Posts

Showing posts from July, 2023

Car insurance costs skyrocketing in UK as inflation hits 43%

Analysis by the House of Commons Library found the motor insurance annual inflation rate grew to 43.1% in May 2023. In the same month, the figure stood at 2.6% in Germany, 0.4% in France and 0.0% in Spain. In both Belgium (-0.4%) and Ireland (-3.6%) the annual motor insurance inflation rate reduced in the same month. The analysis found that UK car insurance inflation has grown since January 2022. On average, the cost of car insurance is now £776, increasing by £119 (18%) in the past 3 months alone and is now the third highest household bill after council tax and energy bills. It comes amid continuing concern over the cost of petrol and rising prices for second-hand cars. READ MORE: Doug Marr: Buying a new car drives me round the bend  The valuation of a used  Hyundai Santa Fe  climbed nine per cent in 2021 and another 20 per cent last year, with a Mini One rising by eight per cent and 20 per cent over the same period, according to used car platform  Motorway.co.uk . Th

The towns and cities facing mortgage meltdown: HALF the UK is now paying more than £1,000-a-month… putting thousands at risk of losing their homes

Mortgages have more than doubled in some parts of the UK since 2020, putting millions of homeowners at risk of being priced out of their own home.   New analysis has revealed how, in the space of just three years, half the country has gone from paying less than £1,000-a-month on their mortgage to more than £1,000-a-month – a change fuelled by rising house prices and soaring interest rates. Repayments have more than doubled for places in the south of England like Cornwall, where the average monthly mortgage bill has shot up from £565.38 in July 2020 to £1,142.36 in July this year.  Parts of Wales and Scotland have also seen sharp rises in the last three years, with prices in the Vale of Glamorgan increasing from £553.59 to £1121.39, while payments in East Lothian have increased from £582.69 to an eyewatering £1276.30 per month.  Elliot Taylor, director of Taylor Chartered Surveyors, told MailOnline  that current mortgage prices are the  worst he has seen in recent years.  To

These Taylor Swift Songs Would Make Brilliant Plotlines For Her Rumoured TV Series

Image
She’s already working on her feature film directorial debut, but could Taylor Swift be eyeing a foray into the world of TV too? A recent report from The Sun suggested that the 12-time Grammy winner is planning a move into the television industry, claiming that she has discussed a “possible new screenplay” with the writer Alice Birch, who has worked on high profile series like Succession, Amazon’s Dead Ringers and the BBC adaptation of Sally Rooney’s Normal People. The publication claimed that Taylor and Alice (who are both yet to confirm, or even comment upon, these reports) could look to the singer’s romantic life for inspiration, and described the rumoured project as a “meta-feminist” show. But should Taylor decide to take a different route, her back catalogue could provide her with plenty of potential ideas. As well as weaving incidents from her own personal life into her lyrics, she’s increasingly used her tracks to create characters and craft narratives: think

‘Drivers should change their habits to suit electric cars’

A leading expert has said drivers should change their habits to suit electric cars. CEO of 3ti , the UK’s leading installer of Solar car parks, Tim Evans, spoke to Express.co.uk about what is contributing to the UK’s slow rollout of charging points. Mr Evans said there was a lack of understanding about electric cars and drivers had to change too. The location of chargers at workplaces matters a lot as well, the CEO added. He added that the UK should be inspired by neighbours France who were committing to installing solar panels on all car parks by 2027. Mr Evans told the Express: “It is time we stop asking how many rapid and ultra-rapid EV charge points are required across the UK’s transport network and focus instead on how to best service the needs of EV drivers. “There isn’t a lack of power in the UK, but there’s a lack of understanding about EVs and when it comes to EV charging, we need a fundamental shift in the decades-old habits of drivers. “They need to switch fr