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...
Amid rumours that the Government is getting increasingly exasperated with the performance of the ABI on replacing the Statement of Principles (SoP) underpinning UK flood cover, the odds on a new deal being in place by the time the agreement runs out in June 2013 have lengthened rapidly.
E...