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Credit hire rates to rise 3.5% after protracted review

The Association of British Insurer general terms of agreement rate review has been concluded and that, as a result, GTA rates will increase by 3.5% for all new hires commencing on or after 1 June 2008.

An ABI spokesman told Post: “It was a question of not rushing things to make sure the right decision was made. We hope that it represents a fair deal for both insurers and the credit hire industry. We

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