HM Government – in the form of Treasury minister Greg Clark – has declared its undying love for the UK’s insurance industry. The Times quoted Mr Clark as saying: “Insurance companies employ almost 300,000 people, they contribute over £10bn in taxes and [on the life side] administer to investments...
When I was a journalist (it seems many moons ago now but was in fact only 12 months ago) my colleagues and I were in agreement about one thing in particular – there was a hell of a lot of poor PR out there. And there still is.
The major gripes were (and probably still are) as follows:
...So the UK managed to avoid the dreaded triple dip recession. We are told that’s the good news. The bad news is that it might not really matter. Growth was a measly 0.3% in the quarter which isn’t anything to get excited about. It’s so shallow that it could easily be an anomaly and see us headed i...