According to new research, by the end of the year over 160,000 SMEs and microbusinesses in the UK will be breaking UK law. The financial services review website Wise Money People found that these companies will fail to protect their staff by arranging suitable employers’ liability (EL) insurance. The impact of successive economic hardships could Continue Reading…
The UK Department for Transport has proposed new standards to Improve safety for taxi and private hire vehicle safety. With a TfL consultation to follow. The UK Department for Transport (DfT) has set out new standards to enhance the safety of taxi (black cab) and private hire vehicle (PHV) passengers. The Statutory Taxi and Private Continue Reading…
Rental prices in the UK have increased by an average of £120. With London, Manchester and Glasgow all having the biggest rises by far. As well as rising energy bills and food costs, rents have begun to increase rapidly in London. The average monthly rent is now higher than at any other point in history, Continue Reading…
Traffic is the bane of the professional driver’s life. Data shows that some drivers are spending nearly 40 minutes travelling a mere six miles. For those that spend the majority of their lives behind the wheel, that’s a hard stat to read. Plan Insurance can provide bespoke taxi insurance quotes for all UK drivers. Just Continue Reading…
Many firms within the UK’s Construction sector own the plant and machinery that they use on-site and any clauses and conditions in your Contractors All Risks or Plant Insurance policy must be complied with fully. Taking the time to read through any proposal of cover, before a policy is incepted, is essential. Theft of plant Continue Reading…
The United Kingdom boasts some of the oldest and most prestigious universities across the globe – attracting a huge amount of both British and international students. As a result of the robust student population, the student let market has been resilient even during the recent recession. Yet, letting to students is not without risk and Continue Reading…
Business owners and entrepreneurs across the UK have been hard hit over the last few years. The Chancellor framed the Spring 2023 budget as one focused on boosting the labour market and in turn the economy. Nothing new there then! Borrowing has actually been £25 billion lower than projected in November. To the surprise of Continue Reading…
Cazoo, the British online motor trade company created by Alex Chesterman, listed in America only two years ago with an initial valuation of $8 billion. Its share price has subsequently dropped by an eye watering 99%. It is now worth a relatively paltry $75 million. Investors pulled out during a massive slide in tech stock Continue Reading…
Michael Gove is on a mission to reduce insurance costs for leaseholders of multi-occupancy buildings. He says he “will consider all routes necessary to reduce premiums”. He is also forcing the hands of builders to fix unsafe properties. The Secretary of State for Levelling Up, Housing and Communities, had said that when it comes to Continue Reading…
Five years ago, Carillion, a massive construction company, collapsed amid a big scandal. When it went bust, the company was estimated to have around £7bn in debts and liabilities. It was known to have 30,000 suppliers. This led to a domino effect of financial disasters for those further down the food chain. Many blamed the Continue Reading…
