Economy
Chancellor Healey confirms Budget for 28 October
Chancellor of the exchequer John Healey has confirmed the Autumn Budget will take place on 28 October. In a video message Healey committed to a Budget that would “kickstart growth in every...
Read moreStarmer resigns as PM with ex-health secretary Streeting backing Burnham
Sir Keir Starmer has resigned as prime minister and leader of the Labour party following several weeks of turmoil. Former mayor of Manchester and newly-elected MP for Makerfield Andy Burnham has confirmed...
Read moreUpdating economic models key to returning people back to work – King’s Fund’s Woolnough
Assessing and updating economic models is vital to effectively return more people back into work, according to Sarah Woolnough, CEO of the Kings Fund. Woolnough explained this was especially important given the...
Read moreIHT, two-tier underwriting and client demands mean advisers remain vital – analysis
The individual life insurance market has been an increasingly dynamic one and the pattern is set to continue. Changes to inheritance tax (IHT) present a unique opportunity for advisers to engage with...
Read moreMoody’s retains stable outlook for life insurance with ‘robust’ protection demand
Moody’s is retaining its stable rating for the global life insurance insurance as it expects “robust” demand for earnings and protection products over the next year. However it noted that while mortality...
Read moreHealth & Protection Q1 2025 Review: FCA protection study launched; Howden buys Barnett Waddingham; Vitality adds weight loss jabs; H&P launches provider service ratings
Fast pace change and developments have swept through the world of health and protection in 2025 in the UK and internationally. It was a year in which increases to employer’s national insurance...
Read moreA turbulent year of two halves but health insurance market sees easing inflation ahead – analysis
The year 2025 may be remembered as a turbulent year of two halves for the private medical insurance (PMI) market. Companies and individuals continue to see the attraction of taking out cover...
Read moreHealth and protection insurance add-on service users up 23% – ABI
The Association of British Insurers (ABI) has identified a 23% increase in the number of people who used insurer-provided health services in 2023, such as virtual GPs, physiotherapy services and mental health...
Read moreVAT on private healthcare ‘not happening’ – Streeting
Health secretary Wes Streeting has guaranteed the exemption of VAT on private healthcare will not be removed in the upcoming Budget. Streeting told the BBC "it's not happening" and repeated that answer...
Read moreIndividual PMI Report: Membership hits 1.6 million but growth rate almost halves
Individual membership of private medical insurance (PMI) broke the 1.6 million figure in 2024 but continued growing at a much slower rate, according to data from providers for Health & Protection’s annual...
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Aviva health sales drop by a third, while individual business dampens protection growth in H1
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Mis-selling, service levels and customer confusion behind escalating PMI and protection claims – analysis
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‘Closed’ locations challenging growing demand for individual IPMI – analysis
