Drivers warned about busiest Easter on record as 21.5 million journeys planned April 11, 2022 Drivers were told to brace for the busiest Easter on record, as an estimated 21.5 million trips will be made over the bank holiday. According to automotive insurance company RAC, this year will be the busiest since it started recording traffic data in 2014. “After two years of relatively quiet Easter bank holidays on the [...]
Sunak gives with one hand and takes with another to paint a positive veneer March 28, 2022 LAST week’s spring statement—the chancellor’s mini-budget, and a significant opportunity to lay out priorities and plans—was a big event for Rishi Sunak. While Covid cases persist and people are still dying, there is a broader feeling that the pandemic is now under control, and that the country can now think about moving into a post-virus [...]
City A.M. Awards 2022: Insurance Company of the Year March 24, 2022 The City is back, and so are the City A.M. Awards, recognising the best of the Square Mile, Canary Wharf and London’s business community – which has shown shown resilience, innovation and adaptability like never before over the past year. We’re delighted to host what will be a wonderful celebration of the capital’s rebound, but [...]
As it happened: Rishi Sunak’s Spring Budget 2022 March 23, 2022 Live updates and links to all our coverage, reactions and analyses as the Chancellor of the Exchequer, Rishi Sunak, delivers the government’s Spring Budget for 2022 . Please do get in touch and let us know your opinion via news@cityam.com or @Cityam With the cost of living crisis, rising inflation, war in Ukraine and [...]
Soaring oil prices create panic among most UK drivers March 7, 2022 Soaring oil prices continue to create panic among UK drivers, as growing numbers continue to be concerned about filling up their tanks. As a result of the ongoing Ukrainian conflict and consequences on oil prices as well as because of soaring inflation, UK petrol prices have risen last week to £1.55 per litre for diesel [...]
Fuel be sorry: Record petrol prices could hurt retail sector warn experts March 7, 2022 Experts suggest record prices at the pumps could hurt the retail sector and potentially stall the UK's ecommerce boom.
Insurance group Admiral delivers jump in profits as car customers drive growth March 3, 2022 FTSE-100 insurance group Admiral reported a boost in profits and hiked its dividend payout today as it felt the lift of more than half a million new customers in its core motor insurance division last year.
Why 2021 was such a favourable year for electric cars February 19, 2022 In the words of Erik Fairbairn, chief executive of LSE listed electric vehicle (EV) Pod Point, 2021 was the year electric cars became a mass market. Not only did his company post record profits in the first results since its IPO but, overall, the industry has boomed in the last 12 months. EV output emerged [...]
Baby you can’t drive my car: 6.7m motorists at risk of driving uninsured February 18, 2022 Around 6.7 million UK motorists are currently at risk of driving uninsured, according to a new research from automotive insurance Direct Line. Only 38 per cent of the 14 million people who have driven someone else’s car in the last year checked they were insured to do so, while 32 per cent said they were [...]
Tougher post-Brexit border controls will lead to long delays at UK-EU border, MPs warn February 9, 2022 The rollout of stringent checks on Brits entering the EU after Brexit will lead to severe delays at the border, warns a new report published today by a group of cross-party MPs. An expected recovery from the depths of the pandemic in the volume of Brits heading to the Continent could lead to cars and [...]