Child Poverty In UK Continues To Rise

On October 11, 2011, in Uncategorized, by Kesh Thukaram

There have been some very disturbing numbers and statistics released by the Institute of Fiscal Studies (IFS) and it has warned that the child poverty in the UK is set to rise.

Increasing inflation which is bound to rise more due to the quantitative easing will only make this worse. The question is what is considered as poverty?

 

Payment Protection Insurance Regulations Tightened

On October 5, 2011, in Uncategorized, by Kesh Thukaram

In the recent months, there has been unprecedented amount of claims that the banks have set aside and paid on mis-sold payment protection insurance claims. The decision to pay the claims which ran into billions of pounds was first flagged off by Lloyds Banking Group. Lloyds led the led the pack by saying that they would pay back customers who have been mis-sold on payment protection and other banks such as Barclays, HSBC etc followed suit.
The Competition Commission has in the recent months imposed several restrictions on the sale of payment protection insurance and in summary they are as follows:

1.… Read the rest