Labour’s driving law changes set to have big impact on Britons – Fuel duty, car insurance and more

Britons are bracing for a number of major legislative changes in the coming years, following Labour’s landslide victory in this week’s general election. Keir Starmer dominated the vote, winning 412 seats in a stunning election campaign that saw the Conservatives lose 250 seats and Rishi Sunak ousted as prime minister. With Labour set to take … Read more

Zurich and Aon launch insurance plan to boost hydrogen development

Stay up to date with free updates Simply log in to the Renewable energy myFT Digest — straight to your inbox. Two of the insurance sector’s largest companies, insurer Zurich and broker Aon, have launched a new hydrogen production plan to boost development of a sector seen as key to the shift to clean energy. … Read more

Insurance bosses say London is lagging behind the market for in-house cover

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Senior executives in the insurance industry have said Britain is falling behind the growing in-house insurance market as more companies choose to set up their own entities to cover business risks. London’s specialist commercial insurance … Read more

JEFF PRESTRIDGE: Why are home insurance costs soaring?

In the broader economy, inflation can be tamed – at least for now – but not when it comes to essential insurance. A few days ago, market research firm Consumer Intelligence reported that home insurance costs were skyrocketing. Worryingly, there is little evidence to suggest that current price increases will slow down sooner or later. … Read more

Car insurance prices plummet under new car plans – ‘Labor is the only party that is really on the side of the drivers’

Labor has pledged to cut car insurance costs for millions of motorists, tackle the UK backlog and improve infrastructure development. In its latest manifesto, the Labor Party has cast itself as the party on the side of drivers, aiming to make major progress on several factors it claims the Conservatives failed to address during their … Read more