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June 4, 2012

Guide to whiplash claim culture

by Brian Turner
Russell Thomson is an injury claims lawyer working at The Injury Lawyers, who explains that while whiplash is a clear and serious issue, the whole subject of whiplash claims has become badly distorted through insurance companies selling customer details for referral fees.   Like Tony Blair and his “Education, Education, Education” speech at the start of Labours last bout of parliamentary power, the topic we’re looking at here is "Whiplash, ...




Whiplash compensation driven by insurance companies

by Brian Turner
Russell Thomson explains how insurance companies are driving whiplash compensation claims in a bid to chase referral fees. More from the whiplash claims website: Whiplash Claims.   Whiplash claims, whiplash compensation, whiplash injuries – or Whiplash Cash, Whiplash Epidemic, and “the weakest necks in Britain” as the press often title it; whiplash has not escaped the news over the last decade as compensation claims continue to rise together with our car ...




March 17, 2012

Car insurers follow Marmalade in planning ‘black box’ policies

by Brian Turner
Research has revealed that more than 50% of drivers plan to switch to a black box insurance policy in the coming half decade. The UK’s young driver market leader Intelligent Marmalade (www.intelligentmarmalade.co.uk) is a product from the award winning young person’s car insurance provider Young Marmalade. “We have seen significant improvements in driver behavior since the introduction of our ‘orange box’ technology,” says Young Marmalade MD Crispin Moger. Intelligent Marmalade allows young ...




March 8, 2012

Second salvo of QE knocks £90bn off pensions funds

by Brian Turner
Second salvo of QE knocks £90bn off pensions funds
Falling gilt yields have pushed final salary pension funds £90bn deeper into the red since the second wave of quantitative easing (QE) started last October, pension experts said today. The National Association of Pension Funds (NAPF) said the Bank of England’s printing of £125bn within the past six months had hit pension funds harder than expected - and will ...




March 6, 2012

Confidence in pensions plummets ahead of auto-enrolement

by Brian Turner
Confidence in pensions plummets ahead of auto-enrolement
Public confidence in pensions has fallen to an all-time low just months before the Government starts automatically putting every worker into one, new research showed today (Weds). A survey for the National Association of Pension Funds (NAPF) found 54% of all employees are not confident in pensions compared to other ways of saving. 37% said they are confident, resulting in a ...




October 28, 2011

CBI: Decline in retail sales slows in October

by Brian Turner
”CBI:
According to the latest Confederation of British Industry (CBI) distributive trades survey, the fall in retail sales slowed in October, but only a modest rise in volumes is expected next month. Consumers continue to be cautious about the economic outlook and rein in their spending on the back of rising unemployment, higher inflation and slow wage growth. The CBI’s survey established ...




Euro zone leaders agree to deal

by Brian Turner
”Euro
Following a tense summit in Brussels last night, it has been announced that euro zone leaders have reached a deal which they say will help resolve the growing debt crisis in the 17-member nation. The deal will see the euro zone’s main bailout fund expanded to €1 trillion, while banks will accept a loss of 50% on Greek debt in exchange ...




Policymaker says another recession is likely

by Brian Turner
”Policymaker
Bank of England policymaker Paul Fisher has today said Britain is likely to suffer another recession. His comments come just a few days after fellow Monetary Policy Committee (MPC) member, Martin Weale, warned that a contraction in the fourth quarter is possible. Returning to Mr Fisher, he was asked how likely a double dip recession was and he replied: “I think it is ...




US economic growth rises in Q3

by Brian Turner
”US
The world’s largest economy expanded at its fastest pace in a year in the three months to the end of September, official figures revealed today. According to the Commerce Department, the US economy grew at an annualised rate of 2.5% in the third quarter of this year. The figure was in line with forecasts but was a considerable improvement on the 1.3% growth ...




CBI: Confidence among manufacturers slump

by Brian Turner
”CBI:
According to the Confederation of British Industry (CBI), confidence among UK manufacturing firms has slumped as a result of the debt crisis in the euro zone, as well as a fall in expectations for future growth. The latest industrial trends survey by the employers' group established that 30% more businesses were pessimistic about the future than optimistic, while companies expected a fall in ...




September 22, 2011

FTSE 100 falls as markets price in Greek debt default

by Brian Turner
The FTSE 100 has fallen as much as 4.28% already in morning trading, as markets price in a Greek debt default. This comes after the failure of the US Federal reserve to implement any real strategy last night, while announcing serious financial headwinds that could potentially put the world's largest economy into recession. While financial stocks have been the main losers so far, all sectors have been affected as markets price in ...




May 31, 2011

Study: consumers cutting corners with prices

by Brian Turner
Study: consumers cutting corners with prices
When consumers shop around for the cheapest insurance, they are in danger of cutting corners and ending up with a policy that will not properly cover them. That's according to research from Incahoot.com, who say there is little point someone paying cheap for insurance that doesn't do what it needs to. The study for Incahoot by Opinion Matters found that three quarters of ...




May 4, 2011

Incahoot says members save nearly £500

by Brian Turner
Incahoot says members save nearly £500
Members of group-buying website Incahoot.com can save nearly £500, according to latest figures from the company. The total amount saved on contracts for broadband, mobile phone, and energy bills, averages around £476 in total. The breakdown of savings is as follows: £280 on mobile phone contracts £111 on energy bills £85 on broadband A 2010 Market Report from Ofcom revealed that the average consumer spend on mobile phones ...




April 12, 2011

Incahoot offers energy deals as Ofgem forces price changes

by Brian Turner
”Incahoot
Group buying website, Incahoot.com is currently offering a £30 cashback offer on First Utility energy bills, with a free smart meter, which it says will help members cut the risk of a sudden shock fuel bill thanks to 100% accurate monthly billing. The offer comes at a time when heavy winter fuel bills will already be hitting, and Ofgem ...




February 15, 2011

Property prices, not mortgages, are the problem

by Brian Turner
Property prices, not mortgages, are the problem
The property market has become unbalanced, caused by excessive lending, and low interest rates. Both of which have allowed for a surge in property prices over the past decade as people were able to buy in excess of their means. The current state of the market, where First Time Buyers are excluded, is a symptom of how it has become unbalanced. Left to ...




December 21, 2010

RAC provides winter driving tips

by Brian Turner
With Winter officially here, RAC have put together some answers and tips to the most common questions about maintaining your car and driving during the cold weather: Q. How can I keep my cars’ battery in good condition for the winter? It’s a good idea to purchase a good quality battery charger to keep it topped up – RAC have several suitable ...




December 6, 2010

Students reminded of income tax allowance for Christmas work

by Brian Turner
Students who work as Santa’s helpers, ice rink supervisors and shop gift wrappers are being reminded today that they may not have to pay tax on the income they receive over the festive season. With universities, colleges and schools set to break up for the Christmas holidays over the coming weeks, many students will be starting holiday jobs. HM Revenue & Customs (HMRC) is therefore reminding them that, as long ...




November 25, 2010

RAC sees motoring costs rise 6.3%

by Brian Turner
The average annual cost of owning and running a new car has jumped by 6.3% in the last 12 months, according to RAC’s annual Cost of Motoring (CoM) Index. The £346 increase, which is twice the rate of inflation, takes average costs up to £5,869 from £5,523 in 2009. This equates to £112.87 per week or 48.91p per mile. The Index addresses the costs of owning and running a ...




Consumer Focus Scotland responds to ‘shocking’ new fuel poverty figures

by Brian Turner
Consumer Focus Scotland is calling on both the Scottish and UK governments to take radical action now to deal with the huge increase in fuel poverty following official figures, released today, which show that over three-quarters of a million households in Scotland are unable to keep their homes warm. The consumer watchdog says the shocking figures demand concentrated action by government at all levels and the energy industry to tackle ...




November 19, 2010

Time to let the banks fail

by Brian Turner
Time to let the banks fail
If there's one thing the financial crisis has made crystal clear now, it's that it's time to let the banks fail. There's no longer any reason why the banking sector, which clearly dragged us into the biggest financial crisis for a century, should therefore be subsidised by the taxpayer in order to simply continue it's high risk bonus leading culture. Let's echo the ...