On 15th March 2023, Chancellor of the Exchequer Jeremy Hunt delivered his Spring Statement to Parliament. The measures announced in the statement aim to help with immediate cost-of-living pressures while facilitating a sustainable plan for long-term economic growth. According to Hunt, growth can be delivered by “removing obstacles that stop businesses investing, tackling labour shortages […]
Main Takeaways From Spring Statement 2023 Read More »
Cathedral Associates London Limited has been acquired by the Read Shepley insurance services group. Linda Read Shepley, group managing director, stated, “We are delighted that the Cathedral Associates team, led by Laurence Hinge, will be joining us; adding their considerable commercial insurance expertise to our existing team, particularly in relation to their specialist focus of
RS Risk Solutions acquires Cathedral Associates London Limited Read More »
During a Monetary Policy Committee (MPC) meeting on Thursday, 2nd February, the Bank of England (BoE) raised interest rates for a 10th consecutive time in an effort to reduce inflation. The MPC voted by a majority of 7-2 to increase the Bank Rate by 0.5 percentage points to 4%, the highest level seen in 14
Interest Rates Rise Again, Yet Economists Remain Hopeful Read More »
Recruitment is an essential component of any organisation, but it has become increasingly challenging in recent times. The huge changes over the past few years have of course had a huge impact. Brexit has undoubtedly had a profound effect on the UK’s recruitment landscape. Since the UK voted to leave the European Union in 2016,
Recruitment Struggles Read More »
Floods can sometimes be predictable. For example, charting the habitual swelling of the tides establishes typical water levels and indicates when coastal areas might be prone to flooding. However, more often than not, floods can arise without warning—rivers, lakes or the sea can overrun, swamp defences and surge through the surrounding areas. The fickle nature
Preparing Your Business for Flooding Read More »
Cyber-incidents topped the list of risks facing businesses around the world in 2023 for the second year in a row, according to Allianz’s 2023 Risk Barometer. In addition to ranking as the number one risk globally, cyber-events like IT outages, ransomware attacks and data breaches captured the top spot in 19 different countries, including the
Cyber Is Number One Risk for Businesses in 2023 Read More »
There has been talk in the press of utility outages this winter. Depending on your business this may have several implications, which include; Any frozen and chilled stock such as food and medicines will be impacted. Some trade processes and manufacturing and engineering systems may need be shut down and re-energised in a controlled manner
Winter Power Outages and Business Continuity Planning Read More »
Workers exposed to extremely cold conditions are at risk of serious health problems, including hypothermia, frostbite, dehydration and muscle injuries. Frigid temperatures can also cause additional pain for those who suffer from arthritis and rheumatism. To prevent injuries and illness as a result of winter weather, it is important to learn about the causes, symptoms
Working Safely in Cold Weather Read More »
Industry research revealed that one-third of UK holiday homeowners have the wrong insurance—mistakenly believing that a main residence policy will cover their holiday home. As the holiday season comes to an end, holiday homeowners must prepare their second homes for the winter. However, most home policies do not include cover for holiday homes and deem
Protecting Your Holiday Home in Winter Read More »
Landlord insurance is similar to home insurance, but it is specifically designed to cover rental properties. If you are planning on renting out a property, it is important to understand the options available to you. Standard home insurance policies are not designed to cover homes being rented, so a specialist landlord insurance policy can help
Understanding Landlord Insurance Read More »
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