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Credit card charges put squeeze on tourists' wallets


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10 Jul 2013

British tourists using the credit cards overseas will face hefty charges totalling £327 million, new research shows.

A quarter of consumers are planning to flash the plastic during their time away, according to the study for uSwitch - but a similar number who are planning to use their debit cards could be hit with extra fees as well.

It seems that for many Brits financial sense stays at home when they jet off. Rather than checking which card is best in terms of interest rates or protection, one in four say that they will use whichever is handy at the time....

Help to Buy lifting house sales


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8 Jul 2013

One of Britain’s largest house-builders Persimmon, has revealed how the Help to Buy scheme has helped  lift property reservation rates by a third in the first half of the year.

Persimmon revealed that 1,124 private homes have been purchased since Help to Buy launched in March, marking a 30% increase on the last quarter of 2012. ...

Business underinsurance could cost £1.4bn


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5 Jul 2013

The UK’s small businesses could face losses of £1.4 billion a year because they have not taken out enough insurance, a new study shows.

According to the research from Lloyds TSB Insurance, 1.7 million micro-businesses have been victims of incidents such as theft, vandalism or other damage in the past year alone. More than three out of ten were not fully operational for more than a week after the event....

Britain’s bad driving habits revealed


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4 Jul 2013

Distracted drivers are all over Britain’s roads, it has emerged, after a new study found more than seven out of ten motorists admitted to multi-tasking at the wheel.

Just over two-thirds of drivers in the study by a leading price comparison site admitted to eating behind the wheel - by far the most common distraction, with smoking the second most popular at 34%....

Government pledges to help those in flood risk areas


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3 Jul 2013

The government has agreed a new deal to provide the ‘hundreds and thousands’ of people living in flood-risk areas with more affordable home insurance.

Following lengthy negotiations with the Association of British Insurers (ABI), parliament announced the new ‘Flood RE’ policy, which will replace the old ‘statement of principals’ which expires this July....