- The big bank break up and the 4th anniversary of the Northern Rock collapse.
- It's also the Trumpo Blogs 4th Birthday, no coincidence-born out of despair.
- Mon 12th Sep 2011
- Up to one in six European banks fail financial health check.
- It's a scary story, but what does it mean? surely not another run on a few banks?
- Tue 28th Jun 2011
- Welcome back moneybrain.com
- The trumpo team are pleased to welcome back an old friend.
- Mon 13th Jun 2011
Brits 'struggling to afford insurance'
Wed 12 Dec 2007 3pm
The rising cost of living in the UK has meant that many people are neglecting their need for insurance, a new report has claimed.According to Sainsbury's Finance, ten per cent of the nation's homeowners do not currently have insurance for their property, while 11 per cent of people did not arrange any travel insurance for their last holiday.
With living costs rising by an average of 4.2 per cent between October and November this year, an increasing number of people are looking to cut financial corners by avoiding the expense of insurance, the company stated.
"Insurance is an absolute must, but our research suggests that millions of people are playing Russian roulette by opting to do without," said Steve Johnson, head of insurance at Sainsbury's Finance.
"Those people finding it difficult to afford insurance due to the rising cost in living need to ensure that they shop around for the best cover," he added.
Homeowners planning a major DIY job were recently urged to take out accidental damage cover by the British Insurance Brokers' Association.
