Lloyds shares fall further

More bad news for the UK taxpayer emerged this morning as Lloyds Banking Group shares took a tumble of 20% on the back of it’s takeover of HBOS and the latest profit warning put out on Friday by the latter sending shockwaves through the market amid fears it may require further state capital or even worse need to be fully nationalised.

Unbelievably Lloyds appeared  surprised when it announced on Friday that HBOS would make a pretax loss  of  £10bn, in excess of  expectations due to a jump in losses on corporate loans at the tail end of last year. The news had the immediate effect of wiping a third off the value of shares in the bank on Friday and has continued to see further losses on the stockmarket this morning.

An Introduction to Building Insurance

Buildings insurance protects the structure of your home as well as permanent fixtures and fittings, such as fitted kitchens, baths, sinks and toilets. It usually extends to outbuildings, such as garages, greenhouses and garden sheds too. If you want other features covered, such as fences, gates, parking areas and swimming pools, you will need to check with the insurer. Read more

A Quick Look At Insurance Plans

Life may have a few surprising twists an turns that can lead you up a financial spout; however, there are a few ways of keeping you, your family and your possessions protected against such mishaps. Purchasing an insurance policy is a worthy investment. Here are three basic types to think about. Read more

Five ways to save on Your Car Insurance

There are certain days in the year which most people look forward to:birthdays, Christmas and anniversaries to name a few. But then there are also those days that you’d rather didn’t really exist. Needless to say, the day your car insurance quote needs renewing probably falls within the latter category. Read more

Home Insurance: What to Watch for

With the home insurance market becoming increasingly competitive, many companies will seek to draw your custom by advertising ‘the best’ deals. However, there are often hidden extras attached that could leave you under-insured and paying more. Here’s how to avoid being conned when you take out a home insurance policy. Read more

Four Ways to Cut Your Car Insurance

With the exception of a bank or savings accounts, car insurance is the financial product most commonly held by consumers in the UK.

This is hardly surprising really as motor insurance is compulsory if you drive a vehicle. The road traffic act requires all motorists to be insured against their liability for injury to others (including passengers) and for damage to other people’s property. It is an offence to drive your car or allow others to drive it without insurance. Read more

Three Things to Remember About Travel Insurance

Though travel insurance is an important factor when booking your holiday, the variety available from different insurance companies can sometimes be overwhelming; turning what should be a simple decision into an unnecessarily complicated one. Read more

How to Shop For Car Insurance

Car insurance is one of those things that you grudgingly have to pay for. You might not think that you’re going to have a crash over the next year, but the fact is you must have car insurance by law. In the past many people haven’t taken a huge amount of care in getting the best deal for themselves, but recently this has changed due to increased use of the Internet and the growth of financial price comparison websites. Read more

Ways to Cut Costs On Your First Car

Whether your 17 or 60, passing your driving test is always an exciting time. It can, however, also be a very expensive one.

Driving doesn’t come cheap these days, and not only will you need to be a set of wheels to begin with, you’ll also have to fork out for petrol just to run the thing, then there’s maintenance, tax and the dreaded first insurance quote. Read more

Ways to Avoid Invalidating your Car Insurance

Car insurance is an expensive necessity, so it’s crucial that you maintain your policy’s validity by sticking to the terms of your agreement. Despite this, some people invalidate their policy without even meaning to.

Most people invalidate their car insurance by not disclosing or deliberately withholding information, which is important to the insurer. Read more

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