Exclusive: Record amount of tax contributed by insurance members of ABI September 23, 2024 The Association of British Insurers has revealed its members contributed a record £18.5bn in tax to the UK’s public finances over the last financial year
Car insurance prices may be coming back down to earth, data shows September 17, 2024 Results from the UK's major insurers have signalled car insurance costs are beginning to come down, after reaching record levels last year.
Pension giants risk snubbing smaller stock markets in Mansion House investment drive September 5, 2024 Top pension fund managers risk neglecting London's junior stock markets and have made only sluggish progress on a landmark pledge to inject some £75bn into growth companies by 2030, a London business body has said.
Which tennis Grand Slam makes the most money? August 31, 2024 As the US Open enters its decisive week, a look at how Grand Slams generate revenue – and which one makes the most money. Like many tennis Grand Slams, this year’s US Open will be box office in more ways than one. On the court, the last Grand Slam of the year has already thrown [...]
City sounds alarm over Starmer’s ‘painful’ Budget warning August 28, 2024 City figures have sounded the alarm over the Prime Minister’s warning of a “painful” Budget this autumn, urging him not to “punish risk takers” and warning against “taxing wealth creators”. Sir Keir Starmer delivered his first major address from the No10 Rose Garden on Tuesday as he cautioned that the state of the public finances [...]
Minister urges insurers to ‘swiftly resolve’ riot claims August 12, 2024 Insurers have been urged to “swiftly resolve” claims from businesses which suffered damage during the recent rioting.
Rain, storms and floods: UK insurers rocked by record £1.4bn property claim surge August 12, 2024 British insurers have been rocked by an eye-watering £1.4 billion in property claims for Q2 2024, smashing records as the biggest quarterly payout ever logged by the ABI
Pension money managers hail ‘progress’ on start-up plans despite sluggish investment July 30, 2024 Pension money managers that backed a plan to pump cash into start-ups last year have hailed “good progress” today despite still investing a fraction of their total assets into so-called growth companies.
Centrica vs HMRC: What does Supreme Court ruling on tax deduction mean for businesses? July 26, 2024 Just last week Centrica lost an appeal against HMRC over the treatment of professional services fees.
Aviva and Lloyds among City firms to back National Wealth Fund investment drive July 22, 2024 The Investment Delivery Forum, founded by seven of the UK’s biggest insurance and long-term saving firms, has pledged to pump billions of pounds into Reeves’ new wealth fund.