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Family of UK Filmmaker Killed in Israel Set for £1.75 Million in CompensationThe Israeli government are to award £1.75 million in compensation to the family of a British filmmaker who was shot dead by Israeli troops in 2003. Car Depreciations Hit Consumers on Top of Petrol and Insurance Price HikesMotorists in Britain are losing as much as £510 every month in the depreciation value of their cars according to a study carried out by price comparison site uSwitch.com. This is a monthly increase of £13 over a six month period. Britons Facing Financial Crisis Trying to Juggle Multiple Credit CardsResearch from price comparison website MoneyExpert.com has revealed that more than 3 million people in the UK are trying to manage their finances using five or more credit cards. British Troops to Pay Extra for Life Insurance as Overseas Casualties IncreaseIt has emerged that British soldiers fighting overseas are being forced to pay as mush as £1,000 for life insurance cover as a result of the rising number of death’s and injuries being suffered by the armed forces during conflicts in places such as Iraq and Afghanistan. Banks Raise Interest Rates on Loans Despite Base Rate CutsIt appears that banks are pushing up the cost of personal loans to help boost their profit margins, despite a decision by the Bank of England to cut the base rate on three occasions. Britons Lead the Way in Europe for Credit Card UseFigures released by the Bank of England have revealed that Britons had wracked up an astonishing £54.93 billion worth of credit card debt by the end of 2007. It is no surprise then that people in Britain are twice as likely to have plastic credit then people in any other country in Western Europe. Borrowers Warned Over Ppi on Loans, as Banks Further Increase Lending RatesNew research from financial information company, Moneyfacts, has shown that borrowers are to face rising repayment terms on their personal loans which will leave many people with a financial headache. A Decade of Increasing Car Insurance and Road Tax Evasion Hits BritainIt is thought that more than two million UK motorists are escaping prosecution despite driving cars that are untaxed and uninsured; with this number only set to rise. Winter Warning to Car InsuranceThe months during winter have been identified as the worst time of the year for motor accidents in Britain as severe weather affects both road and car conditions across the country. It is also a busy time for Car Insurance companies who deal with thousands of claims from motorists during the wintry weather. Whiplash Sufferers Targeted for ‘third-party Capture’Insurance companies that are dealing directly with whiplash victims straight after an accident has happened, are set to be investigated after allegations were made that they are placing undue pressure on people to waive their right to compensation or to make settlement for claims for less than they should be.
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