UK faces ‘mammoth’ infrastructure investment challenge November 6, 2023 The UK faces a £615bn funding challenge to meet its energy, transport and housing infrastructure needs by 2030.
Summertime sadness: 2022 heatwave leaves insurers with £219bn subsidence bill March 21, 2023 Insurers are set to pay out £219m to Brits whose houses sunk into the ground due to the heatwave last year, new figures from the Association of British Insurers (ABI) show. The summer heatwave, which saw temperatures in the Lincolnshire town on Coningsby hit record highs of 40.3 degrees Celsius, led to a surge in [...]
‘Labour Party member’ arrested as police probe honeytrap plot June 26, 2024 A man understood to be a member of the Labour Party has been arrested as part of a police probe into a sexting scam that targeted political figures.
Spotify turns new page with audiobook deal to rival Amazon October 4, 2023 Spotify has inked deals with major publishers to bring audiobooks into its ever-expanding audio empire. Starting today, paying subscribers in the UK and Australia can listen to 15 hours of audiobooks on the Swedish streaming platform at no extra cost. Plans for a US launch are close by in the pipeline. Spotify users can pay [...]
Insuring electric vehicles is hugely expensive – and that might not change soon December 8, 2023 Insurers are facing a major dilemma over how to handle the huge cost of covering electric vehicles (EVs). Are they doing enough?
Car insurance premiums fall in ray of light for British motorists April 2, 2024 The cost of car insurance in the UK is slowly starting to fall for the first time, signalling an end to the unprecedented surge in premium prices in recent years.
Highest monthly car insurance rates ‘very hard’ to justify, industry boss admits April 17, 2024 A boss at the trade body for British insurers told MPs today that the highest rates paid by motorists for monthly cover are “very hard” to justify, as the industry faces criticism for hiking prices amid the cost of living crisis.
Reeds Rains owner expects ‘substantially lower’ profit due to tough mortgage market August 7, 2023 LSL Property Services, which owns estate agents Reeds Rains and Your Move, said it now expected the group's annual profit to be "substantially lower" due to subdued activity in the mortgage market.
Moneysupermarket: ‘High levels of switching’ as Brits search for a deal amid rising car insurance prices April 16, 2024 Moneysupermarket has reported revenue growth of eight per cent in its first quarter to £114.6m, up from £106.3m in the same period of 2023.
From Lloyds Bank to UK Finance, here’s who’s paying for the City of London Police May 10, 2024 A series of funding deals between private entities and City of London Police to help fight fraud highlights the ongoing funding pressures faced by the police force, experts have said.