Pension Insurance Corporation will launch a £250m corporate bond to fund a raft of new business November 17, 2016 A wave of Britain's largest firms are planning to offload huge pension liabilities to a key market player. The Pension Insurance Corporation (PIC), a company that specialises in taking pension headaches away from businesses, will today launch a £250m investment bond to fund a bottleneck of deals in late 2016 and early 2017. Sources close to the [...]
Personal injury lawyers disappointed at ministry of justice plans November 17, 2016 Personal injury lawyers reacted angrily to government proposals to clamp down on spurious whiplash claims. The ministry of justice will reveal proposals today, in an attempt to reduce the spiralling number of whiplash claims the insurance industry say are putting huge inflationary pressure on motor premiums. Read more: Churchill owner says "ooh yesh" after bumper motor [...]
The ministry of justice to stamp out “bogus” whiplash claims, while insurers promise to pass on savings November 17, 2016 Insurers and motorist groups celebrated government plans to get tough on bogus whiplash claims. Motor insurers have clamoured about the inflationary impact of whiplash claims over recent years. They have said that despite a generally soft insurance market, motor premiums have soared because of spiralling personal injury claims. Read more: Here's one more way the cost of motoring is [...]
We’re all Scrooge-ing it: Why you shouldn’t expect generous Christmas presents from your London-based friends this year November 16, 2016 If you were looking forward to receiving a bountiful array of presents from your London-based friends this Christmas, it may be time to start tempering your expectations. Britain is a nation of generous gift givers, according to research from Very.co.uk, with 74 per cent of adults preferring to give a gift rather than receive one. [...]
Article 50 case outcome could delay Brexit, Supreme Court judge cautions November 15, 2016 Brexit could be delayed if government loses its appeal on the Article 50 case, the deputy president of the Supreme Court has cautioned. In a speech in Kuala Lumpur, which was delivered last week but the text not published until today, Lady Brenda Hale mused that, if the appeal did not swing in government's favour, it [...]
Supermoon London November 2016: Can’t get out to see the supermoon action? We’ll bring it to you instead November 14, 2016 If you're in the position to look up to the skies in London, you might notice something a bit unusual about the moon tonight. Tonight's moon will be a supermoon, as its orbit is the closest to the earth it has been since 1948. In fact, it's forecast to look some 14 per cent bigger [...]
Government to prioritise market access as it moves to dispel cloud of uncertainty hanging over airlines post-Brexit vote November 14, 2016 The government has moved to reassure the airline industry over market access after the Brexit vote, saying it remained a priority. It wants to make sure the UK has "liberal access to European aviation markets". Brexit secretary David Davis, transport secretary Chris Grayling and Tim Alderslade, the chief executive of Airlines UK, released a joint [...]
Eight very cool ways Amazon Echo can make your life easier November 14, 2016 It's a speaker, it's a personal assistant, it's activated by just your voice and it's promising to make your life easier – meet the Amazon Echo. Many people are already raving about the device across the pond where it's been available for some time while many others not in the US have been hacking the device to get [...]
How to see tonight’s supermoon if you live in London November 14, 2016 Don’t worry if you didn’t catch last month’s Draconids or Orionids meteor showers, because tonight the largest moon since 1948 will be visible over London. Yes – the supermoon is back, and it's absolutely massive. When can I see the Supermoon? Since the clocks went back and the nights have started earlier, stargazing hours have [...]
Fraud squad eyes end of Tesco investigation November 13, 2016 The fraud squad is expected to announce within weeks what its next steps for Tesco will be, as it wraps up its investigation into the black hole in the retailer's accounts. The Serious Fraud Office (SFO) launched its probe into the supermarket giant's accounting practices in October 2014, and brought charges against three individuals, Carl Rogberg, [...]