Firms outside London attract the majority of private capital May 9, 2024 The majority of private equity and venture capital investment in 2023 was made outside of London, according to new data from an industry body.
Banks drive finance complaints up by a fifth as ‘unaffordable’ credit cards slammed May 1, 2024 Issues with banking and credit cards drove official finance complaints up nearly a fifth in the second half of last year, new figures show, as customers were hit by fraud and "unaffordable and irresponsible lending".
City mounts final push to topple FCA’s ‘name and shame’ plans April 30, 2024 Top City groups have rounded on the Financial Conduct Authority (FCA) again today as a consultation on its controversial plans to ‘name and shame’ firms under investigation comes to a close.
Storm in a spinning teacup: Butlin’s sues Aviva over definition of flooding April 28, 2024 Butlin's is suing Aviva over the definition of a storm, after serious flooding forced it to shut its largest resort.
Highest monthly car insurance rates ‘very hard’ to justify, industry boss admits April 17, 2024 A boss at the trade body for British insurers told MPs today that the highest rates paid by motorists for monthly cover are “very hard” to justify, as the industry faces criticism for hiking prices amid the cost of living crisis.
Car insurance claims payouts hit a record £1.1m an hour in 2023 April 6, 2024 A staggering £9.9bn was paid out to motorists across 2023, according to the ABI, the highest annual figure since it began collecting data.
Car insurance premiums fall in ray of light for British motorists April 2, 2024 The cost of car insurance in the UK is slowly starting to fall for the first time, signalling an end to the unprecedented surge in premium prices in recent years.
Is your pension protected from cyber attacks? March 31, 2024 Large-scale infrastructure may offer predictable returns for investors, but it’s vulnerable to hackers. Gavin Lillywhite explains how asset managers and pension trustees can reduce their exposure We’re all aware of the ever-increasing cyber risk in both our personal lives, workplace and wider society. As consumers we hand over ever-increasing volumes of valuable personal data in [...]
FCA warns insurers to stop undervaluing cars when settling claims March 27, 2024 The Financial Conduct Authority (FCA) has issued a fresh warning that some insurance firms may be undervaluing written-off or stolen vehicles when settling claims.
Hunt doubles down on ‘long term ambition’ to abolish National Insurance March 13, 2024 Jeremy Hunt today doubled down on his "long term ambition" to abolish employee National Insurance, but economists were doubtful that the measure will ever be implemented.