The Notebook: The City has to unite against the risks of generative AI February 19, 2024 The UK has opted to steer clear of AI-specific rules, leaving the onus on City businesses to determine how to use GenAI responsibly.
Talent crisis: Insurers are struggling to attract new staff. Could painting and TikToks be the answer? February 6, 2024 Insurance firms are in need of new blood. But the industry - innovative and exciting once you're in it - is struggling to cut through to the next generation.
Cost of London car insurance at highest ever: Here’s why and which part of the capital is the worst January 22, 2024 The cost of insuring a car in London has reached the highest level on record, with the capital the most expensive region in the country.
Lloyds and Close Brothers shares drop as FCA motor finance review looms January 17, 2024 Shares in Lloyds Bank and Close Brothers extended losses on Wednesday as investors digest a surprise increase in inflation and analysts estimate the two firms could be rocked by a City watchdog review into motor finance.
London drivers hit hardest as UK car insurance costs rocket to record high January 16, 2024 UK car insurance costs increased the highest amount on record last year, according to a closely watched index.
UK banks could face major losses over FCA motor finance review January 15, 2024 UK banks could be on the hook for billions in compensation, according to analysts, after the City watchdog announced a review into unfair costs on discretionary car finance commissions.
Regulator to investigate historic claims on car finance commissions January 11, 2024 "There is significant dispute between some firms and consumers on whether firms have breached legal and regulatory requirements," the FCA said.
The Notebook: Turo’s Xavier Collins on why the UK needs to regain its risk appetite January 10, 2024 Where the City’s movers and shakers get a few things off their chest. Today, Xavier Collins, vice president at Turo, takes The Notebook pen.
Storm Henk will spike insurance claims this time, but extreme weather events require longer-term thinking January 5, 2024 Storm Henk will undoubtedly cause a spike in insurance claims, but response to rising extreme weather events require a new approach going forward, experts have warned. The storm that battled the UK this week has caused flooding, damaged property and delays to travel as a result of rain and winds up to 80mph. This will [...]
FTSE 100: London climbs to three-month high after Christmas break December 28, 2023 London’s top index moved 0.36 per cent , or 27.44 points higher, to finish at 7,724.95.