- Lowest number of Mortgage Approvals since records began.
- In a breaking report from the Bank of England only 64,000 mortgages were approved last month.
- Tue 29th Apr 2008
- Are the Banks getting greedy?
- In a test case in the High Court today, 8 UK Banks may be deemed to have be charging their customers unfairly.
- Thu 24th Apr 2008
- Comparison websites under the hot spotlight.
- The centre for competition policy has produced a report saying independent checks need to be made of comparison websites.
- Sat 12th Apr 2008
Wedding insurance 'becoming commonplace'
Fri 7 Dec 2007 4pm
A growing number of British couples are choosing to purchase insurance for their wedding day, an expert has claimed.Dan Tremain of insurer Debenhams said that the growth of the internet has made wedding insurance more accessible, with taking out a policy for the big day "becoming more commonplace" in the UK as a result.
The product development manager also stated that couples are spending more money on their nuptials in general, with a growing number of extravagant "wannabe-celeb weddings" contributing to this trend.
Mr Tremain commented: "Certainly we are seeing people spending more.
"The knowledge about it [wedding insurance] is probably more common, whereas in the past I think it was probably more difficult to find."
He also said that the average wedding expenditure in the UK is "certainly in excess of £20,000".
Last month, Debenhams reported a 50 per cent increase in the number of insurance claims made because of cancellations.
