Category Archives: Consumer News

Consumer Insurance may be Hit by Discount Rate Reduction

Insurers are uncertain about the impact that a reduction in the personal injury discount rate is going to have, with some suggesting that consumers might suffer as a result. A…

The 2016 Budget in a Nutshell

George Osborne recently delivered the annual budget, revealing how the financial landscape is going to change for the people of the UK in the near future. Some of the key…

Rail Fares to Increase Next Year

The Department of Transport has said that next January will see a rise of 1% in regulated rail fares. This increase is pegged to July’s inflation level of 1%, measured…

FOREX Manipulation Leads to Record Fines

Record fines have been handed down to five of the world’s biggest names in banking, primarily for manipulation of the foreign exchange (FOREX) market. The fines total US$ £3.6 billion,…

Important

Savings of up to £1 Million to be Protected

The Bank of England will protect savings of up to a million pounds under the Financial Services Compensation Scheme. The increased rate of savings protection is expected to take effect…

PPI Claims Still Going Strong Through First Quarter of 2014

Recent figures show that PPI complaints remained reasonably steady through the first quarter of 2014. Though they have lost some steam since the very height of the scandal, they are…

David Cameron Hints at Inheritance Tax Pledge

David Cameron has claimed that he still aims to raise the threshold for inheritance tax so that only “the rich” will be liable for it. He has hinted that a…

Co-Op Has Worst Year Ever

The Co-operative Group has experienced its worst year since the company began. It is expected to record losses of over £2 billion. Exact figures are set to be announced on…

Important Considerations in PPI Mis-selling

You can make a PPI claim if you had been mis-sold Payment Protection Insurance on store card, overdraft, car loan or a catalogue. But there are certain policies that have…

Record Online Spending Expected This Christmas

Online retailers in the UK are braced for a record Christmas period. The highest levels of online spending ever are expected according to forecasts by CapGemini and IMRG. Last year’s…