credit crunch Archive

  • Unemployment Insurance – Beat The Public Spending Cuts!

    Unemployment Insurance – Beat The Public Spending Cuts!

    The past week of electioneering and the unemployment figures released midweek by the Office of National Statistics, paint a gloomy future for many currently employed in the Public Sector and jobs that rely on Government Funding. Whatever the outcome of the General Election on May...

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  • Insurance Leads The Way To Global Economic Recovery

    Insurance Leads The Way To Global Economic Recovery

    UK Insurance Regulation: Geneva report suggests Insurance leads the way in rebuilding the economy A report by the Geneva Association published this week has indicated that Insurers and Reinsurers are likely to play a mammoth part in rebuilding and restructuring the faltering global economy. The...

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  • Green Shoots in the UK Economy and Markets?

    Green Shoots in the UK Economy and Markets?

    There’s been a lot of positive talk in the UK housing market over the last few days or so……..Onward Christian Soldiers…..Relaxation of the credit stanglehold?Total net lending to individuals rose by £0.3 billion in October. The twelve-month growth rate fell to 0.7%, and the three-month...

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  • Insurance Companies buy more UK Government Debt

    Insurance Companies buy more UK Government Debt

    The Bank of England has just announced that the latest efforts at so called Quantitative Easing involves the injection of another £25 billion of made up money in the circular flow of money system, which means that since the recession Britain has generated £200 billion...

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  • UK Consumer Law Tested for Loan Protection

    UK Consumer Law Tested for Loan Protection

    Insurance Blogger loves a peoples champion and as this test case has shown UK consumers may now have far more rights and loan protection under UK Consumer Credit Law than was previously realised…. And the UK Courts will probably be filling up with cases as...

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  • UK Commercial Insurance Sector Set To Recover

    UK Commercial Insurance Sector Set To Recover

    With the UK in the deepest recession since records began in the 1950′s, it is hardly surprising that the Commercial Insurance Sector has seen it’s customer base shrinking faster than the Royal Mail says it is losing hand written letters, and one would have thought...

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  • Risk Management – Transport Sector heading in the right direction?

    Risk Management – Transport Sector heading in the right direction?

    Transport Sector heading in the right direction? By Insurance Blogger Kris Oldfield Call it a credit crunch, an economic downturn or just a plain old recession the current financial situation is impacting in some form or another upon just about every single one of us...

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  • Recession still to bottom out as UK Insurance Industry Suffers

    Recession still to bottom out as UK Insurance Industry Suffers

    The pundits in the housing markets often seem to be singing from a different songsheet when it comes to what’s really happening in the UK economy. One minute we hear that repossessions have dropped in comparison to the first quarter of 2009, and that house...

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  • A Quarter of Home Insurance Policies Cancelled As Recession Grips

    A Quarter of Home Insurance Policies Cancelled As Recession Grips

    One in four people have cancelled or not renewed their annual home insurance in order to save money during the recession, according to a recent survey carried out for the association of British insuraers (ABI) The research carried out by a national survey of over...

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  • Government Loans for First Time buyers

    Government Loans for First Time buyers

    Those self serving suits from around Threadneedle Street who we saw exposed in Channel 4′s excellent documentary on non-executive banking directors, have been racking their brains recently on how to get the first time buyer market moving. Laughing into their cafe crappe they must be...

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  • 12800 UK homes repossesed in the first quarter of 2009

    12800 UK homes repossesed in the first quarter of 2009

    Despite the UK government saying they eould help keep people in their homes there were over 12000 repossessions in the UK in first quarter of 2009. There were 12,800 repossessions through the courts by first-charge on the property mortgage lenders and banks, in the first...

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  • Doomsday UK – Swine fever pandemic ravages British Economy

    Doomsday UK – Swine fever pandemic ravages British Economy

    Within days of the closure of the last schools, the final tube train stopped signalling the immediate closure of the UK’s public transport network for the foreseeable future.Snakes of lorry convoys with armed police motorcycle outriders have been seen moving around the country’s motorways, ensuring...

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  • Does Sickness Insurance cover ‘swine flu’?

    Does Sickness Insurance cover ‘swine flu’?

    A lot of questions are being asked in the insurance world this week regarding the impact of the H1N1 virus to insurance claims.With the World Health organisation now classifying the virus at five out of six on the scale of pandemia, it only needs one...

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  • Tenants at risk as Landlords are repossessed

    Tenants at risk as Landlords are repossessed

    Questions have been asked in the House of Commons regarding tenants who have been paying their rent and fulfilling all their other obligations but who nonetheless find they are at risk of losing their home. What protection do they have? We sympathise with tenants who...

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  • RBS to shed 4,500 jobs over next two years

    RBS to shed 4,500 jobs over next two years

    RBS has begun consulting Unite and other employee representatives about a business plan for its back office operations that will regrettably involve job losses, 4,500 of which being UK based. The plan could affect up to 9,000 Group Manufacturing roles globally, including 4,500 in the...

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