Car insurance companies are rejecting thousands of claims a year as parents and young drivers lie in order to get cheaper car insurance premiums through a fraud called "fronting".... read more

The nation's top three priorities are spending time with loved ones, family health and personal health, a new study from insurance group LV has indicated. Research indicates that despite the ongoing recession,... read more

A market leading offset tracker mortgage has been launched by first direct. The product, which tracks the bank of England base rate plus 2.48 per cent for the life of the loan, is currently priced at 2.98... read more

Credit card companies are set to be banned from sending out unsolicited cheques and raising customers' credit card limits without permission, according to a government white paper released today. The review... read more

Credit card companies are set to be banned from sending out unsolicited cheques and raising customers' credit card limits without permission, according to a government white paper released today. The review... read more

A new study has found that people are sticking with the same bank simply because they cannot find time to change. A fifth of customers say they do not have the time, a figure which has almost doubled since... read more

According to new research by the Bank of England BoE, credit is set to become more available. Lenders have said they expect to make credit more easily obtainable to businesses and households in the coming... read more

New research by uSwitch has found that credit card companies are increasing credit card limits to the tune of £8.8 billion to people who did not ask for them. The study also found that in the last... read more

As we enter the summer holiday period many of us will be setting off for a week or two of rest and relaxation. A growing number of brits will be driving over to the continent, however, when packing the sun tan lotion, and converting pounds to euros, very few will turn their thoughts to their car insurance and how this will cover then for driving outside of the UK.... read more

Richard Mason, Managing Director of Moneyextra.com, calls fom UK banks to resume lending and return to active duty... read more

According to the Centre for Economics and Business Research CEBR, consumer spending fell by 1.2 per cent, prompting one expert to say that a consumer-led recovery is unlikely. Charles Davis economist... read more

New figures show the UK personal debt at the end of May hit £1,459 billion, which demonstrates a slowdown in the last 12 months. Statistics collated by Credit Action show that total consumer credit... read more

Seven unsecured loan providers have hiked their rates by one per cent for new personal loan customers. According to uSwitch.com, the average loan rate has increased from 8.74 per cent to 9.07 per cent... read more

A new protocol to ensure council tax arrears are collected properly will be outlined at a conference today. Citizens Advice and the Local Government Association LGA will announce the plans at the LGA... read more

A new study has found that London is the "key hotspot" for fraud. The figures from the UK's fraud prevention service CIFAS were collated by looking at addresses used in frauds recorded by CIFAS... read more

A nationwide survey has reported an increase in house prices around the country. The new figures from Nationwide show that across the country, regions are reporting a moderate annual rise of price decline. In... read more

With parts of the UK due to hit 30 degrees this week and the schools breaking up for summer in the next few weeks, many brits will be turning their thoughts to travelling abroad for their annual summer holiday. However what is also important is ensuring a safe trip and getting the right travel insurance... read more

Barclays has introduced new guidelines that have lowered the minimum repayment rate on its credit card products. Credit card holders will now be able to make repayments of £5, with the minimum repayment... read more

The mortgage market is being dominated by fixed-rate products as homeowners capitalise on low interest rates, new research has found. Legal and General's Mortgage Purchase Index, which tracks trends at... read more

Lenders are pioneering a scheme that has seen some mortgage holders being offered as much as £25,000 to switch to another provider. Advantage, which is part of the Morgan Stanley group, Edeus and... read more

A new portal has been launched for mortgage holders by Nationwide Building Society in a bid to break down complex financial issues in the current economic market. The web-based Members' Zone has been billed... read more

Homeowners must make sure that they have fully researched properties in their surrounding areas before they sign a deal, according to an expert. Timothy Lambert, head of consulting at Ducalian, said that... read more

The average UK household is being overcharged £74 by energy providers who are failing to pass on cheaper energy costs. Homeowners are being stung for a total of £1.66 billion a year, which some... read more

A new survey shows that one in four Brits have been targeted for ID fraud, and one in five victims do not get all their money back. Some banks even refuse to reimburse customers at all, with Natwest saying... read more

Reports published this week show that the UK's pension system is flatlining. The development has led pensions expert Ros Altmann to criticise government reform plans. The Organisation for Economic Cooperation... read more

Mortgage lending has increased to levels similar to early 2008, new research has found. Data from the British Bankers Association BBA has shown that mortgage lending increased during May, with £4... read more

The amount of mortgage customers struggling with negative equity could double if the property market continues to fall. New research by ratings agency Fitch claims that between seven per cent and 11 per... read more

The consumer credit markets in shrinking so people could face less choice and reduced availability in future, a new report has found. The latest figures from the Finance and Leasing Association FLA show... read more

Women with broken work histories are set to benefit most from pension reforms to be introduced in April next year. According to the Office for National Statistics research, women who take breaks from work... read more

Consumers are being warned about companies who offer to 'buy' their debt and take on the liability for it. The Office of Fair Trading OFT announcement comes as it reports an increase in the number of... read more

Online retailers are set to pull Britain out of the recession as recent figures show them bucking the industry trend. The sector is expected to post the only growth in UK retail by 2012, according to research... read more

Tenants have seen rents fall but it is not expected to last according to a new Royal Institute of Chartered SurveyorsRICS report. In the latest study, the net balance of Chartered Surveyors showed falls... read more

The Financial Services Consumer Panel has said that the Financial Services Authority FSA need to stop trying to show consumer responsibilities. The panel, set up in 1998 to advise the FSA on consumer... read more

Housing charity Shelter has warned government and mortgage lenders that they should prepare for the second wave of arrears and repossessions in coming two years. Homeowners are still facing the threat... read more

The recession has changed the landscape of the workplace, but research has found that employees and business leaders have been working together for the greater good of the company. According to a new survey,... read more

AIG Car Insurance - Moneyextra.com Car Insurance Providers... read more

KwikFit Car Insurance - Moneyextra.com Car Insurance Providers... read more

Endsleigh Car Insurance - Moneyextra.com Car Insurance Providers... read more

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Swiftcover Car Insurance - Moneyextra.com Car Insurance Providers... read more

People are moving towards investing in emotional assets as they lose faith in stocks and shares, says one insurance provider. Allianz Musical Insurance AMI, says there is an increasing trend of investors... read more

As figures last week showed that the average two-year fixed-rate mortgage jumped 0.16 per cent from 4.74 per cent on Monday to 4.90 on Friday, experts are warning that it lenders are set to profit while... read more

Financial services brands are moving towards social media to engage with advisers and consumers. Facebook, Linkedln and Twitter are seen as an ideal way for a company to enhance their image and promote... read more

One in six homes are at risk of flooding and the money spent on flood defences needs to double to £1 billion by 2035, according to a new reports. The Environment Agency issued its latest funding recommendations... read more

Gross mortgage lending fell back slightly in May according to the latest monthly figures from the Council of Mortgage Lenders CML. It said lending totalled an estimated £10.3 billion in May, down... read more

Homeowners in the UK are 25 per cent better off than they were last year, due to record low interest rates, claims Ernst & Young. The group said the average homeowner with a mortgage now has £1,075... read more

Former Royal Bank of Scotland RBS chief executive Sir Fred Goodwin has agreed to give back more than a third of his pension following ongoing pressure from the public. His annual payout will now be £342,500,... read more

Employees in the UK make an additional £503 million every year by exaggerating expenses or being economical with the truth, according to new research. According to uSwtich.com, 16 per cent of workers... read more

Estate agents are registering four house-hunters for every property on the market due to high demand from buyers, according to the National Association of Estate Agents NAEA. It said demand is outstripping... read more

UK unemployment rose 2.26 million in April according to the latest Office for National Statistics ONS figures, but this was less than the figure expected by many analysts. The number of people out of... read more

The "fear of total meltdown" of the economy has eased, but we are "not out of the woods" yet, claims one global economist. Ian Shepherdson told the Chartered Institute of Housing Conference... read more

Despite several positive indications of 'green shoots', the property market is currently "frozen" with no "real demand-led recovery", according to one expert. Nationwide's chief economist... read more

Over a quarter of people in the UK have admitted that they currently save nothing at all and 60 per cent said they put aside "less than they should" for a rainy day, a new survey suggests. The... read more

Banks need to think more about long-term wealth creation and not just generating quick profits, Alistair Darling is expected to say today. The chancellor will insist that financial institutions cannot... read more

Customers who switch from prepay meters to online billing could make savings of almost £200 a year on their energy bills, according to Consumer Focus. Zoe McLeod, a principal policy advocate at the... read more

More needs to be done to provide financial education to help people plan for their retirement, according to one pensions analyst. Laith Khalaf, from Hargreaves Lansdown, said: "Financial education... read more

London has been named bike snatch capital of the UK in a new report by insurance firm More Than. A bike left unattended in the city centre survived for just 17 minutes in the capital before being wheeled... read more

The gap between the price a house sells for and its asking price is beginning to narrow, according to the Royal Institution of Chartered Surveyors Rics. It said almost 60 per cent of surveyors are now... read more

The proposed reform of the UK banking system needs "more work" and must take into account how banks interact with global markets, the British Bankers Association BBA has claimed. In response... read more

Supermarket giant Tesco has posted a 4.3 per cent rise in like-for-like retail sales in the UK for the first quarter of 2009. It said the store had made a "solid start" to the year, with group... read more

Young people are cooling off on the dream of owning their own home, according to new research by the Chartered Institute of Housing CIH. In a survey by YouGov commissioned by the CIH, only one-third... read more

People cashing in on their pensions could miss out on vital extra income for their retirement due to a lack of awareness, it has been claimed. New research from Just Retirement found that three-quarters... read more

UK pub chain Punch Taverns has said it is looking to raise £350 million through a shares issue and intends to make a tender offer to buy any or all of its outstanding convertible bonds. In the company's... read more

The UK economy will not return to growth until the beginning of next year, according to the latest projections from the Confederation of British Industry CBI. It said that although the economy is stabilising... read more

Sterling has risen to its highest rate against the euro for over six months following several positive reports about the economy. One pound was worth €1.1756 in late trading, which was its highest... read more

Mortgage lenders have continued to increase interest rates in spite of the sustained drop in the London Interbank Offered Rate Libor. Recent Bank of England figures revealed that the average rate on... read more

Having a smaller number of banks is an "inappropriate" financial system for the UK, one expert claims. Peter Hahn, a fellow at Cass Business School, made the comments after Lloyds Banking Group... read more

More than one in ten households may have slipped into negative equity during the first quarter of the year, the Bank of England has said. The Bank estimates that seven to 11 per cent of UK mortgages were... read more

Business secretary Lord Mandelson has called for the new European parliament and the next European Commission EC to be the continent's "economic conscience" after the global recession. He urged... read more

Enquiries to the Citizens Advice Bureau CAB from people concerned about redundancy increased by 114 per cent over the past year from 2007/08 numbers, new figures reveal. The CAB said overall enquiries... read more

The UK may have started to lift out of recession two months ago, a leading think tank has claimed. GDP grew by 0.1 per cent in May following a similar increase in April, according to the latest estimates... read more

Industrial output in the UK rose for the first time in more than a year in April, according to new figures from the Office of National Statistics ONS. The ONS said industrial output increased by 0.3... read more

Winter fuel payments should not be paid to higher-rate taxpayers to help the poor, MPs have said. A report from the Environment, Food and Rural Affairs Committee said that the payments should also be made... read more

Britannia has announced the reintroduction of a 90 per cent loan-to-value LTV mortgage with a range of fixed-rate deals. It revealed a range of two, three, five and ten year fixed-rate mortgages with... read more

Young professional workers living in rented accommodation in and around cities are the most at risk of having their identities stolen, new figures suggest. Research from CreditExpert found that young singles... read more

Alistair Darling's predictions that the recession will be over by the end of 2009 could become reality, according to one expert who believes the UK is lifting out of the crisis. Michael Baxter, an economist... read more

Further signs have emerged that the pace of the global downturn may be easing, according to the Organisation for Economic Co-operation and Development OECD. It said the composite leading indicators CLI... read more

Lloyds Banking Group is to close all 160 branches of Cheltenham & Gloucester C&G in the UK, putting 1,500 jobs at risk, according to reports. The banking giant has already cut almost 3,000 jobs... read more

UK retail sales fell in May as many stores failed to match the strong performance seen in the same month last year, according to new figures from the British Retail Consortium BRC. Its BRC-KPMG Retail... read more

The number of surveyors reporting a rise in new buyer enquiries rose for the seventh consecutive month in May, according to the latest figures from the Royal Institution of Chartered Surveyors Rics. Almost... read more

Sterling fell against the dollar in early trading today as the European election results showed collapsing support for Labour, according to reports The pound weakened by more than a cent to 1.5830 and... read more

Airlines could collectively lose 9 billion £5.7 billion worldwide in 2009, according to a leading industry body. The International Air Transport Association Iata said it expected revenues to... read more

Shareholders in the part-nationalised Lloyds Banking Group have shown support for its £4 billion rights issue, it has been reported. The news indicates that taxpayers - who currently own around 43... read more

Van maker LDV is expected to be placed into administration later today after talks to sell the firm as a going concern broke down over the weekend. LDV employs around 850 workers at its Birmingham plant,... read more

Separate deposit protection for savers with money in two merged building societies is to be extended. The move by the Financial Services Authority FSA aims to reassure savers who may find they have more... read more

Barclaycard has announced plans to launch a new credit card to be used for small purchases. In a move which could see the end of carrying around pockets full of change, the new contactless card can be... read more

The Bank of England BoE announced that it plans to hold its base interest rate at a historic low of 0.5 per cent this month, following its Monetary Policy Committee meeting yesterday. This marks the... read more

More efforts are needed to help first-time buyers get on the property ladder, it has been claimed. According to the Association of Mortgage Intermediaries, the government needs to step up its efforts as... read more

House prices rose 2.6 per cent in May, according to new figures from the Halifax. The news comes after three successive months of property price drops, however, the bank also noted that activity within... read more

Increased consumer confidence should not be taken as an indicator of sustained economic recovery, it has been claimed. Nationwide's monthly Confidence Index highlighted that consumer confidence grew by... read more

The impact of the recession means that fewer individuals will be paying the top tax rate this year, it has been claimed. Figures from HM Revenue and Customs show that the number of higher rate taxpayers... read more

A survey of mortgage brokers has revealed that an upturn in business is anticipated over the coming two months, the first time positive growth has been forecast in a year and a half. Data from the Intermediary... read more

Mortgage approvals in the UK are on the up, according to new figures from the Bank of England. The data shows that 43,201 home loans were secured in April, up from 40,038 the previous month and exceeding... read more

UK consumer confidence continued to rise slightly in May, according to new data from Nationwide. The bank's monthly index rose by two points last month, following a sharper increase of eight points to... read more

Demand for variable mortgage products is waning as customers hope to take advantage of a low interest rate and fix their monthly payments. According to Abbey Mortgages' Remortgage Index, just 15 per cent... read more

Brits are failing to make the most of savings opportunities offered by lower household bills and outgoings in the summer months, it has been claimed. According to National Savings and Investments NS&I,... read more

Following last month's decision to keep the base interest rate static at 0.5 per cent, economists are predicting that this week's Monetary Policy Committee meeting will also see rates held. Three economists... read more

People continue to think of ethical investments as important 25 years after the launch of the Stewardship Growth Fund, it has been claimed. According to a study by Friends Provident, nearly three-quarters... read more

Over four out of five Brits claim they have no money to save, according to new research by Scottish Widows. The firm's survey highlights that 85 per cent of respondents think having no spare cash is preventing... read more

Confidence in the UK property market is increasing, according to new research by website propertyfinder.com. A survey conducted by the firm in May reveals that almost two-thirds of Brits believe that house... read more