- 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
Less people driving without insurance, says BIBA
Tue 15 Jan 2008 4pm
The number of uninsured motorists on the UK's roads has fallen significantly in the last two years, the British Insurance Brokers' Association (BIBA) has claimed.According to the organisation, uninsured driving rates have decreased by more than ten per cent in that time, with a growing number of illegal vehicles being seized by police across the country.
Graeme Trudgill, technical and corporate affairs executive at BIBA, said that the increased presence of registration-reading speed cameras on Britain's roadsides has helped to catch a large number of people who flout the law by driving without insurance.
He added: "Police have now got access to the motor insurance database and the power to seize uninsured vehicles."
According to Mr Trudgill, approximately 150,000 uninsured vehicles were acquired by the authorities last year, compared with just 78,000 in 2006.
Figures from the Motor Insurers Bureau state that the presence of uninsured drivers in the UK adds £30 onto the average insurance premium.
