Driving down costs of car insurance August 27, 2013 Annabel Palmer on how customers could cut down their hefty London insurance premiums THE AA recently announced that comprehensive car insurance premiums saw their biggest fall since the motoring organisation’s records began in 1994. The average annual quote declined to £594.86 by the second quarter of this year, a 9.8 per cent drop from July [...]
There’s no point in a financial services Trip Advisor unless reputation matters August 22, 2013 ONCE again, a major mis-selling scandal has broken out, with 13 high street banks and credit card issuers facing a £1.3bn redress bill for mis-sold card protection policies. No amount of financial regulation seems to stop the flow. Until 1986, there were no mis-selling scandals. The sales of financial products were regulated by contract law [...]
What the other papers say this morning – 22 August 2013 August 21, 2013 FINANCIAL TIMES Interns keep working at BofA Bank of America Merrill Lynch gave interns the option to end placements early after a 21-year-old undergraduate died. But they have decided to keep working. The decision by Moritz Erhardt’s peers to stay on highlights the determination of many young people to win a passport into that world. [...]
What the other papers say this morning – 20 August 2013 August 19, 2013 FINANCIAL TIMES US top trade official presses Japan The top US trade official Michael Froman pressed Japan to open up its car and insurance markets as transpacific trade talks reach a critical stage, with negotiators trying to seal a deal by the end of the year. Race for Africa investment tax deals The surge in [...]
An era-spanning masterpiece August 15, 2013 THEATRE THE PRIDE Trafalgar Studios | By Xenobe Purvis Four Stars ALEXI Kaye Campbell’s award-winning The Pride gets a powerful revival as part of Jamie Lloyd’s Trafalgar Transformed season at Trafalgar Studios. The play’s protagonists Oliver, Philip and Sylvia exist in two time periods, the 1950s and now, and respond to the social pressures encountered [...]
Any Other Business – 14/08 August 13, 2013 ■ It’s barely 24 hours since BBC Newsnight presenter Jeremy Paxman shocked middle Britain with his Twitter-trending facial hair, but bookies are already taking bets on how long the interviewer’s designer stubble will last. Ladbrokes is offering 4/5 odds-on that Paxman’s beard sees out the week – while punters who think he’ll go for a [...]
More Than owner RSA warns of uncertainty over car insurance August 1, 2013 INSURER RSA yesterday warned that the UK car insurance market remains “very uncertain”, as firms wait to see whether new rules designed to reduce spurious claims are successful. “Some of the benefits have been pre-empted by price reductions,” RSA chief executive Simon Lee told City A.M. “Depending on how effective the reforms are, this will affect pricing in the coming [...]
What the other papers say this morning – 30 July 2013 July 29, 2013 FINANCIAL TIMES US funds return to European banks US money market funds have nearly doubled their allocations to European banks over the past 12 months, in a sign of improving investor sentiment towards the region. In the first half of the year, the 10 biggest US money market funds allocated about 15 per cent of [...]
LV= boss warns car costs to rise July 29, 2013 DRIVERS should expect to pay more for car insurance next year, the boss of LV= told City A.M yesterday. Mike Rogers, chief executive of the mutual, said he is worried recent price cuts prompted by a ban on referral fees may have “gone too far”, unless claim levels start to fall. He was speaking as the [...]
Fiat’s 500L gets a rugged makeover July 29, 2013 With its practical appearance and off-road promise, the 500L Trekking is a town car that likes to get dirty The Mini Countryman doesn’t look much like the Mini hatchback, but customers don’t seem to mind. Mini’s SUV crossover is selling very well in the UK, appealing to a family market that wants something practical, with [...]