News Archive - Articles Published during April 2009
European Parliament Votes in Favour of Insurance Regulation23 Apr 2009 | by Mark HarrisNew rules have been introduced in the European Union aimed at removing risk in the insurance industry and providing extra protection for policyholders. Burglaries 'Could Rise by Half'23 Apr 2009 | by Mark HarrisThe UK's biggest insurer has warned that burglaries could increase by 50 percent by the end of the year, as a result of the recession and increased redundancies. Arrears Rise at Northern Rock23 Apr 2009 | by Michael RossThe nationalised bank will make a loss this year as its mortgage book suffers in the credit crunch, a new update has indicated. G20 Gets Thumbs-Down From 'Industry Players'24 Apr 2009 | by Michael RossPoll shows deep scepticism over the long-term effects of the $1 trillion agreement, struck earlier this month. F&C Tips Corporate Bonds24 Apr 2009 | by Peter WakefordRising defaults in businesses across the continent are pushing bond yields up - giving investors a tempting, if risky, opportunity. EU To Cut Mobile Broadband Charges24 Apr 2009 | by Jayne DavisonThe EU is to place caps on charges for using mobile broadband when abroad, in an effort to stop so-called 'bill shocks'. NS&I Updates Customers on Deflation24 Apr 2009 | by Peter WakefordBonds linked to RPI won't lose value despite falling prices, the savings firm has said. Ofcom Introduces New Rules on 0870 Numbers24 Apr 2009 | by Jayne DavisonTelecoms watchdog intends to reduce cost of 0870 numbers while also raising public awareness of the cost of calling them. HMRC Increases Drive on Tax Evasion24 Apr 2009 | by Michael RossBudget reveals new 'offshore disclosure opportunity' which will ask tax evaders to confess - or face the consequences. Credit Card Firm Falls Foul of OFT24 Apr 2009 | by Peter WakefordBusiness watchdog rules that Citi credit card terms and conditions could have misled consumers on foreign transaction protection. Economy 'Shrinks by 1.9%'24 Apr 2009 | by Michael RossThe results have come in far worse than expected and mark the largest three-month decline in economic output since 1979. Bigger Grants for Fuel-Poor Households 'Welcome'24 Apr 2009 | by Jayne DavisonMaximum payments will now be £4,000, the government has said. FSA 'Will Change Current Accounts'24 Apr 2009 | by Peter WakefordSwitching accounts and cash ISAs will be easier under the new regulatory regime, according to the watchdog. HIPs 'Need Reform, not Removal'24 Apr 2009 | by Peter WakefordThe Association of Home Information Pack Providers claims that the Hips system should be kept - albeit with amendments. Consumer Group Concerned over Savings Account Restrictions27 Apr 2009 | by Peter Wakeford'Onerous' obligations for savers are often contained in accounts which are described as 'flexible', Which? pointed out today. Cameron Slams 'Spendaholic' Government27 Apr 2009 | by Michael RossThe Conservative leader said that the UK was entering a new 'age of austerity', after the Budget revealed huge public deficits caused by the credit crunch. Private Medical Insurance Growing in Popularity27 Apr 2009 | by Mark HarrisNew figures from the Association of British Insurers show that there was a 2.7 percent increase in the number of people with private medical insurance last year. Difficult Dongles and Confusing Cookies27 Apr 2009 | by Jayne DavisonA new survey has revealed the technological terms that most confuse consumers. Compensation Changes 'Simplify System'27 Apr 2009 | by Peter WakefordChanges will be made to compensation thresholds by the financial regulator, following increased consumer concern about the stability of banks. First-time Buyers 'Still Losing Out'27 Apr 2009 | by Peter WakefordA property market consultant has warned that first-time buyers are still unable to get on the property ladder - and the market will not recover until they can join it.