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Davies boss reveals change of PE backer

Davies CEO Charles Crawford today confirmed to Post that a buyout agreement has been reached which will see Electra Partners replace Lloyds Development Capital as the firm’s private equity backer.

Insolvencies drop among big firms

Credit data provider Experian says the rate of insolvencies dropped to 0.08% in August, its lowest point since February, but up on last August’s 0.07%.

Neave rebuts IFB ‘revolving door’ claims

Insurance Fraud Bureau chairman David Neave insists there is no “revolving door” problem at the industry anti-fraud co-ordinator, after Glen Marr announced he was stepping down from the director role after just over a year.

Looking back - 1991: Hitting the hot hatches

On 26 September 1991, Post reported a tale familiar to today’s law-abiding general public: soaring motor insurance premiums. Current year-on-year rises cited are in the region of 30% to 40%, but the figures from 20 years ago suggested hikes of up to 74%…

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