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FSA forced to delay payment protection insurance changes

FSA forced to delay payment protection insurance changes

Tuesday 9th March 2010

Under immense pressure from the financial services industry the Financial Services Authority (FSA) has today confirmed that the consultation period regarding the potential mis-selling of payment protection insurance will be extended by a ... Full Story>>

Matalan founder looking to refinance the company

Matalan founder looking to refinance the company

Sunday 7th March 2010

John Hargreaves, the founder of discount clothing store Matalan, is rumoured to be looking at a potential refinancing of the company which could see him pocket a £250 million special dividend. The company has been for sale for some time ... Full Story>>

Lloyds bank set to disinvest stake in esure

Lloyds bank set to disinvest stake in esure

Thursday 11th February 2010

Lloyds bank has today revealed plans to sell off its 70% stake in esure at a price which is believed to be in excess of the current book value of £185 million. It is believed that Peter Woods,...

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AXA rewards safe motorists

AXA rewards safe motorists

Thursday 4th February 2010

Financial giant AXA has revealed a new car insurance policy which will see those with eight or more years no claims bonus receiving a 90% discount on their premiums. This compares to the average...

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Why shopping around for your car insurance is vital!

Why shopping around for your car insurance is vital!

Saturday 30th January 2010

As we covered in one of our recent articles on motor insurance, the AA reported a 7.2% increase in average car insurance premiums in the final quarter of 2009. However, the annual increase in car...

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UK motor insurance premiums increase yet again

UK motor insurance premiums increase yet again

Thursday 28th January 2010

The AA insurance has today commented upon the state of the UK motor insurance market with a suggestion that the average comprehensive motor insurance policy is now costing in excess of £1000 a...

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Simple ways to cut your car insurance

Simple ways to cut your car insurance

Friday 11th December 2009

There is no doubt that all drivers in the UK dread their renewal date for car insurance as premiums continue to move higher and higher. However, there are a number of simple ways to reduce your car...

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UK government details loans under RBS insurance scheme

UK government details loans under RBS insurance scheme

Monday 7th December 2009

The UK government has today issued details of the Royal Bank of Scotland’s participation in the asset protection scheme and there is some concern about the make-up of the loans in question. More...

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Royal Bank of Scotland joins UK asset protection scheme

Royal Bank of Scotland joins UK asset protection scheme

Friday 27th November 2009

Despite attempting to wriggle off the hook, which is the UK government's asset protection scheme, the Royal Bank of Scotland has been forced to sign up and confirmed that this happened on 26...

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Devastating floods could cost insurance industry over £100 million

Devastating floods could cost insurance industry over £100 million

Sunday 22nd November 2009

The devastating floods in Cumbria and South Scotland could cost the UK insurance industry in excess of £100 million although this figure could rise significantly because the flooding has yet to...

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