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Severe flooding this winter could cost UK insurers more than £1bn, according to analysis from PwC. Storm Eunice in February led to insurers losing £200-300m, mainly as a result of disruption to travel and damage to properties and vehicles due to falling trees. However, floods on the same scale as those seen in 2015 [...]
British hotels cashed in last month during a scorching heatwave, but the industry fears its profits will freeze up as the UK prepares for bleak economic times. Holiday destinations across the country had a record-breaking summer with a new survey showing more than 77 per cent occupancy in July compared to 73 in June. This [...]
SOARING inflation in the construction sector threatens to create a major “insurance gap” amongst UK policyholders, London headquartered insurer Chaucer has warned. Sharp increases in the costs of building materials could leave homes and businesses underinsured, as policies fail to cover the cost of repairing and rebuilding damaged properties, research carried out by the Lloyd’s of [...]
The UK rail and road network is bracing itself for the impact of severe weather as the heatwave comes to an end and thunderstorms are expected. With Britain having experienced its driest July since 1935, the Met Office issued a yellow weather warning on the weekend as heavy rain is expected across large parts of [...]
England has experienced its driest July since 1911 with under 25 per cent of average rainfall occurring. The Met Office made an announcement on Wednesday that there had only been 15.8mm of rain on average across the country over this month. This represents 24 per cent of the usual rainfall in England, while across [...]
There will be “no plans for restrictions on essential water use” in the immediate future despite hot weather drying up river beds and leaving parks parched. With the prospect of hosepipe bans and other measures to save H20, the National Drought Group (NDG) was convened by the Environment Agency today, in a meeting attended by [...]
The impact of fires that raged over the last two days has been laid bare, with services stretched, emergency responders injured and multiple houses and businesses lost. The London Fire Brigade received an almost nine-fold increase in the number of calls for incidents they had to respond to yesterday, was the “busiest day we’ve had [...]
History has been made with the 40 degree barrier mark being broken for the first time ever, recorded at London’s Heathrow airport. The news comes after the Met Office issued an extreme level four red weather warning for Monday and Tuesday, with it expected to exceed 40 degrees. Earlier in the day, Heathrow said there [...]
Brits are set to face temperatures of up to 41c today which is likely to be the hottest day on record. The country is struggling to cope with the extreme temperatures, with Luton Airport temporarily grounding all flights yesterday due to the heat, which melted a part of the tarmac. London’s transport network continues to [...]
Londoners have stayed at home to avoid the extreme heat and travel disruption, with a marked decline in the number of journeys made today. London Mayor Sadiq Khan warned the train network would be operating with speed restrictions, which may cause delays, and commuters should consider working at home. On Monday morning, a number of [...]
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