tips I’ve come ...
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