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

 

Public sector debt doubles to £7.2bn for June

Public Sector borrowing hit £7.2bn last month, blasting pasts economists’ forecasts to record the highest June total since 2015, public data revealed today.

No-deal Brexit would plunge Britain into a recession, says OBR

A no-deal Brexit would plunge Britain into a recession that would shrink the economy by 2%, push unemployment above 5% and send house prices tumbling by around 10%.

Chartered Insurance Institute urges insurers to act now against unfair pricing

The Chartered Insurance Institute wants no time wasted in addressing concerns surrounding pricing practices.

Insurers voice disappointment as UK changes personal injury discount rate

The insurance sector blasted the government today as it revealed plans to change the discount rate used to determine insurance payments for serious injuries in accidents from minus 0.75% to minus 0.25%.

CII and the University of the West of England launch post grad qualification

The University of the West of England (UWE Bristol) and the Chartered Insurance Institute (CII) have started a post graduate MSC Risk Management and Insurance course, which will be offered from next January.

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