Nearly 2.3m drivers don’t always wear a seatbelt while travelling, research from insurer Liverpool Victoria (LV=) has shown.
A further 38% of passengers surveyed by the insurer said they don’t always bother to belt up in the back, despite it being compulsory for the last 17 years. Top reasons for drivers not belting up were […]

The Federal Reserve cut the US interest rate to 3% yesterday.
The move comes just one week after the Fed made an unscheduled rate cut of 0.75%, the largest reduction in 26 years. This means that Americans have seen the cost of borrowing money slashed by more than a third since last week.
Catherine MacLeod, economist […]

The latest figures from The Bank of England reveal that unsecured borrowing is starting to slow down. 
The increase in net consumer credit in December, £0.6bn, was below that in November and below the previous six-month average.
Net credit card lending rose by £0.3bn, slightly below the increase in November.
Net other loans and advances also rose by […]

Net the best account
How would you feel about having a bank account that is solely confined to the realms of cyberspace? Kate O’Raghallaigh looks at the pros and cons.
Are you sick of sacrificing your lunch hour to queuing to pay in a cheque at your bank? Do you long for the days when having to […]

Stock market rallies that are a feature of bear markets could help rebalance investors’ portfolios, according to Colin McLean, managing director of SVM Asset Management.
Even though further stock market volatility may lie ahead, McClean has pointed towards sharp rallies as a positive side effect of bear markets, with shares in the biggest FTSE 100 companies […]

The average pension income of UK adults retiring in 2008 could be £5,000 less than a working adult’s income, Prudential has said.
Research from the insurer also revealed a split between men and women’s pensions in the UK. Men expecting to retire in 2008 can expect an average annual income of £20,790, while women can expect […]

According to a recent survey by Sainsbury’s Finance, there are 1.8 million pet insurance claims made for veterinary treatment for cats and dogs each year.
Unlike most personal insurance products such as home and motor insurance, which can be changed annually, the nature of pet insurance means that it is likely to be taken out for […]

Research from Abbey Loans reveals that as many as 1.35 million of the unsecured personal loans taken by the British public were made in secret, without family and partners knowledge.
The combined value of the secret loans is estimated at £7.7bn. Over half took out their secret loan in order to pay off existing debts. However […]