Another increase in insurance premium tax (IPT) will be a double blow for business at a time when the UK economy faces a ‘cocktail of threats,' the Association of British Insurers (ABI) has warned.
The warning follows new figures published today that show last November's IPT increase could cost business nearly £500m in higher commercial insurance premiums, including health insurance. Further increases...
‘Either write it or refer it. Do not ignore it’
Sentenced to two years in prison
Equivalent of £980,000 a day
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'Better balance between fee and interest income'
Replaces António Horta-Osório
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