Keep up to date with the latest insurance and business news in our weekly round-up…

 

No-deal Brexit would cost Ford up to $1billion

Ford Motor Co said on Thursday that it faces a bill of up to £767 million if Britain leave the EU without a deal, comprising of the impact of the weaker pound and World Trade Organisation tariffs.

UK signs post-Brexit insurance deal with Switzerland

The chancellor of the exchequer and the president of the Swiss confederation and head of federal department of finance have signed a deal to allow the UK and Switzerland insurance sectors to continue trading after the UK has left the EU.

Venezuelan government could topple on its own, even without new US sanctions, economists say

Capital Economics economists have said that Venezuela have the makings of a situation so bad that it could bring about its own regime change.

London Pride maker Fuller’s sells beer business to Asahi for £250m

London Pride beer is to be brewed by Japan’s Asahi after Fuller, Smith & Turner sold its entire brewing operation after 174 years.

And finally…

Insurer accidentally sells former BBC presenter’s car to be scrapped in Poland

A former BBC presenter was left shocked to hear that his insurance company had sold his car to be scrapped in Poland.

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