The Budget
Public sector spending cuts: Cutting costs
The government's rumoured spending cuts look set to hit the public sector hard. Sam Barrett examines the implications for insurance and risk management in the market.
BIS countdown - Douglas Williams: Speaking economically
With a track record in successfully predicting the economy, Douglas McWilliams gives Jonathan Swift his current forecast.
Broker focus - exit options: Feathering the nest
Finding a favourable exit during the economic downturn has proved tricky for broker owners. Leigh Jackson reports on how the tide may be turning for those looking to sell.
View from the top: Discretion is dangerous
With the dust settling on the emergency budget, individuals and businesses are working out what this means for them.
London market “more competitive” following budget
The International Underwriting Association’s chairman Stephen Riley has welcomed recent changes to corporation tax in June’s emergency budget.
BUDGET 2010: Healix predicts IPT related PMI premium hike
Healthcare trust specialist Healix has predicted an increase in private medical insurance on the back of the 1% rise in insurance premium tax announced in yesterday’s emergency budget.
Insurers seek to make up shortfall after hike in IPT
Insurers with policyholders paying by monthly instalments look set to be worst hit by the standard 1% hike in insurance premium tax, announced in Tuesday's budget.
View from the top: The new watchword
Efficiency has become the watchword of the new government, as it looks for savings to combat the UK's budget deficit. The same watchword could be applied to businesses. While the likelihood of a double dip recession has lessened, we are still at a…
Editor's comment: Travel's IPT headache
It has certainly been a busy few weeks for the chancellor George Osborne.
BUDGET 2010: Bluefin boss claims IPT hike will not delay hard market
Bluefin CEO Stuart Reid has admitted a more significant increase in insurance premium tax may have further delayed a hard market.
BUDGET 2010: IPT increase should not be ignored
Independent consultancy Fiscal Reps is urging the insurance industry to take note of the increase in the rate of insurance premium tax in today’s emergency Budget.
BUDGET 2010: IPT rise will cost the average household an extra £8 per year
Aviva said that while the increase in the lower rate of IPT is less than initially forecasted, a 1% rise is still disappointing.
BUDGET 2010: Osborne pledges to consult on CFC rules
Chancellor George Osborne has announced plans to launch a consultation into the reform of Controlled Foreign Company rules this summer.
BUDGET 2010: ABI: IPT rises “regrettable”
The Association of British Insurers has warned the government that the increase to Insurance Premium Tax outlined in today’s budget could have unintended consequences.
BUDGET 2010: FSB critical of Osborne NIC plans
The Federation of Small Businesses has expressed its concern at the Chancellor George Osborne’s failure to reverse the rises in Employer National Insurance Contributions.
BUDGET 2010: Chancellor reveals corporation tax cuts
Chancellor of the Exchequer George Osborne has pledged to cut corporation tax by one percent for the start of the next financial year.
BUDGET 2010: Biba "disappointed" by IPT hike
The British Insurance Brokers' Association has said it is concerned that consumers and businesses will be hit by increasing insurance costs.
CBG issues IPT warning
CBG Group has warned that increasing the level of insurance premium tax is likely to deter customers from buying adequate cover.
Postbox: A Budget tax warning
With the new coalition government currently reviewing spending and revenue, many forecasters believe that the 5% tax rate on general insurance will be at least doubled in the emergency Budget due on 22 June.
Editor's comment: Brit offer makes waves
Last week, Brit Insurance certainly made waves on the Stock Exchange when its share price rocketed on news that US private equity house Apollo was sniffing around the business and had made a £10 per share cash offer.
Biba calls for IPT freeze
The British Insurance Brokers’ Association is urging the government not to increase the 5% rate of insurance premium tax on insurance products in its Budget on 22 June.
Chancellor confirms 22 June Budget
An emergency Budget will be held on Tuesday 22 June, the Chancellor announced today.