Many Pets’ £42m loss highlights issues


Many Pets posted a £42m loss for the year to 31 March 2023, on top of the £31m loss for the year before.

According to Companies House filings, for the years ending 31 March 2020 (£16.5m), 2021 (£22m), 2022 (£31m) and 2023 (£42m), the pet insurer has posted a total loss of more than £111m.

While it is

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Labour promises to rip up red tape for insurers

Tulip Siddiq, shadow economic secretary to HM Treasury, has promised if the Labour party gets into power she will make sure regulation encourages growth and competitiveness in the insurance industry.

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