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Insurance News
Financial Ombudsman receives record PPI claims
Six out of every 10 cases handled by the Financial Ombudsman Service in the past year were about the sale of payment protection insurance (PPI). |
Public sector workers earn more for less hours, says ONS report
Official data from the Office for National Statistics (ONS) shows that employee sick days have fallen by 36 per cent since their peak of 2003 and now average 4.5 days per employee. |
Pound at record rate v Euro
UK travellers heading to the Eurozone will get more for their money as Euros are being sold at 1.20 to the Pound for the first time in three and a half years. |
Aviva chief Andrew Moss quits amid pay storm
Andrew Moss has resigned as chief executive of Aviva with immediate effect after the insurer lost a shareholder vote over pay at its annual meeting last week. |
DIY spending falls to record low as Brits stop moving house
The fall in spending on DIY is linked to a fall in the number of property sales in the UK. |
Service sector grows for 16th consecutive month
Britain’s services sector activity grew at a slower rate than expected in April, dropping to the lowest level since November, according to new figures. |
Aviva shareholders vote against remuneration plan
At Aviva's annual meeting in London today, shareholders voted against the insurers remuneration plan after seeing a fall in share value and profits in the past year. |
Lloyds slams PPI claims process as RBS sets aside extra £125m
Lloyds banking Group says that the "harvesting" tactics adopted by claim management companies is unfair and wastes time and money on claims from people who were never customers. |
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