More than 16,000 customer queries after Luton Airport car park fire October 14, 2023 Luton Airport has received more than 16,000 customer queries following a fire at one of its car parks earlier this week. Up to 1,500 vehicles were affected when the airport’s multistorey Terminal Car Park 2 became engulfed in flames on Tuesday. Drivers with vehicles still inside the structure said on Friday they had been offered [...]
Car insurance premiums hit record highs as claims costs surge October 13, 2023 Car insurance premiums have hit record highs as insurers battle rising claims and heightened costs related to insuring electric vehicles, according to new data.
Luton Airport fire: Tens of thousands of passengers disrupted as flights resume October 11, 2023 Luton Airport has reopened after a vehicle fire caused a car park to collapse, sparking disruption for tens of thousands of passengers.
AA profits tumble to £23m despite soaring cost of motor cover October 9, 2023 The AA saw profits halve this morning amid a drop in trading in its breakdown segment, but soaring motor insurance prices helped it weather the storm.
The City sees the Tories as a ‘bigger risk to business’, says Reynolds October 8, 2023 The Conservative Party is seen by many people in the City “as the bigger risk to the business community”, Labour’s Jonathan Reynolds told City A.M.
Trouble insuring electric vehicles threatens green shift, experts warn October 2, 2023 Insurers are facing huge challenges in handling electric vehicles (EVs), experts have warned.
Donald Trump defrauded banks and insurers as he built his empire, judge rules September 27, 2023 A judge has ruled that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House. Judge Arthur Engoron, ruling on Tuesday in a civil lawsuit brought by New York’s attorney general, found that the former president and his company deceived banks, insurers and others [...]
Six top car hire tips from a car rental expert at Sixt September 23, 2023 Hiring a car can be stressful, especially when there’s so much choice. But there are a few simple things you can do to make car hire simpler on your next trip. We spoke to Jamie Holt, Operations Director at Sixt, to find out their top tips for car hire in London, from the type of [...]
UK risks losing ‘competitive advantage’ in race to develop self-driving cars September 15, 2023 The UK risks losing its “competitive advantage” in the development of self-driving vehicles if the government fails to pass legislation urgently, MPs and industry groups have warned. A report from the Transport Committee argues that self-driving has been a “Great British success story” but that if appropriate legislation is not included in the upcoming King’s [...]
PRA hits back at claims it has been ‘captured’ by insurance sector September 13, 2023 The head of the banking and insurance regulator today rebuffed accusations that it had been "captured" by the insurance industry as it considers major reforms to the sector.