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The Latest Breaking News from Insurance

Sainsbury’s boosted by return to the office but warns of price rises

Profits are up 4.7% but extra £140m on national insurance bill could mean more expensive groceries

The Guardian - UK

What Are Wall Street Analysts' Target Price for American International Group’s Stock?

Although American International Group has underperformed the broader market in the past year, Wall Street analysts remain reasonably upbeat about its potential.

Barchart

Sainsbury’s boss: Barrage of costs from Budget will lead to higher inflation

The UK’s second largest supermarket firm said changes to national insurance rules will lead to a £140 million cost increase.

Evening Standard

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Sainsbury’s boss: Budget-hit businesses will mean higher inflation for shoppers

Britain’s second-largest supermarket firm said changes to national insurance rules will add £140m to its costs

The Independent UK

BT says budget is set to cost it £100m as it reveals 2,000 more jobs have gone

Firm says changes to employers’ national insurance and minimum wage rise will add to costs as it cuts forecasts

The Guardian - UK

8 Common Mistakes to Remember When Choosing Cat Insurance

Sometimes it is hard to find the right insurance for your cat. Because there are so many choices, it is simple to make mistakes that could cause extra costs or coverage gaps.

inkl

Chancellor Rachel Reeves’ Budget clears first House of Commons hurdle

MPs approved a series of Budget resolutions on Wednesday, which included an increase to employers’ national insurance contributions and a vapes tax.

Evening Standard

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Cost increases for shops and pubs are real and large. Pity the small operators

M&S will pay an extra £60m in employer national insurance next year, but it can cope. Smaller firms may not

The Guardian - UK

Election 2024: Where Is Abortion Now Legal and Where Is It Illegal in the United States?

In the 2024 election, it wasn't just the next host of the White House that was up for election. Citizens of 10 states in the United States had the opportunity to vote on amendments related to abortion rights, seeking to secure or limit reproductive freedom in their state constitutions.

Latin Times

Funnily, Insta360's X4 Action Camera Actually Gets Upgraded For BMW Motorrad Edition

Maybe it'll sound a little naive to say this out loud, especially in 2024. But I'll say it anyway, just for giggles: It's nice when it feels like a company whose products you like is listening to what customers want, isn't it?Far too often, it feels like companies, broadly speaking,…

RideApart

M&S profits rise but retailer warns of £60m hit from Reeves’s budget

Concerns over increase in national insurance contributions and minimum wage on customers and suppliers

The Guardian - UK

UK companies warn of growing consumer costs after Budget tax rises

Retailers, housebuilders and hospitality firms all say Labour’s increase in employers’ national insurance contributions will lead to price rises.

Evening Standard

Wetherspoon’s boss warns of pub price rises as result of Labour budget

Tim Martin blamed increases to the minimum wage and employers’ national insurance contributions

The Guardian - UK

My late father is still being charged for car insurance

His premium was £1,920 and I can’t get Sainsbury’s Bank to cancel the policy

The Guardian - UK

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USA Today Sports Media Group

Can Life Insurance Qualify as a Business Expense? Essential Tax Tips

Typically, life insurance is viewed as a personal financial product that acts to secure families or loved ones in case of an unexpected death. However, for those owning businesses, it can be more than just a means of protection by functioning as a ...

The Independent UK

Survey finds 81% of councils on course to overspend adult social care budgets

Adass said if the recent trend continues, within a couple of years all council adult social care budgets in England will be overspent.

The Independent UK

Darren Jones suggests Tory shadow minister has ‘amnesia’

Mr Jones’s comments were aimed at shadow Treasury minister Alex Burghart, who had described the Budget as being ‘as bad as bad can be’.

The Conversation

Private health insurers are now offering GP telehealth services. Is this a risk to Medicare?

Australia’s second-largest private health insurer, Bupa, has recently started offering its members three free GP telehealth consultations a year. This follows other insurers such as nib offering its members digital GP consults, for things like prescriptions and medical certificates, for a fee.

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The Guardian - UK

AstraZeneca shares tumble after reports China unit is linked to insurance fraud

Pharmaceutical’s weight loss pill described as ‘underwhelming’, also piling pressure on share price

Evening Standard

Prince of Wales announces insurance for rangers who safeguard Africa’s wildlife

Before William spoke at the conference in Cape Town, he was briefed by his team about the death of Private Olara Jonathan.

The Guardian - UK

Labour promised GPs more money. Why hit them with higher national insurance?

Letters: Primary care will suffer from exposing doctors to the rise in national insurance – they should be exempt, writes Phil Taylor

Evening Standard

Fee rise will not fix ‘financial pressures’ facing universities due to NI hike

Changes announced in the Budget around employers’ national insurance contributions will cost the sector around £372m, it has been suggested.

The Independent UK

Streeting vows Budget will put NHS staff ‘on front line, not the picket line’

The Health Secretary also vowed Labour would rebuild hospitals.

International Business Times

'Incalculable' Bill Awaits Spain After Historic Floods

The destruction wreaked by Spain's deadliest floods in a generation in one of the country's economic motors will leave a huge bill for the state and the insurance sector.

Evening Standard

Shadow chancellor Mel Stride says Labour hiding behind an ‘alibi’ over NI rise

Newly-appointed Mr Stride claimed the Labour Party has breached its manifesto as a result of the increase to national insurance for employers.

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