BI claims deductions should not leave businesses at 'an overall financial disadvantage', says HMT
Exclusive: Insurers should not make deductions from business interruption claims because insureds received government support during the pandemic if doing so leaves businesses at “an overall financial disadvantage”, the Economic Secretary to the Treasury John Glen has said.
In a letter dated 2 March to the Liberal Democrat MP Tim Farron, seen by Post, Glen, pictured, wrote: “The Treasury firmly believes that any deductions should be applied fairly, and that they should
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